Key Points

The Bihar government, led by Nitish Kumar, has approved a massive Rs 1,200 crore land acquisition plan to boost industrial development. The cabinet's decision covers multiple districts and includes a landmark FinTech City project near Patna. These initiatives aim to create job opportunities and attract investment in the state. The move is part of the government's broader strategy to transform Bihar into an industrial and technological hub.

Key Points: Nitish Kumar Clears Rs 1,200 Crore Land for Bihar Industry Push

  • Nitish Kumar sanctions Rs 1,200 crore for industrial land acquisition
  • FinTech City project to be developed near Patna
  • Land allocated across 7 districts for infrastructure expansion
  • Government targets one crore jobs in next five years
2 min read

Bihar cabinet clears Rs 1,200 crore land acquisition for industrial development

Bihar cabinet approves massive land acquisition across 7 districts for industrial development, including landmark FinTech City project in Patna

"These projects aim to attract investment and create jobs - Bihar Government Statement"

Patna, Aug 26

The Nitish Kumar-led Bihar government on Tuesday approved 26 proposals during a cabinet meeting held in the Chief Minister's Secretariat in Patna.

One of the major focuses of the meeting was the land acquisition for industrial development across several districts.

Of these, a maximum of nine proposals were passed by the cabinet under the leadership of Chief Minister Nitish Kumar. These are aimed at expanding industrial areas and boosting infrastructure under the Bihar Industrial Investment Encouragement Package, 2025.

The government sanctioned an estimated Rs 1,200 crore for land acquisition in multiple districts.

As per the proposals, Rs 52.62 crore has been allocated for 249.48 acres across five villages in the Tarari block of Bhojpur district.

Similarly, Rs 42.16 crore fund was sanctioned in the cabinet meeting for 250.06 acres in the Chewara block of Sheikhpura district.

Rs 154.07 crore sanctioned for 492.85 acres in Shivsagar block of Rohtas district, Rs 105.27 crore for 270.01 acres in Tarayani block of Sheohar district, and Rs 376.07 crore for 385.45 acres in Bahadurpur and Hanuman Nagar blocks of Darbhanga district.

Rs 66.91 crore for 279.65 acres near the Patna-Purnea Expressway in Purnea and Rs 408.81 crore fund allocated for 242 acres in the Fatuha block, earmarked for developing a FinTech City under the GIFT-Saman Industrial Project, adjacent to the Multi-Modal Logistics Park (MMLP) in Patna district.

According to an official statement, the land will be transferred to the Basic Infrastructure Development Authority (BIDA), which will oversee development.

These projects aim to attract investment, create jobs, and establish Bihar as a hub for industrial, logistics, and fintech growth.

The highlight of the approvals is the FinTech City project in Patna, which the government hopes will become a landmark for Bihar's entry into new-age financial and digital industries.

The Nitish Kumar government has already announced that it will give one crore jobs to the people in the next five years, and these industrial zones will help in job creation in Bihar.

- IANS

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Reader Comments

P
Priya S
₹1200 crore is a huge amount! While industrial development is important, I hope the farmers whose land is being acquired are properly compensated and rehabilitated. Land acquisition has been a sensitive issue in Bihar.
A
Aman W
FinTech City in Patna sounds exciting! If implemented properly, this could put Bihar on the digital map. Our state needs to catch up with the technology revolution happening across India.
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Nikhil C
Good initiative but execution is key. Previous industrial projects in Bihar have faced delays and corruption issues. Hope this time there's proper monitoring and transparency in how funds are utilized.
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Shreya B
As someone from Purnea, I'm happy to see our district included in this development plan. The expressway connectivity will definitely boost our local economy. Looking forward to new job opportunities! 💼
V
Vikram M
One crore jobs in 5 years is a very ambitious promise. Hope this isn't just political rhetoric. The government needs to show concrete results within the first year itself to build confidence.

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