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CHANDIGARH: The Aam Aadmi Birthday party-led Punjab govt on Friday offered a Rs 1.96-lakh-crore funds for 2023-24, with a focal point on agriculture, schooling, employment and well being segments. Within the first entire funds via the AAP govt, the whole dimension has larger via 26 in keeping with cent to ` 1,96,462 crore over the former 12 months.
In the meantime, the debt is predicted to upward push to Rs 3.47 lakh crore via the top of this monetary Closing 12 months in March when the AAP govt took over, the efficient remarkable debt stood at Rs 2. 63 lakh crore. After coming to energy in March 2022, the AAP govt first handed a vote-on account on March 22 after which it offered its funds in June for the remainder a part of the 12 months.
Talking within the state meeting whilst presenting the funds, Finance Minister Harpal Singh Cheema stated that schooling, well being, and agriculture are a few of the precedence sectors for the federal government. He introduced more than a few new schemes corresponding to a marketplace worth chance mitigation scheme for the horticulture sector, solarisation of agriculture pumps, a tender entrepreneur scheme and two training projects for college students.
“Our Govt proposes to introduce a ‘New Agricultural Coverage’ with the target to preserve herbal sources and build up farmers’ source of revenue, a committee of mavens already constituted on this regard. Additionally Sarkar- Kisan Milni, initiative of our Leader Minister, which were given a powerful reaction from the farmers of Punjab, extra such Milnis can be organised in coming months. One lakh quintals of high quality seeds amounting to Rs 38 crore had been procured via state nodal company Punseed via observe and hint machine and round 50,000 farmers had been equipped sponsored seeds price Rs 10 crore,’’ he stated.
“The federal government would supply marketplace intervention for basmati procurement, for which a revolving fund can be created, 33 in keeping with cent subsidy on cotton seeds and observe and hint mechanism for making sure simplest high quality seeds for our farmers. Rs 1,000 crore for a different scheme on diversification,’’ stated Cheema. The Aam Aadmi Birthday party govt has allotted Rs 10,523 crore for keeping up regulation and order — up 11 in keeping with cent from the former 12 months.
“Some evil forces are at all times searching for alternatives to disturb peace and order in our border state,” Cheema stated including that such makes an attempt up to now had been thwarted via our courageous police forces. “I, on behalf of my govt warn the enemies of Punjab to fall in line else our govt shall break them from the basis,” stated Cheema.
Cheema stated the state govt has put aside `40 crore within the 2023-24 Funds to improve the protection infrastructure in border districts. This comprises CCTV cameras in spaces as regards to the world border, lighting fixtures and high-end police cars.
Punjab Leader Minister Bhagwant Mann described the funds as a the roadmap for a brand new, innovative and filthy rich Punjab. He stated that this can be a subject of serious pleasure and delight that this tax unfastened funds has been offered precisely a 12 months after his govt has assumed fee in place of business. He stated that this maiden complete funds of his govt is aimed toward giving primary fillip to the improvement of the state.
Large Takeaways
Farm and allied sector: Rs 13,888 cr, up via 20% over earlier funds
Rs 1,000 cr allotted for crop diversification; a revolving fund for basmati crop acquire has additionally been arrange
Rs 125 cr allotted for direct sowing of paddy and moong crop purchases
Rs 9,331 cr for the farm sector earmarked for 23-24 totally free energy subsidy
Rs 74,620 cr proposed against dedicated expenditure, a bounce of 12% vis-a-vis 22-23
Efficient income deficit and monetary deficit pegged at 3.32 %; 4.98% of the GSDP respectively
A brand new chance mitigation scheme, Bhaav Antar Bhugtan Yojana for horticulture
A brand new chance mitigation scheme, Bhaav Antar Bhugtan Yojana for horticulture
CHANDIGARH: The Aam Aadmi Birthday party-led Punjab govt on Friday offered a Rs 1.96-lakh-crore funds for 2023-24, with a focal point on agriculture, schooling, employment and well being segments. Within the first entire funds via the AAP govt, the whole dimension has larger via 26 in keeping with cent to ` 1,96,462 crore over the former 12 months.
In the meantime, the debt is predicted to upward push to Rs 3.47 lakh crore via the top of this monetary Closing 12 months in March when the AAP govt took over, the efficient remarkable debt stood at Rs 2. 63 lakh crore. After coming to energy in March 2022, the AAP govt first handed a vote-on account on March 22 after which it offered its funds in June for the remainder a part of the 12 months.
Talking within the state meeting whilst presenting the funds, Finance Minister Harpal Singh Cheema stated that schooling, well being, and agriculture are a few of the precedence sectors for the federal government. He introduced more than a few new schemes corresponding to a marketplace worth chance mitigation scheme for the horticulture sector, solarisation of agriculture pumps, a tender entrepreneur scheme and two training projects for college students.googletag.cmd.push(serve as() googletag.show(‘div-gpt-ad-8052921-2’); );
“Our Govt proposes to introduce a ‘New Agricultural Coverage’ with the target to preserve herbal sources and build up farmers’ source of revenue, a committee of mavens already constituted on this regard. Additionally Sarkar- Kisan Milni, initiative of our Leader Minister, which were given a powerful reaction from the farmers of Punjab, extra such Milnis can be organised in coming months. One lakh quintals of high quality seeds amounting to Rs 38 crore had been procured via state nodal company Punseed via observe and hint machine and round 50,000 farmers had been equipped sponsored seeds price Rs 10 crore,’’ he stated.
“The federal government would supply marketplace intervention for basmati procurement, for which a revolving fund can be created, 33 in keeping with cent subsidy on cotton seeds and observe and hint mechanism for making sure simplest high quality seeds for our farmers. Rs 1,000 crore for a different scheme on diversification,’’ stated Cheema. The Aam Aadmi Birthday party govt has allotted Rs 10,523 crore for keeping up regulation and order — up 11 in keeping with cent from the former 12 months.
“Some evil forces are at all times searching for alternatives to disturb peace and order in our border state,” Cheema stated including that such makes an attempt up to now had been thwarted via our courageous police forces. “I, on behalf of my govt warn the enemies of Punjab to fall in line else our govt shall break them from the basis,” stated Cheema.
Cheema stated the state govt has put aside `40 crore within the 2023-24 Funds to improve the protection infrastructure in border districts. This comprises CCTV cameras in spaces as regards to the world border, lighting fixtures and high-end police cars.
Punjab Leader Minister Bhagwant Mann described the funds as a the roadmap for a brand new, innovative and filthy rich Punjab. He stated that this can be a subject of serious pleasure and delight that this tax unfastened funds has been offered precisely a 12 months after his govt has assumed fee in place of business. He stated that this maiden complete funds of his govt is aimed toward giving primary fillip to the improvement of the state.
Large Takeaways
Farm and allied sector: Rs 13,888 cr, up via 20% over earlier funds
Rs 1,000 cr allotted for crop diversification; a revolving fund for basmati crop acquire has additionally been arrange
Rs 125 cr allotted for direct sowing of paddy and moong crop purchases
Rs 9,331 cr for the farm sector earmarked for 23-24 totally free energy subsidy
Rs 74,620 cr proposed against dedicated expenditure, a bounce of 12% vis-a-vis 22-23
Efficient income deficit and monetary deficit pegged at 3.32 %; 4.98% of the GSDP respectively
A brand new chance mitigation scheme, Bhaav Antar Bhugtan Yojana for horticulture
A brand new chance mitigation scheme, Bhaav Antar Bhugtan Yojana for horticulture