Bihar Budget 2023-24: 10 lakh jobs, focus on high growth rate | See highlights

• Bihar Finance Minister Vijay Chaudhary presented the first budget of the Mahagathbandhan government
• 10 lakh jobs for youths have been promised in the state budget of 2023-24
• "Fiscal deficit has been reduced from Rs 11,325 crore to Rs 422 crore", said Chaudhary

Bihar Budget 2023-24: Highlights of finance minister's budget speech

• The Centre has denied Bihar the status of a special state.
• Efforts are being made to increase the revenue without increasing the tax burden.
• There are limits to revenue receipts. GST limited the ability of states to levy taxes.
• Objected to not getting a positive signal on the demand for continuation of GST compensation.
• Fiscal deficit under control.
• The fiscal deficit has been reduced from Rs 11,325 crore to Rs 422 crore
• The state government is giving priority to education and health.
• The infant mortality rate has come down from 43 thousand in 2012 to 27 in 2020.
• In the field of education, 2.1 crore enrollment in the eighth standard in 21-22.
• Gross Enrollment Ratio for 2021-22 is also being improved.
• Expenditure on social services has increased 11 times.
• Many ambitious schemes of Bihar are being now followed by the Central government.
• Har Ghar Nal Jal Yojana: Bihar government implemented it in the year 2016, Center implemented it in 2019 under Jal Jeevan Mission.
• Jeevika was implemented in Bihar in 2007, Deendayal Yojana Center started in 2015 on the basis of our Jeevika Yojana.
• We started the scheme to provide electricity to every house in 2016. Later, in September 2017, the Center also came up with a similar plan.
• Bihar launched Jal Jeevan Hariyali Yojana in the year 2019, Center started Amrit Sarovar Yojana on the same lines in April 2022.
• The state government is increasing the expenditure despite the challenges of Covid.
• The whole country including Bihar was affected due to economic recession.
• Youth power is the basis of the future, 10 lakh jobs will be created.
• Along with skill development, proper arrangement of capital is being given priority in the budget.
• The requisition of 49 thousand posts has been sent to Bihar Public Service Commission, and 2900 posts to Staff Selection Commission.
• Out of 75,543 and 90 thousand teachers in Bihar Police, 42 thousand have been appointed.