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Bihar Chamber of Commerce 75th Anniversary

Bihar Chamber

Technical Data

Date of Issue October 28, 2002
Denomination Rs. 4
Quantity 800,000
Perforation Syncopated 13 x 13¼
Printer Calcutta Security Printers Ltd
Printing Process Offset Lithography
Watermark No Watermark
Colors Multicolor
Credit (Designed By) Shri Kamleshwar Singh
Catalog Codes

Michel IN 1923

Stamp Number IN 1974

Yvert et Tellier IN 1688

Stanley Gibbons IN 2089

WADP Numbering System - WNS IN034.02

Themes

A Pillar of Economic Development

The Bihar Chamber of Commerce (BCC) has played a significant role in shaping the economic and social landscape of Bihar. Its journey reflects a sustained commitment to building a strong regional economy while contributing to the broader goal of national development. The completion of its Platinum Jubilee marks an important milestone in its history.

Historical Context of Commerce in India

The roots of organized commerce in India go back to ancient times. During the Indus Valley Civilization (circa 2300 B.C.), trade was a key driver of prosperity and urban development. Later, in the Mauryan Empire (3rd century B.C.), organized guilds of traders and artisans emerged.

These guilds:

  • Regulated trade practices
  • Protected the interests of traders and consumers
  • Functioned as early models of modern chambers of commerce

Formation and Vision of BCC

Established in 1926, the Bihar Chamber of Commerce was founded to represent the interests of the business community while maintaining a broader vision of social responsibility and public welfare.

Inspired by the ideals of Mahatma Gandhi, particularly his concept of trusteeship, the Chamber has consistently emphasized that the benefits of economic growth should reach all sections of society.

Role in Economic Development

The BCC has actively contributed to the economic growth of Bihar by:

  • Promoting trade and industry
  • Supporting and popularizing government policies
  • Acting as a bridge between the government and the business community
  • Channelizing private sector expertise for public benefit

A notable achievement was its role in establishing the Magadh Stock Exchange in Patna, which helped strengthen the financial infrastructure of the region.

Social Contributions

Beyond economic activities, the Chamber has demonstrated a deep commitment to social causes:

  • Providing relief during natural disasters and calamities
  • Supporting national security efforts
  • Promoting literacy and employment generation
  • Working towards the eradication of untouchability and social evils

Its non-political approach has enabled it to collaborate effectively with academic institutions and other organizations for holistic development.

Legacy and Recognition

The Bihar Chamber of Commerce stands as an example of how trade organizations can contribute not only to economic growth but also to social transformation and nation-building.

In recognition of its contributions, India Post issued a commemorative postage stamp, celebrating the Chamber’s enduring legacy and its role in shaping a stronger and more inclusive economy.

Conclusion

The story of the Bihar Chamber of Commerce highlights the importance of responsible entrepreneurship and collective effort. By balancing economic ambitions with social responsibility, the Chamber continues to play a vital role in the progress of Bihar and India as a whole.

First Day Cover

he-Bihar-Chamber-of-Commerce
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