Uttar Pradesh Chief Minister Akhilesh Yadav tabled Revenue Deficit Budget for Year 2012-13

Uttar Pradesh Chief Minister Akhilesh Yadav on 1 June 2012 presented the state budget for the fiscal year 2012-13. The 200110.61 crore rupees budget did not comprise any new tax provision. For the first time in the state’s history the Budget size has crossed the figure of 2 lakh crore rupees.

Following are some of the highlights of Uttar Pradesh budget 2012-13:

•    Gross revenue receipts 158847.86 crore rupees and capital receipts 35479.32 crore rupees

•    Gross projected budget deficit of 21570.26 crore rupees

•    1000 rupees per month as unemployment allowance, 1100 crore rupees allocated for this purpose

•    2721.24 crore rupees allocated for giving tablets and laptops to the class 10th and 12th pass students

•    446.35 crore rupees earmarked to promote higher education among girls

•    350 crore rupees for the Kisan Accident Insurance Scheme, insured amount raised from 1 lakh to 5 lakh rupees

•    33263.39 crore rupees allocated for the improvement in education sector

•    7033.86 crore rupees given to enhance medical amenities in the state

•    14950.62 crore rupees earmarked  for social welfare schemes

•    500 crore rupees proposed for farmers' loan relief scheme