Education, roads get priority in Bihar Budget
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As the Bihar government on Thursday presented its budget of Rs 92,087 crore for 2013-14, education and road construction remained its top priorities. The government recorded a revenue surplus of Rs 6,808 crore.
The government announced that women-owned and driven commercial vehicles will be tax-free. The government will also undertake driving training for women entrepreneurs. The motor vehicles owned by disabled will also be tax-free. Bihar also became the first state in the country to announce its road maintenance policy. The budget also brings good news for 318 legislators (from both houses) as the government will start constructing houses for them at an estimated cost of Rs 303 crore.
Deputy CM and Finance Minister Sushil Kumar Modi said: "Of the plan size of Rs 39,006 crore, Rs 34,000 crore is from the state plan and Rs 4715 crore from the centrally sponsored-scheme. The total non-plan estimate is Rs 53081 crore." Modi said the plan expenditure had now touched 36 per cent, a happy sign for the state's growth. Bihar's revenue — Rs 3561 crore in 2005-06 — is estimated to reach Rs 20962 crore in 2013-14.
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