Key Highlights from India's Union Budget 2023-24: Special Allocations for Andhra Pradesh and Bihar
Tuesday, 23 July 2024, 06:15
Union Budget Highlights for 2023-24
This year’s budget reflects the Indian government’s efforts to cater to the needs of its coalition allies. Here are the key announcements:
- Special financial support: Rs 15,000 crore earmarked for Andhra Pradesh’s capital development.
- Infrastructure projects: Increased funding for highway construction in Bihar.
- Power developments: New power projects proposed, including a 2400 MW power plant in Bihar.
Conclusion
With these provisions, the government demonstrates its commitment to regional growth and support for coalition partners like Chandrababu Naidu and Nitish Kumar. This budget aims to strengthen political alliances while enhancing infrastructure across the involved states.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.