Patna, Feb. 1 -- Bihar Chief Minister Nitish Kumar has welcomed the Union Budget presented on Monday by Union Finance Minister Nirmala Sitharaman, describing it as a "balanced" Budget.

Nitish reacted to the Union Budget saying, "Despite the Covid epidemic and problems in revenue collection, a balanced Budget was presented by the central government. It is welcome. I congratulate the central government for presenting a balanced Budget."

The Bihar Chief Minister further said that a budget of Rs 34.8 lakh crore has been presented for 2021-22, which is more than the estimated budgetary expenditure of Rs 30.42 lakh crore for the year 2020-21.

He said that 41 per cent amount will be given to the state governments in the light of the recomm...