The New Year began with very good news about the Indian economy. During the last five years, 2004 to 2009, India’s most backward states have shown remarkable growth. Bihar, which grew at 4.5 per cent a year between 2001 and 2005, showed a growth rate of 11.3 per cent between 2005 and 2009. Similarly, Odisha increased its growth performance from 4.94 to 8.74 per cent between these two periods; Jharkhand...

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...

Matriculate Trained Teachers, who make up 87% of school teachers in India, get Rs 775 in UP Rs 892 in Assam and Rs 1,507 per month in Punjab. Even in the most highly rated schools, the average salary is Rs. 7,225 p.m. Nearly 200,000 teachers in Bihar draw a salary less than that of a peon in the government. Teachers with post graduate degrees teaching primary to higher secondary levels, draw...

Chakrabarti added that accreditation is required as the number of consultants in the business is increasing rapidly Consultants who carry out studies on the impact of an industrial or infrastructure project on the environment will now need to be registered and accredited with the ministry of environment. The move is aimed at improving the quality and integrity of so-called environmental impact assessment (EIA) reports and the ministry has said that after June,...

Multinational companies will now find it very difficult to patent products made by using Indian traditional knowledge of science. The Indian government has digitized all traditional knowledge of medicine available in India and has shared it with the US President and United States patents office so that nobody benefits unduly by using Indian knowledge and files for patents on such products. "We call it traditional knowledge in a digital library," said Minister...