Accusing NDA government of neglecting Bihar in both general budget and Rail budget, senior JD(U) leader Nitish Kumar on Tuesday said the state`s resolve to develop has not been dampened by the Centre`s `indifference`.
In his maiden budget, Arun Jaitley raised defence allocation by 12.5 percent over the last full budget (2013-14) presented by P Chidambaram in the UPA government. However, this rise in defence expenditure is nowhere close to bridge the gap with China.
The stock market has closed on a positive note a day after the Budget announcement nine times in the past 13 years. However, on July 11, 2014, a day after when Arun Jaitley has presented his first budget, Sensex hasn’t responded favourably to his pragmatic budget.
Terming the condition of Indian economy as "serious", Union Home Minister Rajnath Singh on Saturday said though the new government is working to bring the situation back on track, it will take some time to do so.
Shortly after Prime Minister Narendra Modi-led NDA government on Friday raised the railway passenger fares by 14.2 percent in all classes and freight charge by 6.5 percent, former IPS officer and social activist Kiran Bedi applauded the move saying raising rail fare is like biting the bullet, only a strong government can take unpopular decisions.
BJP`s prime ministerial candidate Narendra Modi on Monday criticised Finance Minister P Chidambaram`s interim budget, terming it "extremely disappointing" and "UPA`s final act of misery after a decade of decay & policy paralysis."