The 6.57% growth rate registered in the agriculture and allied sectors has jacked up the overall gross domestic product (GDP) growth rate of the state to 10.2%, calculated on the basis of 2011-12 constant prices, during 2016-17 fiscal.
The state GDP growth rate during 2015-16 was slightly over 7%, with 4.33% in agriculture and allied sectors. The GDP growth rate calculated on current prices is 14.82% pertaining to 2016-17 fiscal.
“Pertaining to the 2016-17 fiscal, the GDP growth rate of Madhya Pradesh is highest in the country, followed by that of Andhra Pradesh and Bihar nearly equal. It is satisfying to have double digit GDP growth rate, again,” said Bihar chief secretary Anjani Kumar Singh on Friday. Planning and development department principal secretary Deepak Prasad accompanied him.
Earlier in the day, CM Nitish Kumar and deputy CM Sushil Kumar Modi reviewed the performance of the planning and development department headed by minister Rajiv Ranjan Singh alias Lallan Singh.
The chief secretary said the shares of the three different sectors in the state’s GDP in 2016-17 are 23% of the primary sector (agriculture and allied sectors), 17% of the secondary sector (industry), and 60% of the tertiary sector (services, trade, communication and tourism, among others).
He also said against the public investment target of Rs2.28 lakh crore set for the 12th Five-Year Plan (2012-17), the state managed to spend Rs2.21 lakh crore. “As much as 97% of the targeted sum was spent and utilized during the 12th Plan,” the chief secretary said, adding that 52% of the expenditure was on the growth and development of infrastructure and 45% on the social and health sectors.
Pertaining to the decision taken in the social welfare department, he said the CM would flag off 11 mobile therapy vans requisitioned to provide hearing apparatus, other aids and medical tests to physically challenged persons at their homes if they failed to reach the Buniyad centres established for them at the subdivisional headquarters. “As many as 22 centres have become functional. The remaining ones would also be opened,” he said.