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Bihar the Land of Buddha

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Bihar the Land of Buddha TOMB OF SHER SHAH SURI, SASARAM, BIHAR BIHAR THE LAND OF BUDDHA For updated information, please visit www.ibef.org April 2018 Table of Content Executive Summary……………….….…….3 Advantage State……………………...……..4 Bihar Vision……………………………...…..5 Bihar– An Introduction….….…….…....…...6 Annual State Budget 2017-18…………….16 Infrastructure Status ………………………17 Business opportunities ……………..…….37 State Acts & Policies…….……….........…66 Doing Business in Bihar……………..…...61 State Acts & Policies……………………..62 EXECUTIVE SUMMARY Fastest growing state in . The Gross State Domestic Product (GSDP) of Bihar grew at a CAGR of 12.13 per cent (In Rs) between India 2011-12 and 2016-17. Fastest per capita . Bihar has witnessed strong growth in per capita net state domestic product. At current prices, per capita income growth NSDP of the state grew at a CAGR of 10.35 per cent (in Rs) per cent during 2011-12 to 2016-17. Leader in the production . Bihar is the 3rd largest producers of vegetables & the 6th largest producer of fruits in India. of fruits and vegetables . Bihar has high agricultural production making it one of the strongest sectors of the state. About 80% of the Strong agriculture sector state’s population is employed in agriculture, which is much higher as compared to India’s average. The state has developed as the number one state in the eastern region in terms of agricultural production. Fifth largest mobile . With 83.82 million mobile subscribers in January 2018, Bihar accounted for the third largest mobile subscriber base subscriber base among all Indian states. Source: Central Statistics Office, Ministry of Statistics and Programme Implementation, Ministry for Integrated Development of Horticulture, NSDP- Net State Domestic Product 3 BIHAR For updated information, please visit www.ibef.org ADVANTAGE: BIHAR GSDP High Economic Growth with flourishing Policy incentives NSDP industries . As per the women empowerment policy, the state is State GSDP . The per capita GSDP of Bihar increased at a CAGR of increasing its focus on women empowerment by State NSDP grew at a 8.58 per cent, between 2011-12 and 2016-17. ensuring availability of resources (education & grew at a employment) for women, which would in turn lead to CAGR of . Food processing, dairy, sugar, manufacturing & CAGR of increased contribution from women in development of 12.13 % healthcare are some of the fast growing industries in the 12.10% the economy during state. The state has planned initiatives for the during development of other sectors such as education & . In May 2017, the state government has given around 2011-12 to 2011-12 to tourism. 3.65 lakh government employees & 6 lakh pensioners 2016-17 a revised pay scale from the month of May as per the 2016-17 7th pay scale recommendations Advantage Bihar Rich labour pool Location advantage . The state has a large base of cost-effective industrial . The state enjoys a unique location specific advantage labour, making it an ideal destination for a wide range of because of its proximity to the vast markets of eastern industries. & northern India, access to ports such as Kolkata & . The state has institutes of national importance such as Haldia & to raw material sources & mineral reserves National Institute of Technology & Indian Institute of from the neighbouring states. Technology, which provide skilled manpower to industries. GSDP: Gross State Domestic Product NSDP: Net State Domestic Product EBC: Extremely Backward Class 4 BIHAR For updated information, please visit www.ibef.org STATE VISION . Knowledge and religious hubs to be built & will . Agriculture to play a significant role with attract 100,000 tourists per year by 2022. opportunities in food processing & agro- . Construct mega religious theme parks based industries. (Buddhism & Jainism). Use quality seeds & fertilisers & upgraded . Eight centres for educational, cultural & technology religious tourism planned. Provide institutional credit & crop insurance. Planned roadmap for improved connectivity; . Develop infrastructure with focus on roads & luxury hotels to be constructed through PPP energy sector. mode. GSDP Growth Tourism . Tourism service centres to be set up. Vision 2022 Health Education . Build medical institutions, create awareness & . Achieve zero dropout rate in secondary bring about technological advancements. education. Introduce radiology & pathology services in . Increase spending on building schools and every district. colleges with easy access and upgraded . Government hospitals across 36 districts to be infrastructure. provided with CT scan services. Launch policy initiatives to ensure . All government hospitals likely to commence compulsory enrolments dialysis services. Open vocational training institutes. Source: Confederation of Indian Industry 5 BIHAR For updated information, please visit www.ibef.org BIHAR FACT FILE . The most commonly spoken languages in the state are Hindi, English, Urdu, Bhojpuri, Maithili & Angika. The 4 agro-climatic seasons and fertile soil of Bihar support cultivation of a wide range of crops. Parameters Bihar Capital Patna Geographical area (sq km) 94,163 Source: Maps of India Administrative districts (No) 38 Population density (persons per sq km) 1,106 . Bihar is located in the eastern part of India. The state is surrounded Total population (million) 104.1 by Nepal in the north, West Bengal in the east, Uttar Pradesh in the Male population (million) 54.3 west & Jharkhand in the south. Female population (million) 49.8 . The state has a number of rivers; the most important of which is the Ganges. Sex ratio (females per 1,000 males) 918 . Patna, Gaya, Bhagalpur, Muzaffarpur & Darbhanga are some of the Literacy rate (%) 61.8 key cities in Bihar. Source: Government of Bihar website, Census 2011 6 BIHAR For updated information, please visit www.ibef.org BIHAR IN FIGURES … (1/2) Parameter Bihar All states Source Economy 2016-17 2016-17 Directorate of Economics & Statistics of Bihar, GSDP as a percentage of all states’ GSDP 2.88 100.0 Central Statistics Office Directorate of Economics & Statistics of Bihar, GSDP growth rate (%) 12.13 11.69 Central Statistics Office Directorate of Economics & Statistics of Bihar, Per capita GSDP (US$) 598.29 1,788.95 Central Statistics Office Physical Infrastructure Installed power capacity (MW) 4,341.47 344,002.39 Central Electricity Authority, as of March 2018 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 83,826,340 1,151,936,422 January 2018 Telecom Regulatory Authority of India, as of Internet subscribers (No)* 23,630,000 445,960,000 December 2017 NHAI & Roads and Building Department, as of National Highway length (km) 4,839 1,22,432 February 2018 Airports (No) 2 125 Airports Authority of India Note: * includes Jharkhand 7 BIHAR For updated information, please visit www.ibef.org BIHAR IN FIGURES … (2/2) Parameter Bihar All states Source Social Indicators Literacy rate (%) 61.8 73.0 Census 2011 Birth rate (per 1,000 population) 26.8 20.4 SRS Bulletin Investments Department of Industrial Policy & Promotion, April FDI equity inflows (US$ billion) 0.1131 368.05 2000 to December 2017 Industrial Infrastructure PPP projects under construction (no) 7 479 DEA, Ministry of Finance, Government of India PPP projects operational (no) 8 717 DEA, Ministry of Finance, Government of India 1Including Jharkhand, PPP: Public-Private Partnership, SRS: Sample Registration System 8 BIHAR For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – GSDP . In 2016-17, Bihar’s GSDP at current prices was around Rs 4.38 GSDP of Bihar at current prices trillion (US$ 65.29 billion). 70.00 5 . The state’s GSDP grew at a CAGR (in Rs) of 12.13 per cent CAGR (In Rs) 12.13% between 2011-12 and 2016-17. 4.5 60.00 65.29 4 4.38 50.00 58.28 3.5 56.08 3.82 52.41 51.86 51.54 3.43 3 40.00 3.17 2.5 2.82 30.00 2.47 2 20.00 1.5 1 10.00 0.5 0.00 0 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 US$ billion Rs trillion Source: Directorate of Economics & Statistics of Bihar, Central Statistics Office 9 BIHAR For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – NSDP . In 2016-17, NSDP of Bihar was Rs 4.04 trillion (US$ 60.28 billion). Bihar’s NSDP at current prices . Average NSDP growth rate in the state was about 12.10 per cent (in Rs) between 2011-12 and 2016-17. 70.00 4.5 CAGR (in Rs) 12.10% 4 60.00 4.04 3.5 60.28 50.00 3.52 3 53.75 51.63 3.16 48.29 47.99 40.00 47.65 2.92 2.5 2.61 30.00 2 2.28 1.5 20.00 1 10.00 0.5 0.00 0 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 US$ billion Rs trillion Source: Directorate of Economics & Statistics of Bihar, Central Statistics Office 10 BIHAR For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – PER CAPITA GSDP . The per capita GSDP of Bihar increased from Rs 23,525 (US$ Bihar’s per capita GSDP at current prices 490.62) in 2011-12 to Rs 38,546 (US$ 336.4) in 2016-17. The per capita GSDP of Bihar increased at a CAGR of 10.38 per 600.00 45,000 CAGR (In Rs) 10.38% cent (in Rs), between 2011-12 and 2016-17. 580.00 40,000 560.00 35,000 336.4 540.00 38546.00 30,000 34103.00 520.00 25,000 31142.00 29251.00 500.00 303.5 20,000 26459.00 509.27 23525.00 480.00 15,000 490.62 485.93 460.00 483.49 10,000 440.00 5,000 420.00 0 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 US$ Rs Source: Ministry of Statistics and Programme Implementation, Government of India 11 BIHAR For updated information, please visit www.ibef.org ECONOMIC SNAPSHOT – PER CAPITA NSDP .
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