Choose the incorrect statement as per the Economic Survey of Bihar, 20...
- According to the Economic Survey, Bihar's Gross State Domestic Product (GSDP) grew by 2.5 percent in 2020-21 and the growth rate is better than the national average, despite the effect of the 'lockdown' imposed to prevent the Covid-19 epidemic.
- According to the survey, the per capita income in Bihar stood at Rs 50,555 during 2020-21 at the current market price as compared to the per capita income of India at Rs 86,659.
- During the last five years 2016-17 to 2020-21, Bihar grew at the highest rate of 2.3 per cent in primary sector, 4.8 per cent in secondary sector and 8.5 per cent in tertiary sector.
- Agriculture and allied sectors have grown at the rate of 2.1 percent in the state during the last five years 2016-17 to 2020-21.
- The total expenditure of the state government in 2020-21 increased by 13.4 percent over the previous year to Rs 1,65,696 crore, which includes Rs 26,203 crore as capital expenditure and Rs 1,39,493 crore as revenue expenditure.
- Agriculture and allied sectors have grown at the rate of 2.1 per cent during the last five years. The growth rate of livestock and fisheries was 10 percent and 7 percent respectively.
- The urbanization of the state has increased very rapidly in the last ten years. According to the 2011 census, the level of urbanization in Bihar was just 11.3 percent, which has increased to 15.3 percent at present.
- In the year 2011, Bihar had only 3.1 percent of the total urban population of the country. The state government has expressed hope that the level of urbanization in Bihar will be very high in the next decade in view of the urban economy growing at a high rate.
- Like the economic disparity among the districts of Bihar, the survey has also pointed out a great disparity in urbanization. Patna district has the highest level of urbanization (44.3 percent), apart from this, only two districts- Munger (28.3 percent) and Nalanda (26.2 percent) have more than 25 percent urbanization.
Choose the incorrect statement as per the Economic Survey of Bihar, 20...
Incorrect Statement in the Economic Survey of Bihar, 2021-22:
Primary Sector Growth:
- The incorrect statement in the Economic Survey of Bihar, 2021-22 is option c) "The primary sector in Bihar had grown at 2.8 per cent."
- The correct growth rate for the primary sector in Bihar is 2.3 per cent, not 2.8 per cent as mentioned in the statement.
- The primary sector includes agriculture, forestry, fishing, mining, and other related activities.
- The growth rate of the primary sector is crucial for Bihar as agriculture is a significant contributor to the state's economy.
Secondary Sector Growth:
- The secondary sector in Bihar had actually grown at 4.8 per cent according to the Economic Survey of Bihar, 2021-22.
- The secondary sector comprises manufacturing industries, construction, and utilities.
- A growth rate of 4.8 per cent indicates positive economic development in the industrial sector of Bihar.
Tertiary Sector Growth:
- The tertiary sector in Bihar had grown at the highest rate of 8.5 per cent as per the Economic Survey of Bihar, 2021-22.
- The tertiary sector includes services such as retail, education, healthcare, banking, and tourism.
- A growth rate of 8.5 per cent reflects the expansion of services and the increasing importance of the service sector in Bihar's economy.
Therefore, the incorrect statement is option c) "The primary sector in Bihar had grown at 2.8 per cent," as the actual growth rate for the primary sector in Bihar was 2.3 per cent.
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