Uttar Pradesh Budget 2023 Highlights: Focus on youth, women, farmers

Calling it “The budget of ‘New Uttar Pradesh’,” Chief Minister Yogi Adityanath earlier today said “it will add new golden chapters in the history of social, economic and cultural development of the state.”

“Undoubtedly, this budget will fulfill the interests of every section of the society including the villages, poor, farmers, youth, and women of the state as per the vision of the respected Prime Minister,” he said.

According to Khanna, the target will be to “achieve a goal of making UP a $1 trillion economy.”

Here are the highlights from the Uttar Pradesh Budget:

🔴 Rs 235 crores allocated for two new link Expressways i.e Jhansi Link Expressway and Chitrakoot link Expressway.

🔴 Rs 600 crores under CM Mass marriage scheme for general category girls, while Rs 150 crores for marriage of OBC girls.

🔴 In order to empower rural women, Rs 83 crore has been proposed for Self Help Groups.

🔴 Rs 4032 crore have been allocated to provide assistance to destitute widows. At present about 32.62 lakh women are being provided assistance in the state.

🔴 Rs 36,230 crore proposed for new 594 km long Ganga Expressway from Meerut to Prayagraj.

🔴 A fund of Rs 2491 crore has been earmarked to build 14 new medical colleges.

🔴 Rs 200 crore proposed for developing industrial corridor along Gorakhpur link expressways.

🔴 Rs 25 crore to be allocated for Pharma Parks, Rs 20 cr for establishing UP institute of Pharmaceutical Research and Development, and Rs 26 crores for establishing nursing colleges.

🔴  Rs 21,159 crore proposed for construction of new roads and flyovers, while another Rs 6209 crore for maintenance of existing ones. The government has allocated Rs 1525 crore for rural roads and Rs 250 crore for widening of roads leading to sugar mills.  Another 50 crores have been allocated for widening of roads leading to Industrial and Logistic parks.

🔴 In accordance with the Jan Lok Kalyan Sankalpa Patra of the BJP for 2022 Assembly polls, 100 percent exemption of power tariff to be given for private tube wells. Rs 1500 crore proposed for the same. In 2022-23 budget, this was 50 per cent.

🔴 Rs 1554 crore proposed for establishing second phase of Green Energy corridor in Bundelkhand to extract and transfer energy from solar plants. The target is to complete the scheme in next 3 years.

🔴 The size of the UP annual budget is Rs 6.90 lakh crore for fiscal year 2023-24, as compared to Rs 6.15 lakh crore, the last fiscal.

🔴 The fiscal deficit is estimated at Rs 84,883 crore, which is 3.84% of the estimated Gross State Domestic Product.