Yogi Adityanath government is creating back to back history. It presented the highest budget amounted to Rs 4, 28,384.52 crore budget for the year 2018-19.
The amount allocated for the current year is 11.4 % higher than the last fiscal. After the presentation of the budget, UP Chief Minister Yogi Adityanath described it “as a progress-oriented budget”.
A year before the Lok Sabha elections, Yogi Government’s budget was expected to be a populist one with some big announcements for the stressed farm sector, jobs and infrastructure. In 2019, BJP will be banking on Uttar Pradesh to come back to power at the Centre once again. In the 2014 General Elections, the saffron party had won record 71 out of 80 Lower House seats in the state.
Yogi Adityanath government on Friday presented its Rs 4,28,384.52 crore budget for 2018-19 which is 11.45 % higher than the last fiscal. Presenting the budget in the Assembly, Finance Minister Rajesh Agarwal said, “The budget size for 2018-19 is Rs 4,28,384,52 crore, which is 11.4 % higher than the last fiscal”.
The budget earmarks Rs 650 crore for Bundelkhand expressway project, Rs 550 crore Gorakhpur link expressway project, Rs 1,000 crore for Purvanchal expressway, Rs 500 crore Agra-Lucknow expressway.
Budgetary provisions of Rs 30 crore have been made for the e-office system in all government offices and a startup fund of Rs 250 crore has been created.
For power sector schemes, Rs 29,883 crore has been allocated while Rs 1,500 crore has been kept for Kumbh Mela-2019 in Allahabad and Rs 98.5 lakh for Kanha Gau-shala and “Besahara Pashu Ashray Yojana”.
For basic education department, Rs 18,167 crore has been earmarked for Sarv Siksha Abhiyan, Rs 76 crore and Rs 40 crore respectively for providing free books and uniforms for all students of class 1-8th.
For mid-day meal Rs 2,048 crore and Rs 167 crore for distributing fruits to students have been allocated in the budget. The government earmarked Rs 500 crore for furniture, potable water and boundary walls of schools run by the Basic education department.
In a bid to improve secondary education, Rs 480 crore has been allotted while Rs 26 crore for operating Deen Dayal Upadhyay government model schools.
After the presentation of the budget, chief minister Yogi Adityanath described it “as progress-oriented” and asserted that his government was committed to the development of the state.
On the projected growth rate, the chief minister told reporters later that Uttar Pradesh would be among the most developed states.
Finance Minister Rajesh Agarwal said that the Yogi Adityanath had come up with details of every rupee spent has come by February. The minister said that this is an unprecedented move by the state government in Uttar Pradesh. “We had made it clear that the next (installment of) funds will be given when you submit the details regarding the earlier funds,” Agarwal said.
The state government had last year made special provisions in the budget to honour its poll promise of farm loan waiver. This year the BJP government is likely to emphasize on infrastructure development and employment.
It has been learnt while presenting its first budget after coming to power; the Adityanath government had a special provision of Rs 36,000 crore to honour its poll promise of farm loan waiver. Notably, Yogi Adityanath government had presented its first Rs 3,84,659.71 crore budget.
Finance Minister Rajesh Agarwal has revealed key details of the Uttar Pradesh Budget 2018. He underlined that Yogi Adityanath’s UP Government budget will be in the interest of all sections of society. The state government will focus on MSME, roads and power, he said.