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Bihar CM Urges Entrepreneurs to Boost Local Production and Launch New MSME Policy
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News18•08-10-2026, 19:45
Bihar CM Urges Entrepreneurs to Boost Local Production and Launch New MSME Policy
- •Bihar Chief Minister Samrat Choudhary announced the Bihar Purchase Preference Policy to promote local manufacturing and encourage entrepreneurs.
- •Over 7,000 beneficiaries received installment amounts in their accounts during an orientation programme for the Mukhyamantri Udyami Yojana in Patna.
- •The state government launched the Bihar MSME Policy-2026 and highlighted that products must have 25 to 40 percent local manufacturing to be purchased by the government.
- •Choudhary also inspected the under-construction Ankur Biochem Private Limited ethanol plant in Jamui district, which is set to become one of Asia's largest grain-based ethanol plants by March 2027.
Key Questions Answered
The Bihar Purchase Preference Policy aims to promote local manufacturing and encourage entrepreneurs to produce goods within the state by mandating that the government purchase only those products with 25% to 40% local manufacturing in Bihar.
Production at the under-construction Ankur Biochem Private Limited ethanol plant in the Chakai block of Jamui district is scheduled to commence by March 2027.
During the ‘Mukhyamicn Udyami Yojana’ orientation programme in Patna, the Bihar MSME Policy-2026 was launched and instalment amounts were transferred to the bank accounts of over 7,000 beneficiaries.
