Thursday, December 16, 2010

Bihar ministers to go public with their assets -Patna, December 16, 2010

Bihar ministers to go public with their assets

Press Trust Of India

Patna, December 16, 2010

First Published: 16:18 IST(16/12/2010)

Last Updated: 16:21 IST(16/12/2010)int

All the 29 NDA ministers in Bihar will declare their assets by the end of this month, deputy chief minister, S K Modi said on Thursday. "We have received letter from chief minister to declare the assets by December 31. We are in the process of submitting the details to CM," Modi told reporters in Patna. He said the assets of the ministers would be made public and also posted on the government website.

Announcing his commitment to the war against corruption, Kumar had recently announced that he would ask his ministerial colleagues to declare their assets and scrap the funds allocated for the local area development schemes of MLAs and MLCs in Bihar.

Modi further said, to kick start the industrialisation process, a new industrial policy would replace the existing Industrial Promotion Policy, 2006, which is set to expire on March 31, 2011. "The existing will be extended by another three months till the new industrial policy would be formulated," he said. The minister also sais that emphasis would be laid on making the Industrial Promotion Board and single window system more effective and entrepreneur friendly.

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