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Nitish Kumar welcomes Union Budget, says will help accelerate Bihar’s growth

In a detailed statement, the longest-serving Chief Minister of Bihar highlighted several key announcements that would directly impact the state’s growth and development.

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Nitish Kumar

Bihar Chief Minister Nitish Kumar on Saturday praised the Union Budget 2025-26, describing it as “positive” and beneficial for accelerating the development of Bihar. Kumar, whose JD(U) is a key ally of the BJP-led NDA government at the Centre, expressed his gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for the budget proposals.

In a detailed statement, the longest-serving Chief Minister of Bihar highlighted several key announcements that would directly impact the state’s growth and development.

Kumar welcomed the proposal to establish a “Makhana Board,” which he said would boost the cultivation, processing, and marketing of foxnuts, a crop for which Bihar is widely known.

He also lauded the proposal for greenfield airports in the state, stating that improved air connectivity would not only meet future demands but also enhance international flight operations, thereby boosting economic growth. “Greenfield airports will address the state’s future needs and improve air connectivity, paving the way for more international flights,” he said.

The Chief Minister also appreciated the decision to expand the capacity of IIT-Patna, emphasizing that it would elevate the standards of technical education in Bihar. Additionally, he noted that the revised income tax slabs, which exempt individuals earning up to Rs 12 lakh annually, would provide significant relief to the middle class. Kumar also highlighted the increased loan limit on Kisan Credit Cards from Rs 3 lakh to Rs 5 lakh, which he said would benefit farmers.

Other budget provisions that Kumar commended included the expansion of the National Institute of Food Technology, Entrepreneurship, and Management in Bihar, which he said would create skill development, entrepreneurship, and employment opportunities for the youth. He also welcomed the enhanced credit guarantee cover for micro-enterprises under the MSME sector, noting that it would generate more employment opportunities.

Kumar concluded by thanking PM Modi and Finance Minister Sitharaman for presenting a “progressive and forward-looking” budget. He stated that the announcements made for Bihar would accelerate the state’s development and benefit various sections of society, including farmers, youth, and the middle class. “This budget is positive and welcome. It reflects the Central Government’s commitment to the development of Bihar and the nation,” he said.

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Vijay appoints astrologer Radhan Pandit as OSD, sparks criticism from allies

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Actor vijay

Tamil Nadu Chief Minister C. Joseph Vijay has appointed astrologer and TVK spokesperson Radhan Pandit Vettrivel as Officer on Special Duty (OSD) to the Chief Minister, a move that has sparked criticism from allies and opposition leaders.

Radhan Pandit, who had publicly predicted a major electoral victory for Vijay and the Tamilaga Vettri Kazhagam (TVK) ahead of the 2026 Tamil Nadu Assembly elections, has been considered a close aide of the Chief Minister during the party’s election campaign.

The appointment drew sharp reactions from leaders within the Congress and Left parties. Congress MP Sasikanth Senthil questioned the decision in a post on X, asking why an astrologer required an OSD position in government.

Leaders from the Viduthalai Chiruthaigal Katchi (VCK) and CPI(M) also criticised the move, arguing that such appointments go against the principles of scientific temper and secular governance.

According to reports, Radhan Pandit was among the first people to visit Vijay’s residence after TVK’s strong performance in the assembly elections. He has also been associated with the party as a spokesperson and political commentator.

The controversy comes amid rapid political developments in Tamil Nadu following the formation of the new TVK-led government.

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Maharashtra opposition seeks all-party meeting over PM Modi’s austerity appeal

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Sharad Pawar

Maharashtra opposition parties on Tuesday demanded an all-party meeting after Prime Minister Narendra Modi appealed to citizens to adopt austerity measures amid rising concerns over the ongoing West Asia crisis.

The prime minister recently urged people to avoid non-essential gold purchases, reduce petrol and diesel usage, postpone foreign travel and consider work-from-home practices to help minimise the economic impact of global uncertainty.

Leaders from opposition parties in Maharashtra said the Centre should hold detailed discussions with political parties and explain the broader economic situation to the public. They raised concerns over the possible impact of geopolitical tensions on fuel prices, inflation and the overall economy.

Some opposition leaders also questioned the timing of the austerity appeal, saying citizens deserve greater clarity on the government’s plans to tackle any economic challenges arising from the crisis in West Asia.

Meanwhile, BJP leaders defended the prime minister’s remarks, describing them as precautionary steps aimed at reducing pressure on foreign exchange reserves and controlling inflationary risks linked to global supply disruptions.

The debate comes as concerns grow globally over energy supplies and rising crude oil prices due to tensions in West Asia.

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India has 69 days of crude oil and LNG reserves, 45 days of LPG stock, says Hardeep Puri amid West Asia crisis

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Hardeep singh puri

India has sufficient fuel reserves and there is no supply shortage despite the ongoing conflict in West Asia, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday.

Addressing the CII Annual Business Summit, the minister said the country currently has crude oil and LNG reserves that can last for 69 days, while LPG stocks are sufficient for 45 days.

Puri also said LPG production has been increased from around 35,000-36,000 tonnes per day to nearly 54,000 tonnes per day to ensure uninterrupted supply during the ongoing geopolitical tensions in West Asia.

The minister dismissed fears of any immediate restrictions or disruption in fuel availability and said there is “no supply issue” in the country.

His remarks came after Prime Minister Narendra Modi urged citizens to reduce unnecessary fuel consumption and avoid non-essential foreign travel to help conserve foreign exchange reserves amid rising global energy prices linked to the West Asia conflict.

The government has also said there are no plans for fuel rationing and that India’s energy supply position remains stable.

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