UP Budget: Uttar Pradesh's biggest budget today; Focus will be on AI, solar, religious tourism, agriculture, industry and MSME

Posted on 5th Feb 2024 by rohit kumar

The third general budget of the second term of the state's Yogi Aditya government will be presented in the Assembly today. Finance Minister Suresh Kumar Khanna finalized it by signing it in his office on Sunday. Its size is expected to be more than Rs 7.5 lakh crore. The budget is likely to focus on Artificial Intelligence, solar energy, religious tourism, agriculture, industry, and MSMEs.

 

Finance Minister Suresh Khanna will present the budget at 11 am. The government can make many new announcements in this budget. Since it is an election year, it is being speculated that in this budget an attempt will be made to give gifts to the people of the state. After the budget, discussion on the motion of thanks on the Governor's address will begin. The Governor's address will be discussed on 6th and 7th February. On February 8, there will be a general discussion on the income and expenditure for the financial year 2024-25. On the 10th and 12th of February, the demands for grants will be considered along with a discussion on income and expenditure. There will be voting on the budget proposal. On February 12, at 3 pm, the Uttar Pradesh Appropriation Bill 2024 will be reintroduced in the House and passed.

 

 

The Finance Minister said that this all-inclusive, all-touching budget is based on the Prime Minister's resolve to make India a developed nation by the year 2047. The budget will become a strong pillar of making the state a 10 trillion dollar economy. Along with the overall development of the state, it is dedicated to rebuilding the infrastructure and bringing the poor, deprived, youth, women, and farmers into the mainstream of development along with leading a dignified life. The country's economy is continuously strengthening under the financial discipline and guidance of the Chief Minister.

 

The Finance Minister said that this budget is a document following all modern parameters. All such arrangements have been ensured in this budget of the state so that all citizens will be able to contribute fully to the development of the state. We will contribute to the development of the state by standing shoulder to shoulder and with mutual brotherhood without any discrimination.

 

Suresh Khanna said that in the interim budget 2024-25 presented in Parliament on February 1, UP is estimated to get Rs 2,18,816 crore as the state's share in central taxes. Special attention has been given to the poor, women, youth, and farmers in the Union Budget. In the Union Budget, more emphasis has been laid on infrastructure development, from which Uttar Pradesh will get the maximum benefit.

 

Will be special for youth and ODOP

It is believed that in this budget, special attention will be given to Solar City under the Solar Policy. There may also be special financial provisions for laptops and tablets for youth. There will also be a special focus on the package for the Industrial Corridor and One District-One Product i.e. ODOP.

 

AI-related policy will also be glimpsed

There may also be an initial provision of Rs 50 crore for Artificial Intelligence (AI) in the budget. Along with the famous ETH University of Zurich (Switzerland) where scientist Albert Einstein studied, it is proposed to open an AI center in Gautam Buddha Nagar University of Noida. Microsoft and Samsung will also help with this. Provision can be made in the budget for this also. There is also a plan to create an AI department to deal with these matters at the government level.

 

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