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May 22, 2024
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Bihar Govt presents Rs 26,086 crore supplementary budget in assembly

Boosting Agricultural Infrastructure: Bihar Proposes Additional Rs 60.00 Crore for Agricultural Plant Bank in Central Sector Scheme

Patna: The Bihar government has put forth the second supplementary expenditure statement for the financial year 2023-24, amounting to Rs 26,086.3597 crore. Finance Minister Vijay Chaudhary presented this comprehensive proposal, shedding light on the intricate details of income and expenditure in the House.

The proposal allocates Rs 16,016.5974 crore for the annual scheme item, demonstrating the state’s commitment to fostering growth and development across various sectors. A significant portion, Rs 10,009.7623 crore, has been earmarked for establishment and committed expenditure. Furthermore, the central sector scheme will receive a boost with an additional provision of Rs 60.00 crore, specifically designated for the establishment of an Agricultural Plant Bank in Primary Agricultural Credit Societies (PACS) under the Cooperative Department.

Elucidating the distribution further, the annual scheme encompasses critical initiatives, including the Swachh Bharat Mission 2.0, National Health Mission, Pradhan Mantri Gram Sadak Yojana, and more, reflecting the government’s holistic approach to addressing multifaceted challenges across the state. Notably, the allocation plan underlines the emphasis on education, rural infrastructure, housing, water supply, and crucial public service sectors, aligning with the government’s vision for inclusive and sustainable growth.

Furthermore, under the establishment and committed expenditure head, significant provisions have been made for government servants’ salaries, local Panchayati Raj institutions, urban local bodies, and essential maintenance and repair projects, emphasizing the government’s dedication to enhancing public service delivery and infrastructure development.

With these strategic financial allocations, the Bihar government aims to invigorate the state’s socio-economic landscape, fostering progress and prosperity for all its residents.

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