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Thursday, 4 July 2019

Gujarat Budget 2019-20 Declared By Finance Minister.

As well as every year, efforts have been made to resolve the serious problems of farmers' suicide in the crisis caused by the flood water crisis and medical problems in government hospitals. The finance minister has 20.63% of the total budget for agriculture, irrigation and rural development, while 15.76% for water, supply, sanitation, housing and urban development, 8.43% for health and family welfare and 20.79% for education, sports, art and culture. 65% of allocation is made.. Gandhinagar: Deputy CM cum finance minister Nitin Patel today presented Vote-on-Account for the year 2019-20 with a revenue surplus of Rs 12,241.40 crore.

No new tax has been levied or any hike in existing tax was made in it. The estimated revenue receipt is Rs 1,54,885 crore, while the estimate for revenue expenditure was Rs 1,45,022 crore. State tax revenue has been estimated at Rs 1,00,125 crore. Patel said in his address in the house on the second day of the first session of it today said that Vote on Account proposal was for period of four months upto July 31, 2019 .

A modified budget would be presented after the LS polls. He said that Gujarat government’s own tax income has increased to Rs 71,549 crore in the year 2017-18 from Rs 64,443 crores. The GSDP at Rs 3.15 lakh crore during 2017-18, has also seen a growth of 14 per cent over previous year. During the year 2017-18, the per capita income of the State at current prices stood at Rs 1,71,652, which is 12.6 per cent higher than previous year. The share of Gujarat’s industrial output in national output stood at 16.8 per cent. Gujarat Budget High Lights : #Gujarat has increased renewable energy capacity from 4,126 MW in 2013 to 8,885 MW presently.

The state plans to increase the capacity to 30,000 MW by 2022. Of this, 20,000 MW will be for Gujarat while 10,000 MW will be made available for other states. Rs 6,595 crore allocated for #SardarSarovarProject A total allocation of Rs 7,157 crore has been made for #Sauni #Yojana and other #Water Supply Schemes #Gujarat government allocates Rs 260 crore for the ancillary development of the #StatuteOfUnity #Gujarat government allocates Rs 7,111 crore for #Agriculture and #farmers welfare department For the first time, the state #budget is worth more than Rs 2 lakh crore i.e. Rs 2,04,815 crore.

We are all part of this historic occasion Under second phase of Sauni Yojana, the work of laying pipelines up to three important dams for Jamnagar, Gondal and Bhavnagar has been completed. It has been planned to fill 35 reservoirs and more than 100 check dams as per the availability of Narmada water #Government to spend Rs 20,000 crore over the next three years to ensure no household in #Gujarat is left with a tap for drinking water. For this year Rs 4,500 crore of provision has been made for Nal Se Jal Yojana A total provision of Rs 61 crore has been made for providing assistance for purchasing various equipment’s by Village Milk Producers' cooperatives and individual members and to provide subsidy to Milk Producers' Cooperatives Federation of Saurashtra and Kutch #GujaratBudget A new veterinary college at #Himmatnagar under Kamdhenu University is proposed.

Initial provision of ₹1 cr for the same. Provision of ₹134 cr to establish 4000 dairy farms each having 12 milch cattle. Government of #Gujarat allocates Rs 123 crore for new Shetrunjay Division and Rs 112 crore for conservation and breeding of wildlife and to protect endangered species. It is proposed to upgrade GG Hospital, Jamnagar with improved facilities and as part of first phase, provision of ₹25 crore for ‘Maternity Child’ hospital block:

Deputy CM and #Gujarat Finance Minister, #Gujarat is the first state in the country to declare policy on “Reuse of Treated Waste Water”. Provision of ₹199 cr for various projects under this policy 600 Million cubic meter water will be stored by constructing a barrage on Narmada river under Bhadbhut scheme by stopping saline water ingress into the basin of #Narmada during high tide. Provision of ₹80 cr to provide free education, hostel and mess facilities to approximately 15,000 girls studying in 151 Kasturba Gandhi Balika Vidhyalays across #Gujarat New 5,000 classrooms to be built in primary schools, which will provide better education facilities to approximately 1.5 lakh students, for which provision of ₹454 crore has been made To provide house to all by the year 2022, Pradhan Mantri Awas Yojana is being implemented. 4.80 lakh houses have been sanctioned under this scheme. Provision of ₹1,248 cr for this scheme.

Six laning of Sarkhej Gandhinagar highway at the cost of ₹867 cr is in progress which includes construction of nine flyover – railway over bridges including elevated corridor of 4.5 kilometers Gujarat Government allocates Rs 221 crore to extend services of ST by 1,000 new buses will be provided by the State Government through Gujarat State Road Transport Corporation, in which electric and CNG-run buses will be included. – Rs. 500 crore revolving reserved fund for zero per cent loan to farmers. – A total of Rs 620 crore disbursed to farmers till now under Ahmedabad-Mumbai bullet train in Gujarat. – 5,000 hectare saline coastal padtar government land to be allotted to shrimp farming.

– Gujarat’s economy registered growth of 11.2 percent during 2017-18. – Increase in VAT subsidy on per litre of diesel by Rs 3 for fishermen. – In addition to routine allocation for water development Rs 329 cr proposed to repair check dams. – ‘sex semen lab’ in Patan with an outlay of Rs 47.5 crore. – New fishing dock in Valsad district. – Daily allowance given to families of fishermen caught by Pakistan Marine Agency doubled to Rs 300. – University for organic agriculture in Halol in Central Gujarat. – Monthly widow pension increased by Rs 250 (Rs. 1250, up from Rs. 1200). widows to get pension irrespective of son’s age. – Income threshold for availing Ma Scheme has been increased from Rs 3 lakh to Rs 4 lakh Source:- India Budget 2019 || Gujarat Budget 2019 OLd Full News In Gujarati.

microeconomic concept that shows the trade-off made when one good is exchanged for another. In terms of the bottom line – or the end result of this trade-off – a surplus budget means profits are anticipated, a balanced budget means revenues are expected to equal expenses, and a deficit budget means expenses will exceed.

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