Gujarat budget’s focus includes urban dev, port infra

05 Mar 2021 Editorial Team

The state government made major allocations of Rs 32,000 crore to the education sector and Rs 11,323 crore to the health and family welfare department.

The state's Finance Minister Nitinbhai Patel announced that the state would not increase the current tax rates in the Budget 2021-22 and will not impose any new tax. The state government has also given relief in stamp duty, electricity tax, motor vehicle tax, and others. Various concessions have been given to small businesses and industrial units for the resumption of economic activities.

The move comes after a Rs 14,000 crore relief package was announced in June 2020 for various sections in terms of tax, food security measures and other assistance.

Key allocations in Gujarat Budget 2021-22 related to construction, infrastructure, and industry:

Rs 13,493 crore to urban development

Rs 13,034 crore for the energy and petrochemical sector

Rs 5,494 crore for water resources

Rs 3,974 crore for water supply

Rs 1,500 crore for the Ahmedabad-Mumbai bullet train project

Rs 11,185 crore for roads and buildings department

Rs 1,478 crore for ports and transport department

Rs 6,599 crore to the industry and mines department

Other key allocations:

Rs 32,000 crore to education

Rs 11,323 crore to health and family welfare

Rs 7,232 crore for Krishi Khedut Kalyan Yojana

Rs 4,353 for social justice and empowerment

Rs 1,502 crore for labour welfare and employment

Rs 1,224 crore for food and civil supplies

Rs 563 crore for science and technology

Rs 1,032 crore for the destitute and old age pension

Rs 4,548 crore to revenues

Rs 50 crore to buy new police vehicles

Rs 100 crore for crop credit in co-operative department

Rs 910 crore for the climate change department

Rs 1,814 crore for forests and the environment

Rs 7,960 crore allocation for the home department

Also read: Jumbo UP budget encloses much for infra

Also read: Bihar’s Rs 2.18 lakh cr FY21 budget prioritises infra boost

Image Source

The Gujarat Government has presented a Rs 2.27 lakh crore budget for the year 2021-2022, with major allocations to urban development, ports, water infrastructure, health infrastructure, and the Ahmedabad-Mumbai bullet train project. This is the state's largest budget so far. The state government made major allocations of Rs 32,000 crore to the education sector and Rs 11,323 crore to the health and family welfare department. The state's Finance Minister Nitinbhai Patel announced that the state would not increase the current tax rates in the Budget 2021-22 and will not impose any new tax. The state government has also given relief in stamp duty, electricity tax, motor vehicle tax, and others. Various concessions have been given to small businesses and industrial units for the resumption of economic activities. The move comes after a Rs 14,000 crore relief package was announced in June 2020 for various sections in terms of tax, food security measures and other assistance. Key allocations in Gujarat Budget 2021-22 related to construction, infrastructure, and industry:Rs 13,493 crore to urban development Rs 13,034 crore for the energy and petrochemical sector Rs 5,494 crore for water resources Rs 3,974 crore for water supply Rs 1,500 crore for the Ahmedabad-Mumbai bullet train project Rs 11,185 crore for roads and buildings department Rs 1,478 crore for ports and transport department Rs 6,599 crore to the industry and mines department Other key allocations: Rs 32,000 crore to education Rs 11,323 crore to health and family welfare Rs 7,232 crore for Krishi Khedut Kalyan Yojana Rs 4,353 for social justice and empowerment Rs 1,502 crore for labour welfare and employment Rs 1,224 crore for food and civil supplies Rs 563 crore for science and technology Rs 1,032 crore for the destitute and old age pension Rs 4,548 crore to revenues Rs 50 crore to buy new police vehicles Rs 100 crore for crop credit in co-operative department Rs 910 crore for the climate change department Rs 1,814 crore for forests and the environment Rs 7,960 crore allocation for the home departmentAlso read: Jumbo UP budget encloses much for infraAlso read: Bihar’s Rs 2.18 lakh cr FY21 budget prioritises infra boostImage Source

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