The success story of bihar

Monday, January 11, 2010

Nitish dedicates Biz Reformer Award to people of Bihar

Patna: Bihar Chief Minister Nitish Kumar on Monday dedicated the 'Business Reformer Award' conferred on him by the 'Economic Times' in Mumbai to the people of Bihar.

"Its not my personal achievement...The credit goes to the people of Bihar, my cabinet colleagues, the bureaucracy and all those who contributed in the forward march of the state," Kumar told reporters after holding his 'Janata darbar'.

Reminding Bihar had registered a negative 5.5 per cent growth rate during 2003-04 with the plan outlay a meagre Rs 2,500 crore, Kumar said "today we have managed to increase the plan outlay to Rs 16,000 crore by judicious investments and taking up infrastructure development work."

Recalling the moment of his getting the honour at yesterday's function, Kumar said "after receiving the award from Union Finance minister Pranab Mukherjee, I used the platform to invite the corporate honchos to invest in Bihar in a big way as there cannot be inclusive growth of the country unless the state catches with the rest."

I assured the top industrialists of total security and told them that their investments will be safe as the government has taken a number of policy decisions to provide tax concessions and other benefits to possible investors.

Kumar charged the Centre of not giving clearance to produce ethanol for sugar cane juice and not providing coal linkages to the thermal power thereby blocking investments worth over rupees several thousand crores.

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