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Mukherjee inaugurates ADRI International Conference on Bihar & Jharkhand

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The strategy for development of seriously disadvantaged regions like Bihar and Jharkhand requires policy makers to unleash the productive forces of the economy, and not just unquestionably follow a path of industrialization, President Pranab Mukherjee has said.
 
Inaugurating a conference on “Bihar and Jharkhand: Shared History to Shared Vision’ here yesterday, Mr Mukherjee pointed out that despite the region being a land of rich mineral resources and fertile soil, relative economic progress and development could not take place.
 
“We also need to realize that, for seriously disadvantaged regions like Bihar and Jharkhand, a strategy of development requires the policy makers to unleash the productive forces of the economy, and not just unquestionably follow a path of industrialization, as was done by countries or regions which had developed earlier. It is here that one requires directed research which can identify appropriate policies that best suit the interests of the regions,” he added.
 
“More specifically, one may consider the immense potential of human development for promoting economic development in regions like Bihar and Jharkhand. The international experience shows that, for specially disadvantaged regions, human development, could indeed be an alternative development strategy.
 
“Under this strategy, it is possible for disadvantaged regions to change their comparative advantage from low skill labour-intensive goods and services to more skill-intensive goods and services provider through deliberate human development. A logical requirement of this alternative development strategy will be prioritizing investment on education beyond what would happen under 'normal' circumstances.
 
“One may also note here that education does not mean economic advantage for the educated persons alone. It has some other important advantages as well — it empowers people and also promotes their participation in both development programs and the political process,” he added.
 
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In the recent past, both the states have started doing well. Particularly Bihar has shown the way in implementation of many social development schemes. The growth performance of Bihar economy has been steady over the past one decade registering an annual growth rate at 10.5%. This is a remarkable achievement.
 
While Bihar still remains a largely agricultural state, Jharkhand is slowly transforming itself into an economy with larger share of service sector. Governments in both the states have taken a large number of steps to speed up the transformation of the social and economic conditions of the states. I wish the people of this region all the best in their march forward.
 
The Conference was organized by the Asian Development Research Institute (ADRI) as part of its Silver Jubilee Celebrations.
 
The President said he was very happy to learn that the Asian Development Research institute (ADRI) is one of those institutions which have been active in social science research during the last 25 years. He expressed the hope that they would continue their efforts in coming years and attain new heights in their academic pursuit and simultaneously provide valuable research support to various development agencies.
 
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