What are the development plans made by FM for Bihar in the union budget 2025?What are the development plans made by FM for Bihar in the union budget 2025?

In her Union Budget presentation for 2025-26, Finance Minister Nirmala Sitharaman announced a range of initiatives focused on boosting Bihar’s economic development, infrastructure, and agricultural growth. These measures are aimed at creating more job opportunities, improving infrastructure, and supporting the state’s farmers and businesses. Below are the key takeaways from the Budget concerning Bihar’s development.

National Institute of Food Technology in Bihar

The government will establish a National Institute of Food Technology, Entrepreneurship, and Management in Bihar. This initiative is designed to boost food processing in the eastern region, providing employment, skilling opportunities, and increased farmer incomes through value addition to agricultural produce.

Makhana Board to Boost Agricultural Economy

A Makhana Board will be set up in Bihar to improve the production, processing, value addition, and marketing of Makhana, a key crop in the state. This initiative aims to enhance the agricultural economy and offer growth prospects for local farmers and businesses.

Expansion of IIT Patna

To support growing educational needs, the government will expand IIT Patna by adding infrastructure to accommodate 6,500 more students. This expansion will improve research facilities and help meet the increasing demand for technical education in the region.

Western Kosi Canal ERM Project

The Western Kosi Canal ERM project is set to help farmers in Bihar’s Mithila region by enabling the cultivation of over 50,000 hectares of land. This project is expected to improve agricultural productivity and benefit a large number of farmers in the region.

Infrastructure Growth: New Airports and Expansion

New greenfield airports will be developed in Bihar, while Patna airport will be expanded to handle increased traffic. Bihta will also get a brownfield airport, improving connectivity across the state and supporting economic growth.

Bihar’s Demands and Budget Allocations

Bihar’s Deputy Chief Minister Samrat Choudhary submitted a memorandum requesting funds for flood management, airport upgrades, and new infrastructure projects. The state also sought support for 10 new Kendriya Vidyalayas and a 1% relaxation in its Gross State Domestic Product for additional borrowing.

Previous Allocations and Future Requests

The Union Budget 2024-25 had allocated Rs 59,000 crore for road connectivity, power, and flood management in Bihar. However, Chief Minister Nitish Kumar reiterated the demand for special category status (SCS) or a special package to address the state’s ongoing development needs.

Finance Minister’s Vision for Bihar and India’s Future Economic Growth

On Economic Growth:
“Our economy is the fastest-growing among all major global economies. Our development track record of the past 10 years and structural reforms have drawn global attention. Confidence in India’s capability and potential has only grown in this period. We see the next five years as a unique opportunity to realise ‘Sabka Vikas’, stimulating balanced growth of all regions,” said the Finance Minister.

On Private Sector Investments:
“Budget aims to invigorate private sector investments, uplift household sentiments, and bolster the power of India’s rising middle class,” she added.

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