Centre proposes ₹26,000 crore for road projects in Bihar, FM Nirmala Sitharaman in Budget 2024 speech

The Centre on Tuesday proposed an outlay of ₹26,000 crore for various road projects in Bihar. In her Budget for 2024-25, Finance Minister Nirmala Sitharaman said the Union government will arrange financial assistance to Bihar through aid from multilateral development agencies.

“It will catalyse the development of the eastern region. We will also support the development of road connectivity projects-Patna-Purnea expressway, Buxar-Bhagalpur highway Bodhgaya-Rajgir-Vaishali-Darbhanga and an additional two-lane bridge over river Ganga in Buxar for ₹26,000 crores," Nirmala Sitharaman said while presenting the Union Budget 2024 speech in the Parliament.

The government will also set up airports, medical colleges and sports infrastructure in Bihar, she said. The Centre will also formulate plan 'Purvodaya' for all-round development of Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh.

Sitharaman further said the government will support industrial corridors for development in the eastern region.

"Our government will bring out a National Cooperation Policy for systematic, orderly and all-round development of the cooperative sector. Fast-tracking the growth of the rural economy and the generation of employment opportunities on a large scale will be the policy goal. This year, I have made a provision of ₹1.52 lakh crore for Agriculture and Allied Sectors, Union Finance Minister Nirmala Sitharaman said.