State industries ministerSyed Shahnawaz Hussainon Wednesday said the will soon come up with a new textile policy to promote manufacturing and trade in the sector.
Addressing the annual meeting of Confederation of Indian Industry (CII) here, Shahnawaz said the textile sector inBiharhas immense potential. He also claimed that the state has received industrial Investment proposals worth Rs 40,000crore in the last one year and many big industrial units will be launched here in the next two months.
Even though India is the sixth largest economy in the world, it’s Human Development index rank is 131 out of 189 countries and territories. There has been improvement in the country in other sectors, but there has not been much advancement in healthcare. Due to this, the industries minister held a meeting with a group of doctors, a few days before the budget session and decided to increase the allocation of Health-sector”>Health sector in state budget from 3% to 6.79%.