City
Epaper

Rs 2.37 lakh crore budget presented in Bihar

By IANS | Updated: February 28, 2022 20:15 IST

Patna, Feb 28 Amid uproar in the Bihar Vidhan Sabha, deputy chief minister Tar Kishore Prasad, who also ...

Open in App

Patna, Feb 28 Amid uproar in the Bihar Vidhan Sabha, deputy chief minister Tar Kishore Prasad, who also holds charge of the finance portfolio, presented the annual state budget on Monday afternoon.

Prasad presented a Rs 2,37,691 crore budget for the financial year 2022-23 in the Vidhan Sabha. He has also set a target to not let the fiscal deficit go beyond 3.5%.

He allocated Rs 39,191 crore for education, Rs 16, 134 cr for health, Rs 29,749 crore for rural development, Rs 7,712.30 crore for agriculture and Rs 12,375 crore for the social welfare sectors.

"We have put 6 points as priority for this government for the financial year 2022-23 which include education, health, industry, investment in agriculture, and development of rural and urban basic infrastructure.

"During the pandemic, the Bihar government had shown commitment to execute a 100% vaccination programme apart from improving the health infrastructures of the state. We had allocated Rs 16,134 cr to address the situation that arose during the pandemic last year.

"Education is also our priority. We will focus on improving school infrastructure including construction of school buildings, playgrounds, books, school dresses etc followed by recruitment of teachers," he said.

"Industry is another sector where the government would have a special focus in the next financial year. We believe that investment will come to the state and it will address the issues of unemployment and migration of jobless people. The fund allocation for industry is Rs 1,643 crore and 74 lakh," Prasad said.

"We have earmarked Rs 1,110 crore for the Nal Jal Yojana," he said.

Prasad informed that the budget includes Rs 38,035.93 crore for education, followed by Rs 16,835.67 crore for rural development, Rs 15,227.74 crore for road infrastructure, Rs 13,264.87 crore for health and Rs 8,560 crore for the energy sector.

Besides Rs 4,671 crore was earmarked for the second phase of the 'Saat Nischay' (seven resolves) programme, implemented immediately after the Nitish Kumar-led NDA's return to power. Kumar had, in 2015, announced the first phase of the Rs 2.7-lakh crore 'Saat Nischay', and promised to implement the second phase after the assembly polls.

Reacting to the budget, the oppostion Rashtriya Janata Dal state spokesperson Ejaz Ahmed said that "the 6 points were mentioned in the budget last year too. There is nothing in this budget. It is just an eyewash with nothing new in it. The finance minister has made a mockery of the people of Bihar through presenting such a lacklustre budget."

"They had allocated funds for education, health, agriculture and other sectors but it was not implemented on the ground," Ahmed said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Tar kishore prasadNal jal yojanandaRashtriya Janata DalRashtriya janataBihar rashtriya janata dalBihar janata dal
Open in App

Related Stories

NationalCP Radhakrishnan of NDA Sworn in as New Vice President of India (Watch Video)

NationalWho is CP Radhakrishnan, NDA’s Vice Presidential Pick, and What’s His Journey from RSS Roots to Raj Bhavan?

NationalJP Nadda Announces Maharashtra Governor CP Radhakrishnan as NDA’s Nominee for Vice President of India

NationalRift in NDA Ahead of Bihar Polls: BJP to Hold Closed-Door Meeting with Chirag Paswan Over Remarks Against Nitish Kumar

BusinessIncome Tax Bill 2025: Can You Claim Your TDS Refund Without Filing ITR Soon? Here’s What Govt Plans

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray