ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Unravelling Bihar's 'Growth Miracle'

It has now become almost conventional wisdom that Bihar under the National Democratic Alliance government has moved onto a new and higher growth path. An examination of the Central Statistical Organisation data for the decade since 1999-2000, however, reveals a cyclical move towards a higher growth continuum rather than any structural break under the nda government. The recent growth path represents the resumption of a long, fluctuating and volatile movement towards a trade-led higher growth continuum that had started in 1994-95 but was interrupted by the impact of bifurcation of Bihar in 2001. A preliminary proposition is that the process of movement to a higher growth continuum since 1994-95 in Bihar follows from the diversified patterns of accumulation through the agency of new entrants to accumulation as an outcome of the social justice movement in Bihar. The evidence presented here belies the propositions around a "growth miracle" under the nda government and indicates a politically fractious movement of Bihar's economy since bifurcation to a volatile higher growth continuum that is lopsided in three dimensions - regional, sectoral and social.



Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

649for India

$20for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top