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Home » News » National
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Nitish Kumar Government Aims to Develop Bihar by 2026

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 2, 20261 Min ReadNo Comments Add us to Google Preferred Sources
Nitish Kumar Government Aims to Develop Bihar by 2026
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The Nitish Kumar government presented the Economic Survey 2025–26 in the Bihar Legislative Assembly, with a goal to transform Bihar into a developed state within five years. Finance Minister Bijendra Prasad Yadav emphasized the government’s commitment to this vision, indicating that the upcoming Budget would align with this objective. Bihar’s per capita income for 2024–25 has surged to Rs 76,490, showcasing a consistent upward trajectory.

Additional Chief Secretary (Finance) Anand Kishore highlighted Bihar’s economic growth rate, surpassing the national average by 3.3%. The state’s Gross State Domestic Product (GSDP) for 2024–25 witnessed significant growth, reaching Rs 5.31 lakh crore at constant prices and Rs 9.91 lakh crore at current prices. Per capita GSDP in Bihar has notably increased, reflecting positive economic trends over the years.

The Economic Survey underscored the state’s fiscal progress, with a notable rise in state government receipts from Rs 1.28 lakh crore in 2020–21 to Rs 2.18 lakh crore in 2024–25. The revenue composition has also improved, with tax revenue share escalating to 84%, non-tax revenue declining to 2%, and grants-in-aid reducing to 14%. This economic report sets the stage for the upcoming state budget presentation, showcasing Bihar’s growing fiscal self-reliance and economic momentum.

Anand Kishore Bihar Bihar Legislative Assembly Bijendra Prasad Yadav Economic Survey Gross State Domestic Product GSDP Nitish Kumar
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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