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=> Uttar Pradesh Parliamentary Affairs and Finance Minister Suresh Kumar Khanna presented the state's largest ever budget of Rs 6,15,518.97 crore (Uttar Pradesh Budget 2022-23).
Key Points:
=> This is the first budget in the second term of the Yogi Adityanath government in Uttar Pradesh, while the state's Parliamentary Affairs and Finance Minister Suresh Kumar Khanna has presented the budget for the fifth time in both the terms together.
=> Out of the 130 resolutions of the Lok Kalyan Sankalp Patra issued before the 2022 Assembly elections, 97 resolutions have been included in this budget , while 44 resolutions are new. An amount of Rs.54,883 crores has been proposed in the Budget to fulfil these resolutions.
=> New schemes worth Rs 39,181.10 crore have been included in the budget.
=> The target for collection of revenue from State Goods and Services Tax and Value Added Tax has been fixed at Rs.1,24,477 crore.
=> Receipts are estimated at Rs 5,90,951.71 crore in this fiscal budget. This includes revenue receipts of Rs 4,99,212.71 crore and capital receipts of Rs 91,739 crore.
=> The total expenditure incurred this financial year is estimated at Rs 6,15,518.97 crore. Rs. 4,56,089.06 crore is the expenditure on revenue accounts, while Rs 91,739 crore is the expenditure on capital accounts.
=> According to the government, the deficit is estimated at Rs 24,567.26 crore. The net receipts from public accounts are estimated to be Rs.6000 crores. At the same time, after the entire transaction, Rs 18,567.26 crore is estimated to be negative.
=> The revenue savings are estimated at Rs 43,123.65 crore. At the same time, the fiscal deficit is estimated at Rs 81,177.97 crore, which is 3.96 per cent of the Gross State Domestic Product estimated for the year.
Some of the important points of the Budget announcement-
By: ASRAF UDDIN AHMED ProfileResourcesReport error
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