As he juggles between attending phone calls and giving interviews to television journalists promising to put him on prime time ‘live’ on Tuesday evening, Subhash Chand Agarwal, 60, recalls a short trip on a rickety DTC bus from Mall Road to Red Fort in 1967 as a young engineering student. “I had an ugly spat with the bus conductor who refused to give me a ticket for the 20 paise...

The recently released figures from the Central Statistical Organisation that estimate how fast India’s states have been growing have undoubtedly been the biggest economic news of the new year. There are many fascinating aspects to the new numbers: for example, that Bihar is the country’s second-fastest growing state, growing at 11.03 per cent annually in the years since 2004-05 — only 0.02 per cent behind Gujarat, a more familiar success...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

Seven months into its second innings in power, UPA-2’s report card on key target schemes is just about average. Initiatives like Rajiv Awas Yojana are yet to be fully formulated while some others like the western dedicated rail corridor are stalled and a few other schemes are suffering from end-user glitches. A year-end review of flagship programmes, now scanned by PMO’s delivery monitoring unit apart from Cabinet Secretariat, has highlighted...

A team from the World Bank will be in New Delhi soon to work out the nitty-gritties of a $1-billion loan to the urban development ministry for carrying forward the cash-starved flagship scheme for upgrading urban infrastructure, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). There would, however, be conditionalities attached to the use of the fund as it would be reform-linked and only select states would get access to...