Author: Bihar Say | Amrita | Bihar’s Land Bank Expansion: Fueling Investment and Industrial Growth The Bihar government is actively expanding its land bank to ensure that investment
Bihar’s Land Bank Expansion: Fueling Investment and Industrial Growth
The Bihar government is actively expanding its land bank to ensure that investment proposals proceed without obstacles due to land shortages. Industry Minister Nitish Mishra recently assured the state assembly that no investment proposal has stalled due to a lack of land. To accelerate industrial growth, the government has received proposals from various districts for 19,800 acres of land. Furthermore, under the industrial area expansion policy introduced in July 2024, authorities are finalizing the acquisition of 3,100 acres, with 500 acres already under government ownership.
To drive industrial development, the government is implementing strategic measures. Currently, 84 processing units operate within industrial clusters, utilizing approximately 7,500 acres of land that previously faced disputes. With an aggressive land bank expansion plan, Bihar is positioning itself as a prime destination for investment and economic progress.
Home Minister in charge, Bijendra Prasad Yadav, emphasized that district magistrates and district superintendents of police hold the responsibility for prioritizing cemetery land fencing. Based on district-level assessments, the government allocates funds to secure these lands. Additionally, officials are taking strict action against encroachers, ensuring legal measures are enforced to remove unlawful occupants from cemetery land.
Bihar’s Cooperative Societies Act is undergoing a major amendment to incorporate JEEVIKA. At present, committees formed and funded by the Bihar Rural Livelihoods Promotion Society (BRLPS) do not qualify for membership under the Bihar Cooperative Societies Act, 1935. To address this, legislators have introduced an amendment bill in the assembly. This reform aims to strengthen the capacity-building of community organizations and empower families associated with JEEVIKA. Additionally, it will enhance women’s leadership and financial management through specialized financial institutions. The Bihar Cooperative Society (Amendment) Bill, 2025, marks a crucial step in this direction.
Deputy Chief Minister and Finance Minister Samrat Chaudhary highlighted Bihar’s continuous revenue growth. In 2021-22, the state’s revenue stood at ₹36,543 crore. By 2023-24, this figure had risen to ₹53,617 crore. The government has implemented strategic policies to further boost revenue collection, ensuring sustainable economic progress.
Bihar is making remarkable progress in economic development through land bank expansion, cooperative society reforms, and improved revenue strategies. Stay informed about Bihar’s transformation! Follow www.biharsay.com and join our 10k-strong global community!
