Approach paper to Bihar's 12th Five-Year Plan
Bihar approaches the 12th Plan with a sense of confidence and optimism. During the Eleventh Five Year Plan (2007-12), the economy of Bihar showed a steady growth trend. Growth is typically sustainable, if inter-linkages in the economy are such that growth in one sector pushes growth in the others. Growth in all sectors thus leads to safely predicting that the economy has 'taken off' to a sustainable growth trajectory. Such a growth process in Bihar has been made feasible with massive investments in physical infrastructure, strengthening of the social sector, particularly education and health; and by good governance - all leading to achievement of growth targets in all sectors of the economy. The government followed the path of rapid growth as a key strategy to achieve adequate buoyancy within the economy to ensure sufficient enhancement in income of all sections of the population to bring about general improvement in living conditions.