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Uttarakhand CM Rawat presented Rs 53,527-cr budget for FY20-21; 25 public welfare goals in focus

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U''khand CM Rawat tables Rs 53,527-cr budgetOn March 4, 2020, Uttarakhand Chief Minister Trivendra Singh Rawat presented the surplus annual budget of Rs 53,526.97 crore for FY20-21. The budget is described as the document reflecting the hopes and aspirations of the people of the state. It aims to achieve 25 public welfare goals under the state government’s Vision 2020.

  • Total expenditure for the financial year 2020 is estimated at Rs 53,526.97 crore, out of which a provision of Rs 42,389.6 crore has been made under revenue expenditure and Rs 11,137.30 crore under capital expenditure.
  • A revenue surplus of Rs 49.66 crore is expected, while the fiscal deficit is estimated at Rs 7,549.74 crore. 
  • The ratio of fiscal deficit to gross state domestic product (GSDP) is 2.57%, which is within the 3% prescribed limit of fiscal responsibility and budget management (FRBM) act.

This is the fourth annual budget of the state’s BJP government which took over in March 2017.

Key Allocations:

-An amount of Rs 315 crore is proposed under World Bank scheme of disaster management.

-Launch of Krishi Upadan Lagat Sarvekshan Yojana for providing minimum support price for crops like mandua, sanwa, urad, ghat and masoor.

-For generation of self-employment opportunities and prevent migration from hilly areas, a provision of Rs 15 crore has been made under Mukhyamantri Swarojgar Yojana.

-A migration cell will be set up under the Mukhyamantri Palayan Roktham Yojana for which a provision of Rs 18 crore has been made.

-An amount of Rs 1,265 crore has been proposed for Haridwar Kumbh 2021.

-A provision of Rs 2,300 crore has been made for payment of wheat and paddy procured from farmers under rabi and kharif procurement, respectively, in 2020-21. 

-An amount of Rs 240 crore is proposed for the payment of residual dues to sugarcane growers. 

-The integrated cooperative development project has been allocated Rs 100 crore. 

-A provision of Rs 2,055.56 crore is proposed for PWD and Rs 1,072 crore has been made available under Pradhan Mantri Gram Sadak Yojana (PMGSY) to boost rural connectivity. 

-Budget proposes Rs 133 crore to build school infrastructure and Rs 100 crore for Atal Ayushman Uttarakhand Yojana.

About Uttarakhand:
Capital– Dehradun, Gairsain (Summer)
State Bird– Himalayan monal
State Animal– Alpine musk deer