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West Bengal Presents Rs 3.39 Lakh Crore Budget, Focus On Farmers, Tea Sector

West Bengal Presents Rs 3.39 Lakh Crore Budget, Focus On Farmers, Tea Sector

NDTV
Wednesday, February 15, 2023 02:59:37 PM UTC

Finance Minister Chandrima Bhattacharya said the state GDP is projected to grow at 8.4 per cent and the industry at 7.8 per cent in the ongoing 2022-23 fiscal.

Ahead of panchayat elections, the Mamata Banerjee-led West Bengal government on Wednesday presented a Rs 3.39-lakh crore budget for 2023-24, focusing on farmers, an ailing tea sector, the state's potential as a logistics hub, and budding entrepreneurs.

Finance Minister Chandrima Bhattacharya said the state GDP is projected to grow at 8.4 per cent and the industry at 7.8 per cent in the ongoing 2022-23 fiscal, both higher than the country's expected growth rates.

"I propose to provide a 3,39,162 crore budget for the financial year 2023-24," Ms Bhattacharya said while placing the financial statement in the assembly.

She said an upcoming West Bengal Logistics Policy 2023 will leverage the state's strategic position at the crossroads of South Asia and ASEAN nations to create a global logistics hub.

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