The Bihar Textile and Leather Policy, 2022, signifies a strategic move by the Bihar government to foster the growth of the textile and leather industries within the state. Here’s an overview of the primary objectives of the policy: Key Provisions of the Policy The Bihar Textile and Leather Policy, 2022 contains several key provisions aimed … Read more
A scheme called the Chief Minister Scheduled Caste and Scheduled Tribe Entrepreneur Scheme is being implemented to establish self-employment for educated, unemployed youth of Scheduled Castes and Scheduled Tribes. The implementation of this scheme will be carried out by the Bihar Startup Fund Trust. Here’s the translation of the provided criteria: Under the scheme, youth … Read more
The State Investment Promotion Board (SIPB) of Bihar is a crucial government body that plays a key role in attracting and facilitating investments in the state. Here’s a comprehensive overview of the SIPB: Function The SIPB acts as a central clearance agency for new business proposals in Bihar. It streamlines the approval process by offering … Read more
The Bihar Startup Policy 2017 was launched with the vision of making Bihar a hub for startups and entrepreneurs. Here’s a breakdown of the key features: Goals Pillars of the Bihar Startup Policy 2017 The policy rests on four main pillars – Key benefits for Startups Additional Initiatives The government organizes programs and workshops to … Read more
The government of Bihar unveiled its Textile and Leather Policy 2022 on June 8, with a slew of incentives designed to attract investment in these sectors. These incentives cover various aspects such as capital infusion, patent registration, skill enhancement, job creation, and assistance with power and freight expenses. Among the perks are a subsidy of … Read more
The Bihar Industrial Investment Promotion Policy, 2016, was launched by the Government of Bihar to transform the state into a more attractive investment destination. Here’s a breakdown of its key points – Vision & Mission Strategies Target Sectors The policy focuses on industries that can: Here are some of the priority sectors: Incentives Offered The … Read more
Recently, the Union Cabinet approved the RAMP (Rising and Accelerating MSME Performance) scheme to enhance and expedite the performance of MSMEs (Micro, Small, and Medium Enterprises), which will commence in the financial year 2022-23. This initiative aligns with recommendations made by the UK Sinha Committee, the KV Kamath Committee, and the Prime Minister’s Economic Advisory … Read more
Bihar is progressing fast on the development track, with unrelenting efforts being made to strengthen infrastructure and promote industrial growth. The government of Bihar is committed to improving the competitiveness of the state’s economy and achieving inclusive growth. Start-ups and Innovation play a key role in economic growth. This can be realized by promoting innovation … Read more
To establish Bihar as the most preferred investment destination by leveraging the state’s comparative advantages, maximizing employment opportunities, and attaining a balanced regional and sustainable development, the Government of Bihar announced the Bihar Industrial Investment Promotion Policy, 2016, vide notification No.1822, Dated 01.09.2017. Further, The Bihar Industrial Investment Promotion Act, 2016, and The Bihar Industrial … Read more
Sheohar District is situated in the state of Bihar, India. It is a part of the Tirhut division bordered by the districts of Sitamarhi, Muzaffarpur, East Champaran, and Sitamarhi. The district is known for its agricultural landscape and is home to the Bagmati and Budhi Gandak rivers. History & Demographics Sheohar District was established on … Read more