Gujarat Budget 2018-19 Highlights
On 20th February 2018, India’s 2nd largest state in terms of Gross State Domestic Product (GSDP) presented its Budget for 2018-19. Gujarat Finance Minister Nitin Patel on Tuesday presented the first budget of the Bharatiya Janata Party-government, led by Chief Minister Vijay Rupani.
Highlights of Gujarat Budget 2018-19:
- Focus areas of the budget was for farmer welfare, agriculture, youth employment, irrigation, water supply, social justice, education, health, nutrition, traffic management and infrastructure.
- Budget size Rs. 183666 crore.
- Revenue surplus in the state increased to Rs 5,946 crore in FY 2016-17 from Rs 1,704 crore in FY 2015-16.
- The fiscal deficit comes down to 1.42% of GSDP in 2016-17 from 2.24% of GSDP in 2015-16.
- A new scheme of Mukhyamantri Apprenticeship Scheme announced. Youth to get Rs 3,000 per month with training.
- The govt has allocated Rs 6755 crore for Agriculture.
- For Labour and Employment Rs 1732 crore has been allocated.
- The education sector has got Rs 27500 crore.
- Gujarat govt has allocated Health and family welfare Rs 9750.50 crore.
- Women and Child development have received Rs 3080 crore allocation.
- For Industries and Mines, the Gujarat govt has set aside Rs 4410 crore.
- For Roads and Buildings Rs 9252 crore has been allocated while for Home Rs 5420 crore has been provisioned in the Budget.
- Four new cyber crime police stations will come up in Surat, Vadodara, Rajkot, and Mehsana for a cost of Rs 1 crore.
- Rs 14,895 crore will be spent on river Narmada and other water resources in the state.
- The state will spend Rs 300 crore to develop seaplane services and new airports.
- The government allocated Rs 899 crore to construct Sardar Vallabhbhai Patel’s Statue of Unity.
- A provision of Rs. 785 Cr to create employment opportunities for the estimated 3.50 lakh youth during next year.
- For Energy and Petrochemicals department Rs. 8500 crore was allocated.
- Among the noticeable announcements, the State government announced new 1.22 lakh agriculture power connections with a provision of ₹1,921 crore.
- Posted on Feb 22, 2018
- By Dhruv
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