Uttarakhand budget 2019: Interest free loans of Rs 1 lakh to farmers announced
The Uttarakhand government announced interest-free loans of up to Rs 1 lakh to poor and small farmers in the Rs 48,663-crore budget for 2019-20 presented in the Assembly on Monday. Interest free loan up to Rs 5 lakh to self-help groups engaged in agro-related activities was also announced in the budget which focuses on agriculture and allied sectors, and rural employment.
Tabling the state's budget, Finance Minister Prakash Pant said "it was a balanced budget which took care of education, health, agriculture, employment generation in rural areas, infrastructure, housing and urban development." The total expenditure for the Financial Year 2019-20 is estimated to be Rs 48,663.90 crore while total receipts for the period are pegged at Rs 48,679.43 crore which means it is a surplus budget, he said. Image source: Twitter
The budget size is around 7 per cent more than the one passed last year, Pant told reporters at a press conference after tabling the budget in the House. "Though it is a balanced budget which takes care of all sections including farmers, women, the unemployed youth, rural economy and development of rural and urban infrastructure our focus has been agriculture and the allied sectors,in this budget," Pant told reporters. Image source: Twitter