Pratibha urges “out-of-the-box” thinking on agriculture  Involve agricultural economy more pro-actively in growth process Stress on “environment of security” for optimal attainment of growth President Pratibha Patil’s address to the nation on Monday, on the eve of the 61st Republic Day, reflected the common citizen’s worries on two counts: the unyielding price situation and challenges to internal security. She also touched upon climate change, underlining the use of “energy efficient technologies and...

Is Bihar on steroids, boosted by an excessive stimulus of dramatically higher public outlays than ever in the past? Like all stimulus, does it also bear the danger of slumping back when it is withdrawn? Is the widely acclaimed growth turnaround a durable and sustainable one? These are among the many issues, which are currently being debated. But first the facts. Bihar is the best turnaround story that the country has seen...

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...

Roads “as smooth as Hema Malini’s cheeks” was a promise that Lalu Yadav had once given to the people of Bihar. Ironically, it is his rival Nitish Kumar who seems to be delivering on that front. Despite three years of floods followed by a year of drought, ‘backward and benighted’ Bihar reports a miraculous figure: 11% GDP growth, second only to Gujarat. The state’s economy has never grown so fast...

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...