P Vaidyanathan Iyer / IE
The Prime Minister Narendra Modi’s Rs 1,25,003-crore Bihar package is spread over the next few years and includes new elements such as the power plant in Buxar and a skills university but it also includes amounts earmarked under a variety of schemes across sectors that are part of the Union Budget for 2015-16.
A senior government official in Delhi told The Indian Express, “The new projects will take time for implementation. So the amount will be spent over a period of time. Many elements are also covered in the Union Budget estimate for the current financial year.”
For instance, Rs 68,533 crore or roughly 55 per cent of the package is directed towards rural roads and highways. The Union Budget has allocated Rs 91,181 crore for highways and Pradhan Mantri Gram Sadak Yojana, a portion of which is also meant for Bihar. “Individual ministries will have details of state-wise outlays,” said an official, who did not wish to be named. more
The Prime Minister Narendra Modi’s Rs 1,25,003-crore Bihar package is spread over the next few years and includes new elements such as the power plant in Buxar and a skills university but it also includes amounts earmarked under a variety of schemes across sectors that are part of the Union Budget for 2015-16.
A senior government official in Delhi told The Indian Express, “The new projects will take time for implementation. So the amount will be spent over a period of time. Many elements are also covered in the Union Budget estimate for the current financial year.”
For instance, Rs 68,533 crore or roughly 55 per cent of the package is directed towards rural roads and highways. The Union Budget has allocated Rs 91,181 crore for highways and Pradhan Mantri Gram Sadak Yojana, a portion of which is also meant for Bihar. “Individual ministries will have details of state-wise outlays,” said an official, who did not wish to be named. more
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