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THE BIHAR ECONOMY STORY: FROM UNDERDEVELOPED TO UNSTOPPABLE

BW Businessworld

|

September 20, 2025

Under the seasoned leadership of CHIEF MINISTER NITISH KUMAR, the JDU-BJP government is attempting a transformation that feels both ambitious and tangible

- RUHAIL AMIN

THE BIHAR ECONOMY STORY: FROM UNDERDEVELOPED TO UNSTOPPABLE

FOR DECADES, Bihar was synonymous with squandered promise, a land of fertile soil and fertile minds that never quite converted potential into prosperity. Today, under the seasoned leadership of Chief Minister Nitish Kumar and the energetic drive of Deputy Chief Minister Samrat Choudhary, the JDU-BJP government is attempting a transformation that feels both ambitious and tangible. The narrative is being rewritten: from despair to determination, from an agrarian dependency to industrial ambition.

A New Story is Unfolding

The arithmetic is shifting. Bihar’s Gross State Domestic Product is projected at nearly Rs 11 lakh crore for 2025-26, with the economy expanding in double digits year after year. Per capita income, though still trailing national averages, has crossed Rs 66,000, marking a steady climb from the lows that once defined it.

The Confederation of Indian Industry (CII) recently projected Bihar’s economy to more than double by 2030, driven by policy continuity, infrastructure upgrades, and a young workforce.

imageIndustrial Ambition

The Bihar Business Connect 2024 drew commitments worth Rs 1.8 lakh crore across sectors like food processing, energy, IT, and logistics. To bolster investor confidence, the government unveiled a special economic package in 2025, expanding subsidies and offering land incentives alongside streamlined approvals. Its audacious target: one crore jobs within five years.

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