Bihar is making a bid to attract investors in the Pravasi Bhartiya Divas in its food-processing industry.
Bihar is promising investors of speedy clearance of their projects with planning atlas 2011 and independent directorate in place for the purpose.
“Bihar has changed a lot and the prime objective of the state government is to create an environment to promote local as well as NRI investment,” said Bihar industrial development commissioner, C.K. Mishra.
He further said that Bihar is the third largest producer of vegetables in the country and fourth in food production and thus the state government considers it as the sunshine sector.
“The state government wants to attract investment in the food-processing sector. The private sector participation is being encouraged to ensure quality and create large infrastructure for handling volume of production through modern technique and facilities,” added Mr Mishra.
He also said that the Plan expenditure of the state has increased tremendously and the annual GSDP rate has increased up to 24.33 per cent.
“To promote investment, the state investment promotion board has cleared 423 schemes of proposed investment of `19,1753 crores. Among them, 207 schemes of food-processing have already been cleared with an investment of `3,420 crores,” Mr Mishra added.