Wednesday, August 19, 2015

1.25 lakh crore package for Bihar

Here are the details of the recently announced package for Bihar. This will lead Bihar into an era of growth or just prove an election gimmick, time will tell. However PM has said that Bihar has unlimited potential and it is a known fact to all. But one thing is for sure, return of Lalu Yadav will take Bihar in an era of lawlessness. 
Details of the Bihar Package announced in the backdrop of elections. 
SectorsAmountHighlights
Farmer’s Welfare Rs. 3,094 cr·Up-gradation of Rajendra Prasad Agriculture University to Central University, creation of new Research Centre·Development of FisheriesFarm water management, Storage capacityFarm mechanisationSeed production systems
·Construction of new Godowns for foodgrains
EducationRs. 1,000 cr·Central University near Bhagalpur
·IIM at Bodhgaya
Skill DevelopmentRs. 1,550 cr·Establishment of Mega Skill University·Training of 1 lakh youth
HealthRs. 600 cr·Up-gradation of 3 medical colleges at Patna, Bhagalpur, Gaya
ElectricityRs. 16,130 cr·1,300 MW new power plant at Buxor
·Electrification of villages under Deen Dayal Upadhyay Gram Vidyut Yojana (sufficient for farms, uninterrupted for homes)
·Electrification of townscities under Integrated Power Development Scheme
Rural RoadsRs. 13,820 cr·22,500 kms of Rural Roads
HighwaysRs. 54,713 cr·2,775 kms of National Highways (four-laning and widening)
·Construction of Bridges (across Ganga, Sone, Kosi)
·Construction of 12 Rail overbridges
RailwaysRs. 8,870 cr·Doubling and Tripling of 676 kms of Railway line·Electrification of 574 kms
AirportsRs. 2,700 cr·Construction of new airport at Patna
·Development of airports at Gaya, Raxaul, Purnea
Digital Bihar Rs. 449 cr·Software Technology ParksRural BPOs, Training Centres
·1,000 new Mobile towers to increase coverage and quality
·30 WiFi hotspots across prominent tourist places
·Common Service Centres to be scaled up from 8,800 to 26,000
Petroleum & GasRs. 21,476 cr·Expansion of Barauni Refinery + new Petrochemical Plant
·Construction of Gas pipelines, new LPG plants and massive expansion in domestic LPG connections
·Petrol-Diesel pipeline from Raxaul to Nepal
TourismRs. 600 cr·Development of 7 Tourist circuits
TotalRs. 1,25,003 cr
Other Investments
CategoryAmount
Unspent amount of 2013 Package (of Rs 12,000 cr)Rs. 8,282 cr
Ongoing works of National HighwaysRs. 12,375 cr
UMPP (Ultra Mega Power Project) in Banka under PPPRs.  20,000 cr
TotalRs.  40,657 cr
 
Tax Relief on New Capital Investment for galvanizing Industrial Development

Prime Minister’s Bihar Package is over and above on-going National social sector schemes:-Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Atal Pension Yojana, Sukanya Samruddhi Yojana, MUDRA, Free LPG connections to BPL, Swachh Vidyalaya Abhiyan and so on.

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