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Investment Intention Form Annual Report

Growth

GSDP of Bihar at factor cost

Year Current Prices (Rs. in Crore) Constant Prices (Rs. in Crore) Current Prices (Rs. in Million) Constant Prices (Rs. in Million)

2004-05

77781

77781

777810

777810

2005-06

82490

76466

824900

764660

2006-07

100737

88840

1007370

888400

2007-08

113680

93774

1136800

937740

2008-09

142279

107412

1422790

1074120

2009-10

162923

113158

1629230

1131580

2010-11

203555

130171

2035550

1301710

2011-12

243269

143560

2432690

1435600

2012-13

293616

158909

2936160

1589090

2013-14

343663

173409

3436630

1734090

2014-15

402283

189789

4022830

1897890

18.9 %

10.0 %

18.9 %

10.0 %

2015-16

478188

208843

4781880

2088430

2016-17

568414

229810

5684140

2298100

2017-18 (Projected)

675665

252882

6756650

2528820

2018-19 (Projected)

803152

278271

8031520

2782710

2019-20 (Projected)

954695

306208

9546950

3062080

Source: Asian Development Research Institute, Patna

Yearly Growth Rate of Bihar’s GSDP as compared to India’s GDP

Yearly Growth in GSDP/ GDP at Current Prices
Year Bihar India

2012-13

14.25

13.91

2013-14

12.30

13.28

2014-15

17.92

10.78

2015-16

10.59

8.71

Source: Report Card 2016-17, Govt. of Bihar

State Revenue Receipt

Expenditure Pattern

Amounts

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17 BE

Non -Developmental Expenditure

20854

21924

25714

30405

34251

40917

Developmental Expenditure

39328

47282

54691

64293

78077

103779

Total Expenditure

60182

69206

80405

94698

112328

144696

Developmental Expenditure as % of Total Expenditure

65.4

68.3

68

67.9

69.5

71.7

Plan Expenditure

23008

23381

33678

43939

53732

72419

Non Plan Expenditure

37174

40825

46728

50759

58596

72277

Plan Expenditure as % of Total Expenditure

38.2

41

41.9

46.4

47.8

50

Interest Payments

4304

4428

5459

6129

7098

8179

Source: Economic Survey 2016-17, Govt. of Bihar

Economic Development

  • Revised plan outlay for the financial year 2016-17 is Rs. 79014.99 Crore. In 2004-05 State plan outlay was only Rs 3059.22 Crore. 26 times increase in Plan Outlay of 2016-2017 in comparison to 2004-2005
  • 21 times and 27 times increase in State Outlay under infrastructure and Social Sector consecutively in FY 2016-17 in comparison to FY 2004-05.