Bihar Economic Survey 2018-19

  • Bihar Economic Survey 2018-19 published by Finance Department , Govt of Bihar.
  • Bihar’s economy in 2017-18 was 11.3 percent, the highest among all the states in India against the growth rate of the national economy at 7 percent.
  • The GSDP of Bihar in 2017-18 was Rs. 4,87,628 crore at current prices and at constant (2011-
    12) prices, Rs. 3,61,504 crore. The resulting Per Capita GSDP in 2017-18 are — Rs. 42,242 (current prices) and Rs. 31,316 (constant prices).
  • Three most prosperous districts in Bihar are — Patna, Munger and Begusarai.
  • Three most economically disadvantaged districts are — Madhepura, Supaul and Sheohar.
  • In the budget estimates of 2018-19, the revenue surplus is projected to increase further to Rs
    21,312 crore.
  • The primary deficit of the state government came down from Rs 8289 crore in 2016-17 to
    Rs 5251 crore in 2017-18. ( 3% of GSDP)
  • 2017-18, the state’s own tax revenue Rs. 23,742 crore; non-tax revenues grew  Rs. 3507 crore; share in
    central taxes Rs. 65,083 crore and grants-in-aid reached to Rs. 25,720. The total revenue of the state government Rs. 1,17,447 crore in 2017-18, implying an increase of 70.4 percent over a period of 4 years.
  • The total borrowings in 2017-18 was only Rs 13,169 crore.
  • Bihar has an area of 93.6 lakh hectares, accounting for nearly 3 percent of the country’s total geographical area for Agriculture.