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The Budget is disappointing: Nitish

Patna, Feb 28 (UNI) Bihar Chief Minister Nitish Kumar today described the Union Budget as ''disappointing'' saying that the most sought ''special package'' has not been given to the state.

Mr Kumar told newspersons here that the people of Bihar were frustrated with the budget of the UPA government as no new project had been earmarked for the state. He said instead of according special category to Bihar, it has been placed in the list of the states selected for Backward Region Grant Fund scheme and the fund approved for it was inadequate.

Mr Kumar said the union finance minister did not mention the fate of the annual sanction of Rs 1000 crore given by the previous NDA government to Bihar. The FM did not even utter a single word about the fund which was not being released to the state for the past four years, he added.

Commenting on the budget, he said, the FM had not taken concrete step to check inflation. The UPA government had failed to take any step to promote agriculture, he added.

Mr Kumar also said the FM's statement stating that the farmers were sitting idle was self explanatory about the intention of the government towards the section.

Lowering of import duty on edible oil would have an adverse impact on domestic production, he added.

Mr Kumar said the financial assistance given through the gross budget support would only benefit the central ministries and the states would remain deprived of any benefit.

On the educational aspect the government's proposals were disappointing as announcements for appointment of 2 lakh teachers and the number of scholarships were insufficient, he said adding that the FM remained silent over the earlier proposals for spending six per cent of GDP on education.

He further stated that the FM was trying to mislead the people of Bihar by announcing to include the construction of rail cum road bridge in Munger under National Project which he said was already under the National project.

UNI

Myanmarese business deligation visits NE

Aizawl, Feb 28(UNI) In a bid to improve bilateral trade between North Eastern states and Myanmar, a 35-member business delegation, including representatives of Myanmar Economic Bank (MEB) and trade bodies of Myanmar, would reach Mizoram today. State commerce department officials here said the delegation members were scheduled to meet the ministers concerned and senior officials of the states during their seven-day visit to the region. ''The delegation will also visit tea gardens, textile units, agro-based industries and fisheries of the states.....

Mixed reactions to budget proposals by TATAs, SAIL and EEPC

Kolkata, Feb 28 (UNI) SAIL Chairman S K Rungta and Tata Steel Managing Director B Muthuraman said today's Union Budget was directed towards ensuring long-term growth of Indian economy. Reacting to 2007-08 Union budget, Mr Muthuraman said the budget was ''more focussed to bring the under-performing sectors to perform without jeopardising the growth trajectory of the overall economy''. However, the increase in dividend distribution tax and cess on education were likely to increase the tax burden on corporates, he felt......

Intellecutals slam L govt on land acquisition

Kolkata, Feb 28 (UNI) A forum of intellectuals today slammed the Buddhadeb Bhattacharjee Government allegedly for forcible eviction of farmers and gagging the voice of dissent while social activist Medha Patkar called upon all sections of people to oppose acquisition of agricultural land. Under the banner of 'Silpi-Sanskritik Kormi-Buddhijibi Mancha (Forum for artists, cultural workers and intellectuals), a convention adopted a resolution to form a broader platform to fight and mobilise public opinion against the Government's land acquisition move. Speaking at.....
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