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Economic Survey Of Bihar Claims 16 Percent Rise In GSDP Despite 26.04% Fall In Farm Output
Something seems to be seriously wrong with the Economic Survey recently presented by the government of Bihar. How can the Growth State Domestic Product for Bihar make a "dramatic growth" of 16.0 per cent in the one year period of 2006-07 when the foodgrains output, of this essentially agrarian state, has fallen by record 26.04 per cent in just one year.
One wonders how the growth rate of Bihar can be 16 per cent in one year that is double than the national average and yet remained unreported? How can Bihar leaves Gujarat, Maharashtra, Karnataka etc so far behind notwithstanding so poor record in food production, almost negligible power generation and industrial growth rate of just 5.4 per cent against the national rate of 20.1 per cent. According to the Survey "While rice production has fallen by 24.4 percent in comparison to the previous year, production of wheat has fallen by about 19 percent. It is maize which has suffered the most significant fall, with its production falling by almost 47 percent over the previous year." The sugarcane production has also fallen by over seven per cent and there is 7.90 per cent fall in acreage. The CD ratio of Bihar continues to remain at the bottom. Currently it stands at 31.1 percent, far below the national average of 75 per cent, and way behind the CD ratio of states like Maharastra (98 per cent), Rajasthan (82.5 per cent), West Bengal (62.6 per cent) or even Madhya Pradesh (62.2 per cent). The CD ratio across districts show wide variations, from 18.8 per cent in Siwan to 57.7 per cent in neighbouring West Champaran. CD ratio of RRBs also show similar variations across different districts with an even wider range, the highest being 63.3 percent for Katihar and the lowest being 19.9 percent for Jehanabad, the Survey said. The Self Help Groups (SHGs) and the SHG-Bank Linkage Programme, implemented by commercial banks, RRBs and cooperative banks, have emerged as the major micro-finance programme in the country. As on March 31, 2007, a cumulative number of 72,638 SHGs were credit-linked to banks and the total credit flow to these SHGs was Rs. 202.98 crore. By siddharth22, Section News Posted on Wed Feb 27, 2008 at 01:28:51 AM EST However, Bihar has done well so far health sector is concerned. Though the doctors have repeatedly been threatening with strike and agitation by para-medics in December last the number of patients coming to the government hospitals and clinics has increased manifold. The three districts with the highest Per Capita GDDP are (Rs 3,1441), Munger (Rs. 10,087) and Begusarai (Rs 9,312). At the other end, three districts with the lowest Per Capita GDDP are Araria (Rs 4,578), Sitamarhi (Rs. 4,352) and Sheohar (Rs. 3,636). However, the average per capita small savings was Rs 264 in 2005-06 and Rs 191 in 2006-07. Taking the savings figures of 2006-07, it is observed that three districts with the highest per capita savings are Patna (Rs. 675), Saran (Rs. 339) and Nalanda (Rs. 328). The three districts at the bottom are Sitamarhi (Rs. 68), East Champaran (Rs. 68) and Araria (Rs. 51). With these not so encouraging figures how can the state government claim that the growth rate has jumped by whopping 16 per cent?
Economic Survey Of Bihar Claims 16 Percent Rise In GSDP Despite 26.04% Fall In Farm Output | 0 comments (0 topical, 0 hidden)
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