understand jharkhand budget with economist hariswar dayal mtj

Jharkhand’s Finance Minister Dr. Rameshwar Oraon presented the budget for the year 2023-24 in the assembly. What announcements were made in the budget. How is the common people going to benefit from this budget of the Hemant Soren government? Eminent economist Harishwar Dayal is explaining all these topics easily. In the eyes of Harishwar Dayal, this is a very balanced budget. In this, a complete balance of resources and expenditure has been maintained. The Jharkhand government is on the way to become self-reliant by reducing the dependence on the central government. The government has created a sinking fund for loan repayment. Loans are being taken from such institutions, whose interest rate is low. Emphasis has been laid on the development of MSMEs. The government has also focused on providing employment to farmers other than agriculture. Debt has been controlled. Capital expenditure is being increased so that infrastructure can be developed in the state. The best thing is that the tax collection of the Jharkhand government has increased. Therefore, for the first time there has been an increase of 15 per cent in the budget size. Normally there used to be an increase of 10 per cent in the budget size.