Gujarat Deputy CM Nitin Patel presents State Budget 2021-22 with an outlay of INR 2.27 Lakh Crore

Gujarat Deputy CM Nitin Patel presents state budget for the yearOn March 3, 2021, Gujarat Deputy Chief Minister (CM) Nitin Patel who holds the Finance Portfolio presented the State Budget 2021-22 with a Budget Outlay of INR 2, 27, 029 Crore which is an increase of INR 9, 742 Crore than the budget presented in 2020-21.

  • At INR 2.27 Lakh Crore it is Gujarat’s Largest budget so far.
  • It was a INR 587.88 Crore Surplus budget.
  • The state government has not imposed any increase or offered any relief in Gujarat’s existing tax structure.
  • Gujarat’s Public Debt is set to increase to INR 3.78 Trillion by end of FY 2021-22 from INR 2.67 Trillion as on March 31, 2020.

‘Gujarat Budget’ – Mobile app

  • In February 2021, Nitin Patel launched ‘Gujarat Budget’ mobile application through all information regarding budget, access to Budget documents will be provided to the lawmakers & general public.

Fiscal Indicators

  • Revenue Receipts – INR 1, 67, 969 Crore
  • Revenue Expenditure – INR 1, 66, 760 Crore for the year 2021-22
  • Estimated Fiscal deficit in FY 2020-21 – 3.10% due to High Government spending & lower revenue due to pandemic

Sector-wise Allocations

  • Education – INR 32, 719 crore
  • Health and Family Welfare – INR 11, 323 Crore
  • Urban Development – INR 13,493 Crore
  • Energy and Petrochemicals – INR 13, 034 Crore

Major Announcements

  • Announcement of the start of 2nd Edition of ‘Van Bandhu Kalyan Yojana’ for the Tribal population with an allocation of INR 1 Lakh Crore over 5 years. It was started by the Former Chief Minister Narendra Modi in 2007.
  • INR 1, 500 Crore rupees allocated for Ahmedabad-Mumbai Bullet Train Project
  • INR 652 Crore has been allocated for the Statue of Unity area development.
  • Announcement of a new scheme ‘MASIHA’ under which houses will be constructed for labourers at concessional rate on Public Private Partnership (PPP) basis.
  • Promotion of ‘Whale Shark Tourism’ for providing employment in rural areas.
  • INR 7, 232 crores for Krishi Khedut Kalyan Yojana for improving agriculture.
  • Gujarat Socio-Economic Analytics Centre to be set up for carrying out review of existing schemes.

Fishing

  • Under Sagar Khedu  Sarvangee Vikas Yojna-2, INR 50, 000 Crore has been allocated over the next 5 years for the fishermen.
  • Around 2 Lakh youths will be recruited in various government departments in 5 years.
  • Provision of INR 97 crore for development of Navi Bandar, Madhvad, Veraval, Porbandar & Sutrapada fishing ports.

Vaccination Cell

  • INR 3 crore has been allocated for setting up vaccine stores in 9 districts.
  • Special Vaccination Cell to be set up for ensuring smooth COVID-19 inoculation drive.

Urban Development

  • INR 13, 493 Crore has been set aside for Urban Development and Urban Housing Department.
  •   INR 900 Crore has been allocated for building 55, 000 new houses under Pradhan Mantri Awas Yojana (Urban) (PMAY-U). PMAY is a flagship Mission of Government of India being implemented by the Ministry of Housing and Urban Affairs (MoHUA).

E-vehicles

  •  For promoting e-vehicles, the FM has announced a provision of INR 26 Crore for providing a subsidy of INR 48, 000 per e-rickshaw & INR 13 Crore for subsidy of INR 12, 000 per electric two-wheeler.

Textile & Drug Industrial Parks

  • The FM also proposed setting up of Two Mega Textile Parks in Gujarat.
  • A Bulk Drug Industrial park is also to be set up in Bharuch & a Medical device park in Rajkot district.

Health

  • Provision of INR 1106 Crore has been made under the scheme Health and family welfare Mukhyamantri Amrutum (MA) and Ma-Vatsalya Yojana initiated by the Government of India.
  • The beneficiaries of this scheme are provided treatment of upto INR 5 lakh free of cost under this scheme.

Rural Development

  • To Achieve target of providing a house to all by 2022, INR 1250 crores has been allocated for construction of 1 Lakh New houses under Pradhan Mantri Awas Yojana (Gramin) (PMAY-G).
  • INR 564 Crore allocated under Mahatma Gandhi National Rural Employment Scheme.
  • INR 300 Crore allocated under National Rural Livelihood Mission (NRLM) for women empowerment and economic development.
  • INR 124 Crore for Pradhan Mantri Krishi Sinchai Yojana (PMKSY) for improving farm productivity and ensuring better utilization of resources in India.

Click here to read the full budget

About Gujarat:
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