Sunday 19 June 2011

Bihar is Best Performing State, says RBI Study

NEW DELHI Contrary to popular belief, a Reserve Bank sponsored study today said Bihar (including Jharkhand) was the best performing state during 1980-2004, while Tamil Nadu lagged behind in terms of TFPG, a parameter that measures productivity of the organised manufacturing sector. Although Bihar did well in terms of TFPG (total factor productivity growth), it faltered on employment generation, the study on 'Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector', conducted by the Development Research Group (DRG), a research wing of the RBI said. “The inter-state performance of TFPG of organised manufacturing sector indicates that Bihar (including Jharkhand) is the best performing state while Tamil Nadu is the worst performing state,” it said. Jharkhand was carved out of Bihar in November 2000.

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