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Home Economy

CM Baghel Carries ‘Gobar Economy’ Budget in Cow Dung Case, Old Pension Scheme Back in Chhattisgarh

by Economy India
March 9, 2022
Reading Time: 1 min read
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New Delhi: Chhattisgarh Chief Minister Bhupesh Baghel grabbed many eyeballs when he entered the state Assembly Wednesday to present the annual Budget carrying a briefcase made out of cow dung.

The chief minister chose to carry the Budget papers in the briefcase to promote the “gobar economy” model that the state is attempting to push.

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According to the model, announced in 2020, the government will buy cow dung from cattle-owners at Rs 2 per kg to make cattle-rearing economically viable.

During his budget speech, Baghel also said that the state would revert to the old pension system, which assures pension after retirement to government employees.

|| गोमय वसते लक्ष्मी || #CGBudgetForNYAY pic.twitter.com/Z2J4Jgig7T

— Bhupesh Baghel (@bhupeshbaghel) March 9, 2022

This would make Chhattisgarh the second Congress-ruled state after Rajasthan to move away from the New Pension Scheme (NPS). (Source: The Print)

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Tags: ChhattisgarhChief Minister Bhupesh BaghelGobar Economy
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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