Gujarat Finance Minister Kanu Desai introduced the state finances on Friday. This was the primary finances of the brand new Bharatiya Janata Occasion (BJP) authorities headed by CM Bhupendra Patel, who assumed workplace in December final 12 months. Gujarat FM introduced a Rs 3.01 lakh crore finances for the state, which is 23.38 per cent greater than the earlier 12 months. No new taxes had been levied on the residents on this finances. 

The federal government doubled the insurance coverage protection beneath Pradhan Mantri Jan Arogya-MA (PMJAY-MA) scheme to Rs 10 lakh from Rs 5 lakh, and introduced two fuel cylinders free per 12 months to the Ujjwala scheme beneficiaries. 

Listed here are the highest highlights from the Gujarat finances: 

• FM Desai mentioned that making an allowance for the income account with capital account and web public account, the estimates for the monetary 12 months 2023-24 present a surplus of Rs 916.87 crore.
• The federal government goals to extend the state’s Gross State Home Product (GSDP) past Rs 42 lakh crore, he introduced. 
• The annual insurance coverage restrict beneath Pradhan Mantri Jan Arogya-MA scheme will likely be doubled to Rs 10 lakh for eligible households.
• The state authorities will spend round Rs 5 lakh crore on the event of infrastructure amenities within the subsequent 5 years, he mentioned.
• 5 state highways will likely be developed as high-speed corridors at Rs 1,500 crore funding.
• The Ahmedabad-Bagodara-Rajkot freeway will change into 6 lanes, the minister said.
• Rs 550 crore has been earmarked for reconstruction and strengthening of outdated bridges.
• The federal government plans to arrange sports activities complexes in every district and taluka of the state.
• Rs 1,066 crore will likely be spent on offering homes to round 1 lakh folks beneath the Pradhan Mantri Awas Yojana (City) in the course of the subsequent 12 months.
• Gujarat’s FM Desai introduced Rs 34,884 crore with a purpose to increase schooling within the state.
• Rs 9,705 crore has been allotted for the state’s water assets division. 
• The FM introduced Rs 1,340 crore for month-to-month pension to 11 lakh Nationwide Previous Age Pension Scheme beneficiaries.  
• Rs 178 crore was introduced for the upkeep of Narmada Principal Canal.
• Rs 5,950 crore was introduced for the Narmada mission, together with provision of Rs 1,082 crore for the remaining work on Kutch department canal.
• Beneath PM Gati Shakti, Rs 200 crore fairness contribution to Ahmedabad-Mumbai Bullet Practice Challenge was introduced. 
• A fintech hub will likely be established at GIFT Metropolis with help of Asian Improvement Financial institution.
• Rs 76 crore was proposed for the GIFT Metropolis and Rs 150 crore for the Sabarmati riverfront close to GIFT Metropolis. 

(With PTI inputs)

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