Akhilesh presents supplementary budget of Rs 5,861 cr

This was the first supplementary grant sought by the Samajwadi Party government after the 2012-13 state annual budget of over Rs 2,00,000 crore

Image
Virendra Singh Rawat Lucknow
Last Updated : Jan 20 2013 | 6:29 AM IST

Akhilesh Yadav government today presented supplementary budget of Rs 5,861 crore for the 2012-13 financial year in the Uttar Pradesh assembly.

This was the first supplementary grant sought by the Samajwadi Party government after the 2012-13 state annual budget of over Rs 2,00,000 crore, which was presented in the assembly on June 1, 2012.

Today’s supplementary budget has revenue and capital account components of Rs 3,559 crore and Rs 2,302 crore respectively spanning both plan and non-plan heads.

Earlier, opposition members created a din in the house over poor law and order situation, riots and farmers’ issues. They assembled in the well of the house shouting slogans and carrying placards denouncing the Akhilesh government. Later, assembly speaker Mata Prasad Pandey adjourned the house until 1220 hrs.

Yadav, who also holds the finance portfolio, tabled the supplementary budget during din in the house.

Meanwhile, BJP submitted a memorandum to the speaker demanding extension of the assembly session beyond November 30. The party has demanded sugarcane price of Rs 400/quintal for the farmers and strict action in communal riot cases.

Rs 1,676 crore in the supplementary budget have been proposed to be adjusted under various heads, thus leaving effective supplementary demands of about Rs 4,185 crore.

Besides, the supplementary demands include central grants of Rs 416 crore under various schemes. This further leaves the net supplementary demand of the Akhilesh government at Rs 3,769 crore.

In the 2012-13 UP budget presented in June, the annual financial statement had projected total receipts of Rs 1,94,327 crore during 2012-13, of which Rs 1,58,847 crore and Rs 35,479 crore pertain to revenue and capital receipts respectively.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 26 2012 | 4:47 PM IST

Next Story