UP Budget 2016-17 | Download pdf- Hindi/Eng
The Annual Budget for the financial year of 2016 – 2017 is recently released in the state of Uttar Pradesh. The main force behind this budget release is none other than the Hon’ble Chief Minister of Uttar Pradesh, Shree Akhilesh Yadav. He has rolled out his last annual budget before the UP elections in 2017. This annual budget will be effective for the financial year of 2016 – 2017. This is also termed as the budget for farmers and poor by the party loyalists of the ruling party. The total amount of this annual budget of Uttar Pradesh is Rs. 3.46 lakh crore.
Total Uttar Pradesh annual budget expenditure and its effectiveness
As per the sources of the finance ministry, which is also headed by the Chief Minister of the state himself, the annual sum of this new state budget for the financial year of 2016 – 17 is Rs.3, 46, 935. This budget amount was lesser in the last financial year i.e. 2015 – 2016. This is the fifth annual budget presented by the chief of the Samajwadi Party, which is the ruling party of the state. This budget will be affective till the general elections, which is scheduled to be held in early months of 2017. So for now, this is the last annual budget that is being presented by this ruling CM.
Comparisons of the Uttar Pradesh annual budgets in the last 5 years
Till now, the current Chief Minister of the state of Uttar Pradesh has rolled out five annual budgets after coming to power. This is the last annual budget to be presented and will be applicable till the 2017 elections. The first annual budget by the Akhilesh Govt. was in the year 2012. This was the first annual budget of the Uttar Pradesh by the Samajwadi Party leader for the year 2012 – 13. The current budget presented by the CM on 12th Feb, 2016 is the largest budget in the history of Uttar Pradesh. Following are some comparisons of the five annual budgets declared by the Akhilesh Govt. so far:
|Sl. No.||Uttar Pradesh Annual Budget Session||Total Amount of the Budget||Date of Issue|
|1||2012 – 2013||Rs. 2, 00, 110.61 crore||01 June 2012|
|2||2013 – 2014||Rs. 2, 21, 201 crore||19 Feb 2013|
|3||2014 – 2015||Rs. 2, 74, 750 crore||20 June 2014|
|4||2015 – 2016||Rs. 3, 02, 687 crore||24 Feb 2015|
|5||2016 – 2017||Rs. 3, 46, 935 crore||12 Feb 2016|
A farmer’s and poor man’s budget
According to Akhilesh Yadav, his new annual budget for the state which is applicable for the financial year of 2016 – 2017 is mainly focused on betterment of the farmers, poor sections of the society, weaker classes and unemployed youths. He has promised to work with full enthusiasm for solving the issues of the farmers in the state. Uttar Pradesh has seen many farmer deaths in the last few years. The CM has pointed out that no farmer will have to commit suicide in his state and the state is taking full responsibility for their social and economic development.
Expenditures for farmers
As per the annual budget of UP, a crop loan of corpus of Rs. 93 thousand crore is to be given to the farmers to purchase seeds, insecticides, fertilizers, etc. It has also sanctioned Rs. 1,336 crore for the farmers in form of cane arrear.
Road and metro development project expenditure plans
The government has decided to spend four thousand crore for the newly proposed Expressway connecting Agra and Lucknow. Also another expressway from Lucknow to Ballia is in the list for construction this year. This project has fetched a sum of Rs. 1,500 crore. The dream project of metro rail in the capital city of UP named the Lucknow Metro has fetched more than Rs. 800 crore along with other proposals of metro projects in the cities of Kanpur and Banaras.
Development projects in housing, education and electricity
The government has plans to come up with two high tech cities in the state. There are also plans for a new college for Medical Sciences and two new colleges for the Engineering enthusiasts. Several skill development centres will be launched for providing job oriented training to the youths and fight unemployment. The government has promised to reach the goal of supplying 16 hours of minimum electricity in the villages and 22 hours in the cities. So it has sanctioned Rs. 72 crore for solar projects.