India

Nitish woos investors, pledges security

Dheeraj Kumar

Guaranteeing security to all investors in the state, Bihar Chief Minister Nitish Kumar has invited businessmen from across the country to set up their units in the state and exploit its vast potential in sectors like agro industry, tourism and hospitality.

In his bid to woo the prospective investors, the Chief Minister said that Bihar has several advantages like huge water resources, a large chain of human resources and transparency in decision making.

He was speaking at the "Investors Meet" organised in Patna on Friday.  

Nitish Kumar said that BiharRss potential in various sectors has remained untapped, primarily due to to the poor law and order situation in the state during the pre-NDA regime.

"Bihar will prove a green field for all investors coming to the state as they have not to face any competition from any body", the Chief Minister commented and also exhorted industrialist to "grab opportunities'.  

Sectors like leather, rice and meat processing, sugar mills, solar power, bio mass energy and construction also hold a great promise for those willing to invest in the state.

Once Bihar gets the special status, industrialists will be attracted to the state in a very huge number as they will get the advantage of tax concessions, he added.

"Even a child knows what advantages Bihar will get once it is accorded the special status and now the issue of special category has acquired a movement", he noted.

Managing Director of Bihar Industrial Area Development Authority (BIADA) Deepak Kumar Singh told the Pioneer that nearly 300 Bihari workers from Dharavi slums in Mumbai have started setting up leather processing unit at a multi storeyed building located inside the Fatuah industrial estate.

The number of units under BIADA has grown from 450 in 2005 to 1170 now, he added.

Bihar Assembly in its just concluded budget session has passed the Private University Bill, paving the way for inviting reputed private universities to open their campuses in the state.

Similarly, the state government has planned to engage private sector in the medical sector too in a big way.

State Health Minister Ashwani Kumar Choubey told the Pioneer that the state government is considering to extend the subsidy facility and other benefits to private investors willing to open ultra modern hospitals in the state.

"We want to provide all concessions to the medical sector what are presently available to the industrial sector", he added.

He said that the state government had also received proposals from reputed hospitals like Narayani Institute, Bangalore, Vedanta Hospital and Fortis Escorts Institute.

He said that the government is also considering to open hospitals on the PPP model and also informed that a Mumbai based charitable trust has also expressed its willingness to set up a Rs. 100 crore hospital in the State.