Syed ShahnawasHussain, Industries Minister, Bihar, announced that the state government will soon introduce a new textile policy to promote manufacturing and trade in the sector.

Addressing the annual meeting of Confederation of Indian Industry (CII) in the Bihar, Shahnawazsaid ,the textile sector in Bihar has received industrial investment proposals worth Rs 40,000crore in the last one year and many big industrial units will be launched here in the next two months.

The theme of this year’s CII’s Bihar annual Meeting was ‘Advantage Bihar- Sankalp to Siddhi: Bihar @75’.

Several eminent personalities from CII, healthcare, academia, economics, agricultural and rural development addressed the meeting.

Despite being the sixth largest economy in the world,, India ranks 131 st on the human development index rank, out of 189 countries and territories. There has not been much improvement in he country’s healthcare sector. Hence, the state government has decided to increase the allocation of health sector in state budget from 3 per cent to 6.79 per cent,” adds DrSatyajit Singh, Convener, Health Panel, CII-Bihar.