Bihar witnessed 365% growth in investment proposals in 2016

nitish kumar tejaswi yadav BiharBihar witnessed 365% growth in investment proposals in 2016. Bihar has been able to attract new investment proposals worth Rs 5,794 crore during 2016. Statistics released by the department of industrial policy and promotion of the Union commerce ministry, suggest a massive 365% rise in investment proposals over Rs 1,247 crore in 2015. In fact, 2016 was a bounce-back year for Bihar in terms of new investment proposals after witnessing a decline from Rs 1,449 crore in 2014 to Rs 1,247 crore in 2015.
The figures show that Bihar left its neighbour Jharkhand far behind in attracting new investment proposals in 2016. Jharkhand, during the year under review, attracted new investment proposals worth just Rs 1,329 crore despite the strategic advantage of having huge mineral reserves. In fact, Jharkhand witnessed a decline in new investment proposals from Rs 1,540 crore recorded in 2015 to Rs 1,329 in 2016. Bihar’s investment proposals worth Rs 5,794 crore, came from just 19 proposed new units. This accounts for 1.41% of the total proposals received nationally during 2016.

Filed in: Bihar Current Affairs, Bihar GK, Bihar News, बिहार सामान्य ज्ञान Tags: , , , , ,

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