An introduction to economy of Bihar

An introduction to economy of Bihar BIHAR ECONOMY: AN OVERVIEW The growth momentum of the Bihar’s economy, experienced in the last decade, was continued in the recent years also. Last year the Central Statistical Organisation has released a new series of GSDP, with 2011-12 as the base year for estimation of both national and state … Read more

Bihar : Schemes and Projects

Bihar : Schemes and Projects Economy of Bihar is growing at a rapid pace but  growth story may lose all its significance, unless it is translated into human development. And in Bihar we can see growth of economy along with the development. Bihar provides an excellent example of growing with inclusive growth. Today, people are … Read more

Main features of Budget of Bihar

Main features of Budget of Bihar Budget Highlights The Gross State Domestic Product of Bihar for 2017-18 at current prices is estimated to be Rs 6,32,180 crore. This is 17% higher than the revised estimates for 2016-17. Total expenditure for 2017-18 is estimated to be Rs 1,60,086 crore, 3.7% higher than the revised estimates of … Read more

Bihar budget 2020-21- Analysis

Bihar budget 2020-21 GDP The growth rate of Bihar’s GSDP (at constant prices) was 10.5% in 2017-18 and 2018-19, higher than the GDP growth rate of the country in both years. The Fiscal Deficit Fiscal deficit is the amount left by subtracting revenue receipt, recoveries of loans and advances and repayment of public debt from … Read more

Bihar Human Development Index

Bihar Human Development Index Human development is a process of enlarging people’s choices. But human development is also the objective, so it is both a process and an outcome. Human development implies that people must influence the processes that shape their lives. In all this, economic growth is an important means to human development, but not … Read more

Bihar : Food Security

Bihar : Food Security Food security can be described as a phenomenon relating to individuals and can be defined by nutritional status of the individual household member that is the ultimate focus, and the risk of that adequate status not being achieved or becoming undermined. Food Security can defined as Food security exists when all … Read more

Bihar Public Finance and fiscal Policy

Bihar Public Finance and fiscal Policy Basic Understanding of Public Finance Public finance as a concept may be understood on two levels – as a practical activity of all components of public administration and As a theoretical area. The term “public finance“ may be defined as the identification of specific financial relationships and functions running between public … Read more

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