Parliament Question: State's share in Central Taxes devolved to Bihar

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS RAJYA SABHA UNSTARRED QUESTION NO. 1201 TO BE ANSWERED ON TUESDAY, THE 10TH FEBRUARY, 2026 MAGHA 21, 1947 (SAKA) STATE’S SHARE IN CENTRAL TAXES DEVOLVED TO BIHAR 1201. PROF. MANOJ KUMAR JHA: Will the Minister of FINANCE be pleased to state: a. the details of State's share in Central Taxes devolved to Bihar during financial years 2024- 25 and 2025-26, compared to Budget Estimates; b. whether Government is aware that Bihar's Fiscal Deficit for 2024-25 rose to 9.2 per cent of GSDP at the Revised Estimate as against targeted 3 per cent, if so, the reasons for such high variance; c. the status of "Special Loan for Capital Expenditure" provided to Bihar in current fiscal year and the sectors where this amount has been deployed; and d. whether there is any proposal to increase the borrowing limit for Bihar in light of cessation of GST compensation? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) The details of amount devolved to Bihar during financial years 2024-25 and 2025-26 as compared to Budget Estimates are as follows: (₹ crore) Financial Year BE Actuals 2024-25 125444.52 129434.93 2025-26 143069.43 114637.60 (Upto January, 2026) * * The Revised estimate of amount to be devolved to Bihar during FY 2025-26 is ₹ 140105.01 crore. (b) Based on the information received from Government of Bihar, the fiscal deficit of the State for the financial year 2024–25 was estimated at 2.98% of GSDP at the Budget Estimate stage which increased to 9.20% of GSDP at the Revised Estimate stage on account of impact of higher committed liabilities and enhanced scheme expenditure. (c) An amount of ₹ 6289.40 crore has been released to Bihar so far in the current FY 2025-26, for the sectors such as roads, health, irrigation, buildings, etc. under the scheme ‘Special Assistance to the States for Capital Investment (SASCI)’.(d) The Union Government applies a common yardstick and generally follows the fiscal limits mandated by the accepted recommendations of the Finance Commission while exercising the power to approve borrowings by State Governments under Article 293(3) of the Constitution of India. Accordingly, the Net Borrowing Ceiling of the State Government of Bihar has been fixed at 3 percent of the projected GSDP of the FY 2025-26. The State can also avail the additional borrowing of upto 0.50% of GSDP linked to performance in the power sector for FY 2025-26. ****