Wednesday, October 31, 2007

Bihar bonds to rebuild flood damaged infrastructure

To rebuild Bihar present Govt must have a financial tool for Non resident Bihari . After 10 years on Internet and last 5 years with various e-Bihari groups , I am 100 % sure - Bihar can be build or rebuild with Non Resident Bihari support .

It is said that there are more than 5 crores Bihari living outside the Bihar and almost all spent approx Rs 1000 per year on travelling i.e. Rs500 crores to railways fom Bihar per year . If calculated prperly this amount can go upto Rs 2500 crores .

Its all indicate first generation non resident Bihari emotional attachments with thier Native .
I can remember - when i was in my childhood - how NRBs used to invest in Bihar only in terms of purchasing lands in thier native etc , Even today SIWAN district of Bihar receives highest non of moneorders . If non resident keralites can invest in Kerala then why not desperate Bihari .

I fear after 10-20 years second generation of NRBs won't have that degree of emotional attachment with Bihar .

So , Sri Nitish Kumar must find a financial tool to attract Non Resident Bihari money in Bihar.

Ranjan Rituraj Sinh , NOIDA

1 comments:

KA said...

this is a cool idea. Mukhiyajee. I have been sharing this idea with my friends for almost an year that the day Bihar Bond comes up, will like to invest. Since I have no understanding of "stock market" or "real estate". However have experience of "Bonds" from prior role at GE and would also be able to analyze "Bihar Bond" well enough to invest 30% of my savings there. Waise abhi saving to hai hi nahin. But next year when when our book and business ideas comes to market am sure "Ambani", "Gates" might start get nervous.