• 27 May 2022

Uttar Pradesh Budget 2022-23

Why in News?

On May 26, 2022, Uttar Pradesh Parliamentary Affairs and Finance Minister Suresh Kumar Khanna presented the state's largest ever budget of Rs 6,15,518.97 crore (Uttar Pradesh Budget 2022-23).

Key Points

• This is the first budget in the second term of the Yogi Adityanath government in Uttar Pradesh, while the state's Parliamentary Affairs and Finance Minister Suresh Kumar Khanna has presented the budget for the fifth time in both the terms together.
• Out of the 130 resolutions of the Lok Kalyan Sankalp Patra issued before the 2022 Assembly elections, 97 resolutions have been included in this budget , while 44 resolutions are new. An amount of Rs.54,883 crores has been proposed in the Budget to fulfil these resolutions.
• New schemes worth Rs 39,181.10 crore have been included in the budget.
• The target for collection of revenue from State Goods and Services Tax and Value Added Tax has been fixed at Rs.1,24,477 crore.
• Receipts are estimated at Rs 5,90,951.71 crore in this fiscal budget. This includes revenue receipts of Rs 4,99,212.71 crore and capital receipts of Rs 91,739 crore.
• The total expenditure incurred this financial year is estimated at Rs 6,15,518.97 crore. Rs. 4,56,089.06 crore is the expenditure on revenue accounts, while Rs 91,739 crore is the expenditure on capital accounts.
• According to the government, the deficit is estimated at Rs 24,567.26 crore. The net receipts from public accounts are estimated to be Rs.6000 crores. At the same time, after the entire transaction, Rs 18,567.26 crore is estimated to be negative.
• The revenue savings are estimated at Rs 43,123.65 crore. At the same time, the fiscal deficit is estimated at Rs 81,177.97 crore, which is 3.96 per cent of the Gross State Domestic Product estimated for the year.
• Some of the important points of the Budget announcement-
  • Under Pradhan Mantri Ujjwalla Yojana, a provision of Rs.3301.74 crore has been made to give 2 free of cost LPG cylinders in a year (on Holi and Deepawali) to the beneficiary family .
  • The establishment of Bhama shah Price Stabilization Fund has been announced for crops like potato, onion, tomato.
  • In case of accidental death or disability of farmers, there is a provision of a maximum of Rs.5 lakh. In the Budget for the financial year 2022-2023, a provision of Rs.650 crore has been proposed for this scheme.
  • Target to set up 15,000 solar pumps in the financial year 2022-23 under Pradhan Mantri Kisan Urja Suraksha Aur Utthan Mahabhyan Yojana.
  • There is a provision of Rs.1000 crore for the Chief Minister's Micro Irrigation Scheme .
  • Under swami Vivekananda Yuva Sashaktikaran Yojana, there is a provision of Rs.1500 crore for the financial year 2022-23 .
  • There is a provision of budget for the formation and development of Women Police Battalions and arrangements have been made for setting up of anti-corruption units in 8 divisions of the state .
  • There is a provision of Rs.18,500 crore for PWD roads.
  • There is a provision of Rs.500 crore for Kashi Vishwanath Rajghat Bridge.
  • There is a provision of Rs.897 crore for Pradhan Mantri Gati Shakti Yojana.
  • A budget of Rs.2700 crores is proposed for flood control.
  • A budget of over Rs.19,500 crore is proposed for the Jal Jeevan Mission at Namami Gange.
  • There is a provision of Rs.500 crore for green field and industrial corridors.
  • There is a provision of Rs 695.34 crore for Meerut-Prayagraj Ganga Expressway and Rs 511.93 crore for Gorakhpur Link Expressway.

Bihar Industrial Investment Promotion Policy (Textiles & Leather), 2022

Why in News?

The state cabinet, chaired by Chief Minister Nitish Kumar on May 26, 2022, approved the proposal to implement the Bihar Industrial Investment Promotion Policy (Textiles and Leather), 2022.

Key Points

• A total of 18 proposals including Bihar Industrial Investment Promotion Policy were approved in the state cabinet meeting.
• State Industries Minister Shahnawaz Hussain said that through this policy, Bihar will be established as a hub in the field of textile and leather industry.
• The state government will provide a grant of up to Rs.10 crore to entrepreneurs and investors who want to invest in the textile and leather industry in Bihar.
• Apart from this, the government will also provide a salary support of three thousand to five thousand rupees per month to the workers working in these industries.

Amendments to the Agri-Processing, Agri-Business and Agri-Export Promotion Policy, 2019

Why in News?

On May 26, 2022, the State Government issued a notification amending the Rajasthan Agri-Processing, Agri-Business and Agri-Export Promotion Policy, 2019, in the public interest.

Key Points

• According to the notification, the first 100 millets processing units to be set up under the Rajasthan Millets Incentive Mission announced in the budget for the financial year 2022-23, will be given 50 percent of the eligible project cost, subject to a maximum grant of Rs 40 lakh per unit, but in such projects which payable grants are excess to the Rs 40 lakh. will be given a grant of 25 percent.
• This provision will be applicable to all projects to be sanctioned in all DLSCs and SLSCs held after 23^rd February, 2022 for disposal of pending grant cases.
• The grant will be payable on the units to be set up under the Rajasthan Millets Incentive Mission, till the mission period or the year 2023-24 or the period of setting up of 100 units, whichever is earlier. After achieving the target of the units prescribed in the mission, the rate of grant will be payable on all pending applications as per the provisions of the Policy, 2019.
• Similarly, 50 percent grant will be payable to the applicants of all categories (agriculturists, their organizations and other eligible persons besides these) for the food processing units to be set up under the Rajasthan Food Processing Mission announced in the budget 2022-23.
• This grant is given to the units that are to be set up in Pratapgarh, Chittorgarh, Kota, Baran for garlic, Barmer and Jalore for pomegranate, Jhalawar and Bhilwara for orange, Jaipur for tomato and gooseberry, Alwar for mustard, Bharatpur, Dholpur, Karauli and Sawai-Madhopur districts. This grant will be payable for the mission period or till the year 2023-24, whichever is earlier.
• In Jodhpur division, 50 percent of the capital grant cost or a maximum of Rs 2 crore will be given to the first ten processing units based on export of cumin and isabgol. This grant will also be payable for the mission period or till the year 2023-24, whichever is earlier.
• The process of grant for these units of Cumin and Isabgol to be set up under the mission will be decided separately. After achieving the target of the units prescribed in the mission, the rate of grant will be payable on all pending applications as per the provisions of the Policy, 2019.

Governor Inaugurates 'Shikhar Parv' and dedicates 'Heritage Architects Painting Exhibition'

Why in News?

On May 25, 2022, Governor Kalraj Mishra inaugurated the three-days 'Shikhar Parv' organised by The West Zone Cultural Centre, Udaipur at Raj Bhavan, Mount Abu and dedicated the 'Heritage Architect Chitra Exhibition' organized under 'Shikhar Parv'.

Key Points

• The 'Heritage Architect Picture Exhibition' showcases 20 artworks.
• Kiran Soni Gupta, director of the Western Zone Cultural Centre, said that the paintings have been exhibited as part of its art concerns with heritage conservation.
• He said that while staying at home in the time of 'Heritage Art Camps' and Covid, these artifacts were created by painters from different states of the country. They have been exhibited at various places before.
• It is worth mentioning that in the artworks displayed, the artists have created a rare world of beauty from the lines with the color-architecture of the particular place. These include temples, palaces, mosques, baodis, the architecture of the buildings built in the hilly region, their beauty, which have been brought to life by the artists from their art-point of view.

The Madhya Pradesh Municipal Laws (Amendment) Ordinance, 2022

Why in News?

On May 26, 2022, The Governor of Madhya Pradesh, Mangubhai Patel gave his assent to the Madhya Pradesh Municipal Laws (Amendment) Ordinance, 2022, proposed by the state government.

Key Points

• The Ordinance also prescribes indirect election of chairpersons and vice-presidents of Municipal Councils and Nagar panchayats in the state.
• After the ordinance is approved, the mayors of municipal corporations and (big cities) will now be directly elected by the people, while the presidents and vice-presidents of municipal councils and Nagar Panchayats (small towns) will be elected by the elected corporators.
• After the gazette notification is published, the proposal will be sent to the State Election Commission (SEC) for implementation.
• There are a total of 413 urban local bodies in the state, including 16 municipal corporations, 99 municipal councils and 298 Nagar Panchayats.
• It may be recalled that the Supreme Court had recently allowed reservation for other backward classes (OBCs) in local body elections in Madhya Pradesh, paving the way for holding elections to more than 23,000 such bodies, which have been functioning without elected representatives for the last two years.

Chhattisgarh's First FIFA Approved Synthetic Football Ground

Why in News?

On May 26, 2022, Chief Minister Bhupesh Baghel inaugurated Chhattisgarh's first FIFA approved synthetic football ground and running track at Jagdalpur.

Key Points

• FIFA has issued a certificate of international standard to the football ground at Jagdalpur Priyadarshini Indira Stadium.
• With this, the Chief Minister also dedicated 19 development works worth more than Rs.44.54 crore and laid the foundation stone of 8 development works worth more than Rs.11.88 crore at Priyadarshini Stadium.
• An MoU was signed between The Ordor Football Academy, Bhubaneshwar, Odisha, Bastar District Football Association and Bastar District Administration to make community football more popular on grass root labels in Bastar. This will enable the players of Bastar to get national level coaches.