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Front Page

Monday May 5th
. High On Tech, Low On Utility: Tacky but cheeky, Google ofers Hindi translation (0 comments)
. Fund Scam Strikes At State Bank Of India (SBI) Bihar Office (0 comments)
. Roads Will Be Built Before Monsoon: Bihar Road Construction Department (RCD) (0 comments)
. National Thermal Power Corporation`s Barh Unit Signs Memorandum Of Understanding With Bihar govt. (0 comments)

Saturday May 3rd
. 4 Railway Over-Bridges To Open Next Month, Mithapur Would Be Completed In The March of 2009 (0 comments)
. 318 Delayed Projects Cost of Rs 24,670 Crore Could Have Fed Half Of India's Poor For 4 Months (0 comments)
. Minor Offences: Government Eases Punishment, Arrests To Be Made Only After Conviction (0 comments)

Friday May 2nd
. Are Courts Corrupt? Bar wants to know In Confidential Survey (0 comments)

Thursday May 1st
. Section Of Bihar Lawmakers Unhappy With Chief Minister Nitish Kumar (0 comments)
. Bihar Government Implementing RSS Agenda: Rashtriya Janata Dal (RJD) (0 comments)
. Very Few NCERT Books In Patna stores (0 comments)
. NTPC To Enter Distribution With Kahalgaon Project In Bihar (0 comments)
. Bihar MPs Seek Central Help To Overcome Power Crisis (0 comments)
. Science Education In Rural Schools (0 comments)

Wednesday April 30th
. Finance Minister P. Chidambaram Extends Tax Breaks For IT Firms (0 comments)
. Upload Video Making Money, the How-To Way (0 comments)
. Study Suggests Math Teachers Scrap Balls and Slices (0 comments)
. Microsoft Device Helps Police Pluck Evidence From Cyberscene Of Crime (0 comments)

Tuesday April 29th
. Paswan Announces Third Steel Processing Plant In Gaya By The Steel Authority of India Limited (SAIL) (0 comments)

Monday April 28th
. Patna University (PU) Bid To Improve Research Facilities To Its Scholars And Faculty Members (0 comments)
. Patna Municipal Corporation (PMC) officials Pull 2021 As The Magic Year For Patna (0 comments)
. Bihar Accepts NTPC's Proposal For Power Distribution In Kahalgaon Under Bhagalpur District (0 comments)

Friday April 25th
. Bihar Now Plans To Hire Eunuchs As Security Guards For Women (0 comments)
. Travel By Trains From Patna To Howrah In Two Hours By Train, Sounds Crazy? (0 comments)

Thursday April 24th
. Rail Traffic Disrupted by CPI-ML Protestors In Patna (0 comments)
. Bihar Government Has Now Decided To Set Up Fast Track Courts To Try "Corrupt" Officials (0 comments)
. Cereal Consumption In Bihar Declines In Recent Years (0 comments)

Tuesday April 22nd
. Patna Met Office Will Now Have Improved Technology And Infrastructural Facilities (0 comments)
. Bihar Govenment On Tuesday Increased The Dearness Allowances Of State Govenment Employees By 6 % (0 comments)

Monday April 21st
. Bihar Government Takes Initiative To Improve Womens' Lives (0 comments)

Older Stories...

Investment-starved Bihar to set up NRI cell

Buoyed by the positive response from non-resident Indians (NRI), Deputy Chief Minister Sushil Kumar Modi has proposed an NRI cell to facilitate investment in Bihar from expatriates.

Modi, back from a 10-day trip to Britain, Italy and Canada to market Bihar as a favourable investment destination, said many NRIs, especially those from Bihar, had expressed a desire to contribute towards the state's development.

He said he would take up the issue of setting up an NRI cell with Chief Minister Nitish Kumar. "I am sure it will get final clearance soon because Nitish Kumar is very keen about Bihar's development," Modi told IANS here.

The proposed NRI cell will help those who wish to invest in the state. It will provide information and help speed up passage of investment proposals through the single-window clearance system.

Modi said the government would also set up a corpus fund with contributions from NRIs for development of the state.

"The idea of a corpus fund was mooted by NRIs who told me to create it at the earliest so they could contribute to it," he said.

Some days ago Bihar chief secretary G.S. Kang had said Indians in the US were keen to invest in the state's hospitality, IT and health sectors. Kang, who headed a team of officials to the US, said: "We have received over half a dozen proposals from them and will study them for clearance."

Bihar is keen to attract foreign investment in the areas of agriculture, health, IT, tourism and infrastructure.

The government is trying to promote the state, often seen as one of the most lawless in India and struggling with highest percentage of population below the poverty line, as a favourable investment destination but has had little success so far.

In 1995, then chief minister Lalu Prasad undertook a foreign trip to attract NRIs to Bihar but did not make much headway. Since then there has been no serious effort by the government to woo NRIs.

By Unregistered Visitors, Section News
Posted on Wed Jun 28, 2006 at 08:53:19 PM EST
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