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Rs 178.65 Bn Supplementary Budget to Push Power, Infrastructure
ECONOMY & POLICY

Rs 178.65 Bn Supplementary Budget to Push Power, Infrastructure

19 Dec 2024 2 Min Read CW Team
With focus on power sector and infrastructure development, the Yogi Adityanath govt tabled its second supplementary budget of this fiscal worth Rs 178.65 billion. This includes fresh proposals worth Rs 7.9 billion. The Yogi government had presented its main budget over Rs 7.36 trillion in Feb this year. Later, on July 30, a supplementary budget of Rs 122.09 billion was tabled. The second supplementary budget thus accounts for 2.42% of the original budget. Presenting the budget in the presence of CM Yogi Adityanath, finance and parliamentary affairs minister Suresh Khanna highlighted the government's commitment to development. He emphasided that the Yogi government prioritides progress and has the constitutional right to present supplementary budgets as and when needed. In Tuesday's proposals, a lion's share of Rs Rs 8,587 went to the energy department, Rs 24.38 billion to the finance department, Rs 15 billion to the family welfare department, and Rs 10 billion to the animal husbandry department. Elaborating on the budget allocation, Khanna said, apart from Rs 790.49 being earmarked for new proposals, Rs 4.22 billion is the estimated central share under various central schemes. Additionally, the budget has provisions to reimburse Rs 304.8 million taken earlier from the contingency fund. The budget was unanimously approved during a cabinet meeting chaired by the CM earlier in the morning before the House proceedings for the day began.

With focus on power sector and infrastructure development, the Yogi Adityanath govt tabled its second supplementary budget of this fiscal worth Rs 178.65 billion. This includes fresh proposals worth Rs 7.9 billion. The Yogi government had presented its main budget over Rs 7.36 trillion in Feb this year. Later, on July 30, a supplementary budget of Rs 122.09 billion was tabled. The second supplementary budget thus accounts for 2.42% of the original budget. Presenting the budget in the presence of CM Yogi Adityanath, finance and parliamentary affairs minister Suresh Khanna highlighted the government's commitment to development. He emphasided that the Yogi government prioritides progress and has the constitutional right to present supplementary budgets as and when needed. In Tuesday's proposals, a lion's share of Rs Rs 8,587 went to the energy department, Rs 24.38 billion to the finance department, Rs 15 billion to the family welfare department, and Rs 10 billion to the animal husbandry department. Elaborating on the budget allocation, Khanna said, apart from Rs 790.49 being earmarked for new proposals, Rs 4.22 billion is the estimated central share under various central schemes. Additionally, the budget has provisions to reimburse Rs 304.8 million taken earlier from the contingency fund. The budget was unanimously approved during a cabinet meeting chaired by the CM earlier in the morning before the House proceedings for the day began.

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