According to data released by Ministry of Statistics of India on 1
June 2012, Bihar emerged as the state with highest economic growth rate
in the country. The state which until recently was synonymous with
poverty, recorded an impressive 13.1 per cent growth in 2011-12. Bihar
topped the list for second consecutive year. The state’s economy even
surpassed the Punjab on the back of four years of double-digit growth.
The state was closely followed by Delhi and Puducherry. Chhattisgadh
and Goa were the other two states in the list of top five states. Tamil
Nadu and Gujarat, the two highly industrialized states registered the
growth of 9.4 per cent and 9.1 per cent respectively in the fiscal year
2011-12.
Punjab, leading food grain producing state of India, Andhra Pradesh
and Karnataka, both the heart of the IT sector of the country, and Uttar
Pradesh, the country's most populous state, registered growth of 6.5%
in 2011-12, lower than India's GDP growth.
With the Bihar government taking numerous measures to attract
investment in the state, the result is quite visible with the growth
number rising on constant basis. An improved law and order situation and
developing infrastructure in the state are apparently boosting the
investment sentiments of the industrial houses in the country which are
now coming ahead with proposals to set up factory in the state.
Agricultural productivity has also taken a quantum jump in the state
apparently contributing to the overall growth of the state. A slew of
development measures have also been put into place by the government to
ensure enhanced education and medical facilities in the state.
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