The first budget of the third term of the Modi government has been opened. On Tuesday, Finance Minister Nirmala Sitharaman presented the general budget. This budget can also be called R, R, R. That is, livelihood, roti and politics. Finance Minister Nirmala Sitharaman on Tuesday made a record of presenting the budget for the seventh time in a row. In her speech of 1 hour 23 minutes, her focus was on education, employment, farmers, women and youth. Apart from this, the central government was kind to Nitish Kumar’s Bihar and Chandrababu Naidu’s Andhra Pradesh.
Actually, in this budget, BJP’s allies have been blessed. In this Lok Sabha election, BJP could not get enough seats to form the government on its own. This time the government is of NDA and Bihar’s party JDU and Andhra Pradesh’s party TDP are BJP’s biggest allies. Both the allies were demanding special status for their respective states. Special status was not given but Andhra Pradesh and Bihar have been given the maximum importance in the budget. So much importance that even the opposition parties have made sarcastic remarks about it.
Now first let us know the 10 big things of this budget-
1. Relief in the new tax regime. Now 5% tax on income of 3 to 7 lakhs.
2. Cancer medicines, gold-silver, mobile phones, electrical wires and X-ray machines are cheap.
3. EPFO provides Rs 15,000 assistance for those getting their first job.
4. Education loan will be available in institutions across the country and the government will pay 3% interest on the education loan.
5. Special package announced for Bihar and Andhra Pradesh. Rs 58.9 thousand crores to Bihar. Rs 15 thousand crores to Andhra Pradesh. Special scheme for infrastructure for Bihar, Jharkhand, West Bengal, Odisha and Andhra Pradesh.
6. ₹1.52 lakh crore for agriculture. However, no announcement was made on MSP in the budget.
7. Internship to 20 lakh youth every year.
8. Provision of Rs 3 lakh crore for schemes benefiting women and girls.
9. Under the Surya Ghar Free Electricity Scheme, 300 units of free electricity will be provided to 1 crore households every month.
10. Mudra loan increased from Rs 10 lakh to Rs 20 lakh.
What did Bihar get in the budget
Announcing a slew of development projects, Sitharaman proposed a total outlay of over Rs 60,000 crore for various projects in Bihar, where assembly elections are due next year, and Rs 15,000 crore this fiscal for the development of Andhra Pradesh’s capital, a dream project of Chief Minister Naidu.
Bihar has been given Rs 26,000 crore for new roads and bridges. This will build Patna-Purnia Expressway and Buxar-Bhagalpur Expressway. Bodh Gaya, Vaishali and Darbhanga will also be connected by a road project. Also, a two-lane bridge will be built on the Ganga river in Buxar. A 2400 MW power project will be set up in Pirpainti, Bihar at a cost of Rs 21,400 crore. Rs 11,500 crore will be given for flood management and relief. Mahabodhi Temple and Vishnupad Temple corridor will be built to bring Bihar forward on the tourism map. Rajgir will also be developed for global tourism. Nalanda University will be brought forward as a tourism center.
Andhra Pradesh got this gift
The issue of special state is still alive in Andhra Pradesh. Although this demand of the state could not be fulfilled, Modi government has given many big gifts to TDP in the budget. Andhra Pradesh has got funds for the new capital, Rs 15,000 crore for Amaravati, backward area fund for 3 districts, money for Rayalaseema, Prakasam, North Andhra, emphasis on Polavaram irrigation project, funds for Polavaram project and Visakhapatnam-Chennai industrial corridor.
Source link
[ad_3]
