The West Bengal government on Wednesday hiked the DA (dearness allowance) for government employees by 3 per cent, even as West Bengal minister of state for finance Chandrima Bhattacharya presented the state Budget 2023-24 in the Assembly.
Chandrima Bhattacharya, who presented a Rs 3.39-lakh-crore Bengal Budget for 2023-24, said IT, internet of things and artificial intelligence sectors have attracted significant investments in the state. She added that there will be a Rs 350-crore start-up fund to extend up to Rs 5 lakh each to young entrepreneurs.
In the Budget 2023-24, Bengal’s SGDP is projected to grow at 8.4 per cent and industry is expected to grow at 7.8 per cent in the financial year 2022-23.
The West Bengal finance minister said about 12,500-km of rural roads to be constructed at a cost of Rs 3,000 crore. Agricultural income tax on tea gardens for 2023-24 and 2024-25 to be waived.
(With Inputs From Agencies)
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