Haryana CM proposes Rs 1.89 lakh crore budget

by IANS |

Chandigarh, Feb 23 (IANS) Haryana Chief Minister Manohar Lal Khattar on Friday proposed a Rs 1.89 lakh crore state budget for 2024-25, an increase of 11.37 per cent over the revised estimates of Rs 170,490.84 crore for 2023-24, with no new taxes.

He said the state government took several steps for farmers' welfare. Fourteen crops are being bought at the minimum support price (MSP).

Khattar, who also holds the finance portfolio and presented his fifth successive budget estimates before the legislature, said the Gross State Domestic Product (GSDP) is estimated to increase by 8 per cent in 2023-24.

This was the last budget of the BJP-JJP's five-year term. Haryana goes to the polls in October.

The national per capita income at current prices is projected to increase from Rs 86,647 in 2014-15 to Rs 185,854 in 2023-24, an increase of 114 per cent.

In Haryana, he said, it is estimated to increase from Rs 147,382 in 2014-15 to Rs 325,759 in the year 2023-24, an increase of 121 per cent.

The share of secondary sector in the total gross state value added at current prices in 2023-24 is estimated at 29.3 per cent.

In the year 2023-24, the share of tertiary sector in gross state value added is estimated to increase to 52.6 per cent and the share of primary sector to 18.1 per cent.

"Primary, secondary and tertiary sectors are estimated to grow by 8.6, 6.3 and 13.8 per cent respectively in 2023-24."

The Chief Minister expressed gratitude to Prime Minister Narendra Modi for the construction of Ram Temple in Ayodhya and the 'pran pratishtha' of Ram Lalla.

"India will be the fastest growing economy in the world with a growth rate of 6.7 per cent in 2023. The Prime Minister provided exemplary leadership at the recently held G-20 Summit and the next two decades till 2047 will be the Amrit Kaal. In this period, India will be one of the leading developed countries of the world and will again become the world leader," he said.

Latest News
Karnataka Congress stages empty pot protest in Bengaluru against Centre Sat, Apr 20, 2024, 04:27 PM
Iranian foreign minister in New York: Ease Middle East tensions Sat, Apr 20, 2024, 04:26 PM
HK, Singapore food regulators red flag 'cancer-causing' ingredient in certain MDH, Everest spices Sat, Apr 20, 2024, 04:13 PM
Gujarat contributes over 8.3% to national GDP: FM Sitharaman Sat, Apr 20, 2024, 04:12 PM
Turkey's President Erdogan to meet Hamas chief in Istanbul Sat, Apr 20, 2024, 04:11 PM
HDFC Bank posts Rs 16,511 crore net profit in Q4, declares dividend of Rs 19.5 per share Sat, Apr 20, 2024, 04:03 PM
Constituency watch: Massive MPLAD spending by MP keeps BJP ahead in Bankura Sat, Apr 20, 2024, 03:58 PM
Iraq: One dead, 8 injured in blast at pro-Iran militia's facility Sat, Apr 20, 2024, 03:47 PM
Reunited with family, 95-yr-old great grandma from Bihar seeks to cast vote Sat, Apr 20, 2024, 03:45 PM
Delhi court reserves order on Sisodia's regular bail pleas; he withdraws interim plea to campaign for LS polls Sat, Apr 20, 2024, 03:18 PM
Viksit Bharat Ambassador meet-up: India will be among world's top 3 economies by 2027-28, says Hardeep Singh Puri Sat, Apr 20, 2024, 03:16 PM
Man reported dead after self immolation near court during ex-US Prez Trump's trial Sat, Apr 20, 2024, 03:15 PM
Formula 1: Verstappen on pole for Chinese Grand Prix, Hamilton to start at 18th position Sat, Apr 20, 2024, 03:14 PM
Athletics: US quartet breaks distance medley relay world record in Eugene Sat, Apr 20, 2024, 03:13 PM
Golf: Field announced for 2024 China Open as DP World Tour returns to Shenzhen Sat, Apr 20, 2024, 02:03 PM