Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Ayaz Sadiq thanks Saudi crown prince for support to Pakistan during ‘difficult times’

June 8, 2025

Muslims around the world celebrate Eidul Azha 2025

June 8, 2025

Alcaraz saves three match points to beat Sinner to French Open title – Sport

June 8, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » The budget shows concerns over the BJP coalition and upcoming elections
India

The budget shows concerns over the BJP coalition and upcoming elections

i2wtcBy i2wtcJuly 24, 2024No Comments5 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Nirmala Sitharaman tried to close any possibility of Bihar Chief Minister Nitish Kumar exiting the NDA.

release date: July 24, 2024, 12:00 PM

<divクラス="段落">
<p>Minister of Finance Nirmala Sitharaman;</p>
</div>
<p>” src=”https://images.thequint.com/thequint%2F2024-07%2F7213166c-258e-4619-9746-5b21c588ff38%2FUntitled%20design%20(29).jpg” srcset=”https://images. thequint.com/thequint%2F2024-07%2F7213166c-258e-4619-9746-5b21c588ff38%2FUntitled%20design%20(29).jpg?w=480 480w, https://images.thequint.com/thequint%2F2024-07%2F7213166c-258e-4619-9746-5b21c588ff38%2FUntitled%20design%20(29).jpg?w=960 960w, https://images.thequint. com/thequint%2F2024-07%2F7213166c-258e-4619-9746-5b21c588ff38%2FUntitled%20design%20(29).jpg?w=1200 1200w, https://images.thequint.com/thequint%2F2024-07%2F7213166c-258e-4619-9746-5b21c588ff38%2FUntitled%20design%20(29).jpg?w=2048 2048w”/></amp-img></p>
<div>
<div class=

Minister of Finance Nirmala Sitharaman;

✕

Budget speeches are always filled with grim statistics couched in flowery prose. In the past, finance ministers have often borrowed couplets to add levity to their harsh words. Union Finance Minister Nirmala Sitharaman presented the 2024 Budget in Parliament without showing any interest in poetry.

Sitharaman got straight to the point as she detailed Bihar’s package in the Budget. After a while, she seemed to conclude that Bihar alone can realise “Bhikshit Bharat by 2047”. She reminisced about the old days when Union Railway Ministers from Bihar used to fill the Railway Budget with details of new trains and projects for Bihar.

The fear of BJP’s Nitish Kumar

Bihar Chief Minister Nitish Kumar has quit the National Democratic Alliance (NDA) on multiple occasions in the past and has repeatedly vowed not to do so again, even repeating his pledge in front of Prime Minister Narendra Modi while campaigning for the 2024 Lok Sabha elections.

Sitharaman sought to close all doors for the Bihar chief minister to exit the NDA, saying ahead of the Budget presentation that it would no longer be possible for any new states to be elevated to special category status.

His two saviours are Chief Minister Nitish Kumar and Chief Minister N. Chandra Babu Naidu, who, ironically, had previously left the NDA and been fierce critics of Modi.

The Bihar chief minister is battling a steep decline in his political image as floods spark local conflict and a worsening law and order situation tests his administrative skills.

As Nitish gears up for the Bihar Assembly elections next year, Bihar will be a big test for the BJP as both the JD(U) and the BJP will be trying to remain in power. Sitharaman has laid out a scenario for both the JD(U) and the BJP to retain their grip in Bihar.

Bihar Budget: Charm offensive

The two new expressways, from Patna to Purnia and Buxar to Bhagalpur, will be music to the ears of Biharis, thousands of whom end up taking the gruelling 16-hour bus journey from Delhi to Bihar.

The industrial hub at Gaya in the Amritsar-Kolkata Industrial Corridor is like rain in a drought, as Bihar has almost no industries to speak of, with Jamshedpur and Jashdi shifting to Jharkhand following bifurcation of the states.

Even more impressive are the proposals for a power station at Pirpainti in Bhagalpur and the Kashi Vishwanath Model for redeveloping the most popular temples at Bodh Gaya and Rajgir, as well as developing a world-class tourism industry at Nalanda.

Sitharaman also announced Rs 1,150 crore in financial support for irrigation and flood mitigation projects, before the Bihar chief minister said “do more”. Modi will be confident that he has now firmly eradicated any bitterness against Kumar and strengthened his position for the upcoming elections.

advertisement
advertisement

The special package for Bihar surpassed the proposal for Andhra Pradesh in both quantity and quality.Unlike the JD(U), the TDP did not demand special category status in the cross-party meeting before the Assembly session.

The BJP feels that things will get tough for them as Naidu will have to take Modi’s support to set up the Andhra Pradesh capital in Amravati.

The BJP is gearing up for state assembly elections in Jharkhand, Maharashtra and Haryana later this year, which are already worrying its strategists, with unemployment threatening to derail the party’s campaign in the three states.

The BJP suffered major setbacks in the Lok Sabha elections in Uttar Pradesh, Maharashtra and Rajasthan after failing to achieve its ambitious targets, with comprehensive surveys blaming the unemployment crisis for hampering its electoral dominance.

PM Modi seeks youth connectivity

The urgency of creating jobs has also been apparent in the ruling government, where Sitharaman announced the Prime Minister’s Employment Linked Incentive Scheme, which aims to create 29 crore jobs besides internships for 10 million youth.

Union Railway Minister Ashwini Viashnau said at a press conference after the budget presentation that efforts were underway to fill 40,000 vacancies in the state transport company. Sitharaman’s proposal, along with an infrastructure budget of Rs 11.11 trillion, aims to provide interest-free assistance of Rs 1.5 trillion over 50 years to states to jump-start their economies and boost job creation.

Sitharaman mentioned “railways” expenditure only once in her budget speech and did not mention any “grand schemes” for infrastructure, believing she was merely repeating what had been proposed in the interim budget and previous budget speeches. PMGSY Phase IV is a good example of repackaging of old schemes in the budget.

Speaking at a press conference after the budget presentation, Vaishnaw acknowledged that the railway budget includes already-announced proposals to build 2,500 general passenger coaches this year and another 10,000 thereafter, as well as rural and urban housing and solar power schemes.

It is often political expediency that drives the economy and Sitharaman made it clear that Bihar, Andhra Pradesh and the youth are the three pillars of her Union Budget. The promise to tackle the issue of a new pension scheme quickly underlined the BJP’s focus on electoral expediency. Babs It is not an immediate threat.

(The author is a veteran journalist based in Delhi. This is an opinion piece and the views expressed above are the author’s own. The Quint does not endorse these and is not responsible for them.)

(At The Quint we are accountable only to our readers: become a member and take an active role in shaping our journalism, because truth has value.)



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

India

Kohli wins first IPL title as RCB beat Punjab Kings in final | Cricket News

June 3, 2025
India

‘Everyone feels unsafe’: Border panic as Indian forces kill Myanmar rebels | Politics News

June 2, 2025
India

India general admits jet losses in clash with Pakistan: Here’s what he said | India-Pakistan Tensions News

June 1, 2025
India

At least 30 killed in India’s northeast as rains trigger floods, landslides | Weather News

June 1, 2025
India

India top general admits aerial ‘losses’ in recent conflict with Pakistan | India-Pakistan Tensions News

May 31, 2025
India

India’s latest coffee hub? Beans and brews offer new hope to Nagaland | Agriculture

May 31, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Ayaz Sadiq thanks Saudi crown prince for support to Pakistan during ‘difficult times’

June 8, 2025

Swimming at the 2023 World Aquatics Championships Preview

January 5, 2020

21 Best Smart Kitchen Appliances 2024 – Smart Cooking Devices

January 6, 2020

World Music Day 2023: What Is It and Why Do We Celebrate It?

January 7, 2020
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Ayaz Sadiq thanks Saudi crown prince for support to Pakistan during ‘difficult times’

June 8, 2025

Muslims around the world celebrate Eidul Azha 2025

June 8, 2025

Alcaraz saves three match points to beat Sinner to French Open title – Sport

June 8, 2025
Most Popular

Joint debugging, testing conducted on high-speed railway in NE China-Xinhua

June 2, 2025

Hungarian students connect with Chinese astronauts in “Tiangong Classroom” event-Xinhua

June 7, 2025

Tesla lowers prices by nearly $2,000 in China to match US price cuts

April 21, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.