State Studies · Bihar
Economy of Bihar
Overview
The economy of Bihar has been among the fastest-growing state economies in India in recent years. During the financial year 2025–26, Bihar's gross state domestic product (GSDP) is projected to grow by around 10–12% at current prices. The economy of Bihar is largely based on services, though agriculture and industry also contribute substantially. At current prices, the state's GSDP was estimated at ₹1,309,155 crore (US$140 billion) for 2026–27. After forming a new state government in 2025, Nitish Kumar's cabinet has proposed a new initiative called the New Age Economy, which aims to promote economic development in the state.
Source: Wikipedia — Economy of Bihar (CC BY-SA)
Questions about Economy of Bihar
What is Economy of Bihar?
The economy of Bihar has been among the fastest-growing state economies in India in recent years. During the financial year 2025–26, Bihar's gross state domestic product (GSDP) is projected to grow by around 10–12% at current prices. The economy of Bihar is largely based on services, though agriculture and industry also contribute substantially.
Which exams cover Economy of Bihar?
Economy of Bihar is part of State Studies, which appears in the syllabus of BPSC, BSSC.