Punjab FM proposes total budget of Rs 73,593 cr for 2014-15 fiscal year
Punjab finance minister Parminder Singh Dhindsa on Wednesday proposed a total budget of Rs 73,593 crore for 2014-15 fiscal year. He proposed Rs 1,525 cr for child and women welfare schemes while Rs 109 has been allotted to fight drug addiction and cancer.chandigarh Updated: Jul 16, 2014 17:58 IST
Punjab FM proposes Rs 819 cr for upliftment of SC and OBC
Punjab FM proposes Rs 109 cr to fight drug addiction and cancer
Punjab FM proposes Rs 1,525 cr for child and women welfare
Punjab FM proposes Rs. 100 cr for dental and ayurvedic institutions
Punjab FM proposes a total budget of Rs 73,593 cr
Punjab government projects revenue deficit of Rs 4252 cr for this fiscal. For last year, the revenue deficit shoots up to Rs 5259 crore against the budget estimate of Rs 1746 cr.
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Will it be “pro-poor proposals” or sops for the industries in the annual Budget to be announced by Punjab finance minister Parminder Singh Dhindsa on Wednesday? As the FM presents the Budget for 2014-15 fiscal session; read this section for live updates on the announcements for the state.
Badal for pro-poor proposals in Punjab Budget
Punjab chief minister Parkash Singh Badal had asked the state finance minister Parminder Singh Dhindsa to incorporate "pro-poor proposals" in the annual Budget with a thrust on sectors like health, education and social security a few days ago.
The chief minister had told him that budgetary proposals should be aimed at ameliorating the poor and disadvantaged sections of the society by providing them basic civic amenities of potable drinking water and proper sewerage, besides healthcare facilities at affordable rates, according to an official release.
He had said the budget proposals should be rural growth- oriented as it was the need of the hour to bridge the widening gulf between the rural and urban population as far as the basic facilities were concerned.
Badal had said a balanced growth could only be achieved by adopting an approach of "inclusive development".
Badal had said, "We can wait for infrastructure projects to come up on the ground, but can't afford to have delay in the implementation of welfare schemes meant for the common man."