Nitish Government to honour entrepreneurs and help them set up industries in Bihar

Patna, July 30 (KNN) Bihar Chief Minister Nitish Kumar said his government will honour the entrepreneurs who come forward to set up industries in the state and will also extend all possible help to those industries.

“We will also work to improve Bihar Industrial Investment Promotion Policy (BIIPP) 2016 if a proposal comes in this regard," said Kumar while addressing a “Udyami Panchayat” in Patna at ‘Samvad’ in the Chief Minister’s Secretariat.

Udyami Panchayat (entrepreneurs’ meet), chaired by CM, is held on fifth Monday of every month to listen to the grievances and suggestions aired by entrepreneurs and industrialists.

Nitish Kumar said that the government would also extend all possible help to these industries.

The state government in February 2019 had decided to hold the meet and the first such event was held on July 30 2012. Bihar Industries Association president KPS Keshri, Bihar Chamber of Commerce and Industries president PK Agrawal, Assocham, Bihar region chairman Ram Lall Khaitan, Women’s Industries Association chairperson Menka Sinha were among a host of industrialists and entrepreneurs who attended the meet.

“There is less chance of setting up big industries in Bihar but the entrepreneurs  need to be more alert and careful for setting up small scale industries in the state”, said Kumar while stating that it has been  the state government’s objective to promote more and more industries.

He also said that “We need to work hard to increase the investment”.

Referring to the Industries department’s presentation shown on mid-term review of the industrial policy given by department’s secretary Lokesh Kumar Singh, the CM said it was told that only Rs 14,855 crore has been proposed to be invested in the state so far.

Deputy Chief Minister Sushil Kumar Modi and industries minister Shyam Rajak also addressed the function. (KNN/LM)