Appreciated by Bihar Chief Minister Nitish Kumar ₹A budget of Rs 3.47 lakh crore promises development with justice and a projected growth rate of 14.9%.
After presenting the Bihar state budget, Chief Minister Nitish Kumar on Tuesday called it ‘inclusive and growth oriented’, adding that it is based on development with justice.
CM Nitish Kumar said that the industries will witness promotion after the budget presentation and it will fulfill the goals of providing opportunity to every family, skill development of every youth and empowerment of women. (ANI)The chief minister took to social media platform X to express his views on the value of the state budget ₹3.47 lakh crore, which was presented by Vijendra Prasad Yadav who mentioned Bihar Progress was being made at a brisk pace and the estimated growth rate for the current financial year was an astounding 14.9 percent.
“The budget for the financial year 2026-27, presented on Tuesday, is committed to fulfilling the vision of a developed Bihar. Based on the principle of development with equity, the budget takes care of all sectors and all sections of the society, including farmerEntrepreneurship, Youth and Women. It is a comprehensive, inclusive and growth-oriented budget,” Kumar wrote in X.
Bihar Budget 2026-27 Top Points:Bihar Finance Minister Vijendra Prasad Yadav presented the state budget on Tuesday, February 3, 2026.The budget was set for the fiscal year 2026-27 ₹3.47 lakh crore which has increased ₹30,000 crore from last year.In the words of the Chief Minister of Bihar Nitish KumarBihar’s growth rate for the financial year 2026-27 is estimated at 14.9 percent. The Chief Minister also added that the budget will help in achieving the programs/schemes implemented by the government under Sat Shumya 3 (Seven Solutions).
“We have set a target of providing jobs and employment to one crore youth by 2030. The work of providing jobs and employment to the youth through proper management of the state’s financial resources has already started,” the Chief Minister wrote on social media platform X (formerly Twitter).Arrangements have also been made to provide financial assistance under the Chief Minister’s Women’s Employment Scheme ₹2 lakhs for employment of one woman per family.The Chief Minister said that the industries will witness promotion after the budget presentation and it will fulfill the goals of providing opportunities to every family, Skill development For the empowerment of every youth and woman.Nitish Kumar also said, Dr Budget of Bihar 2026-27 will play an important role in accelerating the pace of growth of the state’s economy.
“With the proper management of the state government’s own financial resources, the development of Bihar will be accelerated. The central government is also providing full support to the development of Bihar. In the coming years, Bihar will be among the most developed states in the country”, wrote the Chief Minister.Bihar Deputy Chief Minister, Samrat Chowdhury Said the state budget fulfilled the hopes and aspirations of the people and presented a “clear roadmap for a developed Bihar”, news agency PTI quoted his statement as saying.
“The budget has been prepared keeping in mind the interests of the 14 crore people of Bihar. It reflects the steadfast and sincere commitment of the NDA government towards social justice, economic progress and inclusive development,” he said.State BJP president Sanjay Saraogi said this budget will take forward the development of the state and strengthen basic infrastructure besides focusing on every section of society including students, farmers, entrepreneurs, youth and women.
“This budget will not only appreciate the Prime Minister Narendra ModiThe vision of ‘Sabka Saath, Sabka Vikas’, but Nitish Kumar’s leadership will lead Bihar to prosperity. This budget will play an important role in promoting inclusive growth in Bihar’s economy,” Saraogi said.Senior Rashtriya Janata Dal Leader Bhai Virendra Nitish Kumar slammed the government’s budget, accusing it of repackaging old schemes initiated by the NDA Mahagathbandhan.
“There is nothing new in the budget for the people of the state. The budget ignores important issues like inflation, unemployment and social security. Mahagathbandhan distribution,” complained Virendra.Soumili Roy is a journalist with Hindustan Times who covers national and international issues. An alumnus of the Asian College of Journalism (ACJ), Soumili has a keen interest in covering national news with an emphasis on politics and crime. Outside of work, you can find him reading fiction, true crime series or even more Alo will be seen engrossed in dancing to his beloved Kathak beats.Read more
