Trade Analytics

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

Latest update: June, 2018

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

Last Updated: June, 2018

BIHAR State Report | May, 2018

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 grew at a CAGR of 12.14% between 2011-12 and 2016-17. Bihar's per capita GSDP increased from US$ 365.1 in 2011-12 to US$ 598.3 in 2016-17.

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 third largest producer of vegetables and the sixth largest producer 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 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 state has a large base of cost effective industrial labour, making it an ideal destination for a wide range of industries.

Total FDI for Bihar & Jharkhand, between April 2000 and December 2017, stood at US$ 113 million.

Recent Developments

  • As of April 2018, work on NH2 in Bihar has been started. Total cost of the project is estimated as Rs 882 crore (US$ 136.85 million).
  • Under BSHP – 2, construction of ROB (part of SH 83 - Baghi-Barbigha Road) is expected to complete in January 2019. total cost of the project was Rs 32.74 crore (US$ 5.08 million)
  • In the month of April 2018, Patna handled 2,273 aircraft movement, 331,739 passengers and 647 MT freight.
  • As on April 2018, under the AMRUT scheme, total amount of Rs 2,469.77 crore (US$ 383.21 million) were allocated to the state of Bihar.
  • As per 2018-19 Budget, 1.25 crore children are provided daily mid-day meals in 70,371 schools.

Key Sectors:

  • Total horticulture production in the state for 2017-18^ was 18,881.16 thousand MT with 1,176.68 thousand hectares of area under production.
  • State produced 7,296.4 thousand MT of rice and 340.9 thousand MT of pulses in 2017-18*.
  • In 2016-17, Bihar produced 18.24 million tonnes of sugarcane.
  • Tourism: The Bihar government has identified total 900 spots, which are to be developed as tourist places, map to attract tourists from across the world.

Note: ^ - 1st Advance Estimates, * - 2nd Advance Estimates

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 Map

Bihar