Bihar takes centre stage, which state received what? – Firstpost

Bihar takes centre stage, which state received what? – Firstpost

Bihar receives important consideration in Nirmala Sitharaman’s eighth Union Funds, the second in Prime Minister Narendra Modi’s third time period, with substantial investments in agriculture, infrastructure, training, and regional connectivity

learn extra

Union Finance Minister Nirmala Sitharaman made various bulletins for various states, together with Bihar, which is ready to go to the polls later this 12 months. Among the many key initiatives for Bihar, she introduced the institution of a Makhana Board, monetary assist for the western Kosi canal and help for enhancing the capability of IIT Patna. Moreover, she unveiled particular measures for Gujarat and the Andaman and Nicobar Islands.

***

Click on right here for LIVE updates on Union Funds 2025

***

The eighth Union Funds, introduced by Sitharaman on Saturday—the second in Prime Minister Narendra Modi’s third time period—has put Bihar within the highlight with a number of transformative initiatives. Masking a large spectrum of areas from agricultural reforms to infrastructure improvement, the price range highlights Bihar’s central function in India’s financial roadmap. Right here’s a better take a look at the state-specific bulletins made within the Union Funds 2025 speech.

Makhana Board in Bihar

  • A devoted Makhana Board will probably be established in Bihar to bolster the manufacturing, processing, worth addition and advertising of makhana, a key agricultural product of the state.

  • The initiative goals to organise farmers and employees into Farmer Producer Organisations (FPOs) to reinforce collective bargaining and market entry.

  • The board will present coaching and assist to makhana farmers and guarantee they profit from all related authorities schemes.

Enhance to meals processing business

  • In step with the Purvodaya initiative, Bihar will home a Nationwide Institute of Meals Know-how, Entrepreneurship, and Administration, strengthening the state’s meals processing ecosystem.

  • This institute will catalyse greater incomes for farmers by worth addition whereas fostering entrepreneurship and employment alternatives for the youth in your complete Jap area.

Enlargement of IIT Patna

  • IIT Patna will see a big growth in its hostel and different infrastructural capacities.

  • The whole variety of college students throughout all 23 IITs has doubled up to now decade, rising from 65,000 to 1.35 lakh.

  • The growth at IIT Patna will probably be a part of a broader initiative, including infrastructure for six,500 extra college students in 5 IITs established post-2014.

Greenfield airport for Bihar

  • The federal government has proposed the event of Greenfield airports to cater to the state’s rising aviation wants.

  • That is along with the growth of Patna airport and a brownfield airport at Bihta, reinforcing Bihar’s connectivity with the remainder of India.

Western Koshi Canal undertaking: A boon for Mithilanchal

  • The price range earmarks monetary assist for the Western Koshi Canal ERM Challenge, which can remodel the agricultural panorama of Mithilanchal.

  • Over 50,000 hectares of farmland will profit from enhanced irrigation, guaranteeing higher yields and earnings safety for farmers.

Different key bulletins

Andaman & Nicobar and Lakshadweep Islands

  • India ranks second in international fish manufacturing and seafood exports quantity to Rs 60,000 crore.

  • A brand new enabling framework will probably be launched to harness fisheries potential within the Indian Unique Financial Zone and Excessive Seas, with a particular give attention to Andaman & Nicobar and Lakshadweep Islands.

Assam

  • In a bid for Atmanirbharta in urea manufacturing, three dormant urea crops within the Jap area have already been reopened.

  • To additional enhance urea provide, a brand new urea plant with an annual capability of 12.7 lakh metric tons will probably be arrange in Namrup, Assam.

North-East Area

  • Saksham Anganwadi & Poshan 2.0: Price norms for dietary assist will probably be enhanced beneath this scheme, benefiting over 8 crore kids, 1 crore pregnant ladies, and 20 lakh adolescent ladies, particularly in aspirational districts and the North-East area.

  • UDAN – Regional Connectivity Scheme: A modified UDAN scheme will introduce 120 new locations and carry 4 crore passengers over the following decade. The scheme may even improve helipad and small airport infrastructurein hilly, aspirational, and North-East area districts.

Gujarat: Strengthening IFSC

  • To entice international investments, the price range proposes particular incentives for ship-leasing items, insurance coverage workplaces and treasury centres inside the Worldwide Monetary Providers Centre (IFSC).

  • The closing date for graduation of IFSC items has been prolonged by 5 years to thirty first March 2030.

  • Exemptions and deductions in taxation for IFSC actions, together with ship leasing and international investments, have been prolonged to make Gujarat a world monetary powerhouse.

Bihar will get the lion’s share

The eighth Union Funds unequivocally locations Bihar on the forefront of India’s developmental agenda. With a devoted Makhana Board, a brand new meals processing institute, IIT Patna’s growth, a greenfield airport and large irrigation investments, Bihar emerges as a strategic focus space for the Modi authorities. These initiatives are set to rework Bihar right into a key participant in India’s financial resurgence, reaffirming its vital function within the nationwide progress narrative.

Leave a Reply

Your email address will not be published. Required fields are marked *