- 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