'Welfare Trap': Ruchir Sharma Believes Bihar Is Struggling To Find Next Growth Model
Published on: Nov. 7, 2025, 11:08 p.m. | Source: NDTV Profit
Ruchir Sharma has said that Bihar seems to be stuck in a "welfare trap" ahead of the 2025 state elections. Speaking to NDTV's Editor-In-Chief Rahul Kanwal, Sharma said growth has stalled in the state for the last 10 years. Sharma, who is the head of Rockefeller Capital Management's international business, said after all these years of promise, Bihar is still India's "poorest state."
