Rural Business Hub Initiative in Bihar

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Rural Business Hub Initiative in Bihar has been started by the government of the state in order to encourage economic growth in the rural areas of the state. The Confederation of Indian Industry (CII) and Ministry of Panchayat Raj have set up RBH in Bihar jointly.

Rural Business Hub Initiative in Bihar is a Public Private Panchayat Partnership (PPPP). The main aim of Rural Business Hub Initiative in Bihar is to encourage the member companies of CII to set up their industries in the rural areas of the state.

This will help in setting up direct link between the industry and rural economy. The member companies of CII establish their companies in the rural areas of the state according to the local skills and local communities. The main objectives of Rural Business Hub Initiative in Bihar are to encourage sustainable economic activity in the rural areas of the state.

Further the main objectives of Rural Business Hub Initiative in Bihar is to improve the resources that are available locally and to manufacture goods of such standard and quality that are internationally and nationally accepted. Also the main objectives of Rural Business Hub Initiative in Bihar are that the industry would directly procure agricultural products from the farmers. For this will remove the middle men who make most of the money while the farmers get very less returns for their products. The fulfillment of the various objectives of the Initiative of Rural Business Hub in Bihar will greatly speed up the economic development of the rural areas of the state, which is at present in a very poor condition.

The various reasons for the establishment of Rural Business Hub Initiative in Bihar are that the exiting infrastructure is weak, farming and farms are fragmented, lack of grading and standardization, several layers of intermediaries, and the market linkages are poor. All these are the reasons for the poor condition of the rural people in Bihar. Thus Rural Business Hub Initiative in Bihar has been set up in order to do away with all these evils in the rural areas.

The various advantages of Rural Business Hub Initiative in Bihar are that it has helped in setting up more and more industries in the rural areas of the state. Further the advantages of Rural Business Hub Initiative in Bihar are that it has helped in increasing the employment opportunities in the rural areas of the state. Also it has helped in improving the infrastructure of the rural areas by setting up R&D centers, soil testing units, vermi-composting laboratories, cold storage facilities, tissue culture laboratories, demonstration and model farms, and biocontrol units.

The member companies of CII which are part of Rural Business Hub Initiative in Bihar are also providing help in the form of giving information about the latest technology, agricultural inputs, quality and standardization enhancement measures, marketing and branding, skill and training development, latest farming practices, and doing away with activities that are not adding any value. All this has proved to be advantageous for the rural people in the state of Bihar for there are earning more money through improved quality, less transaction cost, increased yields, and entrepreneurship development.

Rural Business Hub Initiative in Bihar thus has greatly improved the economic condition of the rural people in the state of Bihar. But even then the condition of the people in the rural areas of Bihar is very poor. The government of the Bihar state thus should make determined efforts to boost the Rural Business Hub Initiative in Bihar. For only then will the Initiative of Business Hub in Bihar will be able to fulfill all its objectives. This in its turn will really boost the economic condition of the people in the rural areas of Bihar.

To get more details on the operations of the Rural Business Hub in Bihar, contact details is as follows-

Mr Chandan Priyadarshi
Confederation of Indian Industry
M 3/24, S K Puri, Near Basawan Park,
Patna-800001 (Bihar)

Tel: 0612-6450301
Fax: +91 124 4014080
Email: alka.chaudhary@ciionline.org

last Updated 25/05/2011