2. Consumption Prowess
3rd most populous state.
103 mn.
Distribution ease -
Highest populations
density. 1102 ppl/sq. km
Literacy Rate 63.82%
Scope for Urbanisation -
Rural Population – 90%
Demographic Dividend
50% population below 25
years of age
Growth Rate of Bihar is
14%
Increase in consumption power. Maturity of
consumers - Bihar has registered highest decline
in poverty ratio - from over 54% of people living
below poverty line in 2004-05 to over 33% in
2011-12.
3. “Bihar logged in a compounded average growth rate
(CAGR) of 20% in public investment between March
2003 and March 2013
Outstanding investment In Bihar is Rs 3,11,527
crore.
The share of public investment in Bihar, as in
March 2013, was 50.3%. Huge scope for
improvement in this area.
70 % of Bihar’s total investment now goes to electricity.
Need for private investments
Policies :
Law and Order situation
is improving in Bihar.
Political Stability –
JDU Led alliance has been
in power since 3 terms
which gives a lot of
political stability in terms
of policies
4. Bihar
Education
Tourism
Power
Sugar
Retail
Industry
Agriculture
Scope for Seasonal Occupations
81% rely on Agriculture.
Farmers idle during non crop season.
Rainfall dependent for irrigation.
Hence irrigation projects have huge potential
Hydro power projects can be given a boost. Reliance on thermal
energy which faces Coal supply distortion
Huge supply capacity of sugar.
Huge potential for Breweries, Beverage manufacturers.
Other allied sectors to Sugar can be looked at as well.
Cold storage infrastructure at Bihar is still underdeveloped.
Sectors of
13 sugar mills in private sector and 15 in the public
sector located in south and north Bihar with a total
crushing capacity of 45,000 TPD
5. Rich farmlands and lush orchards are spread throughout the State.
Places of tourist attraction –
• Rajgir, Nalanda, Vaishali, Pawapuri (where Lord Mahavira breathed his last and attained Nirvana ),
• Bodh Gaya, Vikramshila (ruins of Buddhist University of higher learning),
• Gaya, Patna (ancient city of Patliputra), Sasaram (tomb of Shershah Suri)
• Madhubani (known for famous Madhubani Paintings).
French companies
are exploring
investment
opportunities
in Bihar
Etienne (indo-French consulate), who
was on a fact-finding visit to the state,
listed education, tourism and single
brand retail sectors in which French
industries may be interested in making
investment or collaborating with the
state government.
Trends in Investments An MoU between Chanakya National
Law University (CNLU), Patna, and
University of Toulouse, France, is likely
to be signed soon. That will facilitate
students exchange programmes.
National Institute of Fashion
Technology (NIFT) also has
collaboration with various French
schools of design
Micro Finance Institution focus
Infrastructure companies have huge scope since majority of
population is rural.
..continued