Yogi govt tables its largest budget at Rs 7.36 lakh cr

The Budget for the year 2024-25, tabled by the state’s finance minister Suresh Khanna, was to the tune of Rs 736,437.71 crore….reports Asian Lite News

The Uttar Pradesh government on Monday presented its annual Budget for the financial year 2024-25, billed to be the biggest budget so far in the history of the state.

The Budget for the year 2024-25, tabled by the state’s finance minister Suresh Khanna, was to the tune of Rs 736,437.71 crore.

New schemes worth Rs 24,863.57 crore (Rs 24,863.57 crore) have also been included in the budget. In the budget of the state government, maximum emphasis has been laid on women, youth, farmers and employment generation.

The budget of Yogi Adityanath-led government included revenue receipts of Rs 60,6802.40 lakh and capital receipts of Rs 114,531.42 lakh.

Apart from this, the share of tax revenue in revenue receipts is Rs 488,902.84 lakh. This includes its tax revenue of Rs 270,086 crore and the state’s share in central taxes of Rs 218,816.84 crore.

In the budget of this financial year, there is an expenditure of Rs 5 lakh 32 thousand 655 crore 33 lakh (Rs 5.32,655.33 crore) on the revenue account, while Rs 2 lakh 3 thousand 782 crore 38 lakh (Rs 2.03,782.38 crore) is on the capital account.

Further, the fiscal deficit is estimated at Rs 86,530.51 crore, which is 3.46 per cent of the estimated gross state domestic product for the year. The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings that may be needed by the government.

“The 2024-25 Yogi government budget will bring prosperity to the people of the state. It will speed up development and will move forward to achieve the target of a 1 trillion dollar economy…We are always ready for elections. Every sector according to its requirements has been taken care of…,” finance minister Khanna told reporters before tabling the Budget.

Speaking on his government’s budget Chief Minister Yogi Adityanath said “This is the state’s largest budget of over Rs 7.36 lakh crores. Today, UP’s economy is the second biggest in the country. We adopted reforms and stopped revenue leakages to achieve this. UP is a revenue-surplus state now.This budget is also ‘Pink budget’- with a focus on ‘Matri Shakti’ and women-related schemes in the state.”

Big push to develop Ayodhya

The government has included several developmental projects for Ayodhya in the state’s 2024-25 budget.

The blueprint drawn by the Yogi government for the development of the entire region, including Ayodhya Dham, in the annual budget 2024-25 includes big projects like the expansion and beautification of access roads in Ayodhya, the development of tourist and public facilities and the expansion of Maharishi Valmiki International Airport.

Given the possible increase in the number of tourists and devotees given the construction work of Shri Ram Janmabhoomi temple in Ayodhya district, the work of widening and beautifying three access roads and the development of parking and public facilities is being done at six places.

‘Maharishi Valmiki International Airport Ayodhya Dham’ has been developed in Ayodhya. A provision of Rs 150 crore is proposed for the establishment and expansion of the airport in Ayodhya.

Rs 10 crore is proposed for the International Ramayana and Vedic Research Institute in Ayodhya.

Tourism development and beautification works are being carried out in Ayodhya, Varanasi, Chitrakoot, Lucknow, Vindhyachal, Prayagraj, Naimisharanya, Gorakhpur, Mathura, Bateshwar Dham, Garhmukteshwar, Shuktirtha Dham, Maa Shakumbhari Devi, Sarnath and other important tourist places.

Under the “Chief Minister Tourism Development Partnership Scheme,” there is a plan to develop one tourist destination in each assembly constituency of Uttar Pradesh. In this sequence, a blueprint has been drawn to ensure the integrated development of religious and tourism areas in the districts of the Ayodhya division.

The construction of the grand temple of Maryada Purushottam Shri Ram in Ayodhya has given a lot of impetus to the social and cultural sector in the state and the immense potential of religious tourism has increased.

Ayodhya has been established as a global tourism center. There has been a huge increase in the number of tourists coming from India and abroad, which is boosting the economic condition of the country, including the state.

Like every year, this year too, the festival of lights was organised on a large scale in Ayodhya. On this occasion, a Guinness World Record was created by lighting 22 lakh 23 thousand lamps on Ram Ki Pauri, which was a moment that increased the pride of Ayodhya.

Chief Minister Yogi Adityanath said during the press conference that the arrangements made in the consecration ceremony of Lord Shri Ram Lalla in Ayodhya have been appreciated by guests from the country and the world.

CM Yogi said that the construction of the grand temple of Lord Ram in Ayodhya has given a lot of encouragement to our social and cultural sector.

Ayodhya has become a big tourist centre in the world. There has been a huge increase in the number of tourists coming from India and abroad, which will boost our economic condition. (ANI)

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