The Hemant Soren government in Jharkhand presented its first budget in the state Assembly on March 03. Soren commented on the state budget for FY 2020-21 and said that the budget is for the poor, farmers and unemployed. In the budget, the government announced farm loan waiver of up to Rs 50,000, Rs 5 lakh medical cover for all, Rs 5,000 to Rs 7,000 per year stipend for unemployed youth among others.