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Bihar is country’s fastest growing state at 13.1%

Bihar is country’s fastest growing state at 13.1%

NEW DELHI: Bihar, which was synonymous with poverty, has emerged as the fastest growing state for the second year running, clocking a scorching 13.1% growth in 2011-12. Not just that, on the back of four years of double-digit growth, its economy is now bigger than that of Punjab—until recently the preferred destination of Bihari migrant workers.
India’s economy – A Bric hits the wall

India’s economy – A Bric hits the wall

May 31st 2012, 13:03 by P.F. | PUNE 

INDIA’S economy has had some bad economic ideas inflicted on it over the past century, from imperial neglect to the cult of the village and big-ticket socialism. Maybe the concept of BRICs—a handful of emerging economies including India that were destined for fast growth—should be added to the list. It led to a bubble of complacency that is now being popped rather brutally. Growth in India was 5.3% in the three months to March—worse than the 6% expected, below the prior quarter and way below the close-to-double digit rates that were meant to be preordained and propel India to economic super-power status.

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Bihar boasts of 14.8% growth in 2010-11

Bihar boasts of 14.8% growth in 2010-11

PATNA: Bihar accelerated its growth rate to 14.8% in 2010-11 but still continued to be at the bottom of the pecking order in terms of per capita income in the country.

This was the highlight of the Economic Survey 2011-12, which was tabled in the state legislature on Wednesday by deputy CM Sushil Kumar Modi, who also holds the finance portfolio. The state’s economy grew at an annual rate of 11.36% between 2004-05 and 2010-11, riding on substantially higher public investment.

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Conference on Leveraging India: Strategies for Global Competitiveness in Sydney on Apr 11-12, 2012

Conference on Leveraging India: Strategies for Global Competitiveness in Sydney on Apr 11-12, 2012

Conference on Leveraging India: Strategies for Global Competitiveness

Sydney, Australia, April 11-12, 2012

Sponsored by

Emerging Market Internationalization Research Group (EMIRG)

The University of Sydney Business School

&

Institute of Global Management Studies (IGMS), Fox School of Business, Temple University

Convenors: Sid Gray, Vikas Kumar, Ram Mudambi, and Chinmay Pattnaik

 

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Public services now go online in Bihar

Public services now go online in Bihar

PATNA: Continuing his tradition of presenting annual report card listing the achievements and targets of his government, which he started in 2006, CM Nitish Kumar released the sixth report card – first of his second tenure – on Friday, highlighting his agenda of development with justice.

“Development with justice is the mantra of our government. We have to build a Bihar where development goes hand in hand with justice. We want to see the glow of self-esteem, self-confidence and self-sufficiency on the faces of 10.4 crore Biharis,” said Nitish at the release function.

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Breaking Free: How Nitish Kumar Turned Bihar Into a Model of Indian Reform

Breaking Free: How Nitish Kumar Turned Bihar Into a Model of Indian Reform

In Patna, the noisy capital of India’s northern Bihar state, a crowd gathers early for the weekly janata darbar, the “people’s audience.” Many have traveled for hours, even days; some stop for a bit of fortification — sticky sweets and fried snacks from vendors on the lawns outside — before they enter the makeshift meeting hall. By 10:30 a.m. hundreds are standing under the whirring ceiling fans and corrugated metal sheeting. They form an impeccably ordered queue. Nearly all are men, most are poor, a few are barefoot, and each one has showed up for the same thing: to present their grievances directly to Bihar’s chief minister, Nitish Kumar, the man at the end of the line.

Read more about Breaking Free: How Nitish Kumar Turned Bihar Into a Model of Indian Reform

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