16/08/2016

Nitish rejects CSO data on growth rate

 

Patna,(BiharTimes): Chief minister Nitish Kumar on Monday  questioned Central Statistical Organisation (CSO) figures on the declining growth rate of Bihar.

Claiming that the state was marching ahead on the path of development Nitish  rejected the CSO’s data of 7.14 per cent GSDP in 2015-16 against 13.02 percent in 2014-15, a decline of 5.88 percentage point.

Delivering his speech at historic Gandhi Maidan on the occasion of 70th  Independence Day the chief minister said in 2005-6, the size of annual budget was Rs 22,600 crore which increased to Rs 1.44 lakh crore in current budget for 2016-17. The plan expenditure was Rs 4,300 crore in 2005-6 which increased to Rs 53,400 crore in 2015-16. Revenue collection which was Rs 3,500 crore in 2005-6 also rose sharply.

According to the chief minister the average growth rate of the state has been above 10 per cent at constant price in the last 10 years. His government has pursued inclusive growth strategy which cared for development of everybody unlike the approach pursued at the national level which has created island of development but left many others lagging behind.

 


comments powered by Disqus






traffic analytics