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Patna, Feb 25 () The Nitish Kumar government presented a Rs 2.11 lakh crore budget for 2020-21 on Tuesday, with a special emphasis on education, health and infrastructure. Presenting the budget with a revenue surplus of Rs 19,172.80 crore, state Finance Minister Sushil Kumar Modi said the proposed allocations made for 2020-21 are Rs 11,260.48 crore more than the current fiscal's. Bihar's Budget has increased eight times and touched Rs 2,11,761.49 crore in 2020-21 from Rs 23,885 crore in 2004- 05, Modi said in his 11th Budget speech. The state government has made the highest allocation of Rs 35,191.05 crore to the education department. Besides, Rs 17,345 crore was allocated for road building and Rs 10,937.68 crore was earmarked for healthcare. Except for 2012-13, the state has been presenting a revenue surplus budget since 2008-09, said Modi who is also the deputy chief minister. AR SOM MRMR

Push for education, healthcare in Bihar's Rs 2.11 lakh cr budget

Patna, Feb 1 () Bihar Deputy Chief Minister Sushil Kumar Modi on Saturday said the Union Budget 2020-21 will not only help in generating employment opportunities and income but will also be able to tackle recession in a better way.
After incorporating the 15th Finance Commission's recommendations in this year's budget, Bihar's share in central taxes has increased by 0.396 per cent from 9.665 per cent in 2019-20 to 10.061 per cent in 2020-21, said Modi, who also holds finance and commercial taxes portfolios in Bihar's NDA government. 
With this, the state's share in central taxes has increased by Rs 15,000 crore from Rs 63,406 crore in 2019-20 to Rs 78,896 crore in 2020-21, he said.
The simplification of income tax slabs, besides several proposals with regard to small and medium sector enterprises and agriculture sector have been made in this year's budget, he said, adding that these measures would create employment opportunities, enhance people's income and give more money into people's hands to save and consume which would help in tackling the recession in a better way. 
A host of opposition leaders, including RJD's Tejashwi Yadav, RLSP chief Upendra Kushwaha, former Bihar chief minister and HAM (S) president Jitan Ram Manjhi criticised the Centre's budget, presented by Finance Minister Nirmala Sitharaman, asserting that it did not contain anything for Bihar. AR KJ

Union Budget to generate employment, tackle recession: Sushil Modi

Patna, Feb 24 () Bihar clocked a growth rate of10.53 per cent in 2018-19 as against the national average of6.8 per cent, according to the state's Economic Survey for2019-20."Bihar recorded an average growth rate of above 10 percent in the past three consecutive years," Deputy ChiefMinister Sushil Kumar Modi said, while tabling the 14thEconomic Survey in the assembly.The main drivers of the economy which have helped thestate register a double-digit growth include air transport (36per cent), other services (20 per cent), trader and repairservices (17.6 per cent) and road transport (14 per cent), hesaid.Sushil Modi said the fiscal deficit was 2.68 per centof GSDP, revenue surplus 1.34 per cent and outstanding publicdebt liability of the state government 32.34 per cent of theGSDP during 2018-19.The total revenue receipt of Bihar was Rs 1,31,793crore and capital receipt Rs 20,494 crore, he said, adding,revenue expenditure and total expenditure were Rs 1,24,897crore and Rs 1,54,655 crore, respectively.Gross State Domestic Product (GSDP) stood at Rs5,57,490 crore at current prices and Rs 3,94,350 crore atconstant (2011-12) prices in 2018-19, he added. ARRBT RBT

Bihar registered 10.5pc growth rate in FY19: Economic Survey

<ul><li>Following the <keyword id="28504" type="LOCATION" weightage="20" keywordseo="Kerala">Kerala</keyword> <keyword id="48088" type="COMPANY" weightage="20" keywordseo="floods">floods</keyword> in late August, it was found that the National <keyword id="41418" type="PERSON" weightage="20" keywordseo="Disaster">Disaster</keyword> Relief Fund (NDRF) was insufficiently capitalised to finance relief efforts. </li><li>In light of this, the Indian government has instituted a panel, comprising several state finance ministers, to assess the feasibility of introducing a “natural disaster tax” under the <keyword id="6354679" type="DEFINITION" weightage="20" keywordseo="gst">GST</keyword> regime. </li><li>It remains to be seen whether the <keyword id="6386887" type="UNKNOWN" weightage="20" keywordseo="cess">cess</keyword> would be a state-level or national-level <keyword id="45031" type="PERSON" weightage="20" keywordseo="Tax">tax</keyword> and whether it would imposed on a specific set of items or all items. A questionnaire will be sent to all states to get their views on the same. </li></ul>In the aftermath of the Kerala floods in late August, in which close to 500 people died and the damages were estimated to be around ₹200 billion, a major criticism was levied at the central government’s slow release of aid funds. It was found that the National Disaster Relief Fund (NDRF) and State Disaster Response Fund (SDRF) were insufficiently capitalised. In addition, the process of applying for and receiving aid from the corpus fund is extremely <a href="https://www.business-standard.com/article/current-affairs/flood-ravaged-kerala-s-wait-for-full-central-aid-package-could-be-long-118082700019_1.html">time-consuming</a>. The NDRF is funded by a “National Calamity Contingent Duty” on tobacco products and similar items. However, after the imposition of GST last year, the contributions to the fund have been declining. In light of this, the Indian government has instituted a panel, comprising several state finance ministers, to assess the feasibility of introducing a “natural disaster tax” under the Goods and Services Tax (GST) regime. The panel, which is led by Bihar deputy CM Sushil Kumar Modi, is set to consult India’s attorney general, K. K. Venugopal, on the legal implications of levying a disaster tax to fund the recovery efforts of states that have been struck by natural disasters. Under the GST Act, states are allowed to charge a cess in the event that they suffer losses of revenue due to the implementation of the GST regime. A disaster cess would require the approval of an apex court. The GST Council decided to form the panel <a href="https://www.ndtv.com/india-news/gst-council-meets-to-consider-new-tax-for-kerala-flood-future-calamities-1923718">at the end of September </a>following a proposal from the government of Kerala to impose an additional 10% cess on specific goods sold in the state so as to fund reconstruction and rehabilitation. At the time, the central government said that the Kerala’s proposal would be difficult to implement given the absence of any tax credits on cesses. It remains to be seen whether the cess would be a state-level or national-level tax and whether it would imposed on a specific set of items or all items. A national-level tax under the GST regime seems more likely after the panel recognised the possibility that residents of Kerala would opt for large purchases outside the state so as to avoid paying the additional cess. A questionnaire will be sent to all states so as to establish a majority consensus on the above issues. The panel’s next meeting will be in November.

India is mulling the introduction of a “natural disaster tax” to fund relief efforts

New Delhi, Dec 21 () States are not in favour of increasing GST rates at a time when there is a consumption slowdown and it is not the right time to bring down the number of slabs under the Goods and Services Tax (GST), Sushil Kumar Modi, Deputy Chief Minister of Bihar and Convenor of Group of Ministers on IGST, said on Saturday.
There is no possibility of any change in the Goods and Services Tax (GST) rates till the revenue stabilises, Modi said while speaking on the theme 'India: Roadmap to a USD 5 trillion economy' at FICCI's 92nd Annual Convention here.
"I want to assure you that not a single state... (and) the union government is ready to raise the tax rates," he said.
"At a time when the economy is in a slowdown, if you cannot cut the tax rate to boost consumption, do not increase the rates too. At these times you cut the duties and tax rates, and not increase them," Modi said.
On the chances of any reduction in GST rates, he said, "Till the time GST revenue does not stabilise, we cannot think of decreasing the tax rates. In fact, there is no possibility of any change in slabs and tax rates, hike or cut, in the near future."
There have been a shortfall in GST revenue collections against the projections. It crossed the Rs 1 lakh crore mark after a gap of three months in November with the revenue growing by 6 per cent to Rs 1.03 lakh crore during the month.
The collection was Rs 95,380 crore in October.
Modi also informed that now onwards the GST Council has decided to consider any change in tax rates only once in a year and rather than doing so in each and every meeting.
The latest meeting of the GST Council took place earlier this week, where the government fixed a uniform tax rate of 28 per cent on both state and private lotteries, which is to come to effect from March 2020.
In the previous various meetings of the GST Council, the government cut the rates on various services and goods, amidst GST collections remaining below expectations, with an aim to boost demand.
He also said that the time is not right to bring down the number of slabs under GST from the current five (0, 5, 12, 18 and 28 per cents) to 3 slabs.
Modi, who was the Finance Minister of Bihar when value-added tax (VAT) was administered in the country, said he is closely watching the execution of GST and enriching the process with learnings from eight different countries.
Compared to the pre-GST period, 99 per cent of the goods and services have less taxes levied on them post-GST, he said. 
Fake invoicing has become a major issue and the government is looking for ways to check the menace, Modi said. KPM MKJ

No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi

In the run up to the Lok Sabha elections earlier this year, there was a huge controversy when <keyword id="1275069" type="PERSON" weightage="100" keywordseo="Sanjay-Baru">Sanjay Baru</keyword>, the then Prime Minister Manmohan Singh’s media advisor, released a book <keyword id="2193106" type="POSITION" weightage="100" keywordseo="The-Accidental-Prime-Minister">The Accidental Prime Minister</keyword>: The Making and Unmaking of Manmohan Singh. In this book, he alleged that the PM did not exercise full control over the government and was remote-controlled by the UPA chairperson Sonia Gandhi. 
 However, this was not a one-off case in Indian politics. There have many instances of ‘<keyword id="2443943" type="UNKNOWN" weightage="100" keywordseo="Accidental-Chief-Ministers">accidental chief ministers</keyword>’ taking office in various states. The latest example is Bihar’s new <keyword id="5269" type="POSITION" weightage="100" keywordseo="Chief-Minister">Chief Minister</keyword> <keyword id="6385519" type="PERSON" weightage="100" keywordseo="Jitan-Ram-Manjhi">Jitan Ram Manjhi</keyword>. Following the dismal performance of his party, the Janata Dal (United), in the 2014 Lok Sabha elections, <keyword id="6358190" type="PERSON" weightage="80" keywordseo="Nitish-Kumar">Nitish Kumar</keyword> played the tried and tested caste card and anointed Manjhi – who belongs to the Musahar caste (the most backward caste among the Dalits) – as the state’s chief minister. Manjhi is not known for his administrative skills and is widely regarded as Nitish’s ‘puppet.’ BJP’s <keyword id="6364740" type="PERSON" weightage="80" keywordseo="Sushil-Kumar-Modi">Sushil Kumar Modi</keyword>, Bihar’s former deputy chief minister, even dubbed Manjhi as "<keyword id="2443948" type="UNKNOWN" weightage="100" keywordseo="dummy-chief-minister">dummy chief minister</keyword>." 
 
 
 
In Bihar itself, on July 25, 1997, the then Chief Minister Lalu Yadav was forced to quit after an arrest warrant was issued against him in connection with the <keyword id="6362256" type="UNKNOWN" weightage="100" keywordseo="Fodder-scam">fodder scam</keyword> case. In order to retain hold on power, he brazenly installed his wife <keyword id="6362315" type="PERSON" weightage="100" keywordseo="Rabri-Devi">Rabri Devi</keyword>, who was not only a political novice but was also illiterate, as chief minister of Bihar. 
 

	Rabri Devi earned the dubious distinction of being the <keyword id="2443949" type="UNKNOWN" weightage="100" keywordseo="first-illiterate-chief-minister">first illiterate chief minister</keyword> of a state. Interestingly, in the press conference following her swearing-in ceremony, Lalu asked reporters not to pose tricky questions to her as she was new to politics and a “seedhi-saadi aurat.” 
	 
	 
	 In the neighbouring state of Jharkhand, Madhu Koda, an independent MLA, was propped up as chief minister by Lalu Yadav’s Rashtriya Janata Dal, <keyword id="6362712" type="ORGANIZATION" weightage="80" keywordseo="Jharkhand-Mukti-Morcha">Jharkhand Mukti Morcha</keyword> and the Congress. It was Lalu’s masterstroke to keep the BJP away from power. It was also for the first time that an independent MLA was made the chief minister of a state.<o:p></o:p>
He is known only for the large-scale corruption that marked his rule. Koda allegedly took huge bribes for illegally allotting iron ore and coal mining contracts as the chief minister of the state. According to estimates, Koda and his associates accumulated Rs 4,000 crore in the mining scam. He was also arrested and he is currently out on bail. 
 In Maharashtra, <keyword id="6356262" type="PERSON" weightage="100" keywordseo="Prithviraj-Chavan">Prithviraj Chavan</keyword> was appointed the chief minister after Ashok Chavan had to step down from the chief minister's post after the allegations of his involvement in the Adarsh Housing Society scam. Prithviraj Chavan, who is not a significant political figure, has still not been able to have a firm grip either on the party or the government. He had no experience of the state politics of Maharashtra and was directly paratrooped as the state’s chief minister. Although he has been in politics for almost three decades, he was never a member of the state legislature. 
 <keyword id="172066" type="PERSON" weightage="100" keywordseo="Sadanand-Gowda">Sadanand Gowda</keyword>, who is the current railway minister, was the self-proclaimed ‘accidental chief minister' as he had himself once admitted that he was an accidental CM. He said he had never thought he would become chief minister one day. Gowda said his “politics of love” was the reason behind his accomplishment.

The Making And Unmaking Of Accidental Chief Ministers

Around 19.26 per cent polling was recorded before noon on Tuesday in 94 <keyword id="30033" type="COMPANY" weightage="20" keywordseo="Bihar">Bihar</keyword> Assembly segments in 17 districts, though it was expected to pick up speed as the day progressed, an official said. Muzaffarpur district with 26.09 per cent polling led the table, followed by Gopalganj at 24.12 per cent. West Champaran district registered 21.99 per cent polling by 11 am. Polling percentage in Sheohar was 19.25, Sitamarhi 20.22, Madhubani 18.13, Vaishali 20.33, Samastipur 21.76, Begusarai 19.01, East Champaran 15.76, Darbhanga 15.65, Siwan 15.96, Saran 16.69, Khagaria 19.57, Bhagalpur 20.08, Nalanda 20.20, and Patna 18.16. Officials received a few complaints about non-functioning EVMs and VVPATs in six districts. A group of women in Gopalgang refused to vote at a polling booth after alleging that the EVM had been tampered with. An official at the election control room in Patna said booth number 89 in Darbhanga, 121 in Gopalgang, and 136 in Muzaffarpur reported technical glitches and errors in EVMs during mock polling in polling booth in Ugiyarpur constituency. During the second phase of polling, first-time voter Priyanka, 19, came on a bicycle to cast her vote along with her grandmother in the Raj Bhavan polling booth on Tuesday morning. "I am very happy to cast my vote for the first time. I pressed the EVM button while keeping the jobs issue in mind," she said. Deputy Chief Minister Sushil Kumar Modi cast his vote at Kumhrar's St Joseph High School in Patna district. "I appeal to the people of Bihar to come out and cast their votes by following Covid norms," he said. During the polling, some voters raised objections over the VIP treatment to Sushil Modi. Many voters claimed that they had been standing in queues for half an hour but he just arrived and cast his vote without standing in a queue. Chandrika Rai, Janata Dal-United candidate, also cast his vote in Vaishali. He lashed out at Lok Janshakti Party President Chirag Paswan and said that he did not know the ground realities in Bihar. "He lives in Delhi, wears branded clothes and follows 5-star culture. He doesn't know the ground situation in Bihar," he said. As per the Election Commission, Pirpainti in Bhagalpur district is the largest Assembly segment going to polls in the second phase, with 3.34 lakh voters, including 1.78 lakh males, 1.56 lakh females, and 12 transgenders. Cheria Bariyarpur is the smallest segment with 2.48 lakh voters, including 1.30 lakh males, 1.17 females, and 12 transgenders. Polling in 94 Assembly segments in 17 districts will be held from 7 am till 6 pm. The polling in some sensitive constituencies will end at 4 pm as per the Election Commission (EC) directions.

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Push for education, healthcare in Bihar's Rs 2.11 lakh cr budget

PTI

Union Budget to generate employment, tackle recession: Sushil Modi

PTI

Bihar registered 10.5pc growth rate in FY19: Economic Survey

PTI

India is mulling the introduction of a “natural disaster tax” to fund relief efforts

Dilsher Dhillon

No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi

PTI

The Making And Unmaking Of Accidental Chief Ministers

Manish Kumar

Bihar elections 2020: 19.26% polling recorded before noon

IANS

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