Leader of Opposition in the Bihar Assembly, Tejashwi Yadav, on Wednesday alleged that the Bihar government’s decision to withdraw ₹3,662 crore from the contingency fund for social security pension payments reflects a deepening financial crisis in the state.
The remarks came a day after the Bihar Cabinet approved the withdrawal of funds from the Bihar Contingency Fund to disburse social security pensions for the months of May, June, and July.
In a post on social media platform X, Yadav questioned the state’s financial health and accused the government of relying on emergency funds instead of making regular budgetary provisions for welfare payments.
“The financial condition of Bihar is alarming. The government has withdrawn ₹3,662 crore from the contingency fund to pay pensions, which raises serious questions about the state’s fiscal management,” the RJD leader said.