Bihar economy growing under Nitish Kumar: Modi

Last Updated: Wednesday, February 22, 2012 - 16:20

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

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