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Bihar Targets Self-Reliance for One Crore Families Through Entrepreneurship
Bihar’s government wants more families to earn a living by starting businesses.
Chief Minister Samrat Choudhary said the goal is to help one crore families become self-reliant.
The state launched a new policy for small and medium-sized businesses.
It plans to support 45,000 entrepreneurs and has set aside Rs 3,500 crore for the scheme.
More than 7,000 people received installment payments under an entrepreneurship program.
The government also wants public offices to buy more goods made in Bihar.
It has announced goals for attracting investment and supplying power to industries.
The plans also include building ropeways and using solar power for agricultural electricity feeders.
Chief Minister Samrat Choudhary said Bihar aims to help one crore families become self-reliant through entrepreneurship.
The state launched the Bihar MSME Policy 2026 and transferred installments to more than 7,000 Mukhyamantri Udyami Yojana beneficiaries.
The government plans to develop 45,000 entrepreneurs, with Rs 3,500 crore allocated for the MSME scheme.
The policy aims to source 25 to 40 per cent of government procurement from products made in Bihar.
Bihar set targets of Rs 5 lakh crore in industrial investment and 20,000 MW of power for industries over five years.
- Who
- Bihar Chief Minister Samrat Choudhary and the Bihar state government.
- What
- The government launched the Bihar MSME Policy 2026 and set an entrepreneurship goal of helping one crore families become self-reliant.
- Where
- Bihar, India.
- When
- The announcement was made on Thursday; the article does not state the date.
- Why
- To promote industry, employment and entrepreneurship, and encourage young people to become job creators rather than job seekers.
Key facts
- Family target
- One crore families to be connected with entrepreneurship.
- Entrepreneurs planned
- 45,000 under the MSME scheme.
- Scheme spending
- Rs 3,500 crore.
- Beneficiaries paid
- Installment amounts transferred to more than 7,000 Mukhyamantri Udyami Yojana beneficiaries.
- Government procurement
- 25 to 40 per cent targeted from products manufactured in Bihar.
- Industrial investment target
- Rs 5 lakh crore through the public-private partnership mode.
- Industry power target
- 20,000 MW over the next five years.
- Other infrastructure plans
- Ropeways at 20 locations over two years; agricultural feeders to be fully solar-powered within a year.
Sources
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