21 Feb 2023

Uttar Pradesh: Yogi Govt's Budget For 2023-24 To Be Presented On Wednesday, Focus Will Be On Mission 80, Will The Aspirations Of 25 Crore People Be Fulfilled

Lucknow: Yogi Adityanath's government in Uttar Pradesh will present the budget for 2023-24 in the assembly on Wednesday, 22 February. It is said that the Yogi government can present a budget of around Rs 7 lakh crore this time. 

CM Yogi Adityanath claims that this budget will fulfill the aspirations of 25 crore people of UP. This budget of the state government will be very special in terms of employment, agriculture, schemes related to women and infrastructure development. In this, the points of the public welfare resolution letter of the government will be included.

Yogi's focus on youth

Focusing on the youth, the government can make a big announcement in the budget. At the same time, funds will also be arranged in the budget to implement the investment proposals related to the Global Investors Summit. 

It is being estimated that the size of the budget could be more than seven lakh crore rupees. Earlier, the Yogi Adityanath government in its second term presented the first budget of 6,15,518.97 crores for the financial year 2022-23. After this, a supplementary budget of 33769.54 crores was presented in December. In this, there was a proposal of Rs 296.56 crore for organizing the Global Investors Summit 2023. 

Compared to the earlier budget, the annual budget of 2022-23 was 10 percent more than the annual budget of 2021-22. Government is expected to allot funds for the marriage of the daughter of laborers.

Focus on Lok Sabha elections

Uttar Pradesh has 80 seats in the Lok Sabha. Lok Sabha elections are to be held in the year 2024. In such a situation, the eyes of the government are on these elections. It is believed that the focus of the government will also be on the Lok Sabha elections 2024. 

The Yogi government will try its best to make the electoral equations simple through the budget. Which will help the party to achieve Mission 80 in UP. New schemes can be gifted for this.

The last budget included new schemes worth Rs 39,181.10 crore. This time their scope is expected to increase further. The state government has different sources of revenue collection.

Since the state government imposes VAT on petrol and diesel and it is a major part of the state's earnings. That's why state governments oppose its inclusion in GST. If VAT is reduced on petroleum products, then it will directly affect the common people and inflation will also come down.

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