"We are opening the 1.25 lakh crore package. We are working on the projects re-packaged in it. We will make public its reality," Kumar said while starting development projects worth Rs 19,500 crore in the state at a ceremony here.
"We will evaluate everything in the package and place them before you in the coming days. We will also see what happened to all our proposals submitted to the Central government regarding the needs for the state," Kumar added.
The Bihar Chief Minister lambasted the Centre for not upholding the tradition of 'cooperative federalism' by way of taking suggestions or consulting the states.
"We never received any replies for all our proposals that we submitted to the Centre after meeting and consulting all political parties, barring one which did not come. If this is the kind of cooperative federalism you (Centre) practise, we have nothing to say," he said.
"We need complete tax holiday to attract investment. Giving a little here and there will not have any affect. Investors will come when full relief from taxes are given for a certain period and this can happen only if special category status is given," he added.
Kumar argued that he wanted Bihar not just to become an "investment destination, but also employment destination".
He talked about his dream that the young generation does not have to leave the state in search of employment.
Kumar said seven Union Ministers and a dozen former state ministers, who had worked with him earlier, kept snapping at whatever he spoke, and his every statement evoked at least 12 to 14 comments from the opposition BJP.
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
