Punjab budget presented by FM Manpreet Singh Badal; check highlights

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manpreet badal
Manpreet Badal presents Punjab budget.

The Hush Post: Finance Minister Manpreet Singh Badal is presenting budget in the Punjab Vidhan Sabha.

Following is the Punjab budget in a nutshell.

  • The total budget of Punjab is up from Rs 55,296 crore to Rs 71, 182 crore.
  • Total debt on Punjab is Rs 1,95,975 crore
  • By the year end, it will reach Rs 2,11,523 crore
  • The interest on debt that the Punjab govt has to pay has gone up from Rs 11,400 crore to Rs 15,175 crore.
  • Rs 10 crore to be earmarked for a Sports University in Patiala.
  • Under Khedo India (Play for India) scheme, Rs 50 lakh to be kept separately.
  • A shooting range by spending Rs 6 crore will be set up in SAS Nagar and Muktsar.
  • Increase in salary and pension expenditure to be 13 per cent. Right now it is 8,775 crore and it will go up to Rs. 9,469 crore.
  • A cattle feed will be built at Kapurthala for Rs 13 crore.
  • Doctor to be appointed as per National Health Mission guidelines.
  • Increase in budget for Pisciculture from Rs 10 crore to Rs 16 crore.
  • Kotakpura, Ludhiana, Patiala to upgrade goat breeding farm.
  • A vanaspati refinery to be set up at a cost of Rs 42 crore at Khanna.
  • Professional Tax imposed on those already paying income tax. This will be Rs 200 per month.
  • Cooperative societies to be upgraded by spending Rs 45.crore.

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