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02 July 2019

Gujarat Budget 2019-20: Highlights

Gujarat Budget 2019: Gujarat's finance minister Nitin Patel presented the Rs 2.05 lakh crore budget for the state. This is the first time when the state's budget has topped the figure of Rs 2 lakh crore. He has announced major allocation for water-related schemes The state has launched an ambitious scheme to ensure the supply of tap water to the next three years. Gujarat government has allocated Rs 20,000 crore for water supply scheme called Nal Se Jal Yojana over the next three years. Rs 4,500 crore will be spent on the scheme this year.

Nitin Patel, who is also Deputy Chief Minister of the State, allocated Rs 6,595 crore for Sardar Sarovar Project and Rs 7,157 crore for Sauni Yojana and other water supply schemes.

Gandhinagar: State Finance Minister Nitin Patel today presented the money budget of Gujarat, thanking PM Modi and Amit Shah for this time, he discussed important issues in the budget. Nitin Patel preferred water, GDP and employment to the budget of 2019-2020.

In the monsoon session of the Legislative Assembly, Finance Minister Nitin Patel completed a full-sized budget of 2019-20, which gave priority to water, employment and GDP, thanked PM Modi for the annual assistance of Rs 6000 given to farmers at the beginning of the budget.Earlier this morning, Finance Minister Nitin Patel said that this budget will be a global identity of Gujarat.

Gujarat Budget 2019-20 Declared By Finance Minister Nitinbhai Patel read all details.
               The economy of Gujarat, a state in Western India, has significant agricultural as well as industrial production within India. www.happytohelptech.in Major agricultural produce of the state includes cotton, groundnuts (peanuts), dates, sugar cane, milk and milk products. Industrial products include cement and petrol. Gujarat recorded the lowest unemployment rate in India in 2015, with 1.2% of the labour force being unemployed.



Gujarat Budget 2019-20 Declared By Finance Minister Nitinbhai Patel read all details.
             A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a family, a group of people, a business, a government, a country, a multinational organization or just about anything else that makes and spends money. At companies and organizations, a budget is an internal tool used by management and is often not required for reporting by external parties.

Gujarat Budget 2019-20 Declared By Finance Minister Nitinbhai Patel read all details.
           A budget is a microeconomic concept that shows the trade-off made when one good is exchanged for another. In terms of the bottom line – or the end result of this trade-off – a surplus budget means profits are anticipated, a balanced budget means revenues are expected to equal expenses, and a deficit budget means expenses will exceed revenues.

Gujarat Budget 2019-20 Declared By Finance Minister Nitinbhai Patel read all details.
*Government proposes to raise electricity duty and stamp duty
Rs 10 crore has been allocated for the development of infrastructural facilities at National Salt Satyagrah Memorial and Dandi March tourism circuit
Rs 6,820 crore has been allocated to provide power subsidy to farmers. Farmers currently get power at a concessional rate to reduce the cost of agriculture
Sum of Rs 510 crore has been allocated for the development of Ahmedabad–Gandhinagar Metro Phase-2 and Surat Metro Rail Project
Rs 1,248 crore has been allocated to provide house to all by the year 2022 under Pradhan Mantri Awas Yojana, 4.80 lakh houses have been sanctioned under this scheme
Rs 500 crore has been allocated under Mukhya Mantri Sadak Yojana and Rs 1,426 crore for putting in place underground drainage and water supply system
Rs 4,894 crore has been allocated under Swarnim Jayanti Mukhya Mantri Saheri Vikas Yojana
Under National River Conservation Program, purification project of Tapi will be taken up with cooperation of Government of India, Gujarat govt and Surat Municipal Corporation at the cost of Rs 922 crore
Against the target of completing 2.04 lakh houses to provide house to all by 2022, construction of 1.85 lakh houses has been completed till date at the cost of Rs 2,105 crore, 1.07 lakh new houses will be built this year, for which Rs 1,208 crore has been allocated
Rs 511 crore has been allocated for lodging and boarding facility of 1.30 lakh tribal children of total 685 schools including 50 Model Residential Schools, 544 Ashram Shalas and 91 EMRS
Rs 80 crore has been allocated to provide free education, hostel and mess facilities to approximately 15,000 girls studying in 151 Kasturba Gandhi Balika Vidhyalays across Gujarat
Rs 454 crore has been allocated for building 5,000 classrooms in primary schools, which will provide better education facilities to approximately 1.5 lakh students
Rs 61 crore has been allocated for providing assistance for purchasing various equipment’s by Village Milk Producers' cooperatives and individual members and to provide subsidy to Milk Producers' Cooperatives Federation of Saurashtra and Kutch
A new veterinary college at Himmatnagar under Kamdhenu University will be started. Initial provision of Rs 1 crore has been made for the same
All farmers who have applied for agriculture power connections till date, shall be provided agriculture connection. Thus, new power connections will be given to all the 1.25 lakh pending applicants, said Nitin Patel
Rs 123 crore has been allocated for new Shetrunjay division and Rs 112 crore for conservation and breeding of wildlife and to protect endangered species
Provision of Rs 500 crore has been made for deep sea pipeline that would be laid to dispose off treated effluents by thousands of industries in Ahmedabad, Vadodara and Jetpur in the deep sea. The pipeline will be set up under a PPP model to help reduce river pollution
Rs 6,595 crore has been allocated for Sardar Sarovar project
* Rs 7,157 crore has been allocated for Sauni yojana and other water supply schemes
Rs 7,111 crore has been allocated for agriculture and farmers welfare department
The government announces Rs 1,000 crore for new Solar Rooftop Scheme, beneficiaries will be given 40 per cent subsidy upto 3KW and subsidy of 20 per cent for system of 3-10KW
For the first time, the state budget has crossed Rs 2 lakh crore, Rs 2,04,815 crore. We are all part of this historic occasion: Nitin Patel
Gujarat has increased its renewable energy capacity from 4,126MW in 2013 to 8,885MW presently. The state plans to increase the capacity to 30,000MW by 2022. Of this, 20,000MW will be for Gujarat while 10,000MW will be made available for other states
Government to spend Rs 20,000 crore over the next three years to ensure no household in Gujarat is left with a tap for drinking water. Rs 4,500 crore has been allocated for this year
The budget to have special emphasis on five sectors: Water management, environment, agriculture, farmers welfare and employment

Gujarat Budget 2019-20: Highlights.Another thrust area After taking the charge of the Union government in 2014, Prime Minister Narendra Modi had set an ambitious target of 175 gigawatts of renewable energy by 2022, with the aim to generate 100 gigawatts from solar power.In line with the vision, the state government has launched a new solar rooftop scheme with the allocation of Rs 1,000 crore. More than two lakh households will be covered under the scheme that will provide 40% subsidy for installation of up to 3-kilowatt solar power unit and 20% subsidy for installation of 3-10 kilowatt solar power unit.Gujarat has a target of achieving 30,000-megawatt power through renewable energy by 2022.The state also plans to provide a separate electricity connection. These new connections will be given to more than 1.25 lakh farmers.Gujarat finance minister Nitin Patel also announced a scheme to improve the sex ratio in the state.

Gujarat Budget 2019-20: Highlights.gujarat budget, nitin patel, gujarat finance minister, rs 2 lakh crore budget of gujarat, what is total budget of gujaratGovernment proposes to raise electricity duty and stamp duty * Rs 10 crore has been allocated for the development of infrastructural facilities at Na.Gujarat Budget 2019-20 Declared By Finance Minister Nitinbhai Patel read all details.
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