Bihar not to be benefited much by revamped BRGF

Patna,(BiharTimes): Though Bihar chief minister Nitish Kumar was all praise for the Union Budget what his deputy Sushil Kumar Modi said appears to be more true.
Experts are of the view that the revamped Backward Regions Grant Fund (BRGF) would not translate much for the backward state in the next financial year. Though the Union Finance Minister named the state in his Budget speech he did so without substantial increase in allocations. 

According to reports data available with the Planning Commission on the fund shows that already 36 of the 37 districts of Bihar are covered under the BRGF, which was launched in 2008. The only beneficiary from Chidambaram’s announcement could be the district of Siwan, if it gets covered under new parameters to measure backwardness. 

The Planning Commission officials said that Bihar may get Rs 1,500 crore from the revamped fund, just slightly higher than the money in the current financial year.

A Business Standard report said that from next financial year, existing independent government programmes for Bundelkhand, 82 Maoists affected districts and Kalahandi-Bolangir-Koraput (KBK) region (Odisha) would be merged with the Fund. But, the money allocated for scheme already covering 250 districts in the country has been increased by just Rs. 1,500 crore.

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