Union Budget 2024 Boosts Bihar Development
Union Budget 2024 Boosts Bihar Development

Union Budget 2024 Boosts Bihar Development

News summary

The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, allocated significant funds for Bihar, including ₹26,000 crore for infrastructure projects, ₹21,400 crore for a 2,400-MW power plant, and ₹11,500 crore for flood relief. Despite the Central government's refusal to grant Bihar special status, Chief Minister Nitish Kumar praised the budget, calling it a 'big gift' and a positive step towards addressing the state's developmental needs. Opposition parties like the RJD criticized the budget as insufficient, arguing that true development requires special status. The budget also announced projects to boost tourism and develop infrastructure in Bihar, such as new airports, medical colleges, and expressways. This allocation is seen as crucial for the NDA's stability, with JD(U) and TDP being key allies in the coalition.

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