Rahul Devashish
Rahul DevashishCourseBihar SpecialEconomy
7 Sept 2025·6 min read·

Bihar Economy

ECONOMY

  • North Koel Reservoir Project-
    Gaya, Aurangabad; To be completed by March 2026.

  • CAG Report (24 July 2025) -
    For FY24- Growth rate 14.47%, GSDP 8.54 Lakh Crore.

  • Merger of RRBs:
    Dakshin Bihar Gramin Bank & Uttar Bihar Gramin Bank will be merged into Bihar Gramin Bank; sponsor – PNB; H. O.Patna; chairman - Ashutosh Kumar Jha; Largest; Meeting at Patna by Nirmala Sitharaman.

  • Jute Production-
    Assam>WB>BR

  • First to start the service of providing e-stamp through an ATM.

  • 7 Nischay Ranking -
    By Bihar State Development Mission; 1st Araria, 2nd Buxar, Last Madhubani

  • Union Budget 2025–26 –
    Announced by FM Nirmala Sitharaman, who wore a Madhubani saree gifted by Padma Shri awardee Dulari Devi.
    ➢ Rs 100 crore for Makhana Board- FPOs.
    ➢ National Institute of Food Technology, Entrepreneurship & Management.
    ➢ Western Koshi Canal Project sanctioned (irrigation in Mithila)
    ➢ IIT Patna expansion.

  • Union Budget 2024–25 (Bihar) –
    ➢ Gaya as an industrial node in Amritsar–Kolkata corridor.
    ➢ Purvodaya Yojana for all-round development of Bihar, Jharkhand, WB, Odisha, Andhra.
    ➢ New 2400 MW Power Plant at Pirpainti, Bhagalpur.
    ➢ Special funds for Rajgir Jain Temple.
    ➢ Corridors of Vishnupad & Mahabodhi temples in line with Kashi Vishwanath.

  • Relative Economic Performance (1960–61 to 2023–24) –
    Report by Economic Advisory Council (EAC) to PM Sanjeev Sanyal.
    ➢ 1960s: Uttar Pradesh, Maharashtra, West Bengal, Tamil Nadu, Bihar together = 54% of India’s GDP.
    ➢ Bihar (undivided) had the 5th highest share (7.8%) of India’s GDP.
    ➢ After bifurcation, share ↓ to 2.8%. It has remained almost the same since then.
    ➢ Bihar’s per capita income = 70.3% of India’s average (1960–61), now ~33% of India’s average now.

  • Textile sector –
    ➢ Bihar’s 2nd NIFT in Begusarai after Patna (India's 19th)
    ➢ Begusarai → 3rd textile cluster (after Bettiah, Muzaffarpur).
    ➢ Handloom & Handicraft centres at Gaya, Bhagalpur, Nalanda, Patna, Nawada.

  • The World Custom Organization provided HS (Harmonized System) Code to Makhana.

  • Renewable Energy Expo 2025-
    Patna

  • Per Capita Income (as per Mo Statistics) -
    66828 (Current price, 2023-24), 36333 (Constant Price, 2023-24).

  • 8.21 Crore tourists in 2023.

  • Bihar Electric vehicle conclave and expo organised by Bihar transport department.

  • Tarkari outlet on the lines of Sudha by Cooperative Department in 200 Blocks.

  • Sitharaman extended loans at a Credit Outreach Programme in Madhubani.

  • Inland Container Depo at Bihta by Nitish Mishra (First dry port of Bihar)

  • 6 new UDAN airports:
    Bihar MoU with AAI; at Madhubani, Birpur, Munger, Valmikinagar, Muzaffarpur, Saharsa; ~₹25 cr each.

  • Airports –
    Greenfield at Rajgir (Nalanda) & brownfield at Raxaul (East Champaran).

  • PM inaugurated the new Modern Terminal of Patna airport & laid foundation stone of Civil enclave in Bihta on 29 May 2025.

  • First six-lane Ganga bridge:
    CM inaugurated Patna-Raghopur section of Kachchi Dargah–Bidupur project; state’s first six-lane bridge over the Ganga.

  • Bihar’s First double-decker flyover (Patna):
    CM inaugurated; to ease congestion of Ashok Rajpath.

  • Road Training & Research Institute Bihar:
    Mokama.

  • Pink Bus service launched (Patna, Muzaffarpur, Gaya, Purnea, Darbhanga) Bihar Budget 2025-26

  • 400 e-buses Bihar (Patna, Gaya, Muzaffarpur, Darbhanga, Purnea, Bhagalpur under PM e-bus Service Scheme.

  • Bihar’s first underground subway:
    Completed in Patna; links Patna Junction to multi-modal hub.

  • Patna–Purnia Expressway (Bihar) –
    281 km; Starts Mirnagar (Vaishali NH-22) → ends Chand Bhatti (Purnia NH-27, East-West Corridor) via Samastipur, Darbhanga, Saharsa, Madhepura

  • Gorakhpur–Siliguri Expressway –
    568 km; Passes 8 districts of Bihar: West Champaran, East Champaran, Sheohar, Sitamarhi, Madhubani, Supaul, Araria, Kishanganj; Bridges on Gandak, Bagmati, Kosi rivers.

  • High-Speed Rail Stations –
    To be built at Bihta (Patna), Manpur (Gaya), Hukahan (Buxar).

  • Vikramshila–Kataraeh New Rail Line Project –
    26.23 km over Ganga, Bhagalpur District; 5th major Ganga rail bridge under Eastern Central Railway.

  • Ashwini Vaishnaw flagged Shetkari Samrudhi Special Train:
    Maharashtra Devlali to Danapur, Bihar.

  • Jamapul Railway Factory (Munger):
    To be the Centre of Excellence.

  • Ashwini Vaishnaw inaugurated Wagon Periodical Overhauling unit, Jamalpur, Munger.

  • Metro Services –
    Proposal for Patna, Muzaffarpur, Gaya, Darbhanga; funding: 20% state+centre; Metro rail corporation remaining 60%.

  • Adani Cement Plant –
    Foundation by CM at Warsaliganj, Nawada; investment ₹1600 cr (largest in Bihar cement industry).

  • International Buyer–Seller Meet (IBSM) 2025:
    Patna, 19–20 May 2025; by MoFPI & APEDA, TPCI & Bihar Govt.

  • Hajipur exports:
    Russian army wearing shoes of Competence Sports pvt ltd.

  • NITI Aayog SDG Report:
    Bihar 3rd in sanitation/water (Goal 6); Goa first; Himachal 2nd.

  • Society for Elimination of Rural Poverty (Telangana) visited Bihar to understand Jeevika.

  • e-detection system at all toll plaza by Transportation department

  • Samrat Choudhary:
    Convenor on GST rate rationalisation.

  • North Bihar Power Distribution Co. (NBPDCL) got A grade nationwide in consumer services.

  • Bioinformatics Laboratory inaugurated at Bihar Agricultural University (BAU), Sabour, Bhagalpur.

  • PM Kisan Nidhi (19th installment) launched from Bhagalpur by PM (24 Feb 2025).

  • 10,000 FPOs inaugurated in Khagaria by PM Modi (24 Feb 2025).

  • Agro Bihar 2024 inaugurated byNitish Kumar at Patna.

  • Crop insurance for makhana cultivation too.

  • Bihar = 3rd largest maize producer (11% share).

  • Dying & Processing Industry:
    Madhubani.

  • Bihar’s largest ethanol factory:
    Bhalua village, Chakai block (Jamui).

  • E-Irradiation Export Pack House -
    Bihta.

  • New plantations:
    Purnea, Jamui, East Champaran.

  • Millets Excellence Centre:
    Gaya, crops: finger millet, barnyard, proso, foxtail, pearl millet.

  • Centre of Excellence for Jardalu Aam -
    Shahkund, Bhagalpur.

  • Bihar 1st state in implementing PM Formalisation of Micro Food Processing 2024–25.

  • A grain silo warehouse at Khagaria by Prahlad Joshi.

  • APEDA will open in Mithapur, Patna.

  • Bihar’s 1st GI Facilitation Centre –At Bihar Agricultural University (BAU), Sabour, Bhagalpur with NABARD support.

  • Postal Life insurance:
    Bihar tops.

  • Free bone-marrow transplant scheme:
    Thalassemia kids, ₹15 lakh aid.

  • Bihar 1st in India:
    OPD patients registered via Ayushman Bharat Health Account (ABHA).

  • LEADS 2024 Report:
    Bihar upgraded from“Aspirers to Fast Movers” category; Ministry of commerce.

  • Nabinagar Super Thermal Power Project (Stage-II):
    PM laid foundation from Vikramganj, Rohtas (virtually, 30 May 2025); 2400 MW expansion; cost ₹29,947 cr; Bihar to receive 1500 MW; total capacity to 4,380 MW (Bihar’s 1st ultra-supercritical plant).

  • Kilkari– Patna’s Bachcha bank model; Adopted by Maharashtra.

  • SHGs & Bihar:
    Ranked 3rd in number (MH highest), 4th in savings, 6th in loans

  • Bihar Business Connect 2024 (Patna) –Investments
    worth ₹1.8 lakh cr (thrice previous yr);Highest investment:~ ₹90k cr (renewable energy)

  • Deficit Data 2022-23 –
    Fiscal deficit 5.9% GSDP (BFRBM Act -4%); State’s own tax revenue 5.8%; Debt-to-GSDP 39.3%;Facing Revenue deficit since 2020.

  • Sex ratio at birth –
    882 (2023–24), 894 (2022–23), 914 (2021–22).

  • Supply of Drinking Water (Sone River) –
    Laid by CM at Annicut, Dehri town, Rohtas; Beneficiaries: Aurangabad, Dehri, Sasaram.

  • Bihar-One Project –
    Family-based social register (Unified Service Delivery); database of welfare schemes beneficiaries;Nodal: IT Dept, Bihar.

  • Industries department aims to increase Bihar export share to 5% from current 0.52%.

  • PMEGP ranking:
    Jammu & Kashmir 1st, Tamil Nadu 2nd, Bihar 3rd.

  • Integrated Industrial Townships:
    12 districts Bihar

  • Three 5-star hotels with shopping malls in Patna.

  • First SEZ –
    Nawanagar(Buxar) and Kumarbagh (West Champaran); 125 acres earmarked; criteria: ≥50 hectares contiguous land; BIADA is advisor.

  • Bihar’s Largest Industrial Area –
    Dobhi Block, Gaya under Amritsar–Kolkata Corridor.

  • Credit–Deposit Ratio, Bihar –
    58.7% (28% lower than national avg); highest: Purnea; lowest: Munger.

  • NITI Aayog published Macro & Fiscal Landscape Bihar.

  • Integrated Manufacturing Cluster -
    Gaya.

  • CRS Report:
    Bihar lowest sex ratio birth 2022 (891 girls/1000 boys)