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Bihar Set to Become a Developed State by 2030 Says Finance Minister Bijendra Yadav in Assembly

Bijendra Yadav rejects claims of empty treasury, says fiscal deficit is under control and development spending is rising steadily across key sectors.

Staff Reporter by Staff Reporter
February 23, 2026
in Bihar
Reading Time: 2 mins read
Bihar Set to Become a Developed State by 2030 Says Finance Minister Bijendra Yadav in Assembly
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Patna: Bijendra Yadav has said that Bihar will be counted among the developed states of India by 2030. Speaking in the state assembly during the budget session, the finance minister said the government is following a clear and planned approach to development. He strongly rejected opposition claims that the state treasury is empty and said there is no shortage of funds for welfare schemes or infrastructure projects.

Yadav said that allegations about poor financial health are raised almost every year during the budget discussions. However, he insisted that the real financial data tells a different story. According to him, Bihar’s fiscal deficit remains within the prescribed limit of 3%. He dismissed the opposition’s claim that it has reached 18%, calling such figures incorrect and misleading. He said the government’s accounts are transparent and fully under control.

The minister also highlighted the sharp increase in the size of the state budget over the past two decades. In 2005, Bihar’s total budget was Rs 23,885 crore. It has now grown to more than Rs 3.47 lakh crore. Yadav said this steady rise reflects better financial management and improved revenue collection. He added that the larger budget allows the government to spend more on public services and long-term development plans.

According to Yadav, the state is making large investments in infrastructure, education, healthcare, agriculture and job creation. Roads and bridges are being built, schools and hospitals are being upgraded, and schemes aimed at farmers and young people are being expanded. He said projects are being carried out according to fixed timelines and priorities so that development reaches every section of society.

Repeating his main message in the assembly, the finance minister said Bihar is moving ahead at a steady pace. He expressed confidence that by 2030 the state will be recognised among India’s developed states, with visible progress in both economic growth and public welfare.

Tags: BiharEconomicDevelopmentStateBudget

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