The correct answer is: Attract investment in manufacturing.
The Bihar Industrial Investment Promotion Policy (BIIPP) is a government policy that aims to promote industrial investment in the state of Bihar. The policy was announced in 2016 and has since been implemented with the goal of attracting new businesses and creating jobs in the state.
The BIIPP offers a number of incentives to businesses that invest in Bihar, including tax breaks, land subsidies, and access to government support services. The policy has been successful in attracting a number of new businesses to the state, including companies from the manufacturing, IT, and services sectors.
The BIIPP is an important part of the state government’s efforts to promote economic development in Bihar. The policy has the potential to create thousands of new jobs and boost the state’s economy.
The other options are incorrect because:
- The BIIPP does not focus on traditional agriculture only. In fact, the policy specifically encourages investment in the manufacturing sector.
- The BIIPP does not promote tourism exclusively. The policy offers incentives to businesses in a variety of sectors, including manufacturing, IT, and services.
- The BIIPP does not neglect the service sector. The policy offers incentives to businesses in the service sector, including tax breaks and access to government support services.