Daily Current Affairs on Gujarat budget presented in the Assembly for RBI Assistant Exam Preparation

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Gujarat budget presented in the Assembly

Gujarat finance minister Kanubhai Desai on Friday presented a Rs. 3.32 lakh crore state budget with no new taxes imposed on people.

  • Presenting the 2024-25 budget in the Gujarat Legislative Assembly in Gandhinagar, Desai said that the total budget outlay of Rs. 3,32,465 crore for 2024-25 showed an increase of Rs. 31,444 crore, or 10.44%, over the previous fiscal (2023-24 budget estimate)
  • Of the total outlay, nearly Rs.2.14 lakh crore or 64.4% was allocated for “developmental expenditure”, while ?83,000 crore or 25.1% was for “non-developmental expenditure”, he said.
  • A day after Union finance minister Nirmala Sitharaman presented the interim budget 2024-25 on Thursday, attention has now turned to the state governments which will begin tabling their respective budgets.
  • Gujarat government unveiled its fiscal plan for the year 2024-25 with an estimated surplus budget of Rs. 146.72 crore while outlining a roadmap for the next 25 years.

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