Uttar Pradesh FM Suresh Kumar Khanna presents document finances of Rs 7.46 lakh crore for FY 2024-25

The finances for the earlier fiscal 12 months, 2023-24, was Rs 6.90 lakh crore and included new schemes value Rs 32,721 crore. The state authorities’s finances for the following fiscal 12 months estimates complete receipts at Rs 7,21,233.82 crore, with income receipts estimated at Rs 6,06,802.40 crore and capital receipts at Rs 1,14,531.42 crore. The share of tax assortment in income receipts is estimated at Rs 4,88,902.84 crore, together with the state’s personal tax income of Rs 2,70,086 crore and its share within the central tax pool at Rs 2,18,816.84 crore. The entire expenditure is estimated at Rs 7,36,437.71 crore, with Rs 5,32,655.33 crore allotted for the income account and Rs 2,03,782.38 crore for the capital account.

The finances estimates a deficit of Rs 15,103.89 crore after deducting the full expenditure from the receipts of the consolidated fund. Khanna additionally introduced a rise within the quantity payable to eligible beneficiaries underneath the Destitute Ladies Pension Scheme, from Rs 500 monthly to Rs 1,000 monthly. To this point, 31,28,000 destitute ladies have benefited from the scheme until the third quarter of 2023-2024. The minister additionally highlighted the Ladies Farmer Empowerment Mission, which goals to offer technical assist by forming 200 producer teams within the monetary 12 months 2024-2025.

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