+
Rs 178.65 Bn Supplementary Budget to Push Power, Infrastructure
ECONOMY & POLICY

Rs 178.65 Bn Supplementary Budget to Push Power, Infrastructure

With focus on power sector and infrastructure development, the Yogi Adityanath govt tabled its second supplementary budget of this fiscal worth Rs 178.65 billion. This includes fresh proposals worth Rs 7.9 billion. The Yogi government had presented its main budget over Rs 7.36 trillion in Feb this year. Later, on July 30, a supplementary budget of Rs 122.09 billion was tabled. The second supplementary budget thus accounts for 2.42% of the original budget. Presenting the budget in the presence of CM Yogi Adityanath, finance and parliamentary affairs minister Suresh Khanna highlighted the government's commitment to development. He emphasided that the Yogi government prioritides progress and has the constitutional right to present supplementary budgets as and when needed. In Tuesday's proposals, a lion's share of Rs Rs 8,587 went to the energy department, Rs 24.38 billion to the finance department, Rs 15 billion to the family welfare department, and Rs 10 billion to the animal husbandry department. Elaborating on the budget allocation, Khanna said, apart from Rs 790.49 being earmarked for new proposals, Rs 4.22 billion is the estimated central share under various central schemes. Additionally, the budget has provisions to reimburse Rs 304.8 million taken earlier from the contingency fund. The budget was unanimously approved during a cabinet meeting chaired by the CM earlier in the morning before the House proceedings for the day began.

With focus on power sector and infrastructure development, the Yogi Adityanath govt tabled its second supplementary budget of this fiscal worth Rs 178.65 billion. This includes fresh proposals worth Rs 7.9 billion. The Yogi government had presented its main budget over Rs 7.36 trillion in Feb this year. Later, on July 30, a supplementary budget of Rs 122.09 billion was tabled. The second supplementary budget thus accounts for 2.42% of the original budget. Presenting the budget in the presence of CM Yogi Adityanath, finance and parliamentary affairs minister Suresh Khanna highlighted the government's commitment to development. He emphasided that the Yogi government prioritides progress and has the constitutional right to present supplementary budgets as and when needed. In Tuesday's proposals, a lion's share of Rs Rs 8,587 went to the energy department, Rs 24.38 billion to the finance department, Rs 15 billion to the family welfare department, and Rs 10 billion to the animal husbandry department. Elaborating on the budget allocation, Khanna said, apart from Rs 790.49 being earmarked for new proposals, Rs 4.22 billion is the estimated central share under various central schemes. Additionally, the budget has provisions to reimburse Rs 304.8 million taken earlier from the contingency fund. The budget was unanimously approved during a cabinet meeting chaired by the CM earlier in the morning before the House proceedings for the day began.

Next Story
Infrastructure Urban

IndusInd Bank Opens All-women Branch in Chennai, Tamil Nadu

IndusInd Bank announced that it has opened an all-women branch in Chennai, Tamil Nadu. Located at Saveetha Dental College, Velappanchavadi, this is the 12th all-women branch established by the Bank in country. Through this initiative, IndusInd Bank aims to offer women customers more comfortable and convenient space for availing banking services.Spread across 1300 sq ft, the all-new branch is managed by a team of five dedicated women bankers and offers a full suite of IndusInd Bank’s retail banking services, including savings and current accounts, fixed deposits, recurring deposits as well as..

Next Story
Infrastructure Urban

Shimona Chadha Appointed Chief Marketing Officer at Persistent

Persistent Systems, a global leader in Digital Engineering and Enterprise Modernization, today announced the appointment of Shimona Chadha as Chief Marketing Officer. She will be responsible for driving the Company’s global marketing strategy, strengthening brand positioning, and enabling business growth through integrated marketing initiatives.With more than two decades of experience across B2B, B2C, and B2B2C segments, Shimona has led marketing transformations that unlock business value and accelerate growth. She joins Persistent from HCLTech, where she served as Vice President and Head of..

Next Story
Infrastructure Urban

Tinna Rubber Raises Rs 780.7 Mn via QIP Equity Placement

Tinna Rubber, one of Asia’s largest End of Life Tyres recycling companies, announced the successful completion of its QIP, fund raising for Rs 780.70 million by issuing approx 8.86 lakh equity shares to Qualified Institutional Buyers (QIB) in compliance with SEBI ICDR Regulations. The Fund Raising Committee authorised by the Board, in its meeting on June 27, 2025, approved the pricing and allotment in the QIP to eligible QIBs.This marks the first ever QIP by the Company. The offering witnessed participation from reputed long-only institutional investors like ICICI Prudential Mutual Fund, JM ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?