Breaking News
1. Kolkata gangrape case: Accused drank alcohol in college for hours after assault; warned guard to stay quiet      2. Supreme Court admin seeks removal of ex-CJI Chandrachud from official residence      3. 'To give you your freedom back': Elon Musk officially launches new political party; names it 'America Party'      4. "I Am A Simple Buddhist Monk": Dalai Lama's 90th Birthday Message      5. "I Am A Simple Buddhist Monk": Dalai Lama's 90th Birthday Message      6. PM Modi arrives in Brazil for four-day visit, to attend BRICS Summit      7. India Seeking US Trade Deal Even as it Toughens Stance      8. China gave Pakistan live inputs on Indian deployment: Top Army officer      9. Businessman-BJP Leader Gopal Khemka Shot Dead In Front Of Patna House      10. China Warns India to Choose Its Words Carefully on Dalai Lama and Tibet      11. PM Modi arrives in Argentina on two-day visit      12. White House 4th of July celebrations: B-2 Bombers roar overhead as Donald Trump marks Independence Day      13. The curious case of the British jet stuck in India      14. Russia becomes first country to formally recognise Taliban rule in Afghanistan      15. Defence Acquisition Council approves defence purchases worth ₹1.05 trn      16. Watch: PM Modi mentions India has 2,500 parties in Ghana Parliament. Then this happens      17. Delhi government says it won’t scrap old vehicles; cites public backlash, systemic challenges      18. War planes to fly over White House as Trump signs Big Beautiful Bill. Here's how much it could cost      19. Kolkata rape accused Manojit Mishra's lawyer license cancelled      20. Mumbai school teacher arrested for sexually assaulting 16-year-old male student     

Uttar Pradesh Unveils Robust FY25 Budget: Finance Minister Suresh Khanna Allocates Rs 7.36 Trillion

Uttar Pradesh Finance Minister Suresh Khanna has presented the FY25 budget, amounting to Rs 7.36 lakh crore, marking an increase from the previous fiscal's Rs 6.90 lakh crore. The budget allocates significant funds to infrastructure development, welfare schemes, and cultural events.

Uttar Pradesh Unveils Robust FY25 Budget: Finance Minister Suresh Khanna Allocates Rs 7.36 Trillion Image Source -www.english.bharatexpress.com

Uttar Pradesh's budget for the fiscal year 2024-25, presented by Finance Minister Suresh Kumar Khanna, outlines a comprehensive plan with a total outlay of Rs 7.36 lakh crore. This marks a considerable increase from the previous fiscal year's budget of Rs 6.90 lakh crore.

Khanna's budget emphasizes the state's commitment to inclusive growth with the allocation of Rs 24,863.57 crore for new schemes. In comparison, the last fiscal year saw the implementation of schemes worth Rs 32,721 crore. The focus on enhancing existing schemes and introducing new initiatives demonstrates the government's dedication to welfare programs.

For the upcoming fiscal year, the state government estimates total receipts at Rs 7,21,233.82 crore. This includes revenue receipts of Rs 6,06,802.40 crore and capital receipts of Rs 1,14,531.42 crore. Tax collection is projected at Rs 4,88,902.84 crore, comprising the state's own tax revenue of Rs 2,70,086 crore and its share in the central tax pool at Rs 2,18,816.84 crore.

The estimated total expenditure is Rs 7,36,437.71 crore, with Rs 5,32,655.33 crore allocated for the revenue account and Rs 2,03,782.38 crore for the capital account. The budget projects a deficit of Rs 15,103.89 crore after deducting the total expenditure from the consolidated fund receipts.

Khanna highlighted key initiatives, including the Destitute Women Pension Scheme's increase to Rs 1,000 per month for eligible beneficiaries. The Women Farmer Empowerment Project aims to provide technical support through the formation of 200 producer groups in FY 2024-2025.

Furthermore, Rs 2,400 crore has been proposed for electricity at concessional rates to private tube wells, reflecting a 25 percent increase from the current fiscal year's budget. The PM Kusum Yojana sees an allocation of Rs 449.45 crore, more than double the previous year, showcasing the government's commitment to agricultural growth.

Also Read: A US Truck Driver Picks Up A Prostitute For A 'Date', And She Takes A Memory Card That Is Now Crucial To The Alaska Dual Murder Trial

Infrastructure projects include Rs 4,000 crore for free tablet and smartphone distribution, Rs 2,057 crore for the Ganga Motorway project, Rs 2,500 crore for Maha Kumbh Mela 2025 preparations, and Rs 100 crore for Ayodhya's overall development. Additionally, Rs 150 crore is set aside for Maharishi Valmiki International Airport expansion, Rs 1,150 crore for Jewar International Airport, Rs 150 crore for NIFT in Varanasi, and Rs 200 crore for the PM Mega Integrated Textile and Apparel Park in Lucknow-Hardoi.

In connectivity, Rs 1,750 crore is provisioned for the development of roads leading to religious places. The budget underscores Uttar Pradesh's commitment to holistic development, emphasizing infrastructure, welfare, and cultural heritage.

Author
No Image
Author
Arijit Dutta

You May Also Like