'Mining can't be only strategy'

In an exclusive conversation with Shashi Singh of The Statesman, Jharkhand Finance Minister Radha Krishna Kishore reflects on the state's 25-year journey and the path ahead.

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Known for his clear views on fiscal discipline and long-term planning, he speaks about reducing dependence on mining, strengthening agriculture and human capital, and creating a better environment for investment.Edited excerpts:

Q: Jharkhand has completed 25 years just like Chhattisgarh and Uttarakhand. In comparison to these states, where do you see Jharkhand today?

A: Our approach is straightforward. We do not focus on complaints. We work with the resources we have and aim to create a model others can learn from rather than imitate anyone else. In the early years, the state missed a few priorities. Jharkhand needed a clear revenue strategy and long-term planning for key sectors, but that clarity was lacking. Heavy reliance on contractual appointments was another setback. Regular posts were available, yet temporary arrangements became the norm, which weakened the system over time. To set the state on a stable financial path, a stronger understanding of the economy was needed. Nearly eighty per cent of the population depends on agriculture. Without adequate irrigation, productivity cannot increase. Health and education also required greater focus from the beginning.

Q: At the silver jubilee event, you praised the current leadership for its financial discipline and efficient use of resources while noting that several areas still need work. Under the planning you mentioned, which direction is the state moving in now?