Wednesday, July 18, 2012

Bihar has surpassed other states to register the highest growth rate of 17.16% in agriculture in the financial year 2011-12. The state produced 166 lakh metric tonne (MT) of foodgrain, the highest in the country.



http://www.facenfacts.com/daily_img/23890_S_Problem-foodgrain-plenty-Punjab.jpg             

PATNA: Never in the past, since Independence, had Bihar produced so much of foodgrain, said deputy chief minister Sushil Kumar Modi. He said it could be possible because of better communication network in rural areas and the government's emphasis on agriculture with an agriculture road map besides setting up an agriculture cabinet in the state.
Modi said the state is to invest Rs 1.50 lakh crore in agriculture sector alone during the next five years.
He said the rice production in the state increased 2.5 times in 2011-12 compared to the previous financial year. Whereas 31.02 lakh MT rice was produced in 2010-11, the production went up to 83.05 lakh MT in 2011-12. While 103.17 lakh MT foodgrain was produced in 2010-11, the figure went up to 166.69 MT in 2011-12, much ahead of many developed states of the country.

Again, as per the latest data, the state's overall growth rate has also increased to register 16.71% in 2011-12, Modi said, adding that the overall growth rate varies at times. It is calculated in different stages. First, the growth rate is projected before the commencement of a financial year. It is calculated again in February, which is called advance stage. Again, after June, a 'quick' estimate is made and after one-and-a-half-year, the final calculation is made, he explained.

The average growth rate of development in the state between 1980-81 and 1990-91 was 4.9% and there was zero growth rate between 1991-92 and 1995-96, he said, adding that the state registered 3.8% growth rate between 1994-95 and 2001-02. Now the situation is quite different, Modi said. The average total growth rate during the last five years stood at 11% and the government has a target to achieve an average growth rate of 13% in the next five years, he added.

Despite such an encouraging figure, Bihar still lags behind other states in per capita income which was Rs 15,417 in 2011-12. It is expected that with such a growth in agriculture sector, the financial condition of rural people would improve and the per capita income would also increase.






source : TOI

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