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Adityanath govt's maiden budget shows Rs 7,469 cr deficit

Press Trust of India  |  Lucknow 

The maiden budget of the shows a deficit of Rs 7,468.83 crore the current fiscal.

The total receipts have been estimated at Rs 3,77,190.88 crore, of which receipts account for Rs 3,19,397.43 crore and capital receipts Rs 57,793.43 crore.

On the other hand, the total expenditure is estimated at Rs 3,84,659.71 crore. It includes Rs 3,07,118.63 crore by way of expenditure and Rs 77,541.08 crore by way of capital expenditure.

The budget figures show a surplus of Rs 12,278.80 crore and fiscal deficit of Rs 42,967.86 crore, which is 2.97 per cent of the gross state domestic product.

After deducting total expenditure from the receipts of consolidated fund, a deficit of Rs 7,468.83 crore is estimated.

A net receipt of Rs 7,600 crore is estimated from public accounts.

As per the budget proposal, the state would get Rs 65,000 crore as share from the Centre, while from Excise, the would collect Rs 20,593 crore.

The data shows that the closing balance for 2017-18 is estimated around Rs 1,204.55 crore in which opening balance of Rs 1,335.72 crore has been taken into account.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 11 2017. 17:08 IST