page_title: Economy of Bihar
hierarchical_section_title: Economy of Bihar
caption_attribution_description: English: Lychee (Litchi chinensis) Deutsch: Litschi (Litchi chinensis) 中文: 荔枝(學名 Litchi chinensis)是zh:中國南部出產的一種zh:亞熱帶zh:果樹。荔枝是華南的重要水果農作物，每年產量超過一百萬噸。
context_page_description: The economy of Bihar is largely service-oriented, but it also has a significant agricultural base. The state also has a small industrial sector. As of 2016, agriculture accounts for 23%, industry 17% and service 60% of the economy of the state For the period 2002–2007, average growth rate of Manufacturing in the state was 0.38%, against the national average of 7.8%. Bihar has the lowest GDP per capita in India, but there are pockets of higher per capita income like the southern half of the state and its capital city, Patna, had per capita income greater than that of Bangalore or Hyderabad in 2008.
  The GSDP stands at 368,337 Crores Rupees as per 2013–2014. In actual terms, as of 2012–2013, Bihar state GDP is ranked 8 out of 29 states. Corruption is an important hurdle for the government to overcome according to Transparency International India, which the government has also acknowledged. Since November 2005, a new government led by Nitish Kumar has implemented a number of economic and social reforms. A consequence has been a positive improvement in the economy of the state and also of Patna.
context_section_description: The economy of Bihar is largely service-oriented, but it also has a significant agricultural base. The state also has a small industrial sector. As of 2016, agriculture accounts for 23%, industry 17% and service 60% of the economy of the state For the period 2002–2007, average growth rate of Manufacturing in the state was 0.38%, against the national average of 7.8%. Bihar has the lowest GDP per capita in India, but there are pockets of higher per capita income like the southern half of the state and its capital city, Patna, had per capita income greater than that of Bangalore or Hyderabad in 2008.
   The GSDP stands at 368,337 Crores Rupees ($180 billion nominal GDP) as per 2013–2014. In actual terms, as of 2012–2013, Bihar state GDP is ranked 8 out of 29 states. Corruption is an important hurdle for the government to overcome according to Transparency International India, which the government has also acknowledged. Since November 2005, a new government led by Nitish Kumar has implemented a number of economic and social reforms. A consequence has been a positive improvement in the economy of the state and also of Patna. For example, in June 2009, the World Bank reported that Patna was the second best city in India to start a business, after Delhi. Between 1999 and 2008, state GDP grew by 5.1% a year, which was below the Indian average of 7.3%. However, in January 2010, the Indian government's Central Statistics Organisation reported that in the five-year period between 2004–2005 and 2008–09, Bihar's GDP grew by 11.03%, which made Bihar the second fastest growing economy in India during that 5-year period, just behind Gujarat's growth of 11.05%. Another survey conducted by Central Statistical Organisation (CSO) and National Sample Survey Organisation, under MOSPI, said that Bihar saw 14.80 percent growth in factory output in 2007–08, which was slightly less than the Indian rate of 15.24 percent.
caption: Bihar accounts for 71 percent of India's annual litchi production.[5]
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