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Bihar govt presents a tax free and balanced budget

Patna, Feb 27 (UNI) Bihar Deputy Chief Minister Sushil Kumar Modi, who also holds the finance portfolio, today presented a tax free budget showing no deficit at the end of 2007-08 fiscal.

Laying special attention on the state's overall infrastructural development, Mr Modi tabled a 'balanced' and full budget of Rs 33257.08 crore for the fiscal amid pandemonium by the opposition in the Assembly.

Instead of staging a walkout, the opposition members strategically remained in the House and created cacophony throughout the budgetary speech of Mr Modi.

Later in post-lunch session of Budget, RJD member Ramchandra Purvey tried to draw the attention of the House towards the statements made by Vishwa Hindu Parishad International president Praveen Togadia during his visit to the state.

He said the VHP leader was trying to 'disturb' the communal fabric of the society by making controversial statements and demanded his immediate arrest.

Meanwhile, Mr Modi began his budgetary presentation, to which the RJD members joined by the members of Congress and other opposition parties protested shouting anti-government slogans and thumping the government reporter's desk.

Despite disturbances, Mr Modi presented the budget laid special emphasis on improving the infrastructure like roads, power, education and health.

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Maoists raid police picket, kill policemen, decamp with arms

Lakhisarai, Feb 27 (UNI) At least four policemen were killed and as many injured when activists of the proscribed CPI (Maoist) attacked a Bihar Military Police(BMP) picket at Khaira village under Kajra police station today. Lakhisarai district Police Superintendent R Malar Vijee said before attacking the police picket, the ultras blasted a portion of the railway tracks near Daitabad between Dhanauri and Uren stations on Kiul-Jamalpur section under Malda division of Eastern Railway, disupting rail communication till 1000 hours this morning......

NE expects better industrial policy

Guwahati, Feb 27 (UNI) Asom Industries and Commerce Ministry has urged the Centre to frame a better industrial policy for the northeastern region, after the existing one expires on March 31. The State Industries and Commerce Minister Pradyut Bardoloi today told the Asom Assembly that he has submitted a memorandum to the Centre in this connection, with a focus on medium and big industries. In reply to a Zero Hour motion brought by AGP-P legislator Prafulla Kumar Mahanta, Mr Bardoloi informed.....

Syndicate Bank opens two million new accounts this year

Kolkata, Feb 27 (UNI) Public sector Syndicate Bank which has already overshot its annual business target by about five per cent with all round performance,has opened two million new Savings Bank accounts during the year to widen its nationwide clientele base. Syndicate Bank Chairman and Managing Director C P Swarnakar informed this to UNI on the sidelines of a Federation of Export Organisation (FIEO)sponsored meeting in the city today. Claiminig that the drive to achieve the two million new account.....
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