"Can the Centre stop the money given to states from Finance Commission. This money is from internal resources of the states. Will the Prime Minister of the country make such a shallow remark?
"The GDP under the Government of India is falling. Sensex has fallen. I think he is definitely disturbed otherwise why should a Prime Minister speak like this," Kumar told reporters at a press conference.
His remarks came after Modi, who addressed an election rally in Bhagalpur today accused Kumar of having "cheated" the people with the so-called development package of Rs 2.7 lakh crore, insisting it was merely the sum of annual budgets of Rs 50 to 55 thousand crore each year over five years.
Contrasting it with the package announced by him, Modi said the development proposals worth Rs 1.25 lakh crore promised by the Centre was beyond Rs 3.75 lakh crore that the state would get towards its annual budget from the Finance Commission.
"It needs to be asked where would the rest of Rs 1.76 lakh crore go if the state only gives Rs 2.7 lakh crore. Will it go the fodder scam way," Modi said, taking a jibe at RJD chief Lalu Prasad, who has been convicted in the fodder scam and barred from contesting elections.
"This is an attempt to befool the people of Bihar. This is an attempt to cheat them. They should realise no one can befool the people of Bihar," Modi said.
Reacting sharply to it, Kumar said the Prime Minister may have "denied" even this money to states even from the Finance Commission if he had this power but this is the Constitutional arrangement.
"The Prime Minister said it was a gift to Bihar, where as the fact is that it is our money," he said reminding Modi that he was also a Chief Minister in the past.
Earlier, Kumar had asked the PM not to make new promises to Bihar but "show moral courage" and ensure implementation of all the promises made till date.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)