On Monday, the first day of the 2026 budget session in the Bihar Legislative Assembly, Finance Minister Bijendra Prasad Yadav presented the economic survey for the year 2025-26 on behalf of the Nitish Kumar government. The economic survey report states that Bihar's growth rate is 3.3 percent higher than the national average, reflecting the state's rapid economic growth.

After presenting the economic survey, Finance Minister Bijendra Prasad Yadav said at a press conference that the government's goal is to make Bihar a developed state within five years. He said that the per capita income in 2024-25 has increased to Rs 76,490. Additional Chief Secretary of the Finance Department, Anand Kishor, was also present on the occasion.

The Finance Minister said that Bihar's growth rate is higher than other states in the country and that after Tamil Nadu, Bihar has the highest growth rate. He said that during its first 10 years, the government focused on the state's basic necessities, developing a comprehensive network of electricity, water, and roads across Bihar. Now, in the next five years, the government will focus on industrialization, which will double the per capita income.

Bijendra Prasad Yadav said that Chief Minister Nitish Kumar is determined to make Bihar a developed state in the next five years. The government is working rapidly towards the goal of "Prosperous Bihar". He said that this vision of development will be clearly visible in the upcoming budget.

Additional Chief Secretary of the Finance Department, Anand Kishor, said that according to the economic survey, Bihar's Gross State Domestic Product (GSDP) for 2024-25 is 8.6 percent at constant prices of 2011-12 and 13.1 percent at current prices. During this period, the GSDP increased to Rs 531,372 crore and Rs 991,997 crore, respectively. He said that at current prices, Bihar's growth rate is 13.1 percent, compared to 9.8 percent at the national level, meaning Bihar is performing 3.3 percent better than the national average.

Anand Kishor said that according to the economic survey, Bihar's per capita GSDP at current prices increased from Rs 46,412 in 2020-21 to Rs 76,490 in 2024-25. At constant prices of 2011-12, this figure increased from Rs 30,159 to Rs 40,973. This indicates a continuous improvement in the state's economy.

There has also been a significant increase in the state government's revenue collections. Tax collections, which were Rs 1.28 lakh crore in the financial year 2020-21, increased to Rs 2.18 lakh crore in 2024-25. The share of tax collections in total revenue increased from 70 percent to 84 percent, while the share of revenue and grants-in-aid decreased.

The share of planned expenditures in total state expenditures increased from 38.3 percent in 2020-21 to 39.9 percent in 2024-25. The share of establishment and other expenditures decreased from 61.7 percent to 60.1 percent. This trend reflects the state government's increasing focus on welfare and development-oriented expenditures.

Development expenditures increased from Rs 1,12,122 crore in 2020-21 to Rs 1,89,892 crore in 2024-25, indicating that about two-thirds of the government's budget is being spent on development and welfare schemes.