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

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
Resources

IGBC Pune’s Green Sabha Guides Industry on Low-Carbon Growth Choices

Pune, 15 September 2025: The Confederation of Indian Industry’s IGBC Pune Chapter, successfully hosted the Green Sabha at PYC Gymkhana, Pune. This focused stakeholder sensitization event convened over leading architects, developers, manufacturers, and technology experts to raise awareness on the power of green products, materials, and technologies in reducing the carbon footprint of Pune’s construction and real estate sector.  From September 8-13, 2025, CII IGBC is celebrating World Green Building Week to highlight the vital role of sustainable buildings in creating resilient futures for..

Next Story
Resources

Inspira Realty Names Om Ahuja as CEO to Lead Growth Strategy

Inspira Realty, one of Mumbai’s fastest-growing developers with a strong presence in premium residential, redevelopment, and industrial projects, has appointed Om Ahuja as its Chief Executive Officer. With over 25 years of leadership experience across real estate, infrastructure, hospitality, banking, financial services, and wealth management, he has a proven track record of driving profitability and delivering large-scale projects across India and global markets.   Prior to joining Inspira Realty, Om was Managing Director – Mumbai at Colliers, where he led strategic growth ..

Next Story
Infrastructure Energy

Polycab Launches 350kW Utility Solar Inverter in Tamil Nadu

Polycab India, one of the country’s leading manufacturers of electrical goods, has launched its UT Series 350kW three-phase string inverter in Tamil Nadu. Designed for utility-scale solar projects, the inverter aims to enhance profitability, grid reliability, and operational efficiency for large installations. With over nine years of expertise and more than 1.5 GW of solar inverter supplies across India, Polycab’s UT Series offers advanced safety features, high efficiency, and robust weather resilience. It ensures maximum energy yield while reducing operational costs and improving lon..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?