Development expenditure has jumped ten-fold: Nitish

Image
Press Trust of India Gaya
Last Updated : May 08 2013 | 11:35 PM IST
Highlighting initiatives undertaken by his government, Bihar Chief Minister Nitish Kumar today said the pace of progress could be understood from the almost ten-fold increase in funds spent on development in the state.
"Prior to the NDA rule not even Rs 3,000 crore were spent on developmental works in Bihar. The amount has now risen to Rs 26,000 crore in fiscal 2012-13," Kumar said here.
He said the government has planned to increase the expenditure on development initiatives to Rs 34,000 crore in the current financial year.
"Earlier, people had the feeling that Bihar can never develop. But now the mindset has changed and the state is setting example for others," the chief minister said.
During his 'Sewa Yatra', Kumar inaugurated 121 projects and laid foundation of 79 projects in between Tekari block and Gaya town, totalling a sum of Rs 224 crore.
The NDA rule came in Bihar in November 2005 after 15 years rein of Lalu Prasad's RJD. The JD(U)-BJP coalition government was re-elected in 2010.
*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: May 08 2013 | 11:35 PM IST

Next Story