The much-criticised Bihar appears to be keen on catching up with industrialisation and has approved private projects worth Rs 11,000 crore in the past few months.
"The new government in Bihar is committed to industrialisation and economic development and the state Cabinet as well as the State Investment Board have approved private projects entailing investments of Rs 11,000 crore," Deputy Chief Minister Sushil Kumar Modi said here.
Modi, who was here for a Planning Commission conference on infrastructure development, said the state Government was taking urgent steps to make environment conducive for private companies.
"We are working on a variety of enabling factors like infrastructure development, concessions to industries and bringing down the crime rate," he said.
The government was investing Rs 3,000 crore on roads and was also spending on improving the dismal power situation.
"At the moment Bihar is generating just 30 mw of power. We have now given Rs 650 crore to the NTPC to revive the Barauni and Kanti thermal power plants, which would give an additional 600 MW. Power generation from these plants will, in fact, start by March-April next year," he said.
Source- Tribune, 09-10-06
