It is literally a day out for who's who of India Inc when they assemble in Patna tomorrow to share some time with Chief Minister Nitish Kumar for a greater cause related to corporate's social responsibility.
Top industrialists and heads of financial institutions,
as members of the Bihar Development and Investment Council(BDIC), will participate in the first-ever meeting of BDIC to work out the roadmap for attracting private investments and suggest tangible measures to accelerate the pace of development for a resurgent Bihar.
The BDIC was formed by Nitish in November last as part of the image makeover exercise for the state.
The 17-member strong delegation representing industrialists include Anand Mahindra of Mahindra and Mahindra, Sanjiv Goenka of RPG, Kumar Mangalam Birla of Aditya Birla Group, Suresh Neotia of Gujrat Ambuja, Analjit Singh of Max India Ltd, Habil Khorakiwala, president, Ficci, Priya Paul of Park group of India, K.V.Kamath of ICICI bank, Homi Khursokahn of Tata Chemicals ,Tarun Das of CII, S.Ramodorai of TCS, among others.
The BDIC vice-chairman, who was earlier a member of the planning commission during the NDA regime at the centre, N.K.Singh said promoting public-private partnership would be an important function of the BDIC. Nitish heads the council as its chairman.
Singh pointed out that 11th five-year plan of the state visualised a private investment of Rs 1,08,000 crore to achieve the daunting 8.5 per cent GDP growth target, besides Rs 59,000 crore of public investment.
Bihar has already attracted private investments of over Rs 27,000 crore in the past 16 months of Nitish rule.
From: Tribune News Service, April-23,07
