State No. 5 to prioritize recovery of COVID-19 hit economy

The State No. 5 has unveiled its policy and programmes for the upcoming fiscal year today with a series of programmes mainly with focus on recovery of the economy that is affected from the coronavirus. The programmes include reintegration of the job losers at home and abroad in the State.

Those job losers would be provided with jobs in industry, agriculture and construction sectors through employment promotion schemes.

Dharmanath Yadav, the Chief of State No. 5, presented the policy and programmes of the State in the State Assembly and said that the State government would focus on reducing the impacts of coronavirus on the economy.

The State government has also unveiled special package for the recovery of the economy for the upcoming fiscal year.

As stated, COVID-19 control, agriculture, employment promotion, poverty alleviation, income generation and construction of public properties would be kept in top priority.

Likewise, unproductive expenses would be reduced except of essential and budget would not be allocated for the establishment of new offices, agencies, academy and state-owned enterprises.

Considering the possible inflow of migrant workers and decrease in remittance from foreign countries, more new opportunities would be created in the State for the increasing production.

Similarly, resource mobilization is in the priority to increase production and productivity of the agriculture and to increase employment as well as investment mobilization and promotion of small and cottage industries would be done through maximum use of domestic labour, skills and technology to make a self-reliant economy.