Haryana government presents Budget for 2018-19: Key highlights

Here are the highlights of the Haryana Budget 2018-19

Haryana government presents Budget for 2018-19: Key highlights

New Delhi: Haryana Finance Minister Captain Abhimanyu presented the Haryana Budget 2018 in the state assembly.

The finance minister proposed a Budget of Rs 1,15,198 crore for Haryana while no new tax proposal was announced his budget speech.

Also Read: Himachal Pradesh Budget 2018-19

Here are the highlights of the Haryana Budget 2018-19

  • Revenue receipt raised to Rs 76,933 crore
     
  • Budget outlay comprises 26.1 percent in capital expenditure of Rs 30,012 crore and 73.9 percent as revenue expenditure of Rs 85,187 crore
     
  • Haryana Kisan Kalyan Pradhikaran to be set up to make agri more remunerative
     
  • Allocation of Rs 100 crore for SYL completion
     
  • Total revenue receipt as ratio to GSDP is estimated at 11.52 percent in 2017-18 as compared to 9.63 percent in 2016-17
     
  • Increase of 51.22 percent in outlay for agriculture and allied activities
     
  • Rs 4097.46 crore for agriculture and allied activities
     
  • Rs 1,838.49 crore for agriculture, Rs 913.43 crore for animal husbandry, Rs 834.91 crore for horticulture, Rs 427.17 crore for forests and Rs 83.46 crore for fisheries
     
  • Outlay of Rs 3,222.21 crore proposed for irrigation and water resources, which is 20.01 percent increase over revised estimates of 2017-18
     
  • 10.9 percent increase in outlay for education
     
  • Allocation of Rs 4301.88 crore proposed for rural development and community development and panchayat
     
  • Rs 4,769.61 crore allocated to health
     
  • 51.22 percent increase for agriculture and allied activities from Rs 2,709.69 crore to Rs 4,097.46 crore
     
  • An outlay of 657.94 crore proposed for skill development and industrial training department
     
  • Allocation of Rs 15,372.16 crore for power department and Rs 112.85 cr for non-conventional energy department

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