Patna: The economy of Bihar grew at an
annual rate of 11.36 per cent from 2004-05 to 2010-11 showing
a revival of a stagnant economy of the state, Deputy Chief
Minister S K Modi said on Wednesday.
The growth rate of the state economy in 2010-11 was
14.8 per cent comparing to that in 2009-10, Modi, who holds
the finance portfolio, told reporters after tabling the
economic survey for 2011-12 in the state assembly.
"This was possible owing to substantial increase in
public investment," he said.
Modi said the average productivity during 2007-10 of
three important cereals was 1353 kg per hectare for rice, 2208
kg per hectare for wheat and 2629 kg per hectare for maize.
In the last kharif season, a farmer in Nalanda district
created a world record by achieving a productivity level of
22.4 tonne per hectare for rice, he said.
PTI
First Published: Wednesday, February 22, 2012, 16:20