Saturday , November 14 2026

Historic budget of ₹3.66 lakh crore for Bihar, gift of 1 crore jobs to the youth and the dream of smart village.

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News India Live, Digital Desk: Nitish Kumar government of Bihar has opened its ‘box’ for the financial year 2026-27 in the Assembly today. finance minister Bijendra Prasad Yadav in the House at 2 pm ₹3,66,132 crore Presented a huge budget of Rs. This budget is not only the biggest ever in the history of Bihar, but it also makes a series of big announcements for the youth, women and farmers along with the roadmap for ‘Developed Bihar’.

1. ‘Grand-blueprint of employment’ for youth: Target of 1 crore jobs

The biggest attraction of the budget was the employment scheme announced for the youth. The Finance Minister announced that in the next 5 years in the state 1 crore new employment and jobs Opportunities will be created.

Government Recruitment: The process will be expedited to fill the vacant posts in various departments.

Promotion of Entrepreneurship: The limit of subsidy and loan available to new startups under ‘Mukhyamantri Yuva Udyami Yojana’ has been increased.

2. ‘Empowerment Budget’ for women: From livelihood to free education

Nitish government has taken special care of its biggest vote bank ‘half the population’.

Jeevika Didis: New ‘skill centres’ will be opened for 1.40 crore Jeevika Didis of the state.

Virgo Upliftment: There is a proposal to increase the scholarship amount for daughters pursuing higher education.

Security: Modern hostels will be constructed for working women in every division.

3. ‘Smart Village’ and infrastructure revamp

On the lines of smart cities, emphasis is now being laid on making the villages of Bihar ‘smart’.

Free Solar Light: Allocation of ₹2,500 crore for installing solar street lights in the streets of every village under Saat Nishchay-2.

Connectivity: Funds have been released to accelerate the construction of Patna-Purnia and Buxar-Bhagalpur Expressway.

Railway: The state government will increase its cooperation in land acquisition for Varanasi-Howrah bullet train (via Bihar).

4. Health and education: Record allocation of 25%

A large part of the budget has been kept for infrastructure.

Medical College: Target to build at least one medical college and hospital in every district of the state.

Digital Classroom: Government schools will be fully equipped with digital classrooms and high-speed internet.

Opposition’s uproar in the House and ‘political heat’

During the budget speech, opposition parties RJD and Congress raised slogans. Supporters of the Leader of Opposition came and demonstrated in Well demanding unemployment and special status. However, the Finance Minister continued his speech amid the uproar and pointed out that Bihar’s growth rate (13.1%) is much better than the national average.