Patna, (Bihar Times): Chief Minister Nitish Kumar hopes that the state would witness 8.5 per cent annual growth rate in the 11th Five Year Plan (2007-12). He also said that an estimated 50 lakh people of the state would be provided employment in the next five years.
Incidentally the state’s Economic Survey of last year
put the growth rate of Bihar at 16 per cent. That
figure was questioned by many economists of the state.
The 8.5 per cent growth rate would be possible on
strength of 11 per cent industrial growth and over
five per cent agricultural growth.
The chief minister was holding a review meeting of the
11th Plan with the top bureaucrats of the state. The
chief minister said that in the next five years, the
public investment would be to the tune of Rs. 60,631
crore while private investment is estimated to be
roughly Rs. 1,08, 283 crore.
Nitish said the government was giving a boost to the
agriculture by developing a road map entailing over Rs
6,000 crore and expected to earn a growth of 11 per
cent in the industrial sector. Nitish also talked
about 21-point checkpoints that would be used to
monitor developments in various sectors.
