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UP Budget 2024 25 Hindi PDF
The Uttar Pradesh Budget 2024, spearheaded by Chief Minister Yogi Adityanath, was recently unveiled in the 25th Legislative Assembly, showcasing a substantial allocation of Rs 7,36,437.71 Crore.
This sizable budget reflects a strategic financial plan aimed at addressing key developmental priorities and fostering economic growth across the state. Notably, the budget incorporates new schemes amounting to Rs 24,863.57 crore, signaling a commitment to innovation and progress in various sectors.
Within the state government’s budgetary framework, significant focus has been directed towards uplifting women, empowering the youth, supporting farmers, and catalyzing job creation initiatives. This strategic emphasis underscores the government’s dedication to fostering inclusive growth, promoting socio-economic development, and enhancing livelihood opportunities for diverse segments of the population. The comprehensive budgetary allocations underscore a holistic approach towards addressing the multifaceted needs of the state, laying a strong foundation for sustainable progress and prosperity in Uttar Pradesh.
UP Budget 2024 25 in Hindi – Highlights
The estimated total expenditure for the budget stands at a substantial Rs 7,36,437.71 crore, reflecting a strategic financial plan to address the state’s developmental needs comprehensively. This allocation is divided between the revenue account, with Rs 5,32,655.33 crore, and the capital account, with Rs 2,03,782.38 crore, indicating a balanced approach towards operational and investment expenditures. Despite the robust allocation, a deficit of Rs 15,103.89 crore is projected post the deduction of total expenditure from consolidated fund receipts, highlighting the need for prudent financial management and resource optimization.
To bolster the agriculture sector, the budget introduces three key schemes aimed at enhancing productivity and sustainability. The State Agriculture Development Scheme is set to receive a substantial provision of Rs 200 crores, signaling a commitment to agricultural advancement and modernization. Additionally, Rs 200 crores have been earmarked for the UP Agris scheme, supported by the World Bank, to drive innovation and efficiency in agricultural practices. Furthermore, an allocation of 60 crores has been designated for the establishment of automatic weather stations and rain gauges in blocks and panchayats, underlining the government’s focus on leveraging technology for agricultural development.
In a significant move towards social welfare, the budget proposes an increase in the monthly allowance for beneficiaries of the Destitute Women Pension Yojana from Rs 500 to Rs 1,000, aiming to enhance financial support for vulnerable groups. Notably, over 31,28,000 destitute women have benefited from this scheme until the third quarter of the fiscal year 2023-2024, underscoring its impact on livelihood improvement and social security.
Moreover, the Mahila Kisan Empowerment Project envisions empowering female farmers by forming 200 producer groups in the upcoming financial year 2024-2025, emphasizing women’s participation and leadership in agricultural activities. This initiative aligns with the government’s commitment to gender equality, economic empowerment, and sustainable agricultural practices.
The budgetary highlights from the previous fiscal year underscore the government’s proactive approach towards fiscal management and development. With a total budget of Rs 6.90 lakh crore for the year 2023-2024, including an allocation of Rs 32,721 crore for new schemes, the state demonstrates a continuous commitment to innovation, growth, and inclusive progress across various sectors.