Jumbo UP budget encloses much for infra
The Uttar Pradesh state government has presented a Rs 5.50 lakh crore Budget for the financial year (FY) 2021-22.
This year's budget, which is 7.3% bigger than the last one, has allocated Rs 27,598 crore for new schemes—up from Rs 10,967 crore in 2020—with infrastructure development bagging a major share.
Among the major projects, the government has made a provision of Rs 12,242 crore for medical and health infrastructure. For the construction of medical colleges in 39 districts and creating diagnostic infrastructure for primary healthcare facilities, Rs 5,085 crore have been provided.
The fiscal deficit estimated in the current budget stands at Rs 90,729 crore, which is 4.17% of the estimated Gross State Domestic Product (GSDP) as compared to the estimated fiscal deficit of Rs. 53,195.46 crore in 2020-21 Budget, which was 2.97% of the estimated GSDP.
According to the budget document, the state's debt liability has been estimated to be 28.1% of the GSDP.
4th Indian Cement Review Conference 2021
Allocations that were made in the UP Budget 2021:
Rs 10,029 crore has been allocated for housing
Rs 2,200 crore allocated for Amrit Yojna
Rs 5,000 crore for PM Sadak Yojna
Rs 1,000 crore for Mukhya Mantri Samagra Sampada Vikas Yojna
Rs 7,000 crore for PM Awas Gramin
Rs 3,100 crore for farmers' pension
Rs 2,000 crore for providing monthly assistance to folk artists facing a financial crisis
Rs 2,000 crore for Smart City project
Rs 50 crore allocated for Covid vaccination
Rs 100 crore for Atma Nirbhar Krishik Samanvit Vikas Yojana
Rs 600 crore for Krishi Durghatna Yojana
Rs 140 crore for the overall development of Ayodhya
Rs 50 crore for Rashtriya Prerna Sthal in Lucknow
Under Mukhya Mantri Kanya Sumangal Yojana, the government allocated Rs 1,200 crore to give tablets to girl students
Education (University in every division; Rs 200 crore for model colleges in 26 districts)
Rs 100 crore for metro rail projects in Varanasi and Gorakhpur
Rs 750 crore for Gorakhpur Expressway, Rs 1,107 crore for Purvanchal Expressway, Rs 1,492 crore for Bundelkhand Expressway
Rs 700 crore allocated for irrigation
Image: CM of Uttar Pradesh said that the budget for FY21-22 is a move towards Atmanirbhar Uttar Pradesh.