+
Jumbo UP budget encloses much for infra
ECONOMY & POLICY

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

17-18 March 

Click for event info


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.


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

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 202117-18 March Click for event info 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.Also read: Bihar’s Rs 2.18 lakh cr FY21 budget prioritises infra boost

Next Story
Infrastructure Urban

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?