Bihar’s Economic Growth Achievements: Survey 2024-25 Analysis

The Bihar Economic Survey 2024-25 was presented in the state assembly on 28th February 2025 by the Finance Minister. The report highlights Bihar’s remarkable achievements in several sectors, reinforcing its position as one of India’s fastest-growing states.

Bihar’s Major Achievements: A Quick Overview

Bihar’s economy is growing fast! It has achieved some impressive ranks and hit important milestones in different areas.

1. Bihar is the second fastest-growing state in India in terms of economic growth.

2. The Gross State Domestic Product (GSDP) of Bihar grew by 14.5% at current prices and 9.2% at constant prices, making it one of the most rapidly expanding state economies in the country.

3. Bihar has the third highest road density in India, with 3,167 km of roads per 1,000 square kilometers.

4. The state has witnessed rapid development in transport and communication, recording a 7.6% growth between 2011 and 2024, which is the third highest growth rate in India, after Uttar Pradesh (10.1%) and Karnataka (7.7%).

5. Bihar has significantly improved its industrial investment, with micro-enterprise investments growing by 135% and a corresponding 107% rise in employment opportunities.

6. The large-scale industrial sector has witnessed a 131% increase in investment, leading to a 187% growth in employment generation.

7. Bihar’s mining sector has recorded a 9% growth.

8. The state has made major progress in women empowerment, with over 1.06 million Self-Help Groups (SHGs) formed and overall ₹46,900 crore provided to 2.19 million SHGs.

9. Bihar’s per capita electricity consumption has increased from 134 kilowatt-hours (2012-13) to 363 kilowatt-hours (2023-24).

10. Bihar’s education spending increased 10 times and healthcare spending increased 13 times in the past 18 years.

11. The school dropout rate in government secondary schools has declined by 62.25% in the last five years.

12. Bihar’s forest cover increased by 687 sq km in 12 years.

13. The per capita income in Bihar has increased to ₹66,828 at current prices and ₹36,333 at constant prices.

Conclusion: Bihar’s Path Towards Progress

The Bihar Economic Survey 2024-25 highlights strong economic growth, fiscal discipline, improved infrastructure, and social advancements. The state’s continued focus on industry, agriculture, women empowerment, education, and healthcare ensures a brighter future for Bihar’s residents.

Thank you for reading this analysis of Bihar’s Economic Survey. We hope you have a better understanding of the state’s current economic situation. Stay tuned for more updates.