Showing posts with label Bihar. Show all posts
Showing posts with label Bihar. Show all posts

Wednesday, April 21, 2010

How Bihar Overcame The Jungle Raj

We know that growth rates should be taken with a big grain of salt. Still, when an Indian state like Bihar -- not exactly the poster child for economic development -- clips an average growth rate of 11% over the past years 5 years it is worth finding out how they did it.

Turns out they changed little things and that had a huge impact. By the way, 11% that's two-and-a-half times our growth rate since July 2005.