Finance Minister mentioned the flood
In the budget speech, Finance Minister Nirmala Sitharaman mentioned the damage caused by floods and heavy rains in Bihar, Assam, Himachal Pradesh, Uttarakhand, Sikkim and announced help from the central government. However, nothing was said about the damage caused by floods in Manipur. While presenting the budget, the Finance Minister said that Assam has been battling floods for the last two years. In such a situation, the state will get financial help. Apart from this, financial help will be given to compensate for the loss caused by last year's flood in Sikkim.
The Finance Minister said that more than 100 branches of India Post Payment Bank (IPPB) will be opened in the Northeast. The budget said that for the development of Andhra Pradesh, Rs 15,000 crore will be arranged for the development of the state capital in the current financial year and future years. Finance Minister Nirmala Sitharaman said that the government will also provide special financial assistance for the development of the capital city. Apart from this, the Center allocated more than three lakh crore rupees for schemes benefiting women and girls. Sitharaman said that she is fully committed to completing and financing the Polavaram irrigation project. Backward region grants were also announced for three districts of the state.
Many announcements for Bihar in the budget
Many big steps were taken for Bihar in the budget. An expenditure of more than Rs 60,000 crore was proposed for various projects in the state. These include plans for three expressways, a power plant, heritage corridor, new airport and sports infrastructure. The Finance Minister has announced the Purvodaya scheme. The Center has announced the Purvodaya scheme for the development of eastern states like Bihar, Jharkhand, West Bengal, Odisha and Andhra Pradesh. Under this, focus will be on human resource development and infrastructure development.
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