Top
Begin typing your search above and press return to search.
Madhyamam
    keyboard_arrow_down
    Login
    exit_to_app
    Farmer rage and Opposition parties
    access_time 19 Sep 2020 6:51 AM GMT
    access_time 19 Sep 2020 3:50 AM GMT
    Going beyond birthday celebration
    access_time 18 Sep 2020 6:05 AM GMT
    Periyar@142-Revolutionary and Visionary
    access_time 17 Sep 2020 11:57 AM GMT
    The word of caution from the highest court
    access_time 17 Sep 2020 6:31 AM GMT
    access_time 16 Sep 2020 5:58 AM GMT
    DEEP READAll arrow_drop_down
    The ogres in the mind
    access_time 8 Sep 2020 11:27 AM GMT
    Why worry about populism?
    access_time 4 Sep 2020 9:51 AM GMT
    Media mind-set towards minorities
    access_time 15 July 2020 4:29 PM GMT
    exit_to_app
    Homechevron_rightBusinesschevron_rightNew schemes, Ayodhya...

    New schemes, Ayodhya focus of Rs 5.12-lakh crore UP budget

    text_fields
    bookmark_border
    New schemes, Ayodhya focus of Rs 5.12-lakh crore UP budget
    cancel

    Lucknow: The Uttar Pradesh government on Tuesday presented a Rs 5,12,860.72 crore budget for FY 2020-21, which also includes Rs 500-crore allocation for constructing an airport in Ayodhya.

    The budget, the size of which is Rs 33,159 crore more than previous year's budget, has provisions for new schemes worth Rs 10,967.87 crore.

    For development of the pilgrim city Ayodhya as a tourist spot, the budget has earmarked Rs 85 crore and another Rs 10 crore for renovation of Tulsi Smarak Bhawan there.

    Among other major allocations for Ayodhya, where the construction of a Ram temple is expected to begin in couple of months, was Rs 500 crore for an airport.

    The budget also earmarked Rs 180 crore for setting up a cultural centre in Varanasi and Rs 200 crore for expansion and beautification of Kashi Vishwanath temple.

    Finance Minister Suresh Kumar Khanna presented the budget in the state assembly in the presence of Chief Minister Yogi Adityanath.

    This is the fourth budget of the Yogi government.

    BSP leader Lalji Verma described the budget as "directionless", to which Speaker Hriday Narain Dixit said that the members would get opportunity to speak during discussion on the budget.

    As per the budget estimate for 2020-21, total receipts of Rs 5,00,558.53 crore are estimated.

    This includes Rs 4,22,567.83 crore by way of revenue and Rs 77,990.70 crore by way of capital receipts.

    Revenue receipts include Rs 3,18,884.17 crore by way of tax revenue share, which includes Rs 1,66,021 crore by way of the state's own tax revenue and Rs 1,52,863.17 crore by way of the state's share in the central taxes.

    Total state expenditure is estimated at Rs 5,12,860.72 crore, which includes Rs 3,95,116.95 crore by way of revenue expenditure and Rs 1,17,743.77 crore by way of capital expenditure.

    After deducting total expenditure from the receipts of consolidated fund, a deficit of Rs 12,302.19 crore is estimated.

    Net receipts of Rs 8,500 crore are estimated from public account.

    Fiscal deficit of Rs 53,195.46 crore is estimated in the financial year 2020-21, which is 2.97 per cent of the Gross State Domestic Product estimated for this fiscal.

    A revenue saving of Rs 27,450.88 crore is estimated in the year 2020-21.

    The state's debt liability is estimated to be 28.8 per cent of the state's Gross Domestic Product.

    Show Full Article
    TAGS:
    Next Story