Bihar doubles its Per Capita income in Last 8 Years

Bihar has doubled its Per Capita income under 8 Years of  the rule of CM Nitish Kumar, which indicates a massive growth and the rising employment opportunities.

However, it is still much less than the National Average of Per Capita Income. Planning and Development Minister Narendra Narayan Yadav said that Bihar’s per capita income in 2011-12 was Rs.15,268, which was still far behind the national average of Rs.35,993.

“It is a big change for the state as the income per person in 2004-5 was Rs.7,914,” Yadav told IANS.

The per capita income figures were published in Bihar Statistical Handbook, 2012, and Bihar Through Figures, 2011, released earlier this week. “Both the books contain statistical figures on various aspects of socio-economic growth in the state,” the minister added.

Yadav said that the state registered an economic growth rate of 21.9 percent during the 11th Five Year Plan (2007-12) and the rise in income level was a healthy sign for the state.

A few days ago, Bihar Deputy Chief Minister Sushil Kumar Modi said the state government aimed to achieve over 13 percent economic growth during the 12th Five Year Plan period (2012-17).

According to a recent Planning Commission report on the economic performance of all states, only Sikkim and Goa, which are much smaller than Bihar, performed better on the economic front in 2011-12.