Bihar Election 2025: Assembly elections are scheduled in Bihar by the end of this year. Ahead of the elections, Chief Minister Nitish Kumar has made a major announcement. He has introduced a special economic package for new entrepreneurs in Bihar.
He said that the government will now offer a special package to those who want to set up industries in the state.
Along with this, Nitish Kumar shared the government’s plan to provide employment to one crore youth over the next five years.
CM Nitish Kumar Announces Major Economic Package
Chief Minister Nitish Kumar stated that new entrepreneurs will receive a special economic package to set up industries in Bihar.
To boost private sector investment in the state, the government will provide extra financial support.
Under this plan, the incentives for capital subsidy, interest subsidy, and GST relief will be doubled.
The aim of this package is to attract investors and encourage them to set up factories in Bihar.
Free Land for Industrial Projects
The Chief Minister also announced that land will be arranged in every district for setting up industries.
Businesses that generate more employment will be given land completely free of cost. Any disputes related to industrial land will also be resolved.
These benefits will be provided to entrepreneurs who start industries within the next six months.
In addition, several other measures have been included to support new businesses in the state. Under the new package, the benefits of capital subsidy, interest subsidy, and GST relief will be doubled.
Nitish Kumar emphasized that industries creating large-scale employment will get land free of charge. The government will also address land-related issues to make it easier for businesses to operate.
These benefits will be available to new entrepreneurs within the next six months. The goal is to grow Bihar’s industrial sector, increase job opportunities, and support skill development among the youth.
This new economic package is expected to create better career options and ensure a brighter future for young people.
