Friends
in Bihar will be shocked to discover Bihar is so Pathetically Backward
that for 10% population it gets not even 1% of Bank Credit. When gross
credit in India is Rs. 3785506 crores Credit to Bihar is Rs. 29853 crores – or 0.78% of India .
Patna
born Yashwant Sinha, 74yrs takes pride in creating Mischief in the Lok
Sabha when any destabilization is damaging severely India internally and
externally – poor suffer the most. Even when they appear to be silent
their agents Ramdev and Anna team is active – not in any BJP state but
in UPA ruled Delhi .
Here
in the following you can see the real evidence of robust economic
performance of Indian economy – credit growth under first two years of
present term of UPA was 43.4%.
Price
rise is due to Stagnant Food production in BJP ruled states including
Bihar in ten years even as population has increased by 20% roughly and
in just two years Bank Credit growth is 43.4% and income of people
doubled.
It
is the failure of BJP ruled states, giving priority to non food
production that has increased food prices and food inflation, in
particular Gujarat, Bihar , Jharkhand, MP, to benefit from the
opportunities.
2 Yrs Robust Economic Performance 43.4% Growth Bank Credit
Statement 1: Deployment of Gross Bank Credit by Major Sectors
Amount in Rs. Crores.
|
Sr.No
|
Sector
|
Jun 19, 2009
|
Jun 17, 2011
|
|
I
|
Gross Bank Credit (II + III)
|
2639595
|
3785506
|
|
II
|
Food Credit
|
59506
|
76579
|
|
III
|
Non-food Credit (1 to 4)
|
2580088
|
3708927
|
|
1
|
Agriculture & Allied Activities
|
330513
|
453812
|
|
2
|
Industry (Micro & Small, Medium and Large )
|
1058085
|
1667577
|
|
2.1
|
Micro & Small
|
178884
|
233383
|
|
2.2
|
Medium
|
126934
|
187105
|
|
2.3
|
Large
|
752267
|
1247090
|
|
3
|
Services
|
635097
|
892281
|
|
3.1
|
Transport Operators
|
38554
|
58254
|
|
3.2
|
Computer Software
|
9656
|
14897
|
|
3.3
|
Tourism, Hotels & Restaurants
|
13669
|
29316
|
|
3.4
|
Shipping
|
9914
|
9619
|
|
3.5
|
Professional Services
|
44425
|
58244
|
|
3.6
|
Trade
|
142888
|
185142
|
|
3.6.1
|
Wholesale Trade (ex. food procurement)
|
68363
|
101837
|
|
3.6.2
|
Retail Trade
|
74525
|
83304
|
|
3.7
|
Commercial Real Estate
|
96380
|
113376
|
|
3.8
|
NBFCs
|
93739
|
169321
|
|
3.11
|
Other Services
|
185872
|
254114
|
|
4
|
Personal Loans
|
556393
|
695257
|
|
4.1
|
Consumer Durables
|
7783
|
10182
|
|
4.2
|
Housing (Including Priority Sector Housing)
|
279591
|
358828
|
|
4.3
|
Advances against FDs
|
46703
|
61113
|
|
4.4
|
Adv. Individuals against share, bonds, etc.
|
2317
|
3473
|
|
4.5
|
Credit Card Outstanding
|
26383
|
18134
|
|
4.6
|
Education
|
29452
|
44489
|
|
4.7
|
Vehicle Loans
|
60370
|
82330
|
|
4.8
|
Other Personal Loans
|
103794
|
116708
|
|
5
|
Priority Sector
|
918835
|
1247741
|
|
5.1
|
Agriculture & Allied Activities
|
330513
|
453812
|
|
5.2
|
Micro & Small Enterprises
|
317995
|
457547
|
|
5.2(a)
|
Manufacturing
|
178884
|
233383
|
|
5.2(b)
|
Services
|
139111
|
224165
|
|
5.3
|
Housing
|
199212
|
238400
|
|
5.4
|
Micro-Credit
|
16942
|
27137
|
|
5.5
|
Education Loans
|
29075
|
43600
|
|
5.6
|
State-Sponsored Orgs. for SC/ST
|
2409
|
1644
|
|
5.7
|
Weaker Sections
|
136921
|
203336
|
|
5.8
|
Export Credit
|
20736
|
33442
|
Statement 2: Industry-wise Deployment of Gross Bank Credit
|
Sr.No
|
Industry
|
Jun 19, 2009
|
Jun 17, 2011
|
|
2.1
|
Mining & Quarrying (incl. Coal)
|
14321
|
26890
|
|
2.2
|
Food Processing
|
54686
|
86482
|
|
2.2.1
|
Sugar
|
16696
|
26713
|
|
2.2.2
|
Edible Oils & Vanaspati
|
7652
|
13547
|
|
2.2.3
|
Tea
|
2112
|
2189
|
|
2.2.4
|
Others
|
28226
|
44033
|
|
2.3
|
Beverage & Tobacco
|
9215
|
12194
|
|
2.4
|
Textiles
|
103600
|
146145
|
|
2.4.1
|
Cotton Textiles
|
51748
|
75416
|
|
2.4.2
|
Jute Textiles
|
1442
|
1735
|
|
2.4.3
|
Man-Made Textiles
|
7678
|
7894
|
|
2.4.4
|
Other Textiles
|
42732
|
61101
|
|
2.5
|
Leather & Leather Products
|
5989
|
7306
|
|
2.6
|
Wood & Wood Products
|
4158
|
5781
|
|
2.7
|
Paper & Paper Products
|
15744
|
21508
|
|
2.8
|
Petroleum, Coal Products & Nuclear Fuels
|
57614
|
64202
|
|
2.9
|
Chemicals & Chemical Products
|
70506
|
92287
|
|
2.9.1
|
Fertiliser
|
13427
|
8085
|
|
2.9.2
|
Drugs & Pharmaceuticals
|
28401
|
40951
|
|
2.9.3
|
Petro Chemicals
|
7658
|
13269
|
|
2.9.4
|
Others
|
21020
|
29982
|
|
2.10
|
Rubber, Plastic & their Products
|
13458
|
22686
|
|
2.11
|
Glass & Glassware
|
4172
|
5512
|
|
2.12
|
Cement & Cement Products
|
20462
|
30802
|
|
2.13
|
Basic Metal & Metal Product
|
132749
|
214921
|
|
2.13.1
|
Iron & Steel
|
102976
|
165358
|
|
2.13.2
|
Other Metal & Metal Product
|
29773
|
49563
|
|
2.14
|
All Engineering
|
66304
|
95824
|
|
2.14.1
|
Electronics
|
18581
|
27147
|
|
2.14.2
|
Others
|
47723
|
68677
|
|
2.15
|
Vehicles, Vehicle Parts & Transport Equipment
|
32988
|
46420
|
|
2.16
|
Gems & Jewellery
|
28639
|
41559
|
|
2.17
|
Construction
|
37544
|
50668
|
|
2.18
|
Infrastructure
|
283173
|
552682
|
|
2.18.1
|
Power
|
136863
|
292342
|
|
2.18.2
|
Telecommunications
|
46980
|
94319
|
|
2.18.3
|
Roads
|
52756
|
99038
|
|
2.18.4
|
Other Infrastructure
|
46574
|
66983
|
|
2.19
|
Other Industries
|
102763
|
143706
|
|
2
|
Industries
|
1058085
|
1667575
|
BIHAR JUST 1% of ALL INDIA BANK CREDITS
|
I.
|
AGRICULTURE
|
10272.72
|
|
|
1. Direct Finance
|
8648.48
|
|
|
2. Indirect Finance
|
1624.24
|
|
II.
|
INDUSTRY
|
3390.14
|
|
|
1. Mining & Quarrying
|
59.00
|
|
|
2. Food Manufacturing & Processing
|
717.97
|
|
|
(a) Rice Mills. Flour & Dal Mills
|
349.18
|
|
|
(b) Sugar
|
137.99
|
|
|
(c) Edible Oils & Vanaspati
|
54.01
|
|
|
(d) Tea Processing
|
3.27
|
|
|
(e) Processing of Fruits & Vegetables
|
16.88
|
|
|
(f) Others
|
156.63
|
|
|
3. Beverage & Tobacco
|
61.00
|
|
|
4. Textiles
|
102.09
|
|
|
(a) Cotton Textiles
|
33.91
|
|
|
(b) Jute & Other Natural Fibre Textiles
|
4.10
|
|
|
(c) Handloom Textiles & Khadi
|
28.02
|
|
|
(d) Other Textiles & Textile Products
|
36.06
|
|
|
5. Paper. Paper Products & Printing
|
65.50
|
|
|
6. Woods and Wood Products
|
17.93
|
|
|
7. Leather & Leather Products
|
14.61
|
|
|
8. Gems and Jewellery
|
10.01
|
|
|
9. Rubber & Plastic Products
|
53.51
|
|
|
10. Chemicals & Chemical Products
|
93.52
|
|
|
(a) Heavy Industrial Chemicals
|
16.72
|
|
|
(b) Fertilisers
|
1.53
|
|
|
(c) Drugs & Pharmaceuticals
|
10.89
|
|
|
(d) Non-Edible Oils
|
3.04
|
|
|
(e) Other Chemicals & Chemical Products
|
61.33
|
|
|
11. Petroleum. Coal Products & Nuclear Fuels
|
85.21
|
|
|
12. Manufacture of Cement & Cement Products
|
38.00
|
|
|
13. Basic Metals & Metal Products
|
392.66
|
|
|
(a) Iron & Steel
|
329.63
|
|
|
(b) Non-Ferrous Metals
|
5.51
|
|
|
(c) Metal Products
|
57.53
|
|
|
14. Engineering
|
135.34
|
|
|
(a) Heavy Engineering
|
19.62
|
|
|
(b) Light Engineering
|
88.13
|
|
|
(c) Electrical Machinery & Goods
|
21.32
|
|
|
(d) Electronic Machinery & Goods
|
6.27
|
|
|
15. Vehicles. Vehicle Parts & Transport Equipments
|
69.77
|
|
|
16. Other Industries
|
242.36
|
|
|
17. Electricity. Gas & Water
|
138.52
|
|
|
(a) Electricity Generation & Transmission
|
128.96
|
|
|
(b) Non-Conventional Energy
|
1.97
|
|
|
(c) Gas. Steam & Water Supply
|
7.59
|
|
|
18. Construction
|
1093.14
|
|
|
(a) Other than Infrastructure
|
158.03
|
|
|
(b) Infrastructure Construction
|
935.11
|
|
III.
|
TRANSPORT OPERATORS
|
437.18
|
|
IV.
|
PROFESSIONAL AND OTHER SERVICES
|
1375.56
|
|
|
1. Professional Services
|
334.50
|
|
|
2. Tourism. Hotel & Restaurants
|
67.79
|
|
|
3. Recreation services
|
22.04
|
|
|
4. IT and Telecommunications
|
30.84
|
|
|
5. Others
|
920.39
|
|
V.
|
PERSONAL LOANS
|
8374.31
|
|
|
1. Housing
|
2494.68
|
|
|
2. Consumer Durables
|
95.54
|
|
|
3. Vehicles
|
641.67
|
|
|
4. Education
|
940.97
|
|
|
5. Personal Credit Cards
|
101.11
|
|
|
6. Others
|
4100.35
|
|
VI.
|
TRADE
|
5015.12
|
|
|
1. Wholesale Trade
|
1277.12
|
|
|
2. Retail Trade
|
3738.00
|
|
VII.
|
FINANCE
|
67.43
|
|
VIII.
|
ALL OTHERS
|
920.50
|
|
|
TOTAL BANK CREDIT
|
29852.96
|
