Bihar Chief Minister Nitish Kumar has welcomed the Union Budget and termed it development-oriented.
In his reaction to the Union Budget, Mr. Kumar hailed the provision to increase the procurement of paddy and wheat. He said, this is a pro-farmer decision.
Mr. Kumar said, the development of basic infrastructure in the country on a large scale is also a commendable move in the Budget.
The Chief Minister also praised the provision of construction of 80 lakh new houses under Pradhan Mantri Awas Yojana.
Mr. Kumar said, the Budget paves the way for an increase in allocation to states in Central Taxes which will ensure availability of larger amounts this year and next year to the states.
He said, this will ease the financial difficulties of states and provide them relief.