Bihar Industrial Investment Promotion Policy 2025 is the finest in the country: Shreyasi Singh

Bihar's industries minister Shreyasi Singh is working to change the state's negative perception. She detailed policies designed to attract businesses and create jobs. The minister highlighted swift land allotment and production startup times. S...

BCCL - Non Copyright
Shreyasi Singh, Bihar Minister
For a politician in Bihar, the weight of past issues related to law and order remains a burden, and it requires considerable effort and time to dispel that negativity. This is particularly true for Shreyasi Singh, the state's industries minister.

"Bihar has been a victim of narrative. The narrative has been set so poorly that people don't trust Bihar," Singh, who is also the state's sports and IT minister, said during a fireside chat with ET's Nidhi Sharma.

"We give land of 10 acres virtually free if you are providing employment growth of 1,000; the policy is virtually the same for 25 acres. We are giving interest subvention of up to Rs 40 crore. We are giving state GST reimbursement," Singh said on the topic, 'On Target: The Youth Vote. Is India Ready for a Generational Shift in Politics?' "But, because of the narrative, there is still a hesitation in coming to Bihar. But the narrative is changing because we have the right intention along with the right policies."


The legislator from Bihar's Jamui constituency is a former Olympic shooter and Commonwealth Games silver medalist in the trap event.

Singh elaborated on the steps taken by her ministry to bring businesses to the state.

"The Bihar Industrial Investment Promotion Policy 2025 is the finest in the country on paper. Why is there a feeling that Bihar is changing? Recently, we have been able to bring a big bag-making factory from Maharashtra to Bihar. We have managed to allot land to a manufacturer in 24 hours," she said. "Within a span of 55 days, we have taken the thought of an industry to starting production for the same. That's a record in India. That's the speed at which we are working."
ADVERTISEMENT

The second-generation politician, though, still looks at her late father-former MP and minister of state, railways and external affairs, Sanjay Singh--for inspiration. He was also the president of the National Rifle Association of India.

"I saw the love and respect that people of Bihar had for my father; that is the kind of person I wanted to become. You, as a daughter or a son, are constantly comparing yourself with how great your father or mother were, and then try to fill those shoes. I don't think I'm half the person my father was. For me. He's my god," the two-term MLA said.

While fondly remembering her sports career, she narrated an interesting story. "I went up to my father (who headed NRAI then) and said I wanted to start shooting and needed a gun. To which he said, "Do you think anyone who starts shooting in India starts with his or her weapon? You need to beg, borrow or ... I may be the president, but here I am you father. You need to do it as everyone else does it in India."
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › India › Bihar Industrial Investment Promotion Policy 2025 is the finest in the country: Shreyasi Singh
Text Size:AAA
Success
This article has been saved

*

+