Bihar Chief Minister and Finance Minister Sushil Kumar Modi on February 12, 2019 presented the Rs. 2,00,501 crore state budget in the Bihar Assembly with focus on education, rural development and energy sectors. Key highlights of the budget are the following:
• The Bihar budget 2019 has revenue surplus of Rs. 21,516.99 crore during 2019-20 which is 3•76 per cent of GSDP. GSDP is estimated at Rs. 5,72,827 crore for 2019-20.
• It allocated Rs. 34,798 crore for the education sector; Rs. 15,699 crore for rural development sector; and Rs. 8,89432 crore for the energy sector.
• It has provision for opening 11 medical colleges in the State.
• It allocated Rs. 16,734 crore towards the welfare of the Schedule Castes and Rs. 1,565 crore towards the Scheduled Tribes.
• It granted Rs. 1,43,133.73 crore for the development expenditure and Rs. 54,367.30 crore for non-development expenditure for 2019-20.
• The Annual Scheme Outlay for the financial year 2019-20 was estimated at Rs. 1,00,000.98 crore, which is Rs. 8,206.25 crore more than for the year 2018-19.
• The Establishment & Commitment expenditure for the financial year 2019-20 was estimated at Rs. 99,110,01 crore.
• The Grants in aid from Central government to state was estimated at Rs. 49,019.38 crore in 2019-20.