Nitish guarantees security to investors in Bihar | patna | Hindustan Times
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Nitish guarantees security to investors in Bihar

patna Updated: Apr 05, 2013 18:00 IST

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With the law and order situation always being a matter of concern to the investors, chief minister Nitish Kumar guaranteed security to those interested in setting up industrial units in Bihar, on Friday.

"I guarantee security to the investors and promise that nobody will harass them, " he said at an Investors' meet in Patna. "The law and order situation is peaceful in Bihar. You are (sic) rest assured about your security and safety of your capital," Kumar, said.

Setting the agenda and area of industrial activities for the potential investors, Kumar said there was huge potential in agriculture, food processing, tourism sectors for investment.

The agriculture, food processing and tourism sectors are the "core components" of the industrial activities in Bihar, and investors have virtually an open field as there are (sic) no competition and whosoever comes first will reap immense benefits," he said.

The chief minister said that the state government has framed policies for the promotion of all industrial sectors and set up the State Investment Promotion Board (SIPB) and Single Window Clearance System to expedite clearance of investment proposals.

Stating that he himself holds an investors panchayat at his official residence on every fifth Monday to hear problems of the investors, the chief minister said policies have been framed for the township development, use of biomass for energy and investment in education and hospitality sectors by the industrialists.