Keeping in mind 2014 Elections, Uttar Pradesh Chief Minister Akhilesh Yadav presents a people friendly budget

February 26, 2013

Uttar Pradesh CM Akhilesh Yadav presented a Rs 23,913 crore deficit budget for the state for 2013-14 at Rs 2,21,201.19 crore.

The focus of the budget is mainly on poor, farmers, agriculture, rural development, Muslims, backward classes and infrastructure development.
The budget has a 10% increase from the last year.
No new tax has been imposed.
Fiscal deficit has been estimated at Rs 23,913 crore (2.9% of the GDP) .

As Uttar Pradesh is anticipated to play a dominant role in the formation of next government at the Centre, the ruling of UP – Samajwadi Party is keen to broaden its support base and solidify at its home.

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