Pressing special button of education and rural sector, Bihar presents revenue surplus budget

NewsBharati    13-Feb-2019
Total Views |

Patna, February 13: Bihar Deputy Chief Minister Sushil Kumar Modi presented a budget of 2 lakh 501 crore rupees for the financial year 2019-20 in the assembly on Tuesday.




 

Deputy CM Modi said the maximum allocation of 34 thousand 799 crore rupees has been made to education sector followed by Rural Development and rural works department. He said over one lakh farmers have so far been registered under Pradhan Mantri Kisan Samman Nidhi Yojana in Bihar.

Deputy CM Modi said 901 crore rupees have been transferred to bank accounts of farmers as input subsidy in over 280 drought affected blocks spread over 24 districts.

“It’s a revenue surplus budget of ₹21,516.99 crore for the financial year 2019-20 with focus on education, energy and development in rural sectors… an amount of ₹34,798 crore is allocated for the education sector while ₹15,699 crore would go to the rural development sector. The allocation for the energy sector is ₹8,894.32 crore,” Deputy Chief Minister and Finance Minister Sushil Kumar Modi said after presenting the budget.

Deputy CM Modi added that the “sustained efforts by the government for the last few years have yielded good results in the economic growth of the State”.

 

The budget also has provision for opening 11 medical colleges in the State, while a substantial amount has been allocated for the welfare of the Scheduled Castes and Tribes, Modi said. An amount of Rs 734 crore has been allocated towards the welfare of the SCs and ₹1,565 crore towards the ST welfare in the budget.