Gujarat Budget 2023: Rs 3.01 lakh crore budget presented by FM Kanu Desai

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Gujarat Budget 2023: Rs 3.01 lakh crore budget presented by FM Kanu Desai


Image Source : CMO GUJARAT Gujarat Budget 2023: Rs 3.01 lakh crore budget presented by FM Kanu Desai

The Finance Minister of Gujarat, Kanu Desai, presented the budget for the 2023-2024 fiscal yr with an allocation of Rs 3.01 lakh crore on Friday. This budget, which is the third consecutive budget presented by Desai, has a give attention to infrastructure improvement, EV ecosystem, tourism and extra.  Under the Ujjwala Yojana, 39 lakh households will likely be supplied with two cooking gasoline cylinders without cost in a yr, and Rs 500 crore has been allotted for a similar. The CNG, VAT, and PNG taxes have been lowered from 15% to five%. The state has additionally allotted Rs 1,500 crore for the event of 5 highways as high-speed corridors within the state.

The Gujarat authorities plans to assemble sports activities complexes in every district and taluka and has allotted Rs 1,066 crore to supply houses for about 1 lakh folks underneath the PMAY (Urban) scheme subsequent yr. The state has allotted Rs 5 lakh crore for infrastructure improvement over the following 5 years.

The state has proposed growing the annual insurance coverage restrict for eligible households to Rs 10 lakh underneath the Pradhan Mantri Jan Arogya-MA scheme. Desai said that Rs 2 lakh crore has been put aside for the following 5 years to enhance poor folks’s residing circumstances.

The state plans to arrange 400 Gyan Setu colleges, with Rs 64 crore allotted for a similar, and supply colleges in Gujarat with 20,000 new pc labs and 50,000 new lecture rooms. Desai additionally mentioned the state will enhance its renewable vitality contribution to 42% in complete energy technology, with Rs 2 lakh crore allotted for inexperienced development initiatives. The semiconductor sector in Gujarat is predicted to obtain investments price Rs 1.5 lakh crore.

To increase trade, ceramic, attire, and bulk drug parks can be arrange, and a brand new airport will likely be constructed in Dwarka whereas revamping the Keshod facility. Desai additionally said that the work on Rajkot airport in Hisar is within the ultimate phases.The state authorities has put aside Rs 3,514 crore for the ports and logistics sector.

The healthcare sector will obtain an allocation of Rs 15,182 crore, with Rs 55 crore given to increasing the state’s ambulance community. The state plans to assemble 5 new nursing faculties in Gujarat. Additionally, Rs 250 crore has been allotted for the event and modernization of Science City.

The state has allotted Rs 2,808 crore for the Mukhya Mantri Gram Sadak Yojana and Rs 100 crore to arrange Vijbill Protsahan Nidhi to assist municipalities pay electrical energy payments. GIFT City has acquired an allocation of Rs 76 crore, and Rs 150 crore has been given to arrange a riverfront alongside it. The state has allotted Rs 24 crore to buy 50 extra electrical buses and Rs 217 crore to spice up the EV ecosystem.

Rs 1,500 crore has been allotted to farmers to buy micro-irrigation tools. Lastly, the Ahmedabad Metro Phase-II will obtain Rs 18,000 crore.

FAQs:

Q1: What is the allocation for the healthcare sector in Gujarat’s budget for 2023-2024 fiscal yr?


The healthcare sector will obtain an allocation of Rs 15,182 crore, and Rs 55 crore will likely be given to increasing the state’s ambulance community.

Q2: What is the allocation for the Ahmedabad Metro Phase-II within the Gujarat budget?

Rs 18,000 crore has been allotted to the Ahmedabad Metro Phase-II within the Gujarat budget.

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