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Construction : Web Exclusive | February 2013 | Source : Construction Update

Gujarat govt allocates Rs 93.9 bn for urban department

The Gujarat government made a provision of Rs 9,391 crore for urban development department in its budget for 2013-14.

The government increased its planned expenditure by 14.71 per cent to Rs 58,500 crore against the plan size of Rs 51,000 crore in 2012-13.

The government allocated Rs 76,679 crore for development schemes, and this represents almost 65 per cent of total Budget size of Rs 114,450 crore.

The budget has estimated fiscal deficit at Rs 20,496 crore, which is at 2.57 per cent of GSDP and below the revised FRBM roadmap of 3 per cent.

While the Budget levies new taxes of Rs 289 crore, it gives tax relief of Rs 245 crore to different sectors, generating an overall surplus of Rs 840.45 crore.

The budgetary allocatThe government alloted Rs 24,586 crore for women and child development, health, education and youth and cultural departments. The social sector allocations make up 42.03 per cent of total plan allocation.

Finance Minister Nitin Patel said the state government is committed to the development of every section of society and each and every area of the state. Inclusive and comprehensive development is our motto, he added.

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