27,598 cr For New Schemes: Yogi Adityanath Says “Atmanirbhar Pradesh’ Fit For A Major Budget Of The UP

UP Budget 2021 | With elections to the Assembly less than a year away, the BJP government in Uttar Pradesh on Monday presented the Rs 5.50 lakh crore budget for the financial year 2021-22, stating that the provisions were intended to make the state atmanirbhar or “self-reliant.”

This year’s budget, which is 7.3 per cent larger than the last one, has allocated Rs 27,598 crore for new schemes – up from Rs 10,967 crore in 2020 – with infrastructure development a lion’s share. After the first paperless budget was presented to the Assembly by Finance Minister Suresh Khanna, Chief Minister Yogi Adityanath said that the budget represented “atmanirbhar (self-reliant) Uttar Pradesh” in the pandemic year.

UP Budget 2021 | FM Suresh Khanna

Statement By CM Yogi On UP Budget 2021

“Atmanirbhar Uttar Pradesh ki bhavna ke anurup yeh Budget Hai (This budget is as per the sentiment of self-reliant Uttar Pradesh),” said the Chief Minister to the media. Admitting that there were difficulties in achieving revenue targets due to the Covid-19 pandemic, the Chief Minister said that despite this, the government was able to maintain “fiscal discipline” by keeping FRPM below 4.17%.

The budgetary deficit estimated in the current budget is Rs 90.729 crore, which is 4.17% of the estimated Gross State Domestic Product compared to the estimated fiscal deficit of Rs 53.195.46 crore in 2020-21 Budget, which is 2.97% of the estimated Gross State Domestic Product (GSDP).

Also Read: 5 Products That’ll Help Make Office Life A Little Less Annoying

Meanwhile, the debt liability of the State was estimated to be 28.1 per cent of the Gross State Domestic Product, according to the budget document. Reading a budget speech from a laptop, Finance Minister Khanna said that the objective was to ensure the “all-round development” of the state, with an emphasis on infrastructure, tourism and the welfare of farmers and young people.

The budget provides Rs 101 crore for the underconstruction airport in Ayodhya, which will be named ‘Maryada Purushottam Sriram Airport,’ and Rs 2,000 crore for increasing the number of airstrips at Jewar Airport in Noida to six out of two.

Also Read: Successful Entrepreneurs Without B-Schooling

In the midst of ongoing protests by farmers against the Center’s new agricultural legislation, the government said that their focus is on doubling farm incomes. The budget provided Rs 400 crore to provide farmers with a concessional crop loan, in addition to Rs 700 crore for a free water facility.

An outlay of Rs 100 crore was proposed for ‘Atma Nirbhar Krishak Samanvit Vikas Yojna’ to double the income of farmers and Rs 600 crore to expand Mukhyamantri Krishak Durghatna Kalyan Yojana (insurance scheme) to the family of farmers.

Also Read: Business Name: Effective and Attractive

With the government facing opposition parties’ criticisms of law and order and crimes against women, the budget made provision for women’s welfare that includes Rs 100 crore for a new scheme—Mukhyamantri Saksham Suraksha Yojna—aimed at “resolving the problem of malnutrition among women and children,” Rs 200 crore for a new scheme—Mahila Samarthya Yojana—aimed at women and children.

The Government has also made provision for the development of selected cities, including Gautam Buddh Nagar, Gorakhpur, Agra, etc. as “Safe Cities” for women. In addition, the budget proposes Rs 1,200 crore for the implementation of Mukhymatri Kanya Sumangla Yojana.

Also Read: Payroll And Its Services For Small Business

The budget also includes provisions for Rs 4,094 crore for the nutrition program and Rs 415 crore for the National Nutritional Campaign. For youth development, the budget provides for the distribution of tablets to eligible students under the government’s ambitious Mukhyamantri Abhyudaya Yojana, free coaching for competitive exams, and the establishment of model career centers in 12 other districts.

UP Budget 2021 | ₹100crs For Migrants

The budget provides Rs 100 crore for the provision of employment and self-employment for migrant workers under the Mukhyamantri Pravasi Shramik Udyamita Vikas Yojna.

UP Budget 2021 | Establishment Of Sainik Schools

The government has also proposed the establishment of a “Sainik School” in each division of the state and the provision of housing facilities for students of Sanskrit education in the state. Many provisions in the budget have also been made on the basis of the government’s experience of the pandemic, such as the proposal to develop the Institute of Virology and Infectious Disease in Lucknow in line with the National Institute of Virology in Pune for which Rs 23 crore has been allocated.
Rs 1,073 crore has also been allocated to equip primary health units with diagnostic facilities. A provision of Rs 5,395 crore has been set aside for Rashtriya Gramin Swasthya Mission and Rs 1,300 crore for Ayushman Bharat.

Also Read: Things To Know Before Starting A Business

Vaccination | UP Budget 2021

The budget also allocated Rs 50 Crore for vaccination against Covid. With a view to developing medical infrastructure, Rs 1,950 has been allocated for the construction of new medical colleges in 13 districts and Rs 960 for medical colleges under construction in eight districts.

Jal Jeevan Mission| UP Budget 2021

Provision of Rs 15,000 crore for the Jal Jeevan Mission (rural) scheme and stress on infrastructure development, it proposes Rs 1,107 crore for the Purvanchal expressway, Rs 1,492 crore for the Bundelkhand expressway and Rs 860 crore for the Gorakhpur link expressway and Rs 7,200 crore for the acquisition of land for the Ganga Expressway and Rs 489 crore for the construction works.

Under the Special Area Program, the budget provides for Rs 300 crore for special Purvanchal schemes and Rs 210 crore for Bundelkhand.

Also Read: The E-learning Business Startup

📣 The Entrepreneur Diaries (TED )is now on Telegram. Click here to join our channel (@tedstories) and stay updated with the latest headlines

+ posts

A Business Development Manager and Internet Industry veteran with more than 7 years of experience in Sales Operations, Events & Weddings, Social Media Marketing, Business Development & Strategy.

spot_imgspot_img

Subscribe

Related articles

The Cycle of Small Business Success

Setting themselves up for success as soon as possible is one of the most beneficial things small business owners can do for themselves.
spot_imgspot_img
Ratnakar Upadhayay
Ratnakar Upadhayay
A Business Development Manager and Internet Industry veteran with more than 7 years of experience in Sales Operations, Events & Weddings, Social Media Marketing, Business Development & Strategy.

LEAVE A REPLY

Please enter your comment!
Please enter your name here