Bihar hosted an investor summit in the national capital, after a gap of over 15 years. Industry representatives from 170 companies including ITC Limited, Hindustan Unilever, Adani Group, Britannia, Coca Cola, Pepsi and Ambuja Cement attended the summit and showed keen interest to invest in the state.
Four expressways will crisscross Bihar under the Bharatmala Project (Phase-2). The state also plans to construct ring roads around four major cities including Darbhanga, Bhagalpur and Muzaffarpur and build eight bypass roads to ease traffic loads.
The central government has released Rs 1,112.7 crore as grant-in-aid to Bihar for providing grants to the rural local bodies. This grant-in-aid is the second installment of tied grants to the State of Bihar, according to data released by the Union Finance Ministry.
Adult Education programme which has been running in the country for years will now be called ‘Education for All’. Union Ministry of Education has taken this decision saying it is a “progressive step.”
Seven years on, the proposed central university near the ancient seat of learning in Vikramshila (Bhagalpur), announced as part of the Rs 1,25,000-crore special package for Bihar by Prime Minister Narendra Modi ahead of the 2015 assembly elections, awaits land acquisition to get closer to reality.
Pallavi Shree is Director, Finance at Gyan Shree Foundation Trust. She has over 10 years of experience in finance and accounting. Pallavi has worked with leading multi-national companies including BNY Mellon, Bechtel Corporation, Kronos Solutions and Genpact.
Pallavi holds Master in Commerce from Delhi University and holds Post Graduate Diploma in Finance from Indian School of Business and Finance (affiliated to London School of Economics). Pallavi writes regularly on the issues related to women empowerment and social inclusion.