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- Rationale for the Supplementary Budget: The supplementary budget has been introduced to sustain the momentum of development, Provide additional financial resources to priority sectors, Fast-track schemes in response to emerging needs during the financial year.
- Such budgets are placed before the legislature when existing allocations prove inadequate or when new expenditure requirements arise.
- Size and Significance of the Supplementary Budget
- The supplementary budget constitutes 3.03% of the original state budget of ₹8.08 lakh crore.
- With its inclusion, the total budget outlay for the financial year has risen to ₹8.33 lakh crore.
- Budget Allocation The supplementary budget includes Rs 18,369 crore provisions in revenue expenditure while Rs 6,127 crore for capital expenditure.
- Infrastructure and Connectivity Push:
- ₹1,246 crore for a Greenfield Expressway linking Jewar International Airport with the Ganga Expressway
- ₹1,835 crore for further development of the Ganga Expressway.
- Rs 1 lakh has also been allocated for the development of International Cricket Stadium in Gorakhpur district.
- Focus on Environment, Elections and Renewable Energy
- ₹200 crore allocated for panchayat elections scheduled next year
- ₹1 crore for eco-tourism and development of religious sites
- ₹3.24 crore for the Uttar Pradesh Clean Air Management Project
- Under central renewable energy initiatives:
- ₹500 crore as state subsidy for PM Surya Yojana
- ₹20 crore for solar rooftop installations on government, semi-government and B-PACS buildings
- ₹85 crore for the PM MITRA Park scheme
- Education, Skills and Administrative Infrastructure
- ₹613 crore allocated for setting up Centres of Excellence in state polytechnic colleges
- ₹26.25 crore under the excise department for establishing a Command and Control Centre
- Strengthening Healthcare Infrastructure: Major healthcare allocations include:
- ₹10 crore for a Cancer Hospital in Lucknow
- ₹120 crore for SGPGIMS, Lucknow
- ₹20 crore for Ram Manohar Lohia Institute of Medical Sciences, Lucknow
- Fiscal Discipline and FRBM Compliance: The state government reaffirmed its commitment to the FRBM framework by ensuring control over fiscal and revenue deficits, promoting responsible borrowing, and maintaining transparent and prudent public finance management, while continuing to remain a revenue-surplus state.
- Economic IndicatorsThe Finance Minister stated that Uttar Pradesh’s Gross State Domestic Product (GSDP) is projected at ₹31.14 lakh crore, exceeding earlier estimates and indicating improved economic performance.