https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Bihar Government Releases Rs. 375 Crore for Retirement Benefits; Presents Rs. 57,947 Crore Supplementary Budget -Details Inside

Earlier, the Education Department had released Rs. 407.83 crore for the salaries of June and July for teachers, staff, and guest faculty members across 13 universities and related institutions
Indian Masterminds Stories

The Bihar government has sanctioned Rs. 375.97 crore for the disbursement of retirement benefits to teachers and employees across 11 state universities. The official order for the release of funds was issued by Prof. N.K. Agarwal, Director of Higher Education. The amount covers benefits for the months of June and July, applicable to regularly appointed retired teachers and staff in state universities, affiliated colleges, minority colleges, and deficit-grant colleges.

Also Read: Jharkhand Government Bolsters Healthcare with Appointment of 126 Specialist Doctors – Know More

University-wise Allocation of Funds

  • Patna University: Rs. 23.55 crore
  • Magadh University: Rs. 68.83 crore
  • BRA Bihar University: Rs. 57.88 crore
  • Jaiprakash University: Rs. 21.56 crore
  • Veer Kunwar Singh University: Rs. 30.8 crore
  • BN Mandal University: Rs. 32.36 crore
  • Tilka Manjhi Bhagalpur University: Rs. 39.35 crore
  • Lalit Narayan Mithila University: Rs. 59.32 crore
  • Patliputra University: Rs. 25.85 crore
  • Purnia University: Rs. 11.74 crore
  • Munger University: Rs. 4.73 crore

Earlier, the Education Department had released Rs. 407.83 crore for the salaries of June and July for teachers, staff, and guest faculty members across 13 universities and related institutions.

Monsoon Session Begins with Supplementary Budget

The monsoon session of the Bihar Assembly began on Monday with the presentation of the first supplementary budget of Rs. 57,947 crore by Deputy Chief Minister and Finance Minister Mr. Samrat Choudhary. Following the budget presentation, Speaker Mr. Nand Kishore Yadav adjourned the House for the day. The session will continue till July 25, and it is expected to be the final Assembly session before the Bihar Assembly elections.

Purpose and Nature of Supplementary Budget

A supplementary budget is brought in when additional funds are required for ongoing or new schemes that exceed the allocations made in the annual budget. For instance, if a scheme was initially granted Rs. 500 crore but requires Rs. 800 crore, then a supplementary budget is necessary to meet the extra Rs. 300 crore requirement.

Political Developments Ahead of Elections

The upcoming Assembly elections in Bihar are expected to take place in November 2024, with the results likely to be announced in the same month. The electoral contest will primarily feature the Mahagathbandhan (comprising RJD, Congress, and allies) against the NDA (BJP-JDU alliance), along with the emerging Jansuraj Party led by Mr. Prashant Kishor.

On the opening day of the session, CPI (ML) Liberation members protested against the Special Intensive Revision (SIR) of the voter list, alleging discrepancies and raising electoral concerns.

This session marks a critical legislative phase for the Bihar government as it prepares for a crucial political battle ahead.

Also Read: Madhya Pradesh: CM Dr. Mohan Yadav Orders Crackdown on Fertilizer Black Marketing, Calls for Systematic Distribution for Kharif 2025


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
T-SATS defence innovation
CDS Inaugurates Tri Services Academia Technology Symposium (T-SATS) to Boost Defence Innovation and Collaboration with Academia
SPARSH defence pension
SPARSH Transforms Defence Pension Management: Resolves 87% Legacy Cases, Cuts Grievance Redressal Time by 64%
Gujarat folk art PM mementos
Gujarat Showcases Iconic Folk Art in 7th PM Mementos e-Auction Supporting Namami Gange
Vandana Gupta
Who is Vandana Gupta? Senior IP&TAFS Officer Takes Charge as Controller General of Communication Accounts
COAL-GST
Coal Sector Gets a Boost: GST Reforms Remove Compensation Cess, Align With Aatmanirbhar Bharat Vision
Pawan-K-Godatwar-696x392
Dr. Pawan K. Godatwar’s Tenure Extended as WHO-SEARO Technical Officer for Traditional Medicine Till 2026
India Morocco defence MoU
India and Morocco Sign Defence Cooperation MoU to Boost Strategic, Industrial, and Maritime Ties
Swati Gupta PCS officer
Who Is Swati Gupta? Meet the UP PCS Officer, Tech Graduate, and Viral Social Media Influencer – Why She’s Trending for Facebook Fame
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
How Siddhartha Saxena Cracked UPSC CAPF AIR 326 Against All Odds
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
ADVERTISEMENT
UPSC Stories
Devanshu Shivhare MPPSC
How This Commercial Tax Inspector Topped MPPSC 2024: Devanshu Shivhare’s 5-Year Journey to Rank 1 | Exclusive Interview
Devanshu Shivhare secured AIR 1 in MPPSC 2024 in his fourth attempt while working full-time. His disciplined,...
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
WhatsApp Image 2025-09-22 at 16.06
How IFS Officer Vejayanantham TR Turned South Betul into a High-Tech Fortress
T-SATS defence innovation
CDS Inaugurates Tri Services Academia Technology Symposium (T-SATS) to Boost Defence Innovation and Collaboration with Academia
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
Dr. S.K
IFS Uttam Kumar Sharma Interview
ADVERTISEMENT
ADVERTISEMENT