Bihar’s Growth Story : The Road Ahead
For many, the news of Bihar’s remarkable turnaround growth of 11.3%, second highest in the country has come as a big surprise. Surprising as it may sound, it was expected growth for those who have been following the plethora of slow but steady fundamental changes which Bihar economy has been undergoing over the past few […]
Economic Reforms in Bihar
Bihar government’s initiative toward economic reforms seems to have borne fruits, with the state achieving a turnaround in its fiscal position in 2006-07, the Comptroller and Auditor General has said. In its report for the year ended March 31 last year, tabled by deputy chief minister-cum-finance minister Sushil Kumar Modi in the state assembly today, […]
Bihar on fast track growth
The World Bank has some encouraging views on the development initiatives in Bihar. World Bank has decided to give 8.77 billion rupees or 225 million U.S. dollars of its development policy loan to Bihar. It’s encouraging to read the positive growth plan which the bank recently published in its report. The report highlights how Bihar’s […]
Bihar’s new Brand Ambassador
What appeared to be a herculean task few years back is now translating into reality on ground. Bihar’s effort to revive its glory and pride is on fast track with all around development in the areas of education, scientific development ,industrial growth, private and public sector investment. The Planning Commission recently approved a plan outlay […]
Bihar on accelerated growth track
In the last few years Bihar has seen drastic improvement in the areas fiscal management and revenue collection.None other than the Reserve Bank of India (RBI) governor, Y. V. Reddy, lauded Bihar chief minister Nitish Kumar for “accelerating” the pace of development in Bihar and assured the banking sector’s special attention to it. “Finance minister […]
