Lucknow (Uttar Pradesh) [India], February 22 (ANI): Uttar Pradesh authorities on Wednesday introduced its annual Budget for monetary 12 months 2023-24.
State Finance minister Suresh Khanna, in his speech, pegged the whole Budget measurement at Rs 6.90 lakh crore. In 2022-23, the state’s Budget estimate was at Rs 6.15 lakh crore.
Uttar Pradesh is the most important state within the nation with a inhabitants estimated at 24 crore. The state can also be the nation’s largest shopper and labour market, with its contribution to the nation’s GDP estimated at greater than eight per cent.
For the monetary 12 months 2023-24, the nominal charge of enhance in Gross State Domestic Product (GSDP) is estimated at 19 p.c, stated Khanna, including that the state’s development charge is encouraging in an period of doubtless world recession. Among main budgetary allocations, the state allotted Rs 25,350 crore for Jal Jeevan Mission, hoping that every one households can be lined with faucet consuming water. Last 12 months’s allocation was Rs Rs 19,500 crore. “By the year 2023-2024, a target has been set to provide pure and pure drinking water under Jal Jeevan Mission by providing functional household tap connections to all 2.26 crore households in the state,” the Finance minister stated. Further, for Kanpur Metro, the primary 9m- odd part of which is already operational, an additional Rs 585 crore budgetary allocation has been made for the 12 months 2023-24.
Prime Minister Narendra Modi in December 2021 inaugurated the finished part of Kanpur Metro Rail Project.
This 9-km lengthy part of the Kanpur Metro hyperlinks IIT Kanpur to Moti Jheel. The total size of the Metro Rail Project in is 32 Km, with 2 corridors of which 13 kms can be underground.
For the Agra Metro undertaking, Rs 465 crore has additionally been made out there within the Budget. Invoking the latest Global Investors Summit, which was attended by over 25,000 buyers from throughout the globe, minister Khanna stated, “I am happy to inform you that more than 19,000 Memoranda of Understanding (MoUs) worth about Rs 33.50 lakh crore were signed during the summit.” The buyers’ summit which got here to an in depth on February 12 was the flagship funding summit of the Yogi Adityanath-led authorities. The mega occasion was geared toward bringing collectively policymakers, business leaders, academia, suppose tanks, and leaders from internationally to collectively discover enterprise alternatives and forge partnerships.
In the run-up to the summit, the state authorities held roadshows and conferences with buyers in numerous international locations and states to advertise the state as a go-to vacation spot for companies and investments. (ANI)