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  1. Bihar’s surprise package

Bihar’s surprise package

That the PMO was actively involved in the Budget-making process is well-known, what’s less known is the finance ministry was not able to cope...

By: | New Delhi | Published: March 4, 2015 3:55 AM

That the PMO was actively involved in the Budget-making process is well-known, what’s less known is the finance ministry was not able to cope with the PMO’s pace, reports fe Bureau in New Delhi. So, while finance minister Arun Jaitley’s Budget speech talked of a special assistance to Bihar and West Bengal – Bihar will go to polls around November this year and West Bengal in 2016– along the lines of the one given to Andhra Pradesh and Telengana, the Finance Bill does not refer to this. It does, though, detail the Andhra and Telengana package. A senior finance ministry official on Tuesday said the outline of the Bihar and West Bengal packages was only being worked out. This suggests that by the time the PMO’s suggestion came in, it was too late to change the more voluminous Finance Bill.

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