Patna was presented budget today in Bihar assembly. Tarkishore Prasad, who was appointed Deputy Chief Minister and Finance Minister after the formation of the new government, had his first budget speech today in which he presented the economic framework for the financial year 2021-22. According to the budget presented, the government will spend a total of 2 lakh 18 thousand 303 crore rupees in the next one year. Of this, Rs. 1,00,51,880 crore under the State Development Plan head and Rs. 1,17,783.84 crore towards establishment and committed expenditure.
In the financial year 2021-22, developmental and non-developmental expenditure are Rs. 1,52,267.24 crore and Rs. 66,035.46 crore respectively, which is 69,75 percent and 30.25 percent respectively of the total expenditure of Rs. 2,18, 302.70 crore.
In the financial year 2021-22, the public debt surplus is estimated at Rs 2,01,466.71 crore, which is estimated to be 26.67 percent of the state GDP of Rs 7,57,026.00 crore. The surplus of public debt along with other liabilities is estimated at Rs 2,44,185.30 crore, which is estimated to be 32.26 percent of the state GDP of Rs 7,57,026.00 crore.
Information about the proposed amount for major areas is given in which
• Education Department: – Rs 38,035.93 crore is proposed in the year 2021-22, out of which Rs 36,971.29 crore is proposed in the revenue head and Rs 1,064.64 crore in the capital head, 4 percent in the budget of the education department in the financial year 2021-22 compared to the year 2020-21 Increase of over is proposed.
• Health Department: – In the year 2021-22, Rs. 13,264.87 crore is proposed, in which Rs. 10,827.19 crore is proposed in the revenue head and Rs. 2,437.68 crore in the capital head, 21 percent in the budget of the Health Department in the financial year 2021-22 compared to the year 2020-21. Increase of over is proposed.
Energy Sector: – In the year 2021-22, Rs. 8560.00 crore is proposed, in which Rs. 7047.00 crore is proposed in the revenue head and Rs. 1513.00 crore in the capital head. In the financial year 2021 22, an increase of more than 53 percent is proposed in the budget of the Department of Energy as compared to the year 2020-21.
• Road sector: Expenditure is done in the road sector by the Department of Road Construction and Rural Works. An expenditure of Rs 15227.74 crore is estimated in these departments in the year 2021-22, in which Rs 2,850.00 crore is estimated in Maintenance and Repair of Roads (OPRMC). In the financial year 2021-22, the OPRMC item is proposed to grow by more than 93 percent compared to the year 2020-21.
• Under the road sector, a total of 7850 km of rural perth and 731 high-level bridges are targeted to be constructed in the financial year 2021-22, on which a total expenditure of Rs 4,518 crore is proposed. In the financial year 2021-22, a total of 8,000 km of rural patches is targeted to be upgraded, on which a total expenditure of Rs 2,000 crore is proposed.
• Welfare Sector: – In the year 2021-22, an amount of Rs. 12,274.49 crore is proposed to be spent by the departments related to Scheduled Castes and Scheduled Tribes Welfare, Minority Welfare and Backward and Backward Class Welfare and Social Welfare. It is proposed to increase the welfare sector by more than 3 percent in the financial year 2021-22 compared to the year 2020-21.
• Seven-year-2 scheme of self-reliant Bihar under good governance: – In the financial year 2021 22, a budget provision of Rs. Under this, the amount provided in important schemes is as follows
600 crores for promotion scheme to women for post-graduate education.
550 crore for irrigation water scheme till every farm. 550 crores for various schemes under the progress of Yuva Shakti Bihar.
500 crores for the scheme of development of animal and fishery resources. 400 crores for entrepreneurship development scheme, 150 crores for solar street light scheme in all villages.