Bihar economy grows under Nitish Kumar – Modi

February 23, 2012

The Bihar economy grew at a rate of 11.36 per cent from 2004-05 to 2010-11, much above the national average.

Commenting on the big strides on social development front, Bihar Deputy Chief Minister Sushil Kumar Modi also said the literacy rate increased from 47.0 per cent in 2001 to 63.8 per cent in 2011, registering a growth of 16.8 per cent during the decade and this decadal raise is the highest among all the states.

Modi said in vegetable production, the state holds the top position in the country as the productivity of potato increased from 17,180 kg per hectare in 2008-09 to 18,410 kg.

The State Investment Promotion Board approved 603 project proposals till date which involves a total investment of more than Rs 48,000 crore and employment of 1.85 lakh persons.

Modi said the revenue surplus of Bihar government increased from Rs 2498 crore in 2006-07 to Rs 6272 crore in 2011-12 and the capital outlay increased systematically from Rs 5211 crore to Rs 11,447 crore during the same period.

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