Union Budget 2024: Bihar & Andhra Pradesh Win Special Support Lottery

Did Bihar and Andhra Pradesh just hit the jackpot in Union Budget 2024? Discover the special allocations and development plans unveiled by Finance Minister Nirmala Sitharaman!

author-image
Team TICE
New Update
Union Budget 2024 Bihar Andhra Pradesh Win Special Support Lottery

Today, Finance Minister Nirmala Sitharaman presented the Union Budget 2024,outlining the government's vision for India's economic growth and development. The budget speech highlighted various initiatives and allocations aimed at drivingprogress across the country. In a significant move, Finance Minister NirmalaSitharaman announced a slew of measures for Bihar and Andhra Pradesh in herBudget 2024 speech, aiming to accelerate development in these states.

Also read: Union Budget 2024: What's There for India’s Space Sector?

Union Budget 2024: Bihar Gets a Shot in the Arm

Advertisment

Bihar, ruled by the Nitish Kumar-led Janata Dal United, received a substantialallocation of ₹26,000 crore for various road projects. The state will also witness theestablishment of airports, medical colleges, and sports infrastructure, paving the wayfor holistic development.

“We will also support the construction of road connectivity projects, namely Patna-Purnia Expressway, Buxar-Bagalpur Expressway, Bodhgaya-Rajgir-Vaishali-Darbhanga, and an additional two-lane bridge over river Ganga at Buxar at a total cost of Rs 26,000 cr." says FM Nirmala Sitharaman. 

The Centre's 'Purvodaya'plan promises all-round development for Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh, focusing on industrial growth andinfrastructure development. The aim, she said, was to make this region an engine forattaining the goal of Viksit Bharat.

Advertisment

The announcements in the Union Budget for Bihar are significant as the state will goto polls next year. Between the popularity of Chief Minister Nitish Kumar, the BJP willhope that the new announcements will give much-needed push to the BJP-JDU.

Andhra Pradesh: A Focus on Capital Development

Andhra Pradesh, ruled by the Chandrababu Naidu-led Telugu Desam Party (TDP),received a significant allocation of ₹15,000 crore for the development of its capitalcity, Amaravati. The state will also benefit from the Centre's commitment tocompleting and financing the Polavaram irrigation project.

The finance minister said that concerted efforts will be made to fulfill commitmentsmade under the AP Reorganisation Act,for promoting industrial developments, funds will be provided for essential infrastructure such as water, power, railways, and roads. A backward region grant has also been announced for three districts in AndhraPradesh, aiming to bridge the development gap.

A Step Towards Inclusive Growth

Advertisment

Budget 2024's measures for Bihar and Andhra Pradesh reflect the government's focuson inclusive growth, aiming to bridge the development gap and accelerate progress inthese crucial states. The Union Budget of Nirmala Sitharaman has provided ‘specialhelp’ to Bihar and Andhra Pradesh that the key NDA allies — TDP and JDU — had wished for.

Join Our Thriving Entrepreneurial Community

SocialMedia

Follow TICE News on Social Media and create a strong community of Talent, Ideas, Capital, and Entrepreneurship. YouTube  | Linkedin | X (Twitter) | Facebook | News Letters 

Union Budget Nirmala Sitharam Bihar Finance Minister Nirmala Sitharaman Union Budget 2024 Andhra Pradesh