Budget 2024: Centre Allocates Rs 26,000 Crore For Mega Road Projects In Bihar – Key Takeaways
Other bonanza in Budget 2024 for NDA-ruled Bihar, include setting up of a 2,400 MW power plant at Pirpainti, in Bhagalpur district, which "will be taken up at a cost of Rs 21,400 crore".
Expense sequence 2024: The Crucial government Tuesday announced an big Rs 26,000 crore allotment for developing great avenue connectivity tasks in Bihar. The allocations, made within the Union Expense sequence by Finance Minister Nirmala Sitharaman, announced the Centre’s manual for funding three key avenue tasks–Patna-Purnea Freeway, Buxar-Bhagalpur Freeway, and Bodhgaya, Rajgir, Vaishali and Darbhanga spurs, within the country.
The allocated amount also incorporates funds for a various two-lane bridge over river Ganga at Buxar. These four tasks can have “a complete check of Rs 26,000 crore,” Sitharaman outlined.
A mixed amount of Rs 60,000 crore became allocated by the Centre for a sequence of tasks, which incorporates a electrical vigour plant, heritage corridors, new airports and actual spare time activities infrastructure, in Bihar.
Other bonanza for NDA-ruled Bihar, encompass inserting in of a 2,400 MW electrical vigour plant at Pirpainti, in Bhagalpur district, which “may be taken up at a check of Rs 21,400 crore”. “New airports, scientific schools and actual spare time activities infrastructure in Bihar may be constructed,” outlined Sitharaman.
Equally, the Centre would also help Bihar, which has always suffered from floods in heaps of rivers originating from Nepal.
“Our government, thru the Accelerated Irrigation Skills Programme and various sources, will supply fiscal manual for tasks with estimated check of Rs 11,five hundred crore corresponding to the Kosi-Mechi intra-country link and 20 various ongoing and new schemes corresponding to barrages, river air pollution abatement and irrigation tasks,” she outlined.
The mammoth allocations are notion of by many as a bit of BJP’s efforts to placate Bihar Chief Minister Nitish Kumar-led Janata Dal (United), a key ally within the contemporary NDA dispensation, after the federal government rejected its demand for a uncommon category attractiveness to Bihar.
Transit-oriented dev plan for great cities
In great recordsdata, the federal government announced that a transit-oriented growth plan is within the works for 14 big cities within the u . s . with populace of over 30 lakh. Making the bulletins even as imparting the Union Expense sequence 2024-25 within the Lok Sabha, Sitharaman outlined a framework may be formulated by the federal government for the ingenious redevelopment of cities.
Sitharaman also announced a Crucial help of Rs 2.2 lakh crore for urban housing over the subsequent 5 years as competently as an exercise subsidy scheme to facilitate loans at less steeply-priced rates for urban housing works.
Equally, the finance minister outlined the measures may be put in space by the Crucial government to be definite an surroundings friendly and obvious condominium housing market with stronger availability. She also proposed a scheme to manual the expansion of a hundred weekly haats or avenue food hubs in percent upon cities.
(With PTI inputs)
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