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Tuesday, February 19, 2013

Uttar Pradesh State Budget for 2013-14 -Tuesday Feb 19,2013

  
UP Chief Minister Akhilesh Yadav presented a Rs 23,913 crore 'Deficit Budget' for the state for 2013-14 at Rs 2,21,201.19 crore.


The focus of the budget is mainly on poor, farmers, agriculture, rural development, Muslims, backward classes and infrastructure development.  

The budget tabled in the assembly showed a 10% increase from the last year's size of Rs 2,00,110.61 crore.
No New Tax has been imposed in the budget, the 'Fiscal Deficit' has been estimated at Rs 23,913 crore -- 2.9% of the gross domestic product (GDP)

The government has estimated revenue receipts at Rs 2,15,919.82 crore and revenue savings at Rs 9,856.01 crore for the next financial year.

After deducting from the consolidated fund, the actual deficit would be Rs 5,281.37 crore, Yadav said in his address.

After adjusting Rs 3,550 crore from the PLA (personal ledger account), the net deficit is of Rs 1,731.7 crore.

While the opening balance is at Rs 2,957.9 crore, the expected closing balance has been shown at a surplus of Rs 1,226.53 crore

 Budget Highlights
  • Decision to impart free education to girl students in all the government and aided degree colleges. New Model Government Co-education degree colleges to be established in 36 districts including five minority-dominated districts of the state.

  • Universities will be established in Allahabad and Siddharthnagar to promote Higher Education in the state.

  • Decision to connect about 10,000 villages with link roads under the Dr.Ram Manohar Lohia Samagra Gram Vikas Yojana. In all, 2100 villages will be connected with link roads in the year 2013-14

  • Grant in aid to be given at the rate of Rs. One lakh per dwelling unit and up to a limit of Rs. 15,000 for solar light under the Lohia Rural Housing Scheme. A budgetary provision of Rs. 520 crore for this scheme 

  • Under the scheme of linking all the district headquarters in the state with the 04 lane roads, Kasya-Deoria, Kasganj-Etah, Kalpi-Hamirpur and Moradbad-Sambhal roads to be converted into 4 lanes 


 

  • Hike made by the UP Govt in Cane Prices, the cane growers will be paid over Rs 21,000 crore in the current crushing season, which is about Rs 3,000 crore higher than the last year.

  • Modern control rooms equipped with GIS/GPS equipments and vehicle tracking response system are being established for the state police. Under the first phase, these control rooms will be set up in Lucknow Allahabad, Kanpur and Ghaziabad. CCTV cameras are also being installed at important places in these cities. 

  • Decision to implement Metro Rail Project in Lucknow


Note
BSP members staged a walk-out from the Assembly House to protest under-utilization of 2012-13 budget. The state government has only been able to utilize around 60% of the budget allocated for various departments in the current financial year. BSP leader Swami Prasad Maurya said that this means that no development has taken place in the state this year
 

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