Bihar Economic Survey 2019-2020
■ On 24 th February 2020, the Bihar Government presented its Economic Survey 2019-20 in the Legislative Assembly. This is the 14 th Economic Survey, the first survey was presented in 2006-07 .
Popular posts from this blog
Soils of Bihar
■ Bihar is primarily an agricultural state and almost all the economic activities are directly or indirectly dependent on soil. The soil covering most of Bihar is thick alluvium which shrouds the Siwalik and older tertiary rocks. The soil is mostly fresh loam replaced every year by intermittent deposition of silt, clay and sand by different rivers. It lacks phosphoric acid, nitrogen and humus but potash and lime are generally present in large amounts. There are three major types of soil in Bihar:
Agriculture and Allied Sectors of Bihar
■ Agriculture Sector Agriculture is the mainstay of economies such as Bihar, underpinning their food security, employment, and rural development. It supports the livelihoods of more than three-fourth of the population. Besides generating employment, it also provides raw material to industries, augments food supply and assists in poverty alleviation. • Contribution of Agriculture Sector to State’s GSVA stands around 20% in 2017-18. • During 2018-19, the share of the crop sector in total GSVA was 10.64% and it was the largest contributor to GSVA.