Progressive Bihar - Finally the sleeping giant is waking up

Progressive Bihar - Finally the sleeping giant is waking up
Progressive Bihar - Come support it's growth path.

Monday, March 15, 2010

World Bank recognizes Bihar's signs of turnaround

World Bank has endorsed Bihar's turn around story and has attributed this turn around to the all-inclusive reforms initiated by the state government, including improved law and order and higher public expenditures.

In a statement released by the world bank it has said 'There are visible signs of a turnaround where the Bihar government has been implementing wide-ranging reforms. State revenues and development expenditures have increased."

It has also pointed out that it is complex to pin-point  the reasons for the fast paced economic growth in Bihar. Its statement said "Pinpointing the roots of economic growth is complex, the faster growth experienced by Bihar after 2004 can be reasonably linked to improvements in the rule of law, more efficient and larger public expenditures, and better infrastructure."

It is an endorsement of Nitish Kumar and team's effort by a global organization and should put to rest some of the negative opinions put forward by various skeptics of the Bihar Growth Story. Good Work Nitish Kumar ji.

The complete article can be found at Bihar turning around on improved law and order: World Bank

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