Rs 26,000 Crore Allocation for Road Infrastructure in Bihar
![Rs 26,000 Crore Allocation for Road Infrastructure in Bihar Rs 26,000 Crore Allocation for Road Infrastructure in Bihar](/news_images/2024/07/bihar1721717247.jpg)
In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced a substantial allocation of Rs 26,000 crore for the development of road infrastructure in Bihar1. This significant investment aims to enhance connectivity and support the state’s overall growth.
Key Projects and Developments
The allocated funds will be utilized for several major road projects across Bihar. Key initiatives include the construction of the Patna-Purnea Expressway, the Buxar-Bhagalpur Highway, and the Bodhgaya-Rajgir-Vaishali-Darbhanga road2. Additionally, an additional two-lane bridge over the Ganga River in Buxar is planned to improve connectivity and reduce travel time.
The government also plans to expedite financial assistance for Bihar through aid from multilateral development agencies. This support will further bolster the state’s infrastructure and economic development4.
Impact on Bihar’s Growth
The development of these road projects is expected to have a transformative impact on Bihar’s economy. Improved road connectivity will facilitate smoother transportation of goods and services, boost trade, and attract investments. It will also enhance access to education, healthcare, and other essential services for the residents of Bihar.
Moreover, the Purvodaya plan, which focuses on the all-round development of eastern India, including Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh, will further catalyze the region’s growth6. The plan includes the development of industrial corridors and other infrastructure projects that will create job opportunities and drive economic progress.
In conclusion, the Rs 26,000 crore allocation for road infrastructure in Bihar marks a significant step towards the state’s development. These projects will not only improve connectivity but also contribute to the overall socio-economic growth of the region.