Lucknow: After asserting the Uttar Pradesh price range for 2024-25, Chief Minister Yogi Adityanath on Monday stated that there was a rise of 6.7 per cent as in comparison with earlier state budgets and for the primary time, greater than two lakh crore has been stored for capital expenditure within the price range, Addressing a press convention right here immediately, CM Yogi stated that this can be a price range of Rs 7,36,437 crore. There has been a rise of 6.7 per cent in comparison with the sooner budgets. It additionally presents the achievements of the Double Engine Government devoted to PM Modi’s imaginative and prescient of ‘Sabka Saath, Sabka Vishwas, Sabka Vikas and Sabka prayas.’
“For the first time, Rs 2,30,782 crore has been kept for capital expenditure in the budget, which shows that if money is spent on infrastructure, employment will also be generated and the economy will also be strong. If we compare the GDP of Uttar Pradesh in 2016-17, which was almost 12 lakh crores, and now if we talk about the GDP of UP in 2024-25, it will be successful in reaching 25 lakh crores,” he stated.
CM Yogi additional stated that in this era his authorities succeeded in doubling the typical particular person’s revenue. Today UP has grow to be the quantity two economic system of the nation. We are profitable in attaining this feat as a result of we’ve got stopped theft.
“The result is that the state has today become a revenue-plus state. The biggest feature of the budget is that the limit of fiscal deficit set by the Government of India and RBI is 3.5, our budget works within that limit. That is, we have developed, provided security, achieved the goals of governance but along with this we have also worked with full honesty to maintain fiscal balance in our budget,” he added.
The Uttar Pradesh Chief Minister asserted that in 2016-17, the unemployment price was above 19.2 per cent, immediately it has come all the way down to round 2.4 per cent.
“We have given employment opportunities and MSMe units have been revived. For youths, ‘Mukhyemantri Uddhyami Vikas Yojana’ will be going to start. This is an initiative to ensure employment to the youth of UP in cities and villages in which interest-free loan facility will be provided by the government. This would be worth up to Rs 5 lakh,” the CM stated.
“Farming has been our focus because most of the population of UP depends on it. In this budget, we have proposed the ‘Mukhyemantri Khet Suraksha Yojana’ scheme for the farmers. We have made provisions in the budget to establish automatic water stations, and automatic rain gauges in every gram panchayat so that agriculture in the state is less affected by global warming. Adequate funds have also been provisioned in this budget for the work of establishing Organic Culture Lab, Tissue Lab and Agri-Tourism Centre,” he added.
CM Yogi additionally talked about that the Bundelkhand Industrial Development Authority is being established within the state. “After 46 years, an authority will be established which we have proposed between Kanpur and Jhansi. The place is given in the budget for the establishment of the Medical Research Technology Institute at IIT Kanpur. There is a place in the budget for Ayodhya, Kashi, Mathura, Vrindavan, and Vindhyachal. Arrangements have already been made in the budget for Prayagraj Kumbh,” he stated.Â
