Saturday, June 26, 2010

How developed is Bihar, really?

"Some economists argue that it is Bihar’s investment in road building and construction in the last three years that is responsible for an overall increase in gross state domestic product (GSDP), and that there is little change in the growth rates of other sectors in the economy. They say that reports of Bihar’s economic miracle are driven by newspaper headlines which, in turn, are predicated on state government advertising in these periodicals. This line of argument is as specious as claims that it is honey, and not water, that runs in the Sone today.
The fact is that Bihar’s society and economy are seeing changes that haven’t been seen in the earlier regime. These could be regressive, or could be progressive. But this much is true: Things are different today and it is this difference that the people will evaluate while voting in October-November this year."

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