Patna, Feb 9 Bihar Finance Minister Bijendra Prasad Yadav on Monday described the state's budget for 2026-27 as "comprehensive, inclusive, and growth-oriented," stating that it would achieve the objectives of providing opportunities for every family, skill development for every youth, and empowerment of women.
Concluding the debate on the budget in the Assembly, Yadav said the budget for 2026-27 is Rs 3,47,589.78 crore, which is Rs 30,694.74 crore more than the Rs 3,16,895.02 crore budget for 2025-26.
"The budget is comprehensive, inclusive, and growth-oriented. It will achieve the objectives of providing opportunities for every family, skill development for every youth, and empowerment of women in the state," he said.
He concluded the debate amidst protests by members of the opposition, who later staged a walkout.
Yadav presented a budget of Rs 3.47 lakh crore in the state legislature on February 3, asserting that the state was making rapid progress and the estimated growth rate for the current fiscal year was an impressive 14.9 per cent.
"The NDA government in the state will serve the people of Bihar with unwavering commitment under the leadership of our respected Prime Minister Narendra Modi and Chief Minister Nitish Kumar. The state's economic activities have significantly increased in recent years. The policy initiatives taken by the NDA government will certainly generate surplus revenue in the coming financial year," he said.
"I don't want to make any comment on the opposition members, who criticised the budget presented by me just for the sake of criticism. People know about the fiscal situation of the state during the RJD's tenure (before 2005) and the 'electorate' have also seen the changes which the state has witnessed in the recent years," he added.
Yadav also lauded Kumar for his focus on empowering women, the most recent example of which was the Mukhyamantri Mahila Rozgar Yojana, launched ahead of the Assembly polls in November last year.
"Altogether 1.56 crore women have received Rs 10,000 each and those who have utilised the amount for setting up businesses will soon get up to Rs 2 lakh," Yadav said.
Earlier, participating in the discussion, RJD leader Alok Kumar Mehta, said, "The budget is misleading and unrealistic. It did not talk about any new welfare schemes for the poor or socially marginalised people. The budget also did not talk about government steps for creating employment opportunities in the state."
"This government is least bothered about the safety and security of women," he said, claiming that law and order has totally collapsed.
Praising the budget, senior BJP leader Sanjay Kumar Singh said, "A significant part of the state government's revenue expenditure will be on social services. This shows the commitment of the NDA government for the social and economic growth of the state."