Riddhi Siddhi Share Brokers News Channel
Riddhi Siddhi Share Brokers News Channel
February 24, 2025 at 08:30 AM
At 8.08 Lakh cr, UP Govt has presented the largest ever budget by any Indian state. Total budget - 8.08 Lakh cr Revenue expenditure - 5.83 lakh cr Capital expenditure - 2.25 lakh cr Total receipts - 7.79 lakh cr Key highlights:- 🧵 1. Education - Allocated 1.06 lakh cr (13% of the budget) to focus on educational infrastructure and access. 2. Infrastructure - 22% of the budget allocated - 4 new expressways to enhance connectivity. - Target to transform 58 municipalities into smart cities. 3. Agriculture - 11% of the budget allocated -1050 cr Farmer Welfare Fund - Target to achieve 5.1% agricultural growth rate 4. Tech and Innovation - 5 Cr allocated for developing an "AI city in Lucknow" (Not sure if it's for weekend drinks of Tech tycoons). Will get more clarity in future. It might be an initial investment with more to follow or plans to bring in private investments. 5. Welfare schemes - 2 free LPG cylinders annually to low income households - 2000 cr for stray cattle management 6. Health - 6% of the budget allocated The budget maintains fiscal discipline by adhering to Fiscal Responsibility and Budget Management (FRBM) limit of 3.5%.

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