Bihar will get reduced share if spl status is granted: Sushil

Image
Press Trust of India Patna
Last Updated : Sep 23 2013 | 6:56 PM IST
Bihar will get a reduced share in the grant for states under Normal Central Assistance (NCA) if it is given the special status as is being demanded by Chief Minister Nitish Kumar, BJP leader Sushil Modi said today.
"Bihar's share in the grant under the NCA for states under the Gadgil-Mukherjee formula will be reduced in the event of grant of special status as it will have to compete with 11 states with special category status to get 9/16 share of the funds under the head," Modi, the former deputy chief minister and state finance minister told reporters.
The funds under the NCA for states have to be shared in the ratio of 9/16 and 7/16 by the special category and general states and under the present formula Bihar gets more funds as a general category state than it will get if granted special status, he added.
Meanwhile, a former RJD MLA Ram Swarath Rai, BSP leader Janak Chamar and the JD(U) leader Rajesh Sinha joined the BJP with their supporters at a function held in the party office.
The leaders in their speeches assailed the UPA government at the centre for price rise and corruption and pledged to work for BJP to ensure NDA's victory in the next Lok Sabha polls under Narendra Modi.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 23 2013 | 6:56 PM IST

Next Story