Patna: Expressing disappointment with the Union Budget 2012-13, Bihar Chief Minister Nitish Kumar accused Finance Minister Pranab Mukherjee of ignoring the interests of Bihar in the budget and termed it ‘useless’ and a ‘lame duck’.

Speaking on the Budget he said the prices of essential commodities will rise due to hike in excise and service taxes.

"There is nothing substantial in the Budget in order to boost the economy or to benefit the people", Kumar said.

He opined, “The centre is talking about education but there is nothing for Bihar in the Budget.”

The Chief Minister further stated that the Centre lacked confidence to deal with economic concerns and added, “The government appears least concerned about skyrocketing prices nor has it proposed anything to remove regional imbalance.”

“Rs 1000 crore has been allocated in the Budget against Rs 400 crore last year as assistance to eastern states to boost second green revolution. But Bihar would get only Rs 50 crore, which is insufficient for the purpose” Kumar remarked.

"The Budget did not talk about giving incentives to us for the turnaround of the agriculture sector", the Chief Minister added.

(JPN/Bureau)