Niti Aayog which is asked to study and prepare a helping hand package to the state is busy finalizing it. The state government had submitted all the figures in relation to the deficit budget of the first year and the center is looking in to it.
It is said that Center is not ready to consider the expense of the loan waiver while calculating the revenue deficit as it is not related to the loss of the bifurcation, they say. Niti Aayog vice-Chairman Arvind Panagariis had a call with state senior officials recently in this regard and also discussed on various issues including the resource gap funding.
The final report of the Niti Aayog will take at least two to four weeks more. Once it is submitted to the Prime Minister, he will be taking some time for the approval. The announcement is likely to come after Bihar elections.
