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Bihar Budget 2023-24: 10 lakh jobs, focus on high growth rate | See highlights

  • Bihar Finance Minister Vijay Chaudhary presented the first budget of the Mahagathbandhan government
  • 10 lakh jobs for youths have been promised in the state budget of 2023-24
  • "Fiscal deficit has been reduced from Rs 11,325 crore to Rs 422 crore", said Chaudhary

28 Feb 2023

Bihar Budget 2023-24: Highlights of finance minister's budget speech

  • The Centre has denied Bihar the status of a special state.
  • Efforts are being made to increase the revenue without increasing the tax burden.
  • There are limits to revenue receipts. GST limited the ability of states to levy taxes.
  • Objected to not getting a positive signal on the demand for continuation of GST compensation.
  • Fiscal deficit under control.
  • The fiscal deficit has been reduced from Rs 11,325 crore to Rs 422 crore
  • The state government is giving priority to education and health.
  • The infant mortality rate has come down from 43 thousand in 2012 to 27 in 2020.
  • In the field of education, 2.1 crore enrollment in the eighth standard in 21-22.
  • Gross Enrollment Ratio for 2021-22 is also being improved.
  • Expenditure on social services has increased 11 times.
  • Many ambitious schemes of Bihar are being now followed by the Central government.
  • Har Ghar Nal Jal Yojana: Bihar government implemented it in the year 2016, Center implemented it in 2019 under Jal Jeevan Mission.
  • Jeevika was implemented in Bihar in 2007, Deendayal Yojana Center started in 2015 on the basis of our Jeevika Yojana.
  • We started the scheme to provide electricity to every house in 2016. Later, in September 2017, the Center also came up with a similar plan.
  • Bihar launched Jal Jeevan Hariyali Yojana in the year 2019, Center started Amrit Sarovar Yojana on the same lines in April 2022.
  • The state government is increasing the expenditure despite the challenges of Covid.
  • The whole country including Bihar was affected due to economic recession.
  • Youth power is the basis of the future, 10 lakh jobs will be created.
  • Along with skill development, proper arrangement of capital is being given priority in the budget.
  • The requisition of 49 thousand posts has been sent to Bihar Public Service Commission, and 2900 posts to Staff Selection Commission.
  • Out of 75,543 and 90 thousand teachers in Bihar Police, 42 thousand have been appointed.


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