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Uttarakhand Budget 2019 -2020 : Budget Highlights :
Policy Highlights :
Interest-free loans : Poor and marginal farmers will be provided with interest-free loans for agro-processing and agricultural activities. This will be applicable for loans taken by farmers for an amount up to one lakh rupees. Loans taken by self-help groups up to five lakh rupees for agriculture related activities will also be eligible for the scheme. Rs 50 crore has been allocated for the scheme in 2019-20. Improvement of children’s nutrition: Mukhyamantri Aanchal Amrit Yojana will be launched under which children between the age of three to six years will be provided milk twice in a week at anganwadi centres. Further, the Mukhyamantri Bal Poshan Yojana, which is provided to children suffering from severe malnourishment, will be extended to include other malnourished children as well. Skill development: Sankalp scheme will be launched for strengthening the skill development programmes and increasing the participation of women and weaker sections in these programmes. The scheme has been allocated Rs 4 crore in 2019-20. Strive scheme will be launched for strengthening the training institutes.
Budget Estimates for 2019-20 :
The total expenditure in 2019-20 is targeted at Rs 48,664 crore. This is 12% higher than the revised estimate of 2018-19. This expenditure is proposed to be met through receipts (other than borrowings) of Rs 38,989 crore and borrowings of Rs 9,690 crore. Receipts (other than borrowings) is expected to be 12.1% higher in 2019-20 than the revised estimate of 2018-19.
In 2018-19, as per the revised figures, expenditure of the state is estimated to decrease by Rs 2,124 crore (4.7%) over the budgeted estimate. Receipts (excluding borrowings) is estimated to be lower than the budgeted estimate by Rs 906 crore (2.5%).
Sector wise allocations :
Education: Uttarakhand has allocated 19.2% of its expenditure on education in 2019-20. This is significantly higher than the average expenditure allocated to education (15.9%) by other states in 2018-19.
Health: Uttarakhand has allocated 5.8% of its expenditure towards health in 2019-20, which is higher than the average allocation (5.2%) by other states in 2018-19.
Agriculture and allied activities: The state has allocated 7.3% of its expenditure towards agriculture and allied activities in 2019-20. This is higher than the allocations by other states (6.4%) in 2018-19.
Rural development: Uttarakhand has allocated 6.9% of its expenditure on rural development in 2019-20. This is higher than the average (6.1%) for other states in 2018-19.
Roads and bridges: The state has allocated 3.2% of its budget for expenditure towards roads and bridges in 2019-20. This is lower than the allocations by other states (4.3%) in 2018-19.
By: Pooja Sharda ProfileResourcesReport error
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