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

District and Divisions of Bihar part 1

District and Divisions of Bihar part 1 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 … 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 : Trade and Commerce

Bihar : Trade and Commerce Bihar is located in the eastern part of India. The state enjoys a 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 resources and mineral reserves from the neighbouring states. The Gross … Read more

Bihar : Tax and Economic Reforms

Bihar : Tax and Economic Reforms The economic liberalization in India , initiated in 1991, with principles of Liberalization , Privatization and Globalization (LPG) of the country’s economic policies, with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment. Specific changes include a reduction in import tariffs, … Read more

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