CM Nitish Kumar Welcomes Union Budget, Calls It Progressive and Future-Oriented

Chief Minister Shri Nitish Kumar, while expressing his reaction on the Union Budget, said that this budget is positive and welcome. This budget of the Central Government is progressive and future-oriented. Through this budget, the Central Government has taken several steps to further increase the pace of development of the country. The announcements made for Bihar in the budget will give further impetus to the development of Bihar.

Makhana farmers will benefit from the establishment of a Makhana Board in the state to improve the production, processing, value addition and marketing of Makhana.

Providing the facility of Greenfield airports in Bihar to meet the future needs of the state will increase the number of international flights, which will greatly benefit the people here and will also accelerate the economic development of the state. The farmers here will benefit from getting financial assistance for the Western Kosi Canal Project in Mithilaanchal.

In this budget, provision has been made for the expansion of Patna IIT, which will promote technical education. Establishment of National Institute of Food Technology, Entrepreneurship and Management in Bihar will provide skill, entrepreneurship and employment opportunities to the youth and will promote food processing activities in eastern India.

The Chief Minister said that the middle class has got a lot of relief by getting exemption of up to Rs 12 lakh in the income tax slab. Farmers will get the benefit of increasing the loan limit on Kisan Credit Card from Rs 3 lakh to Rs 5 lakh. Increasing the MSME credit guarantee cover for micro enterprises from Rs 5 crore to Rs 10 crore will increase employment opportunities.

Many steps have been taken in the interest of the poor, youth and farmers in the budget, which is welcome. He said that I thank Prime Minister Shri Narendra Modi and Finance Minister Smt. Nirmala Sitamaran for presenting a better budget.