Sunday, December 30, 2012

Bihar became the Fastest Growing Indian State between 2006 and 2010

As per the data released by the Planning Commission of India, Bihar became the fastest growing state in India at 10.9 per cent between 2006 and 2010 while Gujarat’s growth rate declined to 9.3 per cent and it lagged behind Bihar and other four states- Orissa, Maharashtra, Haryana, Chhattisgarh in terms of growth rate. Bihar was the slowest growing state during 2001-05 period with GDP figure of 2.9 percent whereas Gujarat was the fastest growing state between 2001 and 2005 with figure of 11 percent.
Chhattisgarh grew from 7.7 per cent in 2001-05 to 10 per cent growth between 2006 and 2010  while Haryana grew from 8.4 per cent to 9.7 per cent, Maharashtra from 8.2 per cent to 9.6 per cent and Orissa from 7.8 per cent to 9.4 per cent between 2006 and 2010.   
The period between 2004-05 and 2011-12 registered an average increase of 300 per cent in consumption in rural areas, minimizing the gap between rural and urban area thus highlighting the inclusive growth.

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