BPSC Bihar Special • Current Affairs04 February 2026
Bihar Budget 2026–27: ₹3.48 Lakh Crore Historic Outlay, Saat Nischay-3 Vision & Sectoral Allocations
Source: Finance Department, Government of Bihar / Bihar Legislative Assembly•Exam Target: BPSC 71st & 72nd CCE Prelims
1. Executive Overview & Macro Fiscal Architecture
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Presentation & Date: On 3 February 2026, Bihar Finance Minister Bijendra Prasad Yadav presented the State Budget for FY 2026–27 in the Bihar Legislative Assembly.
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Historic Outlay: The total budget size stands at ₹3,47,589.76 crore (~₹3.48 lakh crore)—the largest financial outlay in Bihar's history.
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Annual Growth: Represents an increase of approximately ₹30,694 crore over the FY 2025–26 budget estimates.
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Guiding Framework: Governed by the Saat Nischay-3 (सात निश्चय-3) roadmap, prioritizing inclusive growth, industrial expansion, employment generation, rural empowerment, and doubling per-capita income.
2. Fiscal Aggregates & Expenditure Breakdown
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Establishment & Committed Expenditure: ₹2,25,434 crore allocated toward administrative machinery, state employee salaries, pensions, and committed state obligations.
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Revenue Expenditure: Estimated at ₹2,84,133.92 crore, covering day-to-day administrative operations, public health centers, welfare honorariums, and school operations.
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Capital Expenditure (CapEx): Pegged at ₹63,455.84 crore (~18.26% of total outlay), driving wealth-creating infrastructure, highways, bridges, power grids, and institutional campuses.
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Scheme Expenditure: ₹1,22,155 crore (approx. 35% of total budget), earmarked for direct development schemes and state-priority social programs.
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Gross Fiscal Deficit: Projected at ~2.99% of GSDP, adhering strictly to the Fiscal Responsibility and Budget Management (FRBM) statutory benchmark of under 3%.
3. Sectoral Allocations & Flagship Missions
A. Education (Highest Sectoral Allocation)
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Allocation: Receives the lion's share of ₹68,216 crore, reinforcing school infrastructure, teacher training, and foundational literacy.
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Panchayat Model Schools: Establishment of ultra-modern Model Schools in every Gram Panchayat across Bihar to bridge rural-urban educational disparities.
B. Agriculture & Farmers (Karpoori Thakur Kisan Nidhi)
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Jananayak Karpoori Thakur Kisan Samman Nidhi: Direct financial support enhanced to ₹9,000 per year to eligible farmers (an increase of ₹3,000 per year over the previous assistance).
C. Women Empowerment & Social Security
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JEEVIKA SHG Support: Dedicated welfare and credit-linked support extending to 1.56 crore women mobilized under Self-Help Groups.
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Social Welfare Outlay: ₹7,724 crore allocated for schemes safeguarding women, children, elderly citizens, and marginalized communities.
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Chief Minister Women Employment Scheme: Financial support of up to ₹2 lakh per eligible woman to foster female entrepreneurship and micro-enterprises.
D. Employment & Skill Ecosystem (Saat Nischay-3)
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Employment Target: Target to create 1 crore employment and livelihood opportunities by 2030.
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Skill Development Hubs: Launch of regional skill centers structured on the hub-and-spoke model to impart market-aligned vocational training.
E. Physical Infrastructure & Regional Connectivity
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High-Speed Expressways: Sanction of 5 new expressways traversing Bihar to modernize state freight corridors and interstate transit.
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Aviation & Regional Air Connectivity: Fast-tracked terminal expansion and regional airport development across civil enclaves.
F. Health, Industry & Agro-Revival
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Health Infrastructure: Comprehensive bed expansion at PMCH (Patna Medical College and Hospital) into a world-class mega-hospital, along with new medical colleges across uncovered districts.
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Industrial Investment: Special policy window to incentivize private investments of up to ₹50 crore in manufacturing and food processing.
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Sugar Mill Revival: Dedicated mission for reopening closed cooperative and private sugar mills across north and south Bihar.
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