Bihar's GSDP grows 13.1% in '24-25, outpacing national rate, says Minister
PATNA, Sept. 13 -- Bihar's Gross State Domestic Product (GSDP) at current prices grew by 13.1% in 2024-25, while growth at constant prices stood at 8.6%, state parliamentary affairs minister Vijay Kumar Choudhary said on Friday, citing data released by the ministry of statistics and programme implementation (MoSPI).
Choudhary said the state's per capita GSDP for 2024-25 is estimated at Rs.76,490 at current prices and Rs.40,973 at constant prices. The per capita GSDP registered growth rates of 11.5% and 7.1%, respectively, at current and constant prices.
Choudhary noted that Bihar's nominal GSDP growth of 13.1% exceeded the national nominal GDP growth rate of 9.8%.
He also highlighted a significant shift in the state's economic structure, stating that, for the first time, the industrial sector has overtaken agriculture in terms of economic contribution-a key indicator of structural transformation.
Choudhary, who previously served as the state's finance minister, attributed this shift to a surge in private investment, supportive policies under the Nitish Kumar-led NDA government, and ongoing institutional reforms.
"As a result, the industrial sector is now growing faster than both agriculture and services. This is a positive trend for Bihar, as it will generate more employment within the state and help curb outmigration in the coming years," he said.
Economist Sudhanshu Kumar emphasised the importance of sustaining Bihar's current growth momentum over the long term to enable the state's economic convergence with the rest of the country.
He highlighted the strong performance of the secondary sector, which recorded substantial growth at current prices-driven by a 22.3% surge in construction activities and a 16.3% increase in electricity, gas, water supply, and other utility services.
However, he noted that manufacturing growth remained modest at 3.9%, though it is expected to accelerate with rising public and private investment. Kumar also pointed to a broader structural shift toward industrialisation, supported by the robust expansion of the services sector and increasing diversification within agriculture-indicators of a qualitative transformation in Bihar's economic landscape....
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