PATNA: In pursuance of an initiative taken by PM Manmohan Singh, a special task force on Bihar has been constituted in the Planning Commission on issues relating to the economy of Bihar, its finances, governance and possible development strategies.
The former director and chief economist, Asian Development Bank and ex-chairman, Bihar State Finance Commission, Satish Chandra Jha has been made chairman of the task force.
The member secretary of the Planning Commission Rajiv Ratna Sah has already issued a notification to this effect.
The six members of the team are Saurav Srivastava, founder president of NASSCOM and ex-chairman of Xansa India Limited; Rajender Singh, ex-chairman NTPC; R K Sinha, former member UPSC and ex-industry secretary, Bihar; former deputy director general at ICAR P V Dehadrai; Nachiket Mor, executive director, ICICI bank, Mumbai and
Tarun Das, representative of CII.
The task force will submit an interim report within three months. The final report will have to be prepared within six months, said member secretary Shah in an official notification.
According to official sources, on the recommendation of the task force, the Planning Commission may appoint consultants for specific periods, in accordance with the prescribed guidelines, to carry out specific technical task such as data collection, collation and analysis.
The Planning Commission will be the nodal agency for the task force for inistrative, logistic and budgeting purposes. The Planning Commission will also make necessary arrangements for providing required office space, equipment and secretarial staff.
As per the terms of reference of the task force, it would submit quarterly reports to the deputy chairman and the Prime Minister for review and appropriate action.
It would analyse issues relating to the state of the economy of Bihar, sources of finances locally, nationally and globally- to fund the development of Bihar.
The task force would outline measures for expeditious implementation of on-going and new schemes; effective utilisation of state, Central and other institutional funds and steps required to attract more funds for development of the state.
It would also examine issues pertaining to governance, identifying constraints and suggest improvement for more their effective implementation.
The task force would also develop suitable mechanism for effective dialogue between the government of India and the government of Bihar.