Well-known economists and policy makers look at the Bihar model of development and discuss the challenges ahead. During the 1990s, Bihar failed to benefit from the acceleration in India s economic growth, principally because of a steep decline in the already low standards of governance. This changed dramatically after November 2005, when the Nitish Kumar government came to power. Within a short period of time, major initiatives were launched to improve governance, infrastructure, education,health and agriculture.Eminent economists like Amartya Sen, Kaushik Basu, Montek Singh Ahluwalia, Meghnad Desai, Shankar Acharya and Arvind Virmani analyse the remarkable turnaround witnessed by Bihar. Experts Tarun Das, Deepak Parekh, Lord Billimoria, K.V. Kamath and Isher Judge Ahluwalia speak of the opportunities and challenges ahead.