Nitish calls for investment in agriculture, industry

Bihar Chief Minister Nitish Kumar on Monday identified agriculture and industry as the core sectors and exhorted industrialists to invest in the state.

The scope was “tremendous” in agriculture and industry, Kumar said while presiding over a meeting of the industrialists (‘Udhami Panchayat’) of the state.

This was the first such meeting with industrialists and traders of Bihar after the formulation of Bihar Industrial Policy, 2016 which promises incentives to them such as reimbursement of stamp duty and land conversion fees.

Kumar announced the formation of a committee under Chief Secretary Anjani Kumar Singh which would have the principal secretaries of Finance, Commercial Taxes and Industries as members for further relaxation in the policy for investment on the basis of feedback from industrialists and traders. Bihar has a big market and is abounded with human resources, Kumar said.