Finance Minister Unveils State Budget in Bihar Assembly

Bihar Finance Minister Vijayendra Yadav presented the state budget for the financial year 2026-27 in the Bihar Legislative Assembly on Tuesday. The total budget outlay stands at ₹3.47 lakh crore, marking an increase from last year’s ₹3.17 lakh crore.

The budget highlights enhanced allocations for key sectors including women’s welfare, agriculture, education, and employment, indicating the state government’s continued focus on social and economic development.

Increase in Budget Allocation Over Previous Year

The ₹3.47 lakh crore budget marks a significant expansion in financial planning compared to the previous fiscal year. The Finance Minister noted that the increase reflects the state’s ongoing efforts to accelerate infrastructure development and improve citizen welfare across multiple sectors.

Focus on Women-Centric Programmes

A substantial portion of the 2026-27 budget is directed towards initiatives aimed at empowering women. The state plans to strengthen existing welfare schemes and introduce new measures to promote gender equality, improve healthcare and education access for women, and enhance self-employment opportunities.

Emphasis on Agriculture and Rural Development

Agriculture continues to be a major priority for Bihar, with enhanced budgetary provisions to support farmers. Key initiatives include increased funding for irrigation facilities, farm mechanisation, and access to agricultural credit. Efforts will also be made to improve rural infrastructure and expand farmer training programmes.

Strengthening the Education Sector

The education sector receives a significant boost in the new budget, with increased allocations for school infrastructure, teacher training, and digital learning. The state aims to reduce dropout rates and improve quality of education, particularly in rural and backward areas.

New schemes are expected to promote technical and higher education, including scholarships for underprivileged students and upgraded facilities in government colleges and universities.

Employment Generation and Skill Development

In a bid to tackle unemployment, the Bihar government has proposed major investments in skill development and vocational training. Job-oriented programmes are planned to support youth employment, including partnerships with private industries, start-up support, and expansion of existing training centres.

Government departments will also be encouraged to create new positions and streamline recruitment processes, especially in health, education, and public works.

Infrastructure and Social Welfare Commitments

The 2026-27 budget continues to prioritise the development of roads, housing, drinking water, and electricity, particularly in rural and semi-urban regions. Funds have also been allocated to strengthen welfare schemes for senior citizens, persons with disabilities, and other vulnerable groups.

With the introduction of the new budget, the Bihar government reiterates its commitment to inclusive growth and administrative reforms aimed at transparent governance.

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