LUCKNOW: The Yogi Adityanath government on Wednesday tabled the annual budget plan 2023-24 in the state legislative assembly.State financing minister Suresh Khanna presented the spending plan which was earlier passed in a cabinet meeting chaired by primary minister Yogi Adityanath.UP Budget 2023 Live UpdatesThe financing minister, in his speech, pegged the total budget plan size at Rs 6.90 lakh crore.
In 2022-23, the states Budget price quote was at Rs 6.15 lakh crore.The finance minister had actually said that it would be the biggest budget plan in the history of Uttar Pradesh.Uttar Pradesh is the biggest state in the country with a population approximated at 24 crore.
The state is also the countrys biggest consumer and labour market, with its contribution to the countrys GDP approximated at more than eight per cent.For the financial year 2023-24, the small rate of increase in Gross State Domestic Product (GSDP) is approximated at 19 percent, said Khanna, adding that the states growth rate is motivating in an age of likely global recession.Among major monetary allowances, the state designated Rs 25,350 crore for Jal Jeevan Mission, hoping that all households will be covered with tap drinking water.
Last years allowance was Rs 19,500 crore.
By the year 2023-2024, a target has been set to offer pure drinking water under Jal Jeevan Mission by supplying functional family tap connections to all 2.26 crore families in the state, the financing minister said.Further, for Kanpur Metro, the very first 9km- odd area of which is currently operational, an additional Rs 585 crore monetary allocation has been made for the year 2023-24.
Prime Minister Narendra Modi in December 2021 inaugurated the finished area of Kanpur Metro Rail Project.This 9-km long area of the Kanpur Metro links IIT Kanpur to Moti Jheel.
The whole length of the Metro Rail Project is 32 Km, with 2 corridors of which 13 kms will be underground.For the Agra Metro job, Rs 465 crore has actually also been offered in the Budget.Invoking the current Global Investors Summit, which was participated in by over 25,000 financiers from across the globe, minister Khanna said, I enjoy 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 financiers top which ended on February 12 was the flagship investment top of the Yogi Adityanath-led federal government.
The mega event was targeted at combining policymakers, market leaders, academia, believe tanks, and leaders from across the world to collectively check out company chances and create partnerships.In the run-up to the summit, the state federal government held roadshows and meetings with financiers in numerous countries and states to promote the state as a go-to location for businesses and financial investments.
(With inputs from ANI)WatchBudget 2023-24 goals to make Uttar Pradesh 1tn USD economy: Yogi Adityanath