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 An introduction to economy of Bihar

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 Main features of Budget of Bihar

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 Bihar : Tax and Economic Reforms

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 Bihar Public Finance and fiscal Policy

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