City
Epaper

Gujarat FM presents Rs 916 cr surplus budget for 2023-24

By IANS | Updated: February 24, 2023 13:40 IST

Gandhinagar, Feb 24 Gujarat Finance Minister Kanubhai Desai on Friday presented a Rs 916.87 crore surplus budget for ...

Open in App

Gandhinagar, Feb 24 Gujarat Finance Minister Kanubhai Desai on Friday presented a Rs 916.87 crore surplus budget for 2023-24.

Revenue receipts are expected to be Rs 2,07,709.88 crore, while revenue expenditures are likely to be Rs 1,98,671.58 crore, according to the state estimate.

Against the capital income of Rs 85,630.89 crore, expenditure is estimated at Rs 97,902.61 crore, resulting in a capital deficit of Rs 12,271.72 crore. Total plan layout is Rs 3.01 lakh crore.

To meet the aspirations and basic necessities of the state's urbanites, the state government has set aside Rs 19,685 crore for the urban development department, which will carry out developmental projects.

The state government has allocated Rs 14 crore for the construction of 15 cybercrime police stations in order to address the significant challenges posed by cyber criminals.

The state government has decided to provide funding for private hospitals to purchase the newest technology, allocating Rs 115 crore for this purpose. The government is going to invest in new medical colleges that are coming up in a public-private partnership pattern.

The overall budget allotted for health and family welfare is Rs 15,182 crore.

Through the road and buildings department, the state intends to build mass transit systems, flyovers over railroad tracks, and provide affordable housing for 15 lakh families.

There are 71 lakh ration card holders under the NFSA scheme, and to provide them with food free of cost or at a subsidized rate, the state government has allocated Rs 671 crore. The total budget allocation for foods, civil supplies, and consumer affairs will be Rs 2,165 crore.

For the coming fiscal year, the state government has allocated Rs 5,580 crore for social welfare and the justice department; Rs 43,615 crore for education; Rs 3,410 crore for tribal development, and Rs 2,538 crore for employment and skill development.

The allocation for the power and petrochemical sectors is Rs 8,738 crore, while the allocation for roads and buildings is Rs 20,642 crore, of which Rs 2,808 crore are allotted to the Chief Minister for Rural Roads.

For industry and mining, the budget allocation is Rs 8,589 crore.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Gujarat International Finance Tec-CityKanubhai desai
Open in App

Related Stories

PoliticsCAG cautions Gujarat that it seem headed for potential debt trap

BusinessGujarat Finance Minister Kanubhai Desai inaugurates Tikku Condiments' new manufacturing plant & products range in Vapi

BusinessAustralia India Trade association hosts Renewable energy companies in India

PoliticsBudget Session of Gujarat Assembly to begin on Feb 23

PoliticsThese are "semi-finals" for 2024 Lok Sabha elections: Gujarat Finance Minister

Politics Realted Stories

MaharashtraPower Struggle in Maharashtra? Gulabrao Deokar, Satish Patil Join Ajit Pawar’s NCP Amid Mahayuti Rift

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill