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Patna, (Bihar Times): Amidst boycott by the opposition
MLAs the deputy chief minister-cum-finance minister
Sushil Kumar Modi on Monday presented a surplus budget
for 2008-09. It shows a surplus of Rs 4,613 crore,
with emphasis on agriculture, poverty alleviation, job
creation, infrastructure development and irrigation.
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 The opposition boycotted the proceedings of the House
in protest against the killing of the district
president of the RJD on Saturday night.
Later talking to newsmen he said the steps taken by
the Nitish Kumar government for controlling wasteful
expenditure had improved the state’s financial
performance. He also indicated a healthy 14 per cent
growth in terms of revenue generation from the year
2007-08 when the surplus was to the tune of Rs 3,483
crore (Rs 34.83 billion).
The total planned and non-planned expenditure for the
coming fiscal has been pegged at Rs.38,574.11 crore
(Rs.385.74 billion), up from Rs.33,783.71 crore
(Rs.337.83 billion) during the current fiscal.
Modi said that the capital expenditure was proposed to
be increased by 19.5 per cent from the current year
and four times from 2005-06.
As announced earlier too the state plan during 2008-09
has been increased to Rs 13,500 crore, which is 32.35
per cent more from the current financial year.
The non-plan outlays for education, health and repair
of roads have been increased by 15 percent, 25 percent
and 12 percent respectively, that is, to Rs 5,267
crore, Rs 1,278 crore and Rs 435 crore.
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