+
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
ECONOMY & POLICY

FM Unveils Major Initiatives for Bihar in 2025 Union Budget

In her eighth consecutive budget presentation in Parliament, Union Finance Minister Nirmala Sitharaman laid out a roadmap for achieving "Sabka Vikas" by ensuring inclusive growth across all regions of India. Emphasising the country’s strong economic trajectory, she highlighted India's position as the fastest-growing economy among major nations. Sitharaman underscored the government’s commitment to harnessing the potential of each region, especially as the nation heads into the next five years of growth opportunities.

The finance minister also dedicated several key initiatives aimed at boosting Bihar’s development, with the state set to head to the polls later this year. Here are the major announcements for Bihar in the 2025 Union Budget:
National Institute of Food Technology: A new institute will be established in Bihar to enhance food processing capabilities in Eastern India, which is expected to significantly boost local industries.
Makhana Board: To support the cultivation and commercialization of Makhana, a dedicated Makhana Board will be set up. The Board will focus on improving production, processing, and marketing while also training farmers and organizing them into Farmer Producer Organizations (FPOs) for better access to government schemes.
Expansion of IITs: Bihar will see an expansion in its education infrastructure with additional resources allocated to five IITs, including an expansion of IIT Patna to further develop technical education in the state.
UDAN Scheme 2.0 for Regional Connectivity: Building on the success of the UDAN scheme, the government will launch a modified version aimed at boosting regional air connectivity. This initiative will connect 120 new destinations, carry an additional 4 crore passengers over the next decade, and provide financial support for the development of smaller airports, including greenfield airports in Bihar. Additionally, the capacity of Patna and Bihta airports will be increased to meet future demand.
Support for Farmers: Financial backing will be provided for the Western Kosi Canal ERM project, aimed at improving irrigation and benefiting a large number of farmers in the Mithilanchal region.

In her eighth consecutive budget presentation in Parliament, Union Finance Minister Nirmala Sitharaman laid out a roadmap for achieving Sabka Vikas by ensuring inclusive growth across all regions of India. Emphasising the country’s strong economic trajectory, she highlighted India's position as the fastest-growing economy among major nations. Sitharaman underscored the government’s commitment to harnessing the potential of each region, especially as the nation heads into the next five years of growth opportunities.The finance minister also dedicated several key initiatives aimed at boosting Bihar’s development, with the state set to head to the polls later this year. Here are the major announcements for Bihar in the 2025 Union Budget:• National Institute of Food Technology: A new institute will be established in Bihar to enhance food processing capabilities in Eastern India, which is expected to significantly boost local industries.• Makhana Board: To support the cultivation and commercialization of Makhana, a dedicated Makhana Board will be set up. The Board will focus on improving production, processing, and marketing while also training farmers and organizing them into Farmer Producer Organizations (FPOs) for better access to government schemes.• Expansion of IITs: Bihar will see an expansion in its education infrastructure with additional resources allocated to five IITs, including an expansion of IIT Patna to further develop technical education in the state.• UDAN Scheme 2.0 for Regional Connectivity: Building on the success of the UDAN scheme, the government will launch a modified version aimed at boosting regional air connectivity. This initiative will connect 120 new destinations, carry an additional 4 crore passengers over the next decade, and provide financial support for the development of smaller airports, including greenfield airports in Bihar. Additionally, the capacity of Patna and Bihta airports will be increased to meet future demand.• Support for Farmers: Financial backing will be provided for the Western Kosi Canal ERM project, aimed at improving irrigation and benefiting a large number of farmers in the Mithilanchal region.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?