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

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?