No new taxes introduced by State's Finance Minister
<p>Today is the day when Gujarat’s annual budget is to be announced by State’s Finance minister, Gujarat finance minister Kanubhai Desai is presenting the state budget at Gujarat Assembly in Gandhinagar, and here are all the live updates to know: This is the first budget since the Assembly elections in which the BJP retained power with a thumping majority and chief minister Bhupendra Patel was elected for a second term. The Budget session of the Assembly started on Thursday (February 23) and end on March 29. The session is expected to be stormy as Opposition parties Congress and the Aam Aadmi Party (AAP) have said they will raise issues of public importance such as the leak of question papers of competitive recruitment exams, inflation, unemployment, and farmer woes, among others. Also read: Delhi: Man kills girlfriend, stores body in RefrigeratorFollowing is the list of all updates: Ahmedabad-Mumbai Bullet Train Project: A provision of ₹200 crore covers equity contributio</p>
02:19 PM Feb 24, 2023 IST
Today is the day when Gujarat’s annual budget is to be announced by State’s Finance minister, Gujarat finance minister Kanubhai Desai is presenting the state budget at Gujarat Assembly in Gandhinagar, and here are all the live updates to know:
This is the first budget since the Assembly elections in which the BJP retained power with a thumping majority and chief minister Bhupendra Patel was elected for a second term. The Budget session of the Assembly started on Thursday (February 23) and end on March 29. The session is expected to be stormy as Opposition parties Congress and the Aam Aadmi Party (AAP) have said they will raise issues of public importance such as the leak of question papers of competitive recruitment exams, inflation, unemployment, and farmer woes, among others.
Following is the list of all updates:
- Ahmedabad-Mumbai Bullet Train Project: A provision of ₹200 crore covers equity contribution to the Ahmedabad-Mumbai Bullet Train Project under PM Gati Shakti
- No new taxes says state finance minister Desai: State’s finance minister made it clear that there will be no introduction of new Taxes for the audiences, which is a sight of relief for the people of Gujarat.
- 5 new Highway projects to come up: Five highways in Gujarat to be developed as high-speed corridors at cost of ₹1,500 crore: State Finance Minister.
- FinTech hub to be set up at GIFT City, Gandhinagar: Fintech hub to be established at GIFT City with support of Asian Development Bank. A provision of ₹76 crores was proposed for GIFT City.
- The Narmada project: ₹5950 crores for Narmada project. This includes a provision or ₹1082 crore for the remaining works of the Kutch branch canal.
- reconstruction and strengthening of old bridges: A provision of ₹550 crores for reconstruction and strengthening of old bridges to avoid any calamities.
- Significant increase of ₹57,056.89 crore in budgetary provision: Significant increase of ₹57,056.89 crore in the budgetary provision, which is 23.38% higher over the previous year to increase quality investment for the brighter future of next generation
- Gujarat doubles annual insurance limit to ₹10 lahks under Pradhan Mantri Jan Arogya scheme: Gujarat government proposes to double annual insurance limit to ₹10 lahks under Pradhan Mantri Jan Arogya-MA scheme for eligible families: State Finance Minister in Assembly.
- Ahmedabad-Bagodara-Rajkot highway to become 6 lanes: Ahmedabad-Bagodara-Rajkot highway to become 6 lanes, announces state Finance Minister Kanubhai Desai.
- National Old Age Pension scheme: ₹1,340 crore provision for monthly pension to 11 lakh beneficiaries in National Old Age Pension Scheme: Finance Minister.
- Gujarat govt earmarks ₹34,884 crores to boost education: Gujarat finance minister Kanubhai Desai announces ₹34,884 crores to boost education in the state.
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