Budget will provide momentum to devpt in C’garh: CM

Source: The Hitavada      Date: 11 Feb 2018 11:51:00

Staff Reporter,


Feb 10,

After presenting an inclusive development budget for the 12th consecutive year in Chhattisgarh Assembly, Chief Minister Dr Raman Singh said the budget will give momentum to development in State. The budget aims at giving boost to agriculture and rural development in pre-poll Chhattisgarh. Soon after tabling the budget demand proposals in the House, the Chief Minister addressed a crowded press conference where he spelt out his strategy for the all-round development of Chhattisgarh built on digital inclusion, welfare of poorest of the poor, inclusive growth, creation of development opportunities through infrastructure building, strengthening of human capital and good governance.

With an outlay of Rs 83,179 crore, the budget focuses on infrastructure, social sectors and agriculture. The Chief Minister informed that that gross expenditure is estimated at Rs 87,463 crore but after reducing loan repayments and adjusting for national receipts the net expenditure is estimated at Rs 83,179 crore, of which, the Revenue Expenditure is Rs 68,423 crore (82%) and Capital Expenditure is Rs 14,454 crore which is 18% of the net expenditure.

The Chief Minister informed that the Revenue Surplus has been estimated at Rs 4445 crore while the Gross Fiscal Deficit has been estimated at Rs 9997 crore, which is 2.96 percent of GSDP and within Fiscal Responsibility and Budget Management Act (FRBM) limits. The Chief Minister informed that the total Revenue is estimated to be Rs 72,868 crore which includes central schemes assistance of Rs 15,713 crore. The state’s own Revenue is estimated to be Rs 34200 crore, a growth of 9.88% from last year. This year there is no new tax proposal in the budget, informed the Chief Minister.

Speaking about the outlays, the Chief Minister said 34% outlay has been earmarked for development of ST areas, 12% for development for SC areas, 39 percent outlay earmarked for Social Sector while 40% outlay for economics sector.The Chief Minister said an outlay of Rs 3894 crore has been made for the youth in the budget. Under Chhattisgarh Yuva Suchna Kranti Yojna laptos will be distributed to 17,000 students. Also 30 new colleges will be
established, 15 colleges to be upgraded to PG colleges while 45 colleges to have satellite based classes.

The Chief Minister also informed that an outlay of Rs 9222 crore has been made for Panchayat and Rural development with emphasis given on rural housing. Under Pradhan Mantri Awaas Yojna (Rural) 6.88 lakh homes to be build by March 2019, for which a provision of Rs 2354 crore has been made with a target to raise another Rs 3427 crore through off-budget resources. The state government has decided to constitute Rural Housing Corporation for better implementation of scheme.

The Chief Minister said under Swach Bharat Abhiyan, already 10,587 panchayats and 135 blocks have been declared ODF and the whole Chhattisgarh will be ODF 18 months prior to September 2019. A provision of Rs 800 crore has been made for the same. An outlay of Rs 300 crore has been earmarked for National Rural Livelihood Mission and an outlay of Rs 1419 crore for National Rural Employment Guarantee Scheme. An outlay of Rs 1460 crore for PMGSY and outlay of Rs 220 crore has been marked for MMGSY and Gram Gaurav path and Rs 360 crore for MMSGVY.

To enhance water supply, Rs 184 crore has been provisioned for providing water supply to 2750 hamlets and Rs 200 crore for 6000 hamlets. Giving emphasis to infrastructure development an outlay of Rs 7187 crore has been earmarked for Public Works Department, which includes Rs 4020 crore for roads and bridges, Rs 120 crore for RoBs, Rs 260 crore for major bridges, Rs 181.54 crore for state highways and Rs 565 crore for rural roads. Also Rs 200 crore has been earmarked for Central Road Fund. An outlay of Rs 234 crore has been earmarked for PM Housing Scheme, Rs 231 crore for Mission Amrut, Rs 418 crore for smart cities Raipur, Bilaspur and Naya Raipur and another Rs 431 crore for NRDA infrastructures.

An outlay of Rs 4309 crore has been made for Home Department. The outlay includes creation of Special Operations Group to strengthen anti-terror activities, new police stations, outposts, 225 posts of traffic management, special women crime cell in six districts, special cell for chit fund related matters, installation of CCTVs in 232 police stations, C & D category fire-stations in 17 districts, 30 barracks to reduce congestion in jails apart from Rs 230 crore for special central scheme for LWE affected districts. Thus the budget 2018-19 amplifies empowerment, development and welfare of farmers, youth, women, SC and ST and the people of different categories in society through various welfare schemes.