Budget for the Financial Year 2023-2024 Presented in Haryana Vidhan Sabha

• 24 Feb 2023

Why In News?

On February 23, 2023, Haryana Chief Minister Manohar Lal Khattar as Finance Minister presented the budget for the financial year 2023-2024 in the Haryana Legislative Assembly, which has been described as a historic budget and the biggest budget ever after the formation of Haryana. This budget is Rs 1,83,950 crore.

Key points

• In the budget of the financial year 2023-2024, special focus has been given on the rural economy, in which special provision has been made for electricity, water for irrigation and agriculture, animal husbandry and cooperative sector.
• For the energy sector, a provision of Rs 8,283 crore has been made in the budget, which is 14.9 percent more than the previous year. Apart from this, Panipat Thermal Power Plant is to be phased out in the next 6 years. Instead, the Chief Minister has made a provision of equity of Rs 800 crore for setting up a new 584 MW plant in Yamuna Nagar.
• Rs 5,017 crore has been made to the Public Health Engineering Department and a comprehensive provision has also been made for cooperatives. It is working to provide clean drinking water at 55 liters per person per day in rural areas and 135 liters per person per day in urban and semi-urban areas. Under the Mahagram scheme in the budget, sewerage lines will be laid in 132 big villages in the first phase. 100 km during the next financial year. A target has been set to lay a new sewer line.
• With the financial budget of the year 2023-24, where investment in industries will increase in the state and employment opportunities for the youth will increase, the infrastructure of roads and railways will also be strengthened. Rs 1,442 crore has been allocated to the industry and MSME sector in the budget. 5000 km in the state in the year 2023-24. Improvement of roads, 553.94 km. long roads will be widened and strengthened, and 14 new bypasses will be constructed.
• Coaching will be provided in government colleges to 1000 students who have passed graduation to appear in competitive examinations for jobs in state, central government, other state governments and defence services. Free coaching will be provided to students of families with income up to Rs 1.80 lakh and 50 percent subsidy will be given to students of families with income of Rs 1.80 lakh to Rs 3 lakh.
• A provision of Rs 229 crore has been made for the labour sector in the budget for the year 2023-24. Special attention has been given to the children of laborers in the budget. A provision was also made in the budget that no child till the age of 14 should be deprived of education. At present P.P.P. Based on the data, a survey is being conducted to identify those children who are not going to school.
• After identifying such children of construction workers, creches, play schools and site schools will be opened there. The cost of setting up these schools will be borne by the Haryana Building and Other Construction Workers Welfare Board. Such children will get assistance for their education till class 12th.
• A budget provision of Rs 5,893 crore has been made for urban development and housing sectors in the state. This is 11.1 percent more than the previous year. In the budget, Rs 500 crore has been allocated for 'Divya Nagar Yojana' and Rs 200 crore for maintenance of sewerage in big cities. An announcement has also been made in the budget to set up 'Sonipat Metropolitan Development Authority'.
• In the year 2023-24, a budget provision of Rs 8,316 crore has been made for agriculture, horticulture, animal husbandry, fisheries and cooperative sectors.
• In the budget of the year 2023-24, a provision of Rs 2047 crore has been made for the Women and Child Development Department, which is 10.3 percent more than the revised estimates of the current year. In the budget, a target has been set to reduce such cases by 50 percent by tracking children facing malnutrition including stunting and wasting through the Child Promotion Portal.
• It is also proposed to add 4000 more play schools in the next two years by converting existing Anganwadi’s and providing training to Anganwadi workers in elementary education.