IFIs eye Indian state progress



With a track record boasting an “improved” investment climate, effective reforms, and good governance, Bihar has caught the interest of global finance agencies eager to provide more assistance to the Indian state. According to Bihar Chief Minister Nitish Kumar, the World Bank, the Asian Development Bank, the Department for International Development and the Japan Bank of International Cooperation have all offered aid to a line of projects designed to boost Bihar’s growth even further. The list includes a rural livelihood development project, a road investment program, as well as other initiatives that are expected to strengthen the region’s power, health, governance, and urban development sectors.

Source: Global agencies show interest in Bihar growth (Economic Times)

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