Moneycontrol » News » Management

The future of Bihar

Published on Sat, Dec 05, 2009 at 16:29 |  Source : Moneycontrol.com

Updated at Fri, Jan 08, 2010 at 13:12  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
The future of Bihar

Is there a future for Bihar?
I remain optimist because given continued good governance; its demographic advantage, and improving agricultural productivity can make Bihar the granary of India and also an educational hub.

The State is now getting its act together. Continuity and stability of good governance will enable a speedy transit from feudal to a market-based economy. Improved prospects for the future kindles hope and while breaking down social stratification will enable leap frogging the typology of growth to more rapidly developing economies.

The restoration of Bihar's lost glory will demonstrate the success of strategic initiatives and technology can do to one of the most backward and densely populated regions in India. Unless backward States become growth drivers, India would find it difficult to grow at 9 per cent. In some ways the future of India is linked with the future of Bihar. Bihar has demonstrated that it would not allow its future to become a hostage of the past and to shape the future in consonance with its rich historical, cultural and economic leadership.

The author, NK Singh is a Member of Rajya Sabha, Government of India.

  

Trending News

Business News

5 ways to use Wolfram Alpha effectively
Subbarao's job just got harder - thanks to Q4 GDP crash "Subbarao's job just got harder - thanks to Q4 GDP crash"

Bharat Bandh hits normal life in several states

Prakash Javadekar CNBC-TV18 Exclusive Will Be Happy If A Probe In The Matter Has Been Ordered

The latest earning numbers FIRST on CNBC-TV18
Interviews

May 31 2012, 17:09 | Source: CNBC-TV18

Eyeing 5-6% growth in tractor segment during FY13: M&M  

May 31 2012, 14:55 | Source: CNBC-TV18

Expect reasonable growth in profits ahead: Praj Industries  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!