Bihar's 2025-26 Budget to be Presented Today
The Bihar Legislative Assembly will present the budget for the fiscal year 2025-26 today. Deputy Chief Minister Samrat Chaudhary will present the budget for the second time, with significant announcements expected for youth, women, and farmers.
Bihar Budget 2025: The budget, prepared under the leadership of Deputy Chief Minister and Finance Minister Samrat Chaudhary, is likely to prioritize employment generation, basic infrastructure development, and welfare schemes. Being an election year, the government may make significant announcements to garner public support.
Government's Commitment to the Poor, Women, and Youth
Chief Minister Nitish Kumar's government has long been striving for the welfare of the poor, marginalized, women, and youth. This budget is expected to include new initiatives focused on these groups. The government aims for these projects to directly benefit the public and contribute to the state's economic prosperity.
Focus on Employment and Basic Infrastructure
The budget will prioritize employment generation. The government has already increased its employment target from 1 million to 1.2 million. Additionally, the recruitment process for 80,000 new positions across various government departments is underway, and formal announcements may be made during the budget presentation.
Increased budgetary allocations are expected for road construction, bridges, and strengthening basic infrastructure. The development of new roads and improved electricity infrastructure under rural development plans will be expedited.
Special Provisions for Women and Farmers
The government may introduce new schemes to empower women. Increased financial assistance for "Jivica Didis" (women self-help groups) and a special package for women from Scheduled Castes and Scheduled Tribes are possibilities.
In addition to affordable electricity for farmers, agricultural-based industries may receive tax breaks. The state government is planning to expand air connectivity under the central government's UDAN scheme.
Welfare Schemes May Receive Increased Funding
The budget for social security schemes for impoverished families may be increased. The government is considering a plan to provide financial assistance of ₹200,000 to over 9.4 million poor families. An increase in social security pensions is also possible.
Increase in Salary and Grant Allocations
The budget may include significant allocations for salaries and allowances of government employees. Due to new recruitments, an annual increase of ₹120 billion in salary expenditure is anticipated.
Bihar May Receive a Budget of ₹3.15 Trillion
Bihar's budget for the current fiscal year (2024-25) was ₹2.78 trillion. This year, it is expected to increase to around ₹3.15 trillion. The government aims to use this budget to boost Bihar's economic growth and provide maximum benefits to the public.
