PATNA
The Bihar cabinet, led by Chief Minister Nitish Kumar, on Tuesday approved 26 proposals, including major land acquisitions aimed at promoting industrial development across the state. As part of the Bihar Industrial Investment Encouragement Package, 2025, the government sanctioned around Rs 1,200 crore for acquiring land in multiple districts to expand industrial areas and infrastructure.
Key allocations include Rs 52.62 crore for 249.48 acres in Tarari block (Bhojpur), Rs 42.16 crore for 250.06 acres in Chewara block (Sheikhpura), and Rs 154.07 crore for 492.85 acres in Shivsagar block (Rohtas). Further approvals include Rs 105.27 crore for 270.01 acres in Tarayani block (Sheohar), Rs 376.07 crore for 385.45 acres in Bahadurpur and Hanuman Nagar blocks (Darbhanga), and Rs 66.91 crore for 279.65 acres near Patna-Purnea Expressway (Purnea).
A highlight of the approvals is Rs 408.81 crore for 242 acres in Fatuha block, earmarked for a FinTech City under the GIFT-Saman Industrial Project, adjacent to the Multi-Modal Logistics Park in Patna district. All acquired land will be managed by the Basic Infrastructure Development Authority (BIDA).
These projects are designed to attract investment, generate employment, and position Bihar as a hub for industrial, logistics, and fintech growth. The cabinet aims to create one crore jobs over the next five years, with the FinTech City expected to serve as a landmark initiative in advancing the state’s digital and financial industries.