Yogi-Led UP Govt Unveils Rs 26,760 Cr Supplementary Budget in Assembly
- Posted on November 29, 2023
- Politics
- By TSW NEWS DESK
- 138 Views
The Uttar Pradesh Assembly witnessed the Yogi government's unveiling of a Rs 26,760 crore supplementary budget for the fiscal year 2023-24. Finance Minister Suresh Khanna presented the budget, allocating funds for diverse projects, including support for farmers and regional development. The Samajwadi Party members protested, wearing black clothes, and raised concerns regarding budget utilization and GST on farming equipment. The session, ongoing since November 28, will continue until December 1.
In
the recent Uttar Pradesh Assembly session, the Yogi-led government put forth a
supplementary budget amounting to a substantial Rs 26,760 crore for the 2023-24
financial year. Finance Minister Suresh Khanna took the floor to outline the
budget's breakdown, earmarking funds for various initiatives. This
supplementary budget encompasses a significant allocation of Rs 7,421.21 crore
for new proposals, including substantial provisions for ongoing schemes,
amounting to Rs 21,339.46 crore.
Key components of this supplementary budget include financial support for farmers, with Rs 900 crore earmarked for free electricity and Rs 400 crore to clear dues of sugarcane farmers. Furthermore, provisions have been made for the state capital region's development and initiatives such as the Vishwakarma Shram Samman Yojana and PM Mega Integrated Textile Zone.
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However,
the assembly witnessed Samajwadi Party members' ongoing protest against the
government, symbolized by their attire of black clothing. Shivpal Singh Yadav,
a prominent leader of the Samajwadi Party, criticized the Yogi government's
budget allocation, alleging significant underutilization of allocated funds
across departments. This sentiment was echoed by Samajwadi Party chief Akhilesh
Yadav, who raised questions about the government's handling of wheat
procurement and advocated for reduced GST on farming equipment.
The ongoing assembly session, which commenced on November 28, remains a platform for deliberations, protests, and critical discussions about the state's budgetary allocations and policies.