Lalu rubbishes claim of Bihar ready for industrial take off

Lalu Prasad poohed phooed assessment by some top industrials and bankers that Bihar was on the threshold of take off stage for industrial development.

Updated: Sep 18, 2012, 20:14 PM IST

Patna: RJD Supremo Lalu Prasad Tuesday phooed poohed assessment by some top industrials and bankers that Bihar was on the threshold of take off stage for industrial development.

"Where is the infrastructure and electricity required for industrial activities?" Prasad asked.

He wondered why Bihar State Industrial Investment Advisory Council (BSIIAC) members comprising top industrialists and bankers were creating a hype about law and order situation and industrial development under the NDA dispensation and asked them to assess ground reality by forsaking comforts of the AC venue.

The visiting industrialists and bankers enjoyed a visit to Bihar paid by the state government and were bound to say something in praise of their hosts, the RJD supremo said sarcastically.

There was nothing like the peaceful law and order situation nor was there any industrial development taking place in the state during the NDA rule, he said.

The problems like land acquisition, power and corruption in the corridors of powered continued to dog the potential investors, he said.

There has been no let up in crime and violence against the downtrodden, women and minorities and the people have taken to street to vent their ire, Prasad said adding even the National Crime Record Bureau (NCRB) figures has shown the surge in crime graph.

On the BSIIAC pat to the Nitish Kumar government for taking Bihar to the take off stage of industrial development, he said that the latter invited the top bankers and industrialists to boost his electoral prospects by throwing yet another `lollipop` to the people in the run up to the parliamentary polls.

Kumar had hosted an identical meeting of the bankers and industrialists ahead of the last assembly polls and made them sing paeans in his favour that worked wonders for him in the elections, the RJD supremo said.

The Chief Minister, by hosting the bankers and industrialists and pressing for special category status demand, was trying to hide the failures of his government on all fronts and create a positive atmosphere for the NDA in the run up to the next parliamentary polls, he said.

A galaxy of top industrialists and bankers like Vedanta Chairman Anil Agrawal, HDFC Bank Chairman Deepak Parekh, SBI Chairman Pratip Chaudhari, Axis Bank Chairman Shikha Sharma, ICICI Bank Non-Executive Chairman K.V. Kamath, Hindustan Unilever CEO Nitin Paranjpe, Tata Sons Director (Finance) Ishaat Hussain, SEBI Chairman U.K. Singh ITC Executive Director Kurush Grant and Britannia Industries Chairperson Vinita Bali had attended the BSIIAC meeting last week and heaped praise on the state for taking Bihar to a stage of industrial take off.