Bihar 2nd fastest growing state, GDP grew by 11.03%

NEW DELHI / PATNA — Bihar is India’s new miracle economy. In the five-year period between 2004-05 and 2008-09, Bihar’s GDP has grown by a stunning 11.03%, way beyond the definition of 7% growth for a “miracle economy”.
In this period, Bihar – traditionally a laggard state that actually saw a 5.15% negative growth in 2003-04 – is the second fastest growing state, just a shade behind Gujarat’s well-publicized growth of 11.05%.

Among the 18 states and UTs of which data is available, Bihar recorded the highest State SGDP of 11.44% in 2008-09.