Bihar, also known as Land of Nirvana is located in the eastern part of India. The capital of Bihar is Patna which is situated on the banks of the holy river Ganga. The state is surrounded by Nepal in the north, West Bengal in the east, Uttar Pradesh in the west and Jharkhand in the south and has a geographical area of 94,163 sq. km. Bihar’s antiquity is evident from its name, which is derived from the ancient word “VIHARA” (monastery). The state has a rich cultural heritage as it is associated with pilgrimages and historical monuments related to religious gurus such as the Buddha, Mahavir and Guru Gobind Singh. Tourism in the state revolves around Buddhism (Bodhgaya, Rajgir, Nalanda), Jainism (Bisram, Mandar hill, Champanagar) and Sufism. Monuments of historical and religious significance present tremendous potential for attracting both domestic and foreign tourists. The state enjoys a unique location specific advantage because of its proximity to the vast markets of eastern and northern India, access to ports such as Kolkata and Haldia and to raw material sources and mineral reserves from the neighboring states. The state has a large base of cost effective industrial labour, making it an ideal destination for a wide range of industries. The economy of Bihar is mainly based on agricultural and trading activities. The soil of Bihar is extremely fertile which makes it ideal for agriculture. Bihar is the first largest producer of vegetables and second largest producer of fruits in the country. Bihar is the largest producer of honey in the country.The major agro based industries of Bihar is of rice, sugar, edible oil. The textile industries are at Bhagalpur, Gaya, Nalanda, Darbhanga, Madhubani, Siwan and Patna. Bihar has a full-fledged network of state roadways and national highways. There are 29 national highways covering 4538.79 km and a number of state highways with total length of 3,989 km and 3612.02 kms of rail network. The share of this state in national level GDP from industrial sector is approximately 20% in total. Cottage industries and agro-based industries dominate in the industrial sector of Bihar.
Economy of Bihar:
The economy of Bihar is projected to grow at a compound annual growth rate (CAGR) of 13.4% during 2012-2017 i.e. the 12th Five-Year Plan. Bihar has witnessed strong growth in per capita net state domestic product (NSDP). At current prices, per capita NSDP of the state grew at a CAGR of 12.3 per cent during 2004-05 to 2015-16. Bihar has high agricultural production making it one of the strongest sectors of the state. About 80 per cent of the state’s population is employed in agriculture, which is much higher as compared to India’s average. The state has a large base of cost-effective industrial labor, making it an ideal destination for a wide range of industries. The share of primary sector in Bihar is 20.5 percent. Simultaneously, the share of secondary sector and that of tertiary sector is 18.4 percent and 61.2 percent respectively as of 2014-15.
Bihar Industrial Incentive Policy 2016 has been launched by Bihar Government to attract domestic and foreign investment as well as revival and expansion of business operations of the existing industrial units by providing the right industrial ambience. The State Government has taken a series of measures to further improve the investment climate in the state.
Bihar has been a major centre of learning and home to the universities of Nalanda (one of the earliest universities of India dating back to the fifth century) and Vikramashila. State government administers state schools in Bihar. There is system of District Schools also called Zilla Schools in the State. State schools are affiliated with Bihar School Examination Board as well as good number of schools affiliated with Central Board of Secondary Education (CBSE) and Council for Indian School Certificate Examination (CICSE). For providing higher education Bihar has many universities and colleges like Patna University, National Institute of Technology, Indira Gandhi Institute of Medical Sciences and many others. The literacy rate of the state was recorded as 61.8 per cent. Male literacy rate in the state is 71.2 per cent and female literacy rate is 51.5 per cent. Gross enrolment ratio at the primary and middle-school level has been 94.56 during 2014-15.
The health centres under various categories had reached 11,612 in the state as of 2014-15, of which 533 are primary health centres, 1,350 are additional primary health centres and 9,729 are sub centres. There were 36 district hospitals, 70 referral hospitals and 55 sub-divisional hospitals in the state. Government initiatives in the health sector include increase in sanctioned manpower in departments such as medical, public health and family welfare, higher level of personnel appointments and training, involve private sector in support services related to cleaning, pathology and radiology as well as free drug distribution and indoor treatment.
Power supply is crucial for the progress of Bihar. The per capita power consumption in the state is 144 kwh. In 2013-14 and 2014-15, the power deficit was brought down, but it is still as high as 22% and 19% cent respectively. The power availability during the peak period was 2,335 MW in 2013-14, which increased to 2,829 MW in September 2014. In 2013-14, own generation as percentage of peak demand was 3.1%.
- Food and Beverages
- Rubber and Plastics
- Transport equipment
|AGRICULTURE / FOOD PROCESSING|
|Cereal Processing||One of the largest producer of maize|
|Vegetable Processing||Largest Producer of Okra, One of the Largest producer of Cabbage,Potato,Brinjal,Cauliflower and Onion|
|Fruit Processing||Mango,Guava,Litchi and Banana|
|Makhana Processing||90% production of Gorgon nut in the Country produced in Bihar|
|Honey Processing||Largest Producer of Honey accounting for almost half of the country’s total production of 8400 mt|
|OTHER SECTORS WITH OPPURTUNITIES|
Incentives in bihar
|Registration / Stamp Duty Concession|
|Exemption from AMC / Minimum Base Energy Charge / Demand Charge|
|Subsidy on Capital Investment|
|Benefit on Entry Tax|
|Reimbursement of VAT|
|Facilities to the Units on Expansion / Modernization|
|Special Incentives for Innovative Projects|
|Price Preference for Public Sector and State Suppliers|
|Single Window Clearance System|
|Incentives related to Statutory Regulations|
|Project Report Incentive|
|Incentives on Land and Shed|
|Financial Assistance on Technical Knowhow|
|Incentive on Quality Control|
Bihar state office activities:
ICC is operational in Bihar since 2011. Bihar State Office is continuously working in close cooperation with the Bihar Government and different Corporate Companies for rapid socio-economic development of the State in diversified fields ,most important being Industries, Agriculture, Tourism, Education, Transport ,IT and Skill Development.
This Department is headed by Balkrishna Singh