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4:17 am - Sunday October 26, 2014

MP’s Rs 1.17 lakh cr Budget focusses on agri, education

PRESENTING BUDGET IN THE  ASSEMBLYAgencies, Bhopal
Emphasising on the agriculture,  education, health and investment sectors, the Madhya Pradesh Government today presented the 2014-15 Budget of Rs 1,17,040.99 crore, with an estimated closing balance of Rs 76.89 crORE.

“Total revenue receipts during the fiscal are expected to  be Rs 1,03,493.16 crore, of which Rs 39,989.88 crore will come from state taxes,” Finance Minister Jayant Malaiya said while presenting his maiden Annual Financial Statement.    “Revenue expenditure shall be Rs 99,013.81 crore. This  will enable the regime to achieve revenue surplus of Rs 4,479.35 crore. Fiscal deficit is estimated to be Rs 13,425.48 crore,” he said.

The Minister said Centre made efforts to implement Goods and Services Tax from time to time and was apprised over apprehensions on its enforcement in the present format. He expressed satisfaction that the Centre has taken an initiative to consult all state governments and evolve a consensus in this context.

Highlights of the MP Budget 2014-15

Agriculture and Allied Sectors

– Agriculture Budget for Agriculture and Allied Sectors with a provision of Rs 22,413 cr, which is 19.15 per cent of total budget for 2014-15.

–  Rs 150 per quintal bonus for maize also.

– Provision of Rs 1,050 cr for bonus to farmers.

– New sub-scheme Sudoor Gram Sampark and Khet Sadak Yojna launched under the Mahatma Gandhi National Rural Employment Guarantee Act.

– Provision of Rs 30 cr for advanced storage of fertilisers.

– Provision of Rs 10 cr for Mukhyamantri Khet Teerath Yojna

– Establishment of Rs 320 new custom hiring centres.

 

Panchayat and Rural Development
– Provision of Rs 11,102 crore for rural development.
– Provision of Rs 800 crore for Indira Awas Yojna and Rs 60 cr for Mukhyamantri Grameen Awas Mission.

– Rs 2,536 crore to be transferred as grant in aid to rural local bodies.

– Provision of Rs 631 crore for Backward Region Grant  Fund.

– Provision of Rs 830 crore for ‘Maryada Abhiyan’ in rural areas.

 

Drinking Water & Urban Development

– Provision of Rs 589 crore for urban development and   infrastructure.

– Provision of Rs 585 crore for tubewells and water supply projects in rural habitats.

-Under the Mukhyamantri Shahri Peyjal Yojna in 2014-15, an investment of Rs 651 crore is estimated.

– Provision of Rs 165 crore for Simhastha ‘2016’

– Provision of Rs 87 crore for Mukhyamantri Shahri Swacchata Mission 2014-15. Education

– Provision of Rs 11,922 crore for primary education for the year 2014-15, which is Rs 3,124 crore more than 2013-14.

– Provision of Rs 5,296 crore for middle and higher  education.

 

Women and Child Development

– Provision of Rs 778 crore for Ladli Lakshmi Yojna

– Introduction of One stop Crisis Centre ‘Gauravi’ for protecting the dignity of women.

– Provision of Rs 111 crore for Mukhyamantri Kanyadaan and Nikah Yojna.

 

Food security

– To enhance warehousing capacity, business guarantee of four-and-a-half months being given to private owners.

– Approximately 60 per cent of the population is entitled to receive wheat and rice at Re one per kg.
Inclusive development

– Target to open ultra small banks in every five km radius in rural areas.

– Opportunities for 1.80 lakh senior citizens to visit various places of worship under the Mukhyamantri Teerth Darshan Yojana. Provision of Rs 80 crore for this scheme.

 

Sports, tourism and culture

– Provision of Rs 174 crore for improvement in sports and infrastructure, which is 54 per cent higher than last  year.

– Provision of Rs 146 crore for art, culture and archaeological  activities.

– Provision of Rs 172 crore for tourism.

Posted in: Featured, Madhya Pradesh

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