Nitish Kumar's JD(U) passes resolution demanding special category status for Bihar

[andhra_jp]

 

[andhra_jp]

 

[andhra_jp]

 

[andhra_jp]

 

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JD(U) seeking Rs 30,000 crore in Budget to help fund projects

The Bihar government, which is led by Janata Dal (United)’s Nitish Kumar, made the request during a pre-budget meeting with Finance Minister Nirmala Sitharaman last month, the people said, asking not to be identified because the discussions are private.

 

Both the BJP’s allies want the federal government to allow them to borrow more in the states that they govern. Fiscal rules stipulate that states limit their borrowing to 3% of the region’s gross domestic product. Bihar has asked for an additional 1% of headroom with no conditions attached, people familiar say, while Andhra Pradesh has requested 0.5%.

The JDU also wants for Bihar:

Provision in the current budget for building nine airports, four new metro lines and seven medical colleges in the state
Funding for setting up a 200 billion-rupees thermal power plant
Repair work across over 20,000 kilometers of roads
Bihar has requested special category status, according to local media reports, which would give the state preferential treatment in accessing funds from the central government and receiving tax breaks
A spokesperson for India’s Ministry of Finance didn’t immediately respond to a request for further information. JDU leaders weren’t immediately available to comment.

[riju77]

The recent resolution by Nitish Kumar's JD(U) demanding special category status for Bihar highlights the state's ongoing struggle for equitable development. This status would grant Bihar additional financial aid and concessions, crucial for addressing its economic challenges and boosting infrastructure. It's a significant move aimed at ensuring Bihar's growth aligns with more developed states, underscoring the importance of federal support in achieving balanced national progress.