Bihar government budget announced, Rs. 38,035 Crore allocated for education

Created On: Feb 23, 2021 12:05 IST
Modified on: Feb 23, 2021 12:05 IST
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Bihar School Budget

Bihar state government has presented the state budget in the assembly with granting Rs. 2.18 Lakh Crore for 2021-22 Financial year. The government has set the highest fund of Rs. 38,035 Crore which is an 8 percent increase from the previous financial year. The budget this year was presented by Bihar Deputy Chief Minister - Tarkishore Prasad. 

Awards for students

In the budget presented by the government, provisions have been laid out to award Rs. 25,000 to girls who pass the Bihar Board class 12 examinations and Rs. 50,000 to the first who complete the bachelor's degree. 

Bihar Deputy Chief Minister Tarkishore Prasad who is also the finance minister presented the revenue-surplus budget. While speaking to the media stated that the budget is Rs. 2,18,302.70 Crore for 2021-22 which is Rs. 6,541.21 Crore more than the total estimates for the current fiscal year. The revenue surplus has been estimated at Rs. 9,195.90 Crore.  

The Saat Nischay (Seven Determinations) - II aspiring to drive the state government's development endeavors between 2020 and 2025 was also announced during the budget. Rs. 4,671 Crore have been allocated for the second phase of the Saat Nischay (Seven Resolves) programme.

While speaking to the media the state chief minister stated that the backlogs of Saar Nischay will be cleared at the earliest. The chief minister further added that more than 20 lakh jobs will be made available along with an all-new sports university. 

The state government has allotted the highest funds of Rs. 38,035.93 Crores for the education sector in the state followed by Rs. 16,835.67 Crores for the rural development, Rs. 15,227.74 Crore for roads, Rs. 13,264.87 Crore for health and Rs. 8,560.00 Crores for the energy sector in the country.

Bihar School Reopening

Schools in Bihar will be reopening from March 1, 2021, for the students from classes 1 to 5. According to reports, the schools are allowed to reopen for the primary classes following the COVID-19 guidelines issued by the government ensuring the safety of the students and teachers.

Also Read: Prime Minister Narendra Modi to address 66th Annual Convocation of IIT Kharagpur today, Check Details Here

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