Bihar’s Rs 2.18 lakh cr FY21 budget prioritises infra boost
ECONOMY & POLICY

Bihar’s Rs 2.18 lakh cr FY21 budget prioritises infra boost

The Bihar government seemed to take a leaf out of the Union Finance Ministry’s book as it revealed a Rs 2.18 lakh crore budget for the 2021-22 fiscal in the Assembly this week, with heavy emphasis on infrastructure. While presenting the revenue-surplus budget in the House, the state government also proposed to introduce a separate department for skill development and entrepreneurship.

The state government has allocated Rs 15,227.74 crore for roads, Rs 13,264.87 crore for health and Rs 8,560 crore for the energy sector.

The largest chunk, however, went to education━Rs 38,035.93 crore was allocated to it━followed by rural development at Rs 16,835.67 crore.

An allocation of Rs 4,671 crore has been made for the second phase of the 'Saat Nischay' (“seven resolves”) programme, which was implemented in November last year.

Chief Minister Nitish Kumar had, in 2015, announced the Rs 2.7 lakh crore ‘Saat Nischay’ scheme for the first time.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Promotion of entrepreneurship, enhancement of skill, improvement of irrigation facilities, strengthening of health infrastructure, better connectivity and development of clean and prosperous villages and cities are some of the ‘Saat Nischay’ scheme's components.

Other highlights of the budget included proposals for setting up universities to impart higher learning in medical, engineering and sports departments.

Rajgir, one of the state's most popular tourist destinations, has been proposed as the sports university site besides an international cricket stadium and sports academy.

The state also announced the installation of solar street lights in village roads under the second phase of the ‘Saat Nischay’ scheme, for which Rs 150 crore has been allocated.

Image: Roads and rural development are good platforms for project-seekers.


Also read: Infra budget sought, infra budget granted

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Bihar government seemed to take a leaf out of the Union Finance Ministry’s book as it revealed a Rs 2.18 lakh crore budget for the 2021-22 fiscal in the Assembly this week, with heavy emphasis on infrastructure. While presenting the revenue-surplus budget in the House, the state government also proposed to introduce a separate department for skill development and entrepreneurship. The state government has allocated Rs 15,227.74 crore for roads, Rs 13,264.87 crore for health and Rs 8,560 crore for the energy sector. The largest chunk, however, went to education━Rs 38,035.93 crore was allocated to it━followed by rural development at Rs 16,835.67 crore. An allocation of Rs 4,671 crore has been made for the second phase of the 'Saat Nischay' (“seven resolves”) programme, which was implemented in November last year. Chief Minister Nitish Kumar had, in 2015, announced the Rs 2.7 lakh crore ‘Saat Nischay’ scheme for the first time.4th Indian Cement Review Conference 202117-18 March Click for event info Promotion of entrepreneurship, enhancement of skill, improvement of irrigation facilities, strengthening of health infrastructure, better connectivity and development of clean and prosperous villages and cities are some of the ‘Saat Nischay’ scheme's components. Other highlights of the budget included proposals for setting up universities to impart higher learning in medical, engineering and sports departments. Rajgir, one of the state's most popular tourist destinations, has been proposed as the sports university site besides an international cricket stadium and sports academy. The state also announced the installation of solar street lights in village roads under the second phase of the ‘Saat Nischay’ scheme, for which Rs 150 crore has been allocated.Image: Roads and rural development are good platforms for project-seekers. Also read: Infra budget sought, infra budget granted

Next Story
Real Estate

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Next Story
Real Estate

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Next Story
Infrastructure Urban

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement