JD(U) MP Sanjay Kumar Jha hailed Budget announcements as a major boost for Bihar, citing a new greenfield airport, Makhana Board, Western Kosi irrigation system, food-processing institute, and taxation relief up to Rs 12 lakhs.
According to an official release, this allocation is 9.53 per cent more than the Budgetary Estimate of FY 2024-25 and stands at 13.45 per cent of the Union Budget, which is the highest among the Ministries.
Piyush Goyal, Union minister for commerce, said the Budget 2025 will boost job creation encompassing all sectors, and it puts fresh impetus towards Viksit Bharat goal.
Union Minister Hardeep Singh Puri called this year's Union Budget excellent and highlighted the income tax exemption up to Rs 12 lakhs which he said will increase the middle class spending, giving a fillip to the economy.
This marks a minor 0.9 per cent increase over last year's Budget Estimate of Rs 11.11 lakh crore, but if compared with revised estimate of 2024-25 at Rs 10.18 lakh crore, the budget estimate of 2025-26 is substantially higher.
Defence Minister Rajnath Singh on Saturday congratulated Finance Minister Nirmala Sitharaman for presenting a "wonderful" Budget towards fulfilling the resolve of Prime Minister Narendra Modi.
In a significant move to provide relief to patients battling severe chronic ailments, Finance Minister Nirmala Sitharaman has announced the expansion of the list of lifesaving drugs and medicines fully exempted from Basic Customs Duty (BCD) in the Union Budget 2025-26.
Aimed at diversifying crops and attaining self reliance or Atmanirbharta, the government is set to launch a six-year pulses mission, with particular focus on tur, urad, and masoor.
FM Nirmala Sitharaman has announced the establishment of the Makhana Board in Bihar. She also announced that Greenfield airports will be felicitated in Bihar in addition to the expansion of the capacity of the Patna Airport and a brownfield airport in Bihta.
Union Home Minister Amit Shah on Saturday congratulated Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the 'comprehensive' and visionary budget.