Do our states have the mettle?
ECONOMY & POLICY

Do our states have the mettle?

As intensity of crisis hits the Centre, the central command increasingly abdicates responsibility and decision-making ability to the states. This has been witnessed during the COVID crisis and now with the mounting disaster of its virulent second wave. As stated in this column in the past, states hold the key to India’s economic growth. Dynamic chief ministers and their able finance ministers can do a jugalbandi like Narsimha Rao-Manmohan Singh and turn around the fortunes of their states.

In the past, we have seen Nitish Kumar do this in Bihar as his government constructed roads in the state at breakneck speed and brought in prosperity. The state, which used to be notorious for its potholed roads or no roads in most areas, today boasts 27,000 km of state highways and district roads and 96,417 km of rural roads, all accomplished in the past 15 years. Bridges have enabled better access for people all over the state. Bihar is now a power-surplus state and villages have electricity supply. There is hardly any area in the state that does not get 20 hours’ power supply. ‘Har Ghar Nal Ka Jal’, the piped water supply scheme, has now provided further convenience to its citizens. Bihar was poised for double-digit growth if it not been for the pandemic though as per the state’s estimates it is likely to increase its share in India’s GDP.

Although all states are staring at deficits, some states like Uttar Pradesh, West Bengal, Madhya Pradesh and Rajasthan indicate an expansion in FY21. The speed with which a state can grapple and then normalise its healthcare, business and commerce will decide the fate of the next two years.

Read the full story here

As intensity of crisis hits the Centre, the central command increasingly abdicates responsibility and decision-making ability to the states. This has been witnessed during the COVID crisis and now with the mounting disaster of its virulent second wave. As stated in this column in the past, states hold the key to India’s economic growth. Dynamic chief ministers and their able finance ministers can do a jugalbandi like Narsimha Rao-Manmohan Singh and turn around the fortunes of their states. In the past, we have seen Nitish Kumar do this in Bihar as his government constructed roads in the state at breakneck speed and brought in prosperity. The state, which used to be notorious for its potholed roads or no roads in most areas, today boasts 27,000 km of state highways and district roads and 96,417 km of rural roads, all accomplished in the past 15 years. Bridges have enabled better access for people all over the state. Bihar is now a power-surplus state and villages have electricity supply. There is hardly any area in the state that does not get 20 hours’ power supply. ‘Har Ghar Nal Ka Jal’, the piped water supply scheme, has now provided further convenience to its citizens. Bihar was poised for double-digit growth if it not been for the pandemic though as per the state’s estimates it is likely to increase its share in India’s GDP. Although all states are staring at deficits, some states like Uttar Pradesh, West Bengal, Madhya Pradesh and Rajasthan indicate an expansion in FY21. The speed with which a state can grapple and then normalise its healthcare, business and commerce will decide the fate of the next two years.Read the full story here

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->