- Bihar budget 2019-20: Highlights
- The outstanding public debt is estimated at Rs 1,47,360.51 crore in 2019-20 which is 25.73% of GSDP of Rs 5,72,827.00 crore. Total debt including liability in public account estimate is Rs 1,89,430.60 crore in 2019-20 which is 33.07% of GSDP of Rs 5,72,827.00 crore.
- The fiscal deficit has been estimated at Rs 16,101.05 crore which is 2.81% of GSDP estimate at Rs 5,72,827.00 crore for the year 2019-20.
- The state has revenue surplus of Rs 21,516.99 crore during 2019-20 which is 3.76% of GSDP. GSDP estimate is Rs 5,72,827.00 crore for the year 2019-20.
- Grants in aid from Central government to state is estimated at Rs 49,019.38 crore in 2019-20 which is Rs 2,588.26 crore more than Rs. 46,431.12 crore for the year 2018-19 budget estimate. Central Sector Scheme (CSS) for the financial year 2019-20 is estimated at Rs 497.03 crore.
- State’s share in central taxes is estimated at Rs. 89121.79 crore in 2019-20. This is Rs 12,949.42 crore more than Rs 76,172.37 crore for the year 2018-19 budget estimate.
- State’s non tax revenue is estimated at Rs 4,806.47 crore in 2019-20 which is Rs 360.58 crore more than Rs 4,445.89 crore for the year 2018-19 budget estimate.
- State’s own tax revenue is estimated at Rs. 33,800.00 crore in 2019-20 which is Rs. 2,797.97 crore more than Rs. 31,002.03 crore for the year 2018-19 budget estimate.
- Total revenue receipt has been estimated at Rs 1,76,747.64 crore in 2019-20 which is Rs 18,696.23 crore more than Rs 1,58,051.41 crore for the year 2018-19 budget estimate.
- Development and non-development expenditure for the year 2019-20 development expenditure is Rs 1,43,133.73 crore and non-development expenditure Rs 54,367.30 crore respectively. The total expenditure is Rs 2,00,501.01 crore. The percentage of development expenditure and non-development expenditure in total expenditure is 72.88 and 22.58 respectively.
- The Capital and Revenue expenditure for the year 2019-20 Revenue expenditure is Rs 1,55,230.65 crore and Capital expenditure is Rs 45,270.36 crore respectively.
- Capital outlay for the financial year 2019-20 is estimated at Rs 45,270.36 crore, which is Rs 5,019.76 crore more than Rs 40,250.60 crore for the year 2018-19 budget estimate.
- Revenue Expenditure for the financial year 2019-20 is estimated at Rs 1,55,230.65 crore. which is Rs 18,490.98 crore more than Rs 1,36,739.67 crore for the year 2018-19 budget estimate.
- Annual Scheme Outlay for the financial year 2019-20 is estimated at Rs 1,00,000.98 crore, which is Rs 8,206.25 crore more than Rs 91,794.73 crore for the year 2018-19 budget estimate.
- Establishment & Commitment Expenditure for the Financial Year 2019-20 is estimated at Rs 99,110.01 crore, which is Rs. 14,437.39 crore more than Rs 84,672.62 crore for the year 2018-19 budget estimate.
- Budget expenditure of Rs 2,00,501.01 crore has been estimated for the Year 2019-20 which is Rs 23,510.74 crore more than Rs 1,76,990.27 crore for the year 2018-19 budget estimate.
- Rs 16,734 crore has been allocated towards SC welfare and Rs 1,565 crore has been allocated towards ST welfare.
- Rs 34,798 crore has been allocated for education sector in the state.
- Bihar has the highest growth rate among all states, says Bihar Finance Minister Sushil Modi.
- This budget is nine times more than the budget of 2004-05, says the finance minister.
- The size of the budget for financial year 2019-20 is Rs 2 lakh crore.
· Eleventh February declared as the International Day of Women and Girls in Science
- The United Nations (UN) General Assemblydeclared 11th February as the International Day of Women and Girls in Science, in order to achieve full and equal participation and access to women and girls in science and to further achieve gender equality and empowerment of women and girls.
- The theme for the International Day of Women and Girls in Science was “Investment in Women and Girls in Science for Inclusive Green Growth.
- World Radio Day: 13 February
- 13 February of every year is celebrated as World Radio Day.
- 2019 Theme: Dialogue, Tolerance and Peace.
- It is a day that remembers the unique power of radio which touches lives and brings people together from every corner of the globe.
- The day was proclaimed on 3rd November 2011 by UNESCO’s 36th General Conference.
- Radio was invented by Guglielmo Marconi.
- Women with four children to get life tax exemption in Hungary
- Hungarian Prime Minister Viktor Orban has said that women in the country with four children or more will be exempted for life from paying income tax.
- The move aims at boosting the country’s population.
- The PM said that this is a way of defending Hungary’s future without depending on immigration.
- For women who raise at least four children, a subsidy of 8,825 US dollars will be given for the purchase of a seven-seat vehicle.
- The Prime Minister also announced a seven-point plan to increase the fertility rate in the country.
- Clouded leopard to be mascot of National Games 2022
- Meghalaya State animal clouded leopard is chosen to be the mascot for the National Games 2022.
- The decision was taken at the first National Games 2022 executive committee meeting, chaired by Meghalaya Sports and Youth Affairs Minister Banteidor Lyngdon.
- Clouded leopard is a wild cats living throughout the forests of Garo, Khasi and Jaintia Hills.
- The games coincide with the 50th year of the creation of the State.
- Centre named Great Indian Bustard as the mascot for COP-13
- The Centre announced the Great Indian Bustard (GIB) as the mascot for the 13th UN Convention on the Conservation of Migratory Species (CMS)(COP 13), scheduled to be held in Gujarat next year.
- The bird has been fondly named by the ministry as ‘Gibi’.
- The CMS COP-13 is a global platform for the conservation and sustainable use of migratory animal.
- The COP-13 will be held in Gandhinagar, Gujarat from February 15-22, 2020.
· Government has notified eight medical equipments as Drugs
- The government has notified eight medical equipments as Drugs under Section 3 of the Drugs and Cosmetics Act, 1940 with effect from April 1, 2020. The decision was made after consultation with theDrugs Technical Advisory Board.
- The notification brings all the implantable and diagnostic devices will come under theregulatory framework.
The equipments are:
- All implantable devices, CT scan, PET equipment, MRI equipment, Defibrillators,
- Dialysis machines, Bone marrow separators, X-ray machine.
- DTAB is the highest statutory decision-making body on technical matters related to drugs in India.
- It was constituted under the provisions of the Drugs and Cosmetics Act, 1940
- DTAB is part of the Central Drugs Standard Control Organization (CDSCO) under the Ministry of Health and Family Welfare.
· Centre introduced the Registration of Marriage of Non-Resident Indian Bill
- The government has introduced theRegistration of Marriage of Non-Resident Indian Bill, 2019 in the Parliament. The Bill aims to arrest the cases of Indian women being trapped in fraudulent marriages with non-resident Indians (NRI).
- The bill was introduced by the Minister of External Affairs Sushma Swarajin the Rajya Sabha. The Bill proposes to offer greater protection to Indian women married to NRIs and serve as a deterrent to NRIs against harassment of their spouses.
· CCEA approves CLCS-TUS with total outlay of Rs. 2900 crore
- Cabinet Committee on Economic Affairs, CCEA approved the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) with a total outlay of 2900 crore rupees.
- The scheme aims at improving the competitiveness of MSMEs by integrating various ongoing schematic interventions aimed at up-grading technology through Credit Linked Capital Subsidy (CLCS).
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