Finance Minister Nirmala Sitharaman is currently presenting the Union Budget 2024 in Parliament. She began her speech by highlighting that India’s economic growth remains strong despite ongoing policy uncertainty in the global economy.
In her speech, the Finance Minister announced the allocation of Rs 26,000 crore for various road projects in Bihar. She added that the government will be arranging financial assistance for the state through aid from multilateral development agencies. She also announced that the government will establish airports, medical colleges, and sports infrastructure in Bihar.
The Centre will also launch the ‘Purvodaya’ plan for the comprehensive development of Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh. Sitharaman added that the government will support an industrial corridor to spur development in the eastern region.