Bihar Budget 2019 receives its highest allocation of Rs. 34,798.69 crore in this year’s budget against Rs.32, 125.64 crore in 2018-19.
The Bihar government Tuesday connected to the best need to education division in its Budget for 2019-20 with a most astounding ever distribution with no new taxes for its citizens. While introducing the Bihar spending plan in the Legislative Assembly on Tuesday, Deputy Chief Minister-cum-Finance Minister Sushil Kumar Modi additionally agreed top priority to health, road, police divisions and energy other than laying importance on 12 department offices related with “agribusiness guide, for example, horticulture, cooperative, rural improvement and so on., detailed Press Trust of India.
In elementary school (Class 1 to Class 8), Bihar has 37.3% fewer teachers than it needs and is short of 2, 78,602 teachers. Education got the most astounding assignment of Rs. 34,798.69 crore in the current year’s financial plan against Rs. 32,125.64 crore in 2018-19, the Deputy Chief Minister said.
Bihar is third most populous state with 99 million people and literacy rate of 61.8% which is country lowest as compare to Kerala with 93.9%; and female literacy rate of 51.5% as per Kerala of 94%.
The fund serve has likewise reported the work for development of 11 new medical schools in the state. Works for the new medical universities, which are to be set up both by Center and state – will start in 2019-20 at Begusarai, Chapra, Siwan, Samastipur, Sitamarhi, Purnea, Jamui, Jhanjharpur, Vaishali, Bhojpur and Buxar.
Of the evaluated income receipt of Rs. 1,76,747.64 crore of the state government in 2019-20, the express’ own duty income is assessed at Rs. 33,800.00 crore while the express’ very own non-charge income is evaluated at Rs. 4,806.47 crore.
Mr Modi exhibited the Budget of Rs. 2,00,501.01 crore, which is Rs. 23,510.74 crore more than the current 2018-19 year’s Budget of Rs. 1,76,990.27 crore.
The extent of the state’s financial plan has expanded nine overlays to contact Rs. 2, 00,501 crore in 2019-20, from Rs. 23,885 crore in 2004-05, Modi said while showing his tenth budget plan in the Assembly.
“The expansion in size of budget shows that the state is seeing high development which is obvious from the CRISIL report dependent on government information which said that Bihar enlisted the most noteworthy development rate of 11.3 percent among real states in the nation in 2017-18,” Mr Modi said.
