Bihar's economic growth best among major states in 11th Plan
Posted on: 10:20 PM IST Nov 28, 2012
New Delhi: Bihar has been the top performer among the major states in terms of economic growth during the 11th Five Year Plan which ended on March 31, 2012. According to a Planning Commission report on state finances, only Sikkim and Goa, which are much smaller in size than Bihar, have performed better than the state.
The report reveals that the nominal gross state domestic product (GSDP) growth rate of Bihar was 21.9 per cent during the 11th Plan spread over 2007 to 12. None of the major states which include Maharashtra, Andhra Pradesh, Gujarat and Uttar Pradesh could over 20 per cent GSDP growth rate in nominal terms.
Among all the states and union territories, Sikkim recorded highest GSDP growth rate of 31.6 per cent during the five year period followed by Goa at 22.9 per cent. The worst performers include Jharkhand which recorded GSDP growth rate of 9.2 per cent followed by the Puducherry, Nagaland and Manipur (all below 11 per cent).
In case of major states, Haryana clocked the GSDP growth rate of 19.5 per cent followed by Rajasthan at 18 per cent, Kerala at 16.9 per cent, Madhya Pradesh 16.8 per cent, Andhra Pradesh at 16.7 per cent and West Bengal at 16.4 per cent. During the 11th Plan, Gujarat grew at 16 per cent followed by Maharashtra and Uttar Pradesh at 15.3 per cent each.