https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Bihar Receives Rs. 10,219 Crore from Centre: A Festive Gift On Vijayadashami to Fuel Development & Welfare, Backed by GST Reforms

On Vijayadashami, Bihar receives Rs. 10,219 crore from Centre under Tax Devolution to fuel education, health, and rural development
Indian Masterminds Stories

As the nation celebrated the spirit of Vijayadashami, the Central Government, led by Prime Minister Mr. Narendra Modi, gave a significant development push to Bihar by releasing Rs. 10,219 crore under Tax Devolution. The timing of this allocation made the festival even more joyous for the people of the state.

Also Read: CM Nitish Kumar Launches Rabi Campaign 2025–26 in Bihar to Boost Crop Yield and Farmer Awareness

Chief Minister Mr. Nitish Kumar Expresses Gratitude

Immediately following the announcement, Chief Minister Mr. Nitish Kumar thanked the Prime Minister and the Union Finance Ministry, expressing that the funding would serve as a major catalyst in driving Bihar’s growth and development across key sectors.

Development-Focused Utilization Plan Outlined

Mr. Kumar assured that the funds will be prioritized for impactful areas such as:

  • Education and School Infrastructure
  • Healthcare Services and Facilities
  • Rural Development and Livelihood Schemes
  • Infrastructure Expansion, including Roads and Connectivity

He emphasized that this fund injection will not only stabilize the state’s economy but also fuel long-term inclusive development.

A Vijayadashami Gift for Bihar’s Growth Trajectory

The festive occasion of Vijayadashami, symbolizing victory and new beginnings, has now become a turning point in Bihar’s development journey. The business community, industrialists, and civil society have widely welcomed this move, believing it will spur employment, investments, and rural progress.

Why Tax Devolution Matters

Tax Devolution refers to the process by which the Centre shares its tax revenues with states, thereby empowering them to implement their own welfare and infrastructure programs. This system ensures greater financial autonomy, especially for developing states like Bihar.

Experts believe the timely allocation of Rs. 10,219 crore will enable the Bihar government to fast-track pending projects, improve basic services, and implement social welfare schemes more effectively.

Backed by GST Reforms and Fiscal Empowerment

Bihar has also recently benefited from GST reforms rolled out by the Modi government. Now, with this devolution grant, the state can leverage both tax autonomy and fiscal support to boost its economic indicators.

The CM added that if used strategically, this support will significantly improve Bihar’s growth rate, social indicators, and public satisfaction levels.

Also Read: Nitish Kumar’s Leadership Boosts Minority Development and Social Harmony in Bihar Ahead of Madhora Elections


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
INS Trikand
Indian Navy’s INS Trikand Executes Heroic Firefighting and Rescue Operation on MT Falcon in Gulf of Aden
gghghghg
Defence Acquisition Council Approves Rs 79,000 Crore for Advanced Military Systems to Boost India’s Defence Capabilities
Bank_of_Baroda_signed_agreement_
Bank of Baroda Enhances Maharashtra Vital Statistics Operations with Advanced Agency Banking Integration
_BPCL_IandC_team_
BPCL Launches ‘Suraksha Bandhan’ Safety Initiative, Reaching Over 12,000 People Across India
Bank of Baroda
Financial Results: Bank of Baroda Board to Approve Q2 and Half-Year Unaudited Financial Results on October 31, 2025
Sandeep Lathar
Political Pressure Behind ASI’s Suicide? Wife Accuses IPS Officer’s Family, MLAs in FIR, Seeks CBI Inquiry
Special Campaign 5.0
Swachhata Takes Centre Stage: Government Launches ‘Special Campaign 5.0’ across Key Ministries to Clear Backlogs & Boost Office Hygiene
Railtel
Results: RailTel to Announce Q2 Financial Results on October 29, Proposes Interim Dividend with November 4 Record Date
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
ADVERTISEMENT
UPSC Stories
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
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...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
INS Trikand
Indian Navy’s INS Trikand Executes Heroic Firefighting and Rescue Operation on MT Falcon in Gulf of Aden
gghghghg
Defence Acquisition Council Approves Rs 79,000 Crore for Advanced Military Systems to Boost India’s Defence Capabilities
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT