Stay updated with the latest - Click here to follow us on Instagram
© The Indian Express Pvt Ltd
Tags:
Journalism of Courage
A day after winning the trust vote, the Nitish Kumar government in Bihar on Tuesday presented a Rs 2.78 lakh crore budget, making education its top priority by allocating over 22 per cent of funds to the department.
The government also laid special focus on information and technology and tourism and earmarked over Rs 1 lakh crore for sundry government schemes. The Bihar government had presented a Rs 2.26 lakh crore budget last year.
On Tuesday, Deputy Chief Minister and Finance Minister Samrat Choudhary presented a budget of Rs 2,78,725.72 crore, allocating Rs 22,200.35 crore (22.20 per cent) to the education department, Rs 13,840.56 crore (13.84 per cent) to the rural development department and Rs 8,191.79 crore (8.19 per cent) to the social welfare department.
The rural works and health departments were allocated Rs 7,409.13 crore (7.41 per cent) and Rs 7,117.56 crore (7.12 per cent), respectively. Choudhary also informed the House that the government would spend Rs 3,073.26 crore on several scholarship schemes alone.
The government has estimated an expenditure of Rs 5.040 crore on good governance schemes under the Saat Nischay, Part-II programme.
The budget has a revenue surplus of Rs 1,121.41 crore and shows a fiscal deficit of 2.98 per cent. It also shows an outstanding debt of Rs 3.48 lakh crore. The budget size has risen 10-fold from the 2005-06 budget of Rs 26,328 crore.
Stay updated with the latest - Click here to follow us on Instagram
