With a focus on the education and infrastructure, Bihar deputy chief minister and finance minister Sushil Kumar Modi presented a revenue-surplus budget of Rs. 1.76 trillion for the next fiscal.
The budget, however, concedes that the goods and services tax (GST) impacted on the state government's own tax revenue, which shrunk by an estimated Rs 40 billion in the current fiscal.
On the other hand, no new taxes were announced in the budget speech of the Deputy CM, which was drowned out by the constant protests by opposition members. Out of the total budget of Rs 1.76 trillion, the finance minister had