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Responding to a written query raised by Congress MLA Shailesh Parmar during the Question Hour,
Deputy Chief Minister and Finance Minister Nitin Patel said as on December 31 2019, Gujarat owes Rs 2,40,652 crore, a rise of Rs 28,061 crore from 2018-19.
On Wednesday, Patel had presented a Rs 2,17,287 crore state budget for 2020-21, with healthy allocations to education, health and agriculture sectors.
In a written reply to a sub-question about interest paid on loans taken in the last two years, Patel said in 2017 -18, the state had paid Rs 17,146 crore interest and Rs 13,700 crore as principal amount.
In 2018-19, the government had paid Rs 18,124 crore in interest and Rs 15,440 crore as principal, he added.
The present debt comprises a market loan of Rs 1,79,353 crore, while Rs 14,691 crore were borrowed from financial institutions, Rs 39,385 crore from National Small Savings Fund and Rs 7,223 crore in Central debt.
As part of the initiative to broadcast the proceedings of the Assembly live,
it has been decided to make the budget speech live through the mobile app in the first phase.
The application has been prepared with the approval of Chief Minister Vijay Rupani and Assembly Speaker Rajendra Trivedi.
Gujarat Budget Live News Important Links :
Gandhinagar: Deputy Chief Minister Nitin Patel today announced launching of a mobile application for upcoming State budget he will present next week on March 2. Patel said, the budget will be available in English and Gujarat both languages. He said the mobile application will be available on Google Play store for Android users. Patel said this initiative will save Rs. 55 lakh stationary cost. He said out of 73 publication related to budget, only 20 per cent publications will be printed.
It’s worth noting that the budget is anyway made available on the website of Finance department of Gujarat government every year.
The website can be also accessed on mobile phones.
finance minister Nitin Patel on Tuesday presented the state’s modified budget for the year 2019-20, with an overall surplus id Rs 572 crore.
In a first, Patel also presented a budget size of Rs 2.04 trillion for the year 2021-22.
This is a historical moment for the State as first time since the formation of the State, a budget size of over Rs two lakh crore (Rs two trillion) is being presented in this house, said Patel while presenting his seventh budget.
The modified budget has estimated revenue receipts of Rs 1.54 trillion, with a revenue expenditure of Rs.