UP Budget 2022-23: Highlights - Important things to know and what CM Yogi Adityanath said
UP Budget 2022: This is almost double the size of Rs 3,46,935 crore budget presented by Akhilesh Yadav government for the financial year 2016-17.
The Uttar Pradesh government led by Chief Minister Yogi Adityanath, on Thursday tabled a budget of Rs 6,15,518.97 crore for the financial year 2022-23. This is almost double the size of Rs 3,46,935 crore budget presented by Akhilesh Yadav government for the financial year 2016-17. Here are important things to know from UP Budget 2022 and what CM Yogi Adityanath said:-
-It includes new schemes worth Rs 39,181.10 crore
- The state government has also announced budgetary provision worth crores of rupees to strengthen the police and maintain law and order in the state.
- Tabling the budget in the Assembly, state Finance Minister Suresh Khanna said that the government has not only made a record payment of Rs 1,72,745 crore to sugarcane farmers until May 16, 2022, which is Rs 77,530 crore more than the five years of accumulated payment of Rs 95,215 crore during Akhilesh Yadav`s government, but has also proposed Rs 1000 crore for payment to the remaining sugarcane farmers.
-The budget proposes free irrigation facility to farmers through 34,307 government tube-wells and 252 minor branch canals as well as Rs 1000 crore under Mukhya Mantri Laghu Sinchai Yojana to address irrigation related issues of the state.
-Furthermore, the budget proposes accidental insurance of Rs 650 crore for farmers under Mukhya Mantri Krishak Durghatana Kalyan Yojana.
-The Yogi government aims to distribute 2 crore smartphones and tablets in the next five years, including 12 lakh in the current financial year itself.
-It has also proposed Rs 897 crore for multi-modal connectivity projects under PM Gati Shakti Yojana and Rs 694. 34 crore for the 594 km long six-lane Ganga Expressway from Meerut to Prayagraj.
-The total receipts in the current financial year are estimated at Rs 5,90,951.71 crore, including revenue receipts of Rs 4,99,212.71 crore and capital receipts of Rs 91,739 crore.
-The share of tax revenue in revenue receipts is Rs 3,67,153.76 crore. This includes its own tax revenue of Rs 2,20,655 crore and the state`s share in central taxes of Rs 1,46,498.76 crore.
-The fiscal deficit is estimated of Rs 81,177.97 crore which is 3.96 per cent of the estimated Gross State Domestic Product.
-The budget not only focuses on the education of youth and their employment, but also empowerment of women and farmers as well as all-round growth of the state and law and order.
-The Uttar Pradesh budget for 2022-23 meets the aspirations of the people of the state and is the government's vision for the next five years, Chief Minister Yogi Adityanath said on Thursday.
-The budget has taken care of the BJP's Lok Sankalp Patra (election Manifesto) released during the assembly polls, and out of 130 resolutions, 97 have been addressed, he said.
-Along with all-inclusive development of the state, the budget will also prepare the roadmap for a bright future, Adityanath added.
- State Finance Minister Suresh Kumar Khanna on Thursday tabled Yogi Adityanath's second term government's maiden budget of over Rs 6.15 lakh crore in the state assembly. This is the biggest budget of the state till date.
-Describing the budget as one in accordance with the aspirations of 25 crore people of the state, Adityanath said it was prepared keeping in mind the overall development of the state. Every section of the society, including villages, poor, farmers, youngsters, women and workers, will be benefited, he added.
-"This budget is also a vision for the next five years which will prepare the road for a bright future, along with inclusive and holistic development of the state," the chief minister told reporters after the budget presentation.
-"Out of 130 resolutions in the BJP's election manifesto, 97 have been taken care of in this first budget itself, and a provision of Rs 54,883 crore has been made for this," Adityanath said.
-Of these, 44 are new announcements or schemes, he added.
-Adityanath said the election manifesto announcement of providing two LPG cylinders free of cost to beneficiary families of the 'Pradhan Mantri Ujjwala Yojana' has been given place in the budget.
-A 'Bhamashah Bhav Stability Fund' has been established in the budget to provide relief to farmers in the form of minimum support price for perishable crops like potato, tomato and onion, he said.
-As per the election manifesto, the process of providing free solar panels under the 'Pradhan Mantri Kusum Yojana' is being taken forward to facilitate farmers, the chief minister said, adding a provision has been made in this budget to provide more than 15,000 solar panels.
-For employment generation in the state, a provision has been made in the budget for a survey to connect one person from every family to a government job, employment or self-employment, Adityanath said.
-Funds required for the construction of an international airport in Ayodhya have also been allotted in the budget, he said.
-In 2025, the world's largest spiritual and cultural event will be held again in the form of Kumbh, and the government is going to start its preparations from now, the chief minister said.
-Adityanath further said a provision of Rs 100 crore has been made for the 2025 'Mahakumbh' in Prayagraj.
-Under the 'Babuji Kalyan Singh Gram Unnati Yojana', a provision has been made to grant Rs 22.50 crore to the Uttar Pradesh New & Renewable Energy Development Agency for holistic development of villages and for installation of solar street lights, he said.
- The chief minister also said the fiscal deficit is estimated at 3.96 per cent of the estimated gross state domestic product.
(With inputs from IANS and PTI)
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