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
COP10 Bureau
India Re‐elected Vice-Chair of COP10 Bureau, Signals Major Boost to Clean Sport Agenda
NALCO_signed_MoU_
NALCO Signs MoU to Develop Sustainable Red Mud Recovery Technology for Green and Circular Mining
Shipping-Corporation-of-India-SCI
Leadership Updates: PESB Recommends Nitin Khamesra as Director (Finance) of Shipping Corporation of India Limited
CQB carbine
Decade of Transformation: Army Signs ₹27,770 Crore Deal for 4.25 Lakh Made-in-India CQB Carbines
Rajaji tiger reserve
Wildlife Adventure Returns: Rajaji Tiger Reserve to Resume Jungle Safari from 15 November 2025 — Online Registration Now Open
Panna police
Panna Police Under Siege: SHO and Constable Injured as Villagers Launch Brutal Attack
MP Police games
Khaki Power on the Podium: MP Police Shine at All India Police Games 2025 with Gold, Yoga & Judo Glory
India Russia R-37M missile talks
India Russia R-37M Missile Talks Advances to Arm Su-30MKI fighters
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
COP10 Bureau
India Re‐elected Vice-Chair of COP10 Bureau, Signals Major Boost to Clean Sport Agenda
NALCO_signed_MoU_
NALCO Signs MoU to Develop Sustainable Red Mud Recovery Technology for Green and Circular Mining
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