Overview

• Chief Minister Nitish Kumar announced the incentives on August 16 via a post on X as part of the state’s plan to generate one crore youth jobs over five years.
• The special economic packages include doubling capital subsidies, interest subsidies and GST relief for entrepreneurs setting up industries in Bihar.
• The government will arrange industrial land across all districts and offer it free of cost to projects that deliver higher levels of employment.
• Authorities have committed to resolving disputes over industrial land allocations on a priority basis to speed up project launches.
• All facilities are slated to be operational within six months under a detailed notification that will specify the fiscal roadmap and implementation rules, a framework that opposition leaders have pressed the government to clarify.