Finance Minister Nirmala Sitharaman presented the Union Budget on Saturday, with a significant focus on Bihar. Key announcements included the establishment of a Makhana Board, financial assistance for the Western Kosi Canal, expansion of IIT Patna, and the development of greenfield airports. These announcements are crucial, especially with the upcoming state assembly elections in Bihar, where the ruling coalition consists of the Janata Dal (United) and the BJP.
Key Announcements for Bihar
- Makhana Board: A dedicated board will be established to boost makhana production, processing, and marketing using advanced technology.
- Greenfield Airports: New airports will be developed, along with the expansion of Patna Airport.
- Western Kosi Canal Project: A large-scale irrigation project covering 50,000 hectares in the Mithilanchal region.
- National Food Technology Institute: A new institute will be set up to enhance food processing capacities in the eastern region.
- IIT Patna Expansion: Expansion of hostels and other infrastructure at IIT Patna.
Detailed Insights into Budget Announcements
Establishment of Makhana Board
The Finance Minister emphasized that the Makhana Board will provide a unique opportunity for Bihar’s farmers. It will focus on improving production, processing, value addition, and marketing. Farmers engaged in makhana cultivation will be organized under Farmer Producer Organizations (FPOs), ensuring they receive government benefits, training, and financial support.
National Food Technology, Entrepreneurship, and Management Institute
In line with the government’s commitment to ‘Purvodaya’ (development of the eastern region), a National Food Technology, Entrepreneurship, and Management Institute will be established in Bihar. This initiative aligns with efforts to foster comprehensive development in Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh. The institute will support food processing industries, enhance value addition for farmers, and create employment opportunities through skill development and entrepreneurship training.
Development of Greenfield Airports
To cater to Bihar’s growing aviation needs, the government will develop greenfield airports in the state. Additionally, the existing Patna Airport will be expanded, and a brownfield airport in Bihta will be developed to enhance connectivity and infrastructure.
Western Kosi Canal Project
A major irrigation initiative, the Western Kosi Canal Project, will receive financial support. This project will benefit over 50,000 hectares of farmland in the Mithilanchal region, boosting agricultural productivity and improving the livelihoods of farmers.
IIT Patna Expansion
Recognizing the growing demand for higher education, IIT Patna will see an expansion in infrastructure, including new hostels and additional facilities to accommodate more students.
Previous Budget Highlights
In the July 2024 budget, the central government allocated over ₹60,000 crore for various projects in Bihar. Key investments included three expressway projects, a power plant, heritage corridors, and funding for new airports and sports infrastructure. These initiatives reflect the government’s commitment to the state’s development.
Conclusion
The 2025-26 budget outlines a strategic vision for Bihar’s progress, addressing key areas like infrastructure, agriculture, education, and aviation. These initiatives aim to uplift the state’s economy, enhance employment opportunities, and provide long-term benefits to its residents.
