 "Budget 2024: NDA allies Nitish, Naidu feature prominently; Bihar, Andhra get special packages")
The Union Budget 2024-24, presented by Finance Minister Nirmala Sitharaman on Tuesday (July 23) has made several announcements for Bihar and Andhra Pradesh — states from where it got its key allies Janata Dal (United)-led by Nitish Kumar and Chandrababu Naidu’s Telegu Desam Party (TDP).
FM Sitharaman has announced new airports, medical colleges, highways in Bihar, and Special Financial Support for Andhra Pradesh in Budget 2024.
What Budget 2024 has announced for Bihar
• New airports, medical colleges and sports infrastructure to be set up in Bihar.
• 26,000 crore to be allocated for highways in Bihar
• Requests from the Bihar government for multilateral development support will be expedited, FM Sitharaman said.
VIDEO | Budget 2024 Speech Highlights: "New airports, medical colleges, and sports infrastructure in Bihar will be constructed. An additional allocation to support capital investments will be provided. The request of Bihar government for external assistance from multi-lateral… pic.twitter.com/xlbBYU1CtH
— Press Trust of India (@PTI_News) July 23, 2024
“On the Amritsar-Kolkata industrial corridor, we will support the development of an industrial nod at Gaya in Bihar,” Sitharaman said presenting the Budget 2024 in Lok Sabha.
The Finance Minister further said that the move would catalyse the development of the eastern region.
“We will also support the development of road connectivity projects- Patna -Purnea expressway, Buxar- Bhagalpur highway, Bodhgaya- Rajgir-Vaishali- Darbhanga, and an additional two-lane bridge over river Ganga in Buxar for Rs 26,000 crores,” she added.
Impact Shorts
More ShortsVIDEO | "We will formulate a plan 'Poorvodaya' for all-round development of the Eastern region of the country, covering Bihar, Jharkhand, West Bengal, Odisha and Andhra Pradesh.
— Press Trust of India (@PTI_News) July 23, 2024
"On the Amritsar-Kolkata Industrial Corridor, we will support development of an industrial node at… pic.twitter.com/TMA7HNNL3f
What Andhra Pradesh got from Budget 2024
• Rs 15,000 crore allocated in the current fiscal year to develop Andhra Pradesh’s capital
• Concerted efforts to fulfill commitments under the AP Reorganisation Act
• Grants for backward regions of Andhra Pradesh to be provided as per the AP Reorganisation Act.
“Andhra Pradesh Reorganisation Act - Our government has made efforts to fulfil the commitments in Andhra Pradesh Reorganisation Act,” Sitharaman said.
“Recognising the state’s need for capital, we will facilitate special financial support through multilateral agencies. In the current FY, Rs 15,000 crore will be arranged with additional amounts in future years,” the Finance Minister said.
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