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

24 Feb 2021 CW Staff

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

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..