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Bihar Economic Survey: 2023-24| Important Points | BPSC

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Bihar Economic Survey: 2023-24

This report was presented in both the houses of the legislature by the state’s Deputy Chief Minister cum Finance Minister Samrat Choudhary. This was the 18th report of Bihar Economic Survey, which was started by the Nitish Kumar government in 2006-07.

Bihar economy’s overview tabulated below:

FactorsData from Bihar Economic Survey 2023-24
GSDP grew by10.6%
GSDP at current pricesRs. 7.5 lakh crore
GSDP at constant pricesRs. 4.4 lakh crore
NSDP at current pricesRs. 6.8 lakh crore
NSDP at constant priesRs. 3.9 lakh crore
GFCF at current prices
(Gross fixed capital formation)		Rs. 35,343 crore
Nominal per capita incomeRs. 59,637
Real per capita incomeRs. 35,119
Share of primary sector in GSDP20 percent
Share of secondary sector in GSDP20 percent
Share of tertiary sector in GSDP60 percent
The growth rate of the primary sector at Constant Prices6.7%
The growth rate of the secondary sector at Constant Prices6.8%
The growth rate of the tertiary sector at Constant Prices13%
Bihar GK Bihar Economic Survey

Other important facts from Bihar Economic Survey: 2023-24

  • The per capita in the six districts of the state, namely, Patna, Rohtas, Muzaffarpur, Begusarai, Munger and Bhagalpur was higher than the state average in 2021-22.
  • The primary sector has the most significant share in employment, and the lowest in the gross value added in both Bihar and India.
  • Total 5 krishi karman awards won by state till now.
  • Power from Renewable energy in Bihar is 31% in 2021-22. Target is 35% by 2025-26.
  • NPA in 2022-23 is 9.3%.
  • Rainfall in 2022 is 849.1mm.
  • BSPCB partnered with UNEP to control carbon emission to the lowest possible level by 2070.
  • The energy deficit has gradually declined from (-)3307 mega unit in 2017-18 to a surplus of 4034 mega unit during 2022-23.

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