UP budget focuses on minorities, farmers and youth

Image
Press Trust of India Lucknow
Last Updated : Feb 24 2015 | 2:00 PM IST
Unveiling a slew of populist schemes, Uttar Pradesh Chief Minister Akhilesh Yadav today presented a Rs 3.02 lakh crore annual budget for 2015-16, 10.2 per cent more than last fiscal.
In his fourth budget which shows a deficit of 2.96 per cent, Yadav earmarked Rs 9,388.79 crore for new schemes apparently with an eye on the Assembly elections due in 2017.
Keeping in mind the interest of minorities, the Chief Minister pegged Rs 2,776 crore for welfare schemes concerning them besides proposing Rs 2,727 crore for Samajwadi Pension scheme.
For his pet scheme of distribution of laptops among students, he proposed Rs 100 crore.
To strengthen the transport system in the state capital, a sum of Rs 425 crore has been proposed for the ongoing metro project. He also allocated Rs 400 crore to clean river Gomti.
The government decided to observe 2015-16 as farmers' year during which various welfare schemes and programmes will be iniated for them, the Chief Minister said.
Yadav said the state's growth rate for this fiscal has been estimated at five per cent.
*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: Feb 24 2015 | 2:00 PM IST

Next Story