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Jharkhand govt allocates Rs 7040 crore for health

The Jharkhand government on Friday tabled a Rs 1.16 lakh crore budget for the 2023-24 fiscal in the assembly, 15 per cent more than previous financial year. State finance minister Rameshwar Oraon presented the budget in the assembly. For the financial year 2022-23, the state government presented a budget of Rs 1.01 lakh crore.

“I lay on the table of the House a budget of Rs 1,16,418 crore for the financial year 2023-24,” Finance Minister Rameshwar Oraon said in the House.

Members of the opposition BJP and AJSU Party staged a walk-out of the assembly during the budget speech by the state finance minister.

He also announced that a programme with a cost of Rs 50 crore would be launched to encourage millet production in the state.

The budget will “meet the aspirations of the poor, exploited, downtrodden people and bolster all-round development in the state”, he said.

The JMM-led coalition government has brought many innovative schemes that will pave the way for rapid economic growth in the state, the minister added.

Key takeaways from Jharkhand budget

  • The state expenditure has been proposed for Rs 84,676 crore while capital expenditure has been proposed at Rs 31,742 cr .
  • The budget for the general sector is Rs 33,378.45 crore, while a huge expenditure of Rs 43,303.44 crore has been proposed for the social sector. The financial sector allocation would be Rs 39736.11 crore.
  • The FM said the positive side of this budget is that the government is committed to bringing down the non-planned expenditure (salaries, pension and bills) and spending more on the planned sector (different departments for schemes) for the purpose of development.
  • The fiscal deficit for the year 2023-24 is estimated at 2.76% of GSDP, which is Rs 11,674.57 crore.
  • The borrowings of the state is at 29.5 per cent, which is in accordance with Fiscal Responsibility and Budget Management (FRBM) SOPs.
  • The agriculture sector and drinking water and sanitation departments have been allocated Rs 4,627 crores and Rs 4,372 crores, respectively.
  • For food security and in food, the civil supplies department has been allocated Rs 2,750 crore.
  • The labour and employment department has registered a growth of 67 per cent in the budget with a provision of Rs 985 crores.With an allocation of Rs 7,769 crores, the energy department’s growth stands at 60 percent.
  • The growth in the health department budget is 70 percent with an allocation of Rs 7 040 crores. For the women and child welfare department, the budget has been raised by 66 per cent at Rs 7,171 crores.
  • Around 800 new Agaanbadi centres will be started to fight malnutrition in Jharkhand.
  • After Deoghar and Jamshedpur, the airports at Dumka and Bokaro will be commissioned soon. The cost effective price of air ambulance would be available for all.
  • The skill development training would be available for more than 2 lakh people under the Mukhyamantri Rojgar Srijan Yojna .
  • Total investment on schemes has been targeted at 30 percent of the GSDP

However, the opposition is not convinced by the pleas of the ruling alliance to enhance the budget size by 15%. They have alleged that the budget has been drafted to loot the state exchequer, focussing on the interests of the council of ministers.

“How can the budget fill the coffers of the minister is the only motive to increase the size of the budget?”, said Viranchi Narayan, the chief Whip of the opposition. He said the government has been only able to expend 68 per cent of the previous budget. India Today

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