Gujarat Finance Minister Kanu Desai forward of the presentation of the State Price range 2024-25 on the Gujarat Meeting Home in Gandhinagar. | Photograph credit score: PTI
The Gujarat Bharatiya Janata Social gathering authorities on Friday introduced a funds of ₹3.32 lakh crore, which imposed no new taxes whereas offering a small aid of round ₹55 crore in stamp responsibility.
On the second day of the funds session of the State Meeting, Finance Minister Kanubhai Desai introduced the funds through which he made a sequence of latest bulletins, together with conversion of seven municipalities into municipal firms and a particular scholarship program for women finding out in secondary and better secondary colleges. with an outlay of ₹1,250 crore.
Desai knowledgeable the Home that the Price range expenditure of ₹3,32,465 crore for 2024-25 signifies a rise of ₹31,444 crore, or 10.44% over the earlier fiscal.
Presenting the funds with an estimated surplus of ₹146.72 crore, the state authorities proposed no new taxes and acknowledged that funds expenditure on social welfare, schooling and healthcare has been elevated.
In his funds speech, Desai introduced a number of plans and tasks and mentioned the state authorities retained GYAN – ‘international‘ (the arms), ‘Yuva‘(youth), ‘Annadata‘ (farmers ‘Nari Shakti‘ (ladies’s energy) – central to funds preparation.
Underneath the newly proposed ‘Namo Lakshmi‘ scheme, women finding out in authorities, aided and personal colleges from class 9 to 12 will get ₹50,000 over the 4 years of schooling. A provision of ₹1,250 crore has been made within the funds for this programme.
Beneath the ‘Namo Shri‘ scheme, pregnant ladies belonging to backward and poor sections are given a assist of ₹ 12,000 and a provision of ₹ 750 crore has been included within the funds.
The Finance Minister additionally introduced the conversion of seven municipalities – Navsari, Gandhidham, Morbi, Vapi, Anand, Mehsana and Surendranagar-Wadhwan – into municipal firms.
He additionally introduced the ‘Jan Rakshak‘ association whereby all emergency providers, together with the police and hearth brigade, may be reached centrally through the quantity 112.
The state funds additionally envisages enlargement of the prevailing riverfront at Sabarmati to GIFT-Metropolis (Gujarat Worldwide Finance Tec-Metropolis) in Gandhinagar in phases 4 and 5.
Whereas no new taxes have been proposed, the state authorities has proposed to offer residents a aid of ₹754 crore by stress-free some provisions of the Motor Automobile Act and stamp responsibility.
As per division funds, ₹55,114 crore for schooling, ₹20,100 crore for well being and household welfare, ₹6,885 crore for girls and youngster improvement, ₹12,138 crore for panchayat; rural housing and rural improvement, ₹21,696 crore for city improvement and concrete housing, and ₹8,423 crore for the vitality and petrochemical division.
For the infrastructure sector, ₹22,153 crore has been earmarked for the roads and building division, and ₹3,858 crore for ports and logistics.