Uttar Pradesh presented a budget of Rs 5.50 lakh crore

The Yogi government of Uttar Pradesh on Monday presented an annual budget of FY 2021-22 in the Legislative Assembly with considerable allocation for farming and industries, expressway, metro, airports. This was the last full budget of the present government to be presented before the elections and it has special emphasis on development schemes, farmers, youth and religious projects. A provision of Rs 11,148 crore has been made in this budget for expressway projects alone.

This time the budget of Uttar Pradesh government is 5.50 lakh crore rupees, which is more than seven percent more than the 5.12 lakh crore rupees of the previous budget. 27,598 crore has been allocated for new schemes in the budget. The fiscal deficit for FY 2021-22 is estimated at Rs 90,729 crore, which is 4.17 per cent of the gross state domestic product, as against 2.97 per cent in the previous budget. The state’s indebtedness is estimated at 28.1 percent of GDP.

Presenting the budget in the assembly on Monday, Finance Minister Suresh Khanna announced that industries will be set up on disposable government properties in the state and for this private sector will be sought. He said that with the development of new airports, huge allocation is being made in the budget for roads, bridges and energy sector. The tablet has been announced to be given to the students of the Abhudaya Yojana, the coaching scheme launched soon for competitive examinations.

Khanna said that the budget size is Rs 5,50,270.78 crore, which includes new schemes of Rs 27,598 crore. The total receipts in the budget are estimated at Rs 5,06,181.84 lakh crore which includes revenue receipts of Rs 4.18 lakh crore. The revenue receipts are estimated at Rs 3.05 lakh crore, of which central taxes share is estimated at Rs 1.19 lakh crore.

The target of revenue from GST and VAT has been kept at Rs 1.04 lakh crore, while the revenue collection from excise duty has been set at Rs 41,500 crore. The target of revenue collection from stamps and registration fees has been set at Rs 25,500 crore.

In this budget, the state government has allocated Rs 100-100 crore for Ayodhya, Varanasi and Rs 30 crore for Vindhyachal and Naimisharanya, giving a religious agenda. An allocation of Rs 30 crore has been made for various tourism development projects in Chitrakoot. An allocation of Rs 1,175 crore has been made for various metro projects, Rs 2,000 crore for Jewar Airport and Rs 101 crore for Sri Ram International Airport in Ayodhya.

A budget of Rs 50 crore has been provided for the Kovid vaccination campaign.

Emphasizing once again on the development of infrastructure facilities, Rs 1,107 crore has been allocated for Purvanchal Expressway, Rs 1492 crore for Bundelkhand Expressway and Rs 860 crore for Gorakhpur Link Express Way. An amount of Rs 7,200 crore has been allocated in the annual budget for land acquisition in the proposed Ganga Expressway, while Rs 489 crore has been arranged for construction works.

Apart from the expressway, a provision of Rs 12,441 crore has been made in the annual budget for the construction of bridges on roads under the Public Works Department. Rs 4,135 crore is proposed in the budget for the repair of roads and bridges, while Rs 1,192 crore has been made for the construction of railway overbridges.

To make the disposable properties profitable, a provision of Rs 100 crore has been made in the annual budget by announcing the construction of an industrial park on the basis of private public participation (PPP) on the vacant land of the government spinning mills lying closed in the budget. 23 government bus stations of the state will also be developed in PPP mode. This time there is a provision of Rs 250 crore for the state government’s ambitious project One District One Product (ODOP), while Rs 100 crore has been made for the Chief Minister Yuva Swarozgar Yojana.

The annual budget has announced the establishment of a Defense Electronic Manufacturing Cluster in the Electronic City and the Defense Corridor of Bundelkhand, near Jewar Airpart in Yamuna Expressway. The Information Technology Center will be built on a PPP model on 40 acres of land in front of the airport at Nadarganj in the capital Lucknow.

A provision of Rs 1,375 crore for backward class students, Rs 150 crore for girls’ wedding, Rs 829 crore for minority students has been made. For the madrasa modernization project, a provision of Rs 479 crore has been made in the budget, then there is a provision of Rs 720 crore for the PwD. A provision of Rs 1,950 crore has been made to complete the work of the nine medical colleges being constructed in the state. An expenditure of Rs 3,100 crore is proposed for old age and farmer pension. Two lakh fishermen will be given the benefit of premium accident insurance. A provision of Rs 1,200 crore has been made for Kanya Sumangala Yojana.

The state, which occupies the first position in the country in the implementation of Pradhan Mantri Awas Yojana Urban, has made a provision of Rs 10,029 crore for this in the annual budget, while Rs 2,200 crore has been given to Amrit Yojana for the development of cities. A provision of Rs 2,000 crore has also been made for the smart city project. A provision of Rs 597 crore has been made for Kanpur Metro, Rs 478 crore for Agra Metro, and Rs 100 crore for Varanasi and Gorakhpur. A provision of Rs. 3098 crore has been made in the budget to complete various irrigation projects.

A huge budget of Rs 15,000 crore has been allocated for the Jal Jeevan Mission for piped drinking water in villages, while a provision of Rs 2,000 crore has been made for urban areas.

In the budget, a provision of Rs 600 crore for Chief Minister Kisan Accident Insurance, Rs 700 crore for free water facilities and Rs 400 crore for crop loans at concessional rates.

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