Tina Edwin / Quint
Bihar needs to grow like China did (until recently), but not by building ghost cities and sweat shops. The state has the lowest per capita income and the size of its economy is still very small. In this context, the 9.3% compounded average growth rate (CAGR) of the previous 10 years is too little for a state where over 40% of the population still lives below the poverty line. The Ministry of Statistics and Programme Implementation (MOSPI) data show that state’s economy was the 14th largest in the country in 2014-15, moving up by just one notch from the 15th position it occupied in 2004-05 when Nitish Kumar first assumed office as the chief minister.
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Bihar could reap demographic dividend with increased focus on education and skill development, for both boys and girls. Nitish and his allies should use the massive mandate they got in the recent Assembly election to change the face of the state with a model of development that is based on inclusion and meritocracy. He owes it to the people who voted for him. more
Bihar needs to grow like China did (until recently), but not by building ghost cities and sweat shops. The state has the lowest per capita income and the size of its economy is still very small. In this context, the 9.3% compounded average growth rate (CAGR) of the previous 10 years is too little for a state where over 40% of the population still lives below the poverty line. The Ministry of Statistics and Programme Implementation (MOSPI) data show that state’s economy was the 14th largest in the country in 2014-15, moving up by just one notch from the 15th position it occupied in 2004-05 when Nitish Kumar first assumed office as the chief minister.
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Bihar could reap demographic dividend with increased focus on education and skill development, for both boys and girls. Nitish and his allies should use the massive mandate they got in the recent Assembly election to change the face of the state with a model of development that is based on inclusion and meritocracy. He owes it to the people who voted for him. more
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