Economy Of Bihar
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Economy Of Bihar
The economy of Bihar is one of the fastest-growing in India. It is largely service-based, with a significant share of agricultural and industrial sectors. The GDP of the state was ₹7,45,310 crores (US$94 billion) at the current market price (2022–23). The state also has a small industrial sector. As of 2021 agriculture accounts for 24%, industry 15% and service 61% of the economy of the state For the period 2002–2007, average growth rate of Manufacturing in the state was 0.38%, against the national average of 7.8%. Bihar has the lowest GDP per capita in India, but there are pockets of higher per capita income like the southern half of the state and its capital city, Patna, had per capita income greater than that of Bangalore or Hyderabad in 2008. The GSDP stands at 7.57026 lakh Crores Rupees ($104 billion nominal GDP) as per 2013–2014. In actual terms, as of 2012–2013, Bihar state GDP is ranked 8 out of 29 states. Corruption is an important hurdle for the government t ...
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Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Maurya ...
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The Hindu
''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the second most circulated English-language newspaper in India, after '' The Times of India''. , ''The Hindu'' is published from 21 locations across 11 states of India. ''The Hindu'' has been a family-owned newspaper since 1905, when it was purchased by S. Kasturi Ranga Iyengar from the original founders. It is now jointly owned by Iyengar's descendants, referred to as the "Kasturi family", who serve as the directors of the holding company. The current chairperson of the group is Malini Parthasarathy, a great-granddaughter of Iyengar. Except for a period of about two years, when S. Varadarajan held the editorship of the newspaper, the editorial positions of the paper were always held by members of the family or held under their direction. Histo ...
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Bokaro Steel City
Bokaro, officially known as Bokaro Steel City () is a planned city in Jharkhand, India. It is fourth largest and most populous city in the state. It is one of the planned cities of India. Bokaro is the administrative headquarters of Bokaro district. The city is located on the banks of Garga River and on the fringes of Bokaro river and is surrounded by hill ranges at Giridih and Ramgarh districts. It is one of the most peaceful cities in India. As per 2011 census, the city's population was 563,417 and 1,100,000 of its metropolitan area. The city span across 183 km in geographic area. Marafari is the oldest settlement in Bokaro which was just a village during the time of Mughals and Sultanates. The nearby cities of Purulia was ruled by Maharaja of Kashipur. Manbhum region also covered Bokaro which was ruled by Mughal and Sultanates. During British rule, Chas - a suburban area of Bokaro was notified. After independence, it became a part of Jharkhand state. Bokaro Steel City is t ...
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Mokama
Mokama is a town and a municipal council in barh of Patna district in the Indian state of Bihar. It is located east of Patna on the southern banks of the river Ganges. Mokama is the connecting town of north and south Bihar and has 2nd highest amount of lentil production in India. It emerged as an industrial area in State of Bihar after independence. Indian independence movement The place where the revolutionary freedom fighter Prafulla Chaki was martyred is marked by a shaheed gate. People commemorate the anniversary of his death every year. Lalldin Saheb is yet another well known freedom fighter from Mokama who contributed in freedom struggle and was sentenced to jail during British rule. He worked for the welfare of the people of Mokama throughout his life. Had major contribution in reopening the Bharat Wagon Engineering Company of Mokama that is source of income of thousands of families. Transport Mokama is connected to all the major cities of India by rail and road. Hat ...
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Bharat Wagon And Engineering
Bharat Wagon and Engineering Limited (BWEL) is a Public Sector Undertaking (PSU) of the Government of India and is a subsidiary of Bharat Bhari Udyog Nigam. The company was established on 4 December 1978 after taking over and merging two sick companies - Arthur Butler & Co and Britannia Engineering Company. At one time, BWEL was the largest rail wagon manufacturer in India. In fiscal 2006, the company enjoyed aggregated revenues of .Company Profile
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Headquartered in , the company has two manu ...
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Muzaffarpur
Muzaffarpur () is a city located in Muzaffarpur district in the Tirhut region of the Indian state of Bihar. It serves as the headquarters of the Tirhut division, the Muzaffarpur district and the Muzaffarpur Railway District. It is the fourth most populpus city in Bihar. Muzaffarpur is famous for Shahi lychees and is known as the Lychee Kingdom. Shahi litchi is set to become the fourth product from Bihar, after jardalu mango, katarni rice and Magahi paan (betel leaf) to get the Geographical Indication (GI) tag. It is situated on the banks of the perennial Burhi Gandak River, Budhi Gandak River, which flows from the Someshwar Hills of the Himalayas. Etymology The current city was established in 1875 during the British Raj for administrative convenience, by dividing the Tirhut district and was named after an ''Glossary of the British Raj, aumil'', Muzaffar Khan; thus the city came to be known as ''Muzaffarpur''. History The city was founded by Muẓaffar Khan in the 18th centur ...
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Fatuha
Fatuha also spelled Fatwah or Fatwa, is a Satellite town in proposed Patna Metropolitan Region, in the Patna district in the Indian state of Bihar. Fatuha lies 24 km east of Patna the capital of Bihar. Fatuha is an important industrial centre known for small industries and its handloom industries. The city's name is said to come from its status as a center of textile manufacturing. Education Fatuha also serves as an educational centre . Fatuha high school is a very important educational centre for students who can't go to capital city patna for secondary and higher secondary studies. The high school, fatuha is known for its academics because it has enrolled more than 5000 students who appear in matric and inter examination. The high school, Fatuha was established in 1932. History & Culture Fatuha is situated at the confluence of the Ganges and Punpun Rivers. The area is known as Triveni since the river Gandak is believe ...
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Motor Scooter
A scooter (motor scooter) is a motorcycle with an underbone or step-through frame, a seat, and a platform for the rider's feet, emphasizing comfort and fuel economy. Elements of scooter design were present in some of the earliest motorcycles, and motor scooters have been made since at least 1914. The global popularity of motor scooters dates from the post-World War II introductions of the Vespa and Lambretta models in Italy. These scooters were intended to provide economical personal transportation (engines from ). The original layout is still widely used in this application. Maxi-scooters, with larger engines from have been developed for Western markets. Scooters are popular for personal transportation partly due to being more affordable, easier to operate, and more convenient to park and store than a car. Licensing requirements for scooters are easier and cheaper than for cars in most parts of the world, and insurance is usually cheaper. The term motor scooter is sometime ...
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Barauni Thermal Power Station
NTPC, Barauni Or Barauni Thermal Power Station is an existing 720 megawatt coal-fired power station earlier owned by Bihar State Electricity Board (BSEB)and currently by NTPC Limited. The power station is located at Barauni in Begusarai district, Bihar, India. Barauni thermal power station in Bihar came into existence in association with the Russian collaboration and came into operation in the year 1962. Bihar Government was mulling over the idea to hand over Barauni Thermal Power Station to NTPC Limited. On 17 April 2018, Bihar state cabinet, headed by chief minister Nitish Kumar, gave its nod to handing over of Barauni Thermal Power Station to National Thermal Power Corporation. On 15 May 2018, Bihar Government signed a memorandum of understanding (MoU) to hand over the thermal plant to National Thermal Power Corporation for a 33- years lease. East Central Railway will provide uninterrupted supply of coal to thermal power station. NTPC completed the acquisition of 720 MW Bara ...
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Barauni Fertiliser Plant
Urvarak Nagar Barauni is an Fertilizer plant and township in Barauni, District Begusarai in the Indian state of Bihar. Barauni Fertiliser Plant of Hindustan Fertilizers Corporation Limited (HFCL) is located here in 480 acres. Barauni Fertiliser Plant In January 1961, Fertilizer Corporation of India Ltd. (FCI) was created out of the merger of Sindri Fertilizers and Chemicals Ltd. and Hindustan Fertilizer and Chemicals Ltd. Between 1961 and 1977, FCI created seventeen fertilizer units. Seven started operating while the remaining ten were at various stages of implementation. In 1978 the Government of India set up a committee to reorganize its fertilizer industry. Per the committee's recommendation, the government approved the split of FCI and National Fertilizers Ltd. (NFL), into five separate entities. The newly formed Hindustan Fertilizer Corporation Ltd (HFC) took charge of the Namrup, Haldia, Barauni and Durgapur, while FCI were assigned the Sindri, Gorakhpur, Ramagundam, Tal ...
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Barauni
Barauni is an Industrial City situated on the bank of the river Ganges in Begusarai district in the state of Bihar, India. Transport Railways Barauni Junction is one of the important stations in Bihar and has strategic location. It is a junction and is connected to India's main cities of New Delhi, Kolkata, Mumbai and Chennai via broad gauge routes. Barauni has three railway stations – * Barauni Junction - where trains from Patna side enter and reverse to proceed towards North East (exception is for trains coming from Samastipur and Hajipur side where reversal is not needed), * New Barauni Junction - at some distance in order to avoid reversal at the former. it is a bypass station of Barauni Junction which is directly connected to Patna and Katihar side. * Barauni Flag - A small station on Barauni–Gorakhpur, Raxaul and Jainagar lines. Roads starts from Barauni and leads to Lucknow via Muzaffarpur. passes through the town and leads to Purnia and Guwahati in Ea ...
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Oil Refinery
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemicals feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation colu ...
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