Bihar sees highest growth in five years | SupportBiz

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Bihar sees highest growth in five years

 
Bihar recorded its highest growth rate of 16.71 percent during 2011-2012 thanks to a record in foodgrain production, Deputy Chief Minister Sushil Kumar Modi said. "Bihar has recorded growth rate of 16.71 percent in last fiscal, the highest in the last five years," said Modi, who also holds the finance portfolio.

Bihar produced 166.69 lakh tonnes of foodgrain during 2011-2012, as compared to 103.47 lakh tonnes last year, Modi said, quoting latest figures which were made available in June.

Paddy production contributed the most. From 31.02 lakh tonnes in 2010-11, it jumped to 83.05 lakh tonnes in 2011-12, he said.

Modi said that the 2011-12 agriculture production marked a growth rate of 17.16 percent, which was considerably higher than in the previous years.

He said that there was misconception about Bihar's growth rate, as it was believed that it was based only on construction and communication. "It has now been established that the increase of growth rate has been because of record production of foodgrain," he stated.