Gujarat Budget

On Wednesday, Nitin Patel had presented a Rs 2,17,287 crore state budget for 2020-21, with healthy allocations to education, health and agriculture sectors

State finance minister says the domain's economy grew by 10% at constant rates the past six years, one of the highest among the major territories

The state has earmarked 3.3 per cent of its total budget for agriculture and allied activities

Having faced Patidar agitation and lost several seats in the agrarian belt of Saurashtra, the Bharatiya Janata Party (BJP) led Gujarat government announced a farm friendly budget for 2018-19 that also looked to address critical issues such as unemployment and ongoing water crisis.While the state tax revenues for April 2017 to January 2018 grew by 20.92 per cent as against the same period last year, deputy chief minister and finance minister Nitin Patel announced fresh levy as well as revision of excise duty and other fees on foreign liquor to boost revenue surplus for 2018-19."Our policies are geared towards inclusive development of the state. The revenue surplus of the state has increased from Rs 17.04 billion during the year 2015-16 to Rs 59.47 billion during 2016-17. This surplus has been used for incurring developmental capital expenditure by the state. In addition to this, the fiscal deficit which was 2.24 per cent of GSDP in 2015-16, has come down to a record low level of 1.42 ..

Sets higher allocation for education, health, MSMEs and infrastructure