Bihar’s economy is predominantly agriculture-based. The state has a large population of farmers and agricultural workers, and agriculture accounts for a significant share of the state’s GDP. However, the state’s economy is also growing in other sectors, such as industry and services.
Agriculture is the primary source of livelihood for more than 70% of the population of Bihar. The state has a large area of cultivable land, and its main crops are rice, wheat, maize, and sugarcane. The state also has a significant livestock population, and dairy products are an important source of income for many farmers.
The state’s industrial sector is relatively small, but it is growing rapidly. The main industries in Bihar are textiles, food processing, and pharmaceuticals. The state also has a number of small-scale industries, such as metalworking, carpentry, and pottery.
The service sector is the fastest-growing sector of the Bihar economy. The main services in the state are education, healthcare, and tourism. The state also has a number of call centers and IT companies.
The state government is working to improve the infrastructure in Bihar and to attract more investment to the state. The government is also working to improve the education and healthcare systems in the state. These efforts are expected to help the state’s economy to grow further in the future.
Here is a brief explanation of each option:
- Agriculture-based: Agriculture is the primary source of livelihood for more than 70% of the population of Bihar. The state has a large area of cultivable land, and its main crops are rice, wheat, maize, and sugarcane. The state also has a significant livestock population, and dairy products are an important source of income for many farmers.
- Industry-based: The state’s industrial sector is relatively small, but it is growing rapidly. The main industries in Bihar are textiles, food processing, and pharmaceuticals. The state also has a number of small-scale industries, such as metalworking, carpentry, and pottery.
- Service-based: The service sector is the fastest-growing sector of the Bihar economy. The main services in the state are education, healthcare, and tourism. The state also has a number of call centers and IT companies.
- Mining-based: Bihar is not a major mining state. The state has some coal deposits, but they are not exploited on a large scale.