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Information About Bihar: Agriculture, Industries, Economy Growth, Geography

Last updated on Jun, 26 2020

Economic Snapshot
Economic Snapshot

 

Factfile

  • Capital:Patna
  • Geographical Area (sq km):94,163
  • State Language:Hindi, English, Urdu and Bhojpuri
  • Literacy Rate:61.8 per cent
  • Key Industries:Food and beverages, rubber and plastics, transport equipment, chemicals, tobacco, textile, leather and dairy

BIHAR State Report | June, 2020

Bihar is located in the eastern part of India. The state is surrounded by Nepal in the north, West Bengal in the east, Uttar Pradesh in the west, and Jharkhand in the south. The state enjoys a unique location specific advantage because of its proximity to the vast markets of eastern and northern India, access to ports such as Kolkata and Haldia, and to raw material sources and mineral reserves from the neighbouring states.

The Gross State Domestic Product (GSDP) of Bihar will increase at a CAGR of 13.17 per cent between 2015-16 and 2020-21. The per capita GSDP of Bihar increased at a CAGR of 12.91 per cent (in Rs) between 2015-16 and 2018-19.

Bihar is one of the strongest agricultural states. The percentage of population employed in agricultural production in Bihar is around 80 per cent, which is much higher than the national average. It is the fourth largest producer of vegetables and the eight largest producers of fruits in India. Food processing, dairy, sugar, manufacturing, and healthcare are some of the fast-growing industries in the state. The state has planned initiatives for the development of other sectors such as education and tourism and also provides incentives for information technology and renewable energy.

The state has a large base of cost-effective industrial labour, making it an ideal destination for a wide range of industries.

Total Foreign Direct Investment (FDI) for Bihar and Jharkhand stood at US$ 119 million between April 2000 and March 2020. In 2019, eight investments were filed in the state worth Rs 671 crore (US$ 96.01 million). During 2019-20 (up to Dec 19), export from the state stood at US$ 1,260.15 million.

Recent Developments

  • Under BSHP – 2, construction of ROB (part of SH 83 - Baghi-Barbigha Road) was expected to complete in January 2019. Total cost of the project was Rs 32.74 crore (US$ 5.08 million)
  • During 2019-20, Patna and Gaya handled 30,959 and 3,606 aircraft movements, respectively. Patna and Gaya handled 45,25,765 and 2,37,452 passengers respectively in same period. Patna airport handled 12,249 MT freight traffic during same period.
  • As on April 2018, under the AMRUT scheme, total amount of Rs 2,469.77 crore (US$ 383.21 million) was allocated to the state of Bihar.

Key Sectors:

  • Total horticulture production in the state for 2018-19^ was 21,204.97 thousand metric tonnes (MT) with 1,185.36 thousand hectares of area under production.
  • State produced 6,787.8 thousand MT of rice and 62 thousand MT of pulses in 2018-19*.
  • Sugarcane is grown in approximately 6 percent of the total area under cultivation in Bihar. Sugarcane production in the state for 2018-19 (P) stood at 182.85 lakh MT. During sugar season 2019-20, 11 sugar mills were operating in the state of Bihar. During 2019-20, 220.50 lakh MT sugar is estimated to be produced in Bihar.
  • In 2019, foreign and domestic tourist arrival reached 1.093 million and 33.99 million, respectively.

Note: * - 1st Advance Estimates, P – Provisional, ^-3rd advance estimate

Factfile

  • Capital:Patna
  • Geographical Area (sq km):94,163
  • State Language:Hindi, English, Urdu and Bhojpuri
  • Literacy Rate:61.8 per cent
  • Key Industries:Food and beverages, rubber and plastics, transport equipment, chemicals, tobacco, textile, leather and dairy