Uttarakhand News

Rs. 45,585 crore budget presented by Uttarakhand government for 2018-19

Uttarakhand government on Thursday presented a Rs. 45,585 crore budget for the financial year 2018-19. This was the second budget for the BJP government who came into power in 2017. In its first budget, the government had presented a Rs 39,957.20 crore budget. Finance Minister Prakash Pant has allocated Rs. 1500 crore for developing organic/herbal farming in Uttarakhand. Major allocations have been made to encourage start-ups, achieving cent percent literacy, opening trauma centre in each district and establishing an international parliamentary studies, research, and training centre.

Highlights of Uttarakhand Budget 2018-19

  • There has been an budget allocation hike of 16% in the health sector, 14% hike in education department and 25% increase in agriculture and allied sector.
  • No new form of tax has been levied in this financial year’s budget (2018-19).
  • Agriculture: A provision of Rs. 966 crore has been allocated for the agriculture department which would include Rs. 64 crore for Rashtriya Krishi Vikas Yojana, Rs. 20 crore for ‘Per Drop, More Crop’ project and Rs. 83 for helping farmer double their income by 2020.
  • Urban Development: Rs. 773.20 crore has been allocated for urban development activities in 92 corporations (8 nagar nigams, 41 nagar palikas, 43 nagar panchayats).
  • Education: A  budgetary allocation of Rs. 6,741 crore has been kept for expenses related to education department.
  • Tourism: Rs. 183 crore has been earmarked for improving the tourism sector in the state. The money is expected to be spent on ropeway project for Surkanda Devi and Poornagiri.
  • Disaster Management:  A budgetary allocation of Rs. 1,148.26 crore has been made for disaster management department which will be used to set up 107 automated weather stations, 16 snow gauges, 28 automated rain gauges.
  •  Home and Internal Security: A provision of Rs. 1,935.61 crore has been kept to strengthen the internal security which will include setting up new police stations, recruiting more personnel and purchase of more weapons.
  • Social Welfare: Rs. 1,666 crore has been kept for social welfare, (sainik kalyan) and women and child development. Rs. 90 crore has been allocated under ‘Nanda Gaura Yojana’ which provide financial assistance to women at different stages of life like birth, education, marriage, and employment.

Inputs from  Times of India