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UP Budget 2023 Live Updates: Increase in GSDP for FY 2023-24 estimated at 19 per cent, says finance minister Suresh Khanna

THE TIMES OF INDIA | Feb 22, 2023, 14:38:02 IST

UP Budget 2023 Live Updates: Increase in GSDP for FY 2023-24 estimated at 19 per cent, says finance minister Suresh Khanna

Uttar Pradesh Budget 2023 Live Updates: UP government on Wednesday presented its annual Budget for financial year 2023-24.State Finance minister Suresh Khanna, in his speech, pegged the total Budget size at Rs 6.90 lakh crore. In 2022-23, the state's Budget estimate was at Rs 6.15 lakh crore. UP CM Yogi Adityanath said, "Today we have presented the first budget of 'Amrit Kaal'. This budget will help in making UP self-reliant on the lines of self-reliant India. This budget will serve as the foundation to make UP's economy a $1 trillion economy in the next 5 years."

14:38 (IST) Feb 22

UP Budget Live: Yogi Adityanath govt presents Rs 6.90-lakh crore budget for 2023-24

The Yogi Adityanath government on Wednesday tabled the annual budget 2023-24 in the state legislative assembly. State finance minister Suresh Khanna presented the budget which was earlier passed in a cabinet meeting chaired by chief minister Yogi Adityanath.

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13:23 (IST) Feb 22

UP Budget 2023: Today we have presented the first budget of 'Amrit Kaal'. This budget will help in making UP self-reliant on the lines of self-reliant India. This budget will serve as the foundation to make UP's economy a $1 trillion economy in the next 5 years says UP CM Yogi Adityanath

12:55 (IST) Feb 22

UP Budget: A budget provision of Rs 7,248 crore proposed for old age/farmer pension scheme; Rs 1,120 cr for Divyang Pension Yojana: UP Finance Minister

12:55 (IST) Feb 22

Uttar Pradesh Budget sets an investment target of Rs 10 lakh cr, creation of 20 thousand jobs in next 5 years under UP Tourism Policy 2022

12:25 (IST) Feb 22

Uttar Pradesh Budget 2023: UP deputy chief minister Brajesh Pathak and Om Prakash Rajbhar, president of Suheldev Bharatiya Samaj Party, during budget session of UP assembly at Vidhan Bhawan in #Lucknow on Wednesday

12:25 (IST) Feb 22

Uttar Pradesh Budget Live: Samajwadi Party national president Akhilesh Yadav, party MLAs reached Vidhan Bhawan to attend the budget session of UP legislature wearing black Shervani

#UttarPradeshBudget : Samajwadi Party national president Akhilesh Yadav, party MLAs reached Vidhan Bhawan to attend… https://t.co/Yfoyaewq6h
— TOI Lucknow News (@TOILucknow) 1677048531000

12:06 (IST) Feb 22

UP Budget 2023: A provision of Rs 20 crore is proposed for the Agritech startup scheme in 4 agricultural universities of the state.

11:56 (IST) Feb 22

UP 2023 Budget Live: A provision of Rs 100 crore is proposed for the implementation of the Metro Rail project in Varanasi, Gorakhpur and other cities.

11:55 (IST) Feb 22

The construction work of the Delhi-Ghaziabad Meerut Corridor Regional Rapid Transit System project is in progress. In the financial year 2023-2024, a provision of Rs 1,306 crore is proposed.

11:55 (IST) Feb 22

A budget arrangement of Rs 465 crore is proposed for the Agra Metro Rail Project.

11:55 (IST) Feb 22

A budget arrangement of Rs 585 crore is proposed for the Kanpur Metro Rail Project in the financial year 2023-2024.

11:55 (IST) Feb 22

An arrangement of Rs 150 crore is proposed for the development of infrastructure facilities in the development area and city area of Lucknow development area and all the development authorities of the state and for the development of rope-way service in Varanasi and other cities.

11:46 (IST) Feb 22

An arrangement of Rs 1700 crore is proposed for the construction of railway overhead bridges and Rs 1850 crore for other bridges.

11:46 (IST) Feb 22

To provide free quality education to the children of labourers, one residential school has been established in each division of the state.

11:41 (IST) Feb 22

So far, 8,314 assistant teachers, 1,890 lecturers and 80 principals have been selected in government schools by the state government in the Secondary Education Department. In aided schools, 25,249 assistant teachers, 5,226 lecturers and 849 principals were selected and appointed by adopting a transparent process.

11:39 (IST) Feb 22

UP Budget : Rs 200 crore for establishement of the Unity Mall where ODOP products and other handicrafts would be showcased and sold.

11:39 (IST) Feb 22

Uttar Pradesh state budget : Rs 1,000 crore allocated for development of residential facilities for cops

11:38 (IST) Feb 22

Uttar Pradesh Budget : UP to establish State Institute of Pharmaceutical Research and Development. Rs 20 crore allocated for the purpose.

11:37 (IST) Feb 22

Uttar Pradesh Budget : Rs 10 crore allocated for purchase of vehicles by SDRF

11:36 (IST) Feb 22

UP Budget 2023: Rs 400 crore allocated for effective implementation of Ayushman Bharat scheme, 2.34 cr beneficiaries listed in UP

11:36 (IST) Feb 22

UP Budget Live: Rs 850 crore allocated for new police commissionerates

11:28 (IST) Feb 22

Uttar Pradesh State Budget: SureshKhanna said that unemployment rate before 2017 was 14.4% which has come down to 4.2% now and this is a crucial achievement

11:26 (IST) Feb 22

UP State Budget: UP finance minister tables Budget FY24 in state assembly

Uttar Pradesh finance minister Suresh Kumar Khanna on Wednesday tabled Budget 2023-24 in the state legislative assembly. Earlier, the budget was passed in a cabinet meeting chaired by chief minister Yogi Adityanath.The finance minister had told reporters that it would be the biggest budget in the history of Uttar Pradesh.Last year, the state government presented an annual budget of Rs 6.15 lakh crore for 2022-23. A supplementary budget for Rs 33,769.55 crore was presented in December 2022, taking the total size of the budget to about Rs 6.50 lakh crore.

11:19 (IST) Feb 22

UP State Budget Live: UP targeting GSDP of 19% in the 2022-23 fiscal

11:19 (IST) Feb 22

UP budget 2023: UP’s GSDP recorded an increment of 16.6% in the 2021-22 financial year

11:19 (IST) Feb 22

UP budget Live: State has recorded 16.8 per cent increase in GSDP with is higher than the national growth rate: Suresh Khanna

11:18 (IST) Feb 22

I hope UP CM and finance minister will take steps to make UP a $1 Trillion economy. In the last 6 budgets of this govt, no steps were taken for the welfare of farmers and youth and unemployment also remained unaddressed: Samajwadi Party chief Akhilesh Yadav

11:07 (IST) Feb 22

Lucknow: UttarPradesh finance minister Suresh Khanna presents the budget in Vidhan Sabha (ANI)

#Lucknow | #UttarPradesh finance minister Suresh Khanna presents the #budget in Vidhan Sabha (ANI) https://t.co/yMFp9OIC6R
— TOI Lucknow News (@TOILucknow) 1677044220000

10:56 (IST) Feb 22

Budget to be presented in assembly will be the biggest in history of Uttar Pradesh: Finance minister Suresh Kumar Khanna

09:57 (IST) Feb 22

Organised crime has been eradicated from UP in last few years. The state has only moved towards development. Today, our second Budget will be presented. Our focus is on infrastructure sector & our goal is to achieve $1 trillion economy

UP finance minister Suresh Kumar Khanna

09:39 (IST) Feb 22

Uttar Pradesh finance minister Suresh Kumar Khanna offers prayers at a temple in Lucknow ahead of Budget presentation

#UttarPradesh finance minister Suresh Kumar Khanna offered prayers at a temple in #Lucknow. He will be presenting… https://t.co/OCuQTWvpmx
— TOI Lucknow News (@TOILucknow) 1677038162000

09:24 (IST) Feb 22

UP's largest budget to focus on infrastructure, education, health sectors

08:14 (IST) Feb 22

Govt has doubled UP Police budget in 6 years

With crime control and upkeep of law and order among its top priorities, the state government doubled budget allocation for the state home department and subsequently the state police over the past six years.As a result, the allocation for UP Police doubled from Rs 16,115 crore in 2017 to Rs 32,665 crore in 2022-23.

08:13 (IST) Feb 22

The current fiscal size of the economy is estimated to be around Rs 20. 48 lakh crore. Going by the current value of rupee against dollar, for making UP a one trillion-dollar economy, the size of UP’s economy should be roughly over Rs 80 lakh crore.

08:12 (IST) Feb 22

The budget is also likely to focus on UP Government’s consultant Deloitte’s first report on taking UP to one trillion-dollar economy target.

08:12 (IST) Feb 22

UP Budget likely to focus on report on UP’s $1 trillion goal

With the Global Investors Summit (GIS) receiving investment pledges worth Rs 33.5 lakh crore, the budget would have to focus on developing infrastructure in districts other than the NCR region in a bid to get investment proposals in these areas converted to reality on ground.

08:12 (IST) Feb 22

UP’s largest budget to focus on infra, edu, health sectors

The focus is likely to be on infrastructure development, health sector and education when Yogi Adityanath government presents the state's largest-ever budget on Wednesday. While making allocations, the government will also keep its 1 trillion dollar goal in mind.This will be the seventh consecutive budget of the BJP-led government in the state while finance minister Suresh Khanna will present his fourth budget in the state assembly at 11 am on Wednesday.

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