Categories: News

Gujarat increases budget allocation for urban development

Representative Image

GANDHINAGAR: In the Gujarat State Budget 2022-2023 presented by Kanubhai Desai, Minister of Finance, Government of Gujarat, the budget allocation for development of urban infrastructure has gone up by 19%.

Gujarat spends 6% of its budget on urban development which is amongst the highest in the country. This year, the budget allocation has been stepped up to Rs 12,639 crore, a third of which will go towards Swarnim Jayanti Mukhymantri Shehri Vikas Yojana (SJMSVY). This scheme provides amenities to urban areas like water works, sewage works, construction of sewage treatment plants, etc. The program is intended for provision of infrastructure facilities in municipal corporations, municipalities and urban authorities.

Since the octroi tax was merged with GST, urban local bodies have been provided with octroi compensation by the state government, which has also gone up this year by 10% from Rs 426.7 crore in 2020-21 to Rs 468.1 crore.

Many other schemes and subsidies were also announced including a program to provide nutritional supplements and free pulses and edible oils for pregnant mothers.


 

Team Urban Update

Recent Posts

Gadkari: EV prices to match petrol, diesel cars in two years

Representative Image NEW DELHI: Nitin Gadkari, Minister for Road Transport and Highways, Government of India,…

2 months ago

14 lakh homes built in Gujarat under PMAY scheme

Representative Image GANDHINAGAR, Gujarat: Gujarat has reached a significant milestone in the construction of homes…

2 months ago

MBMC launches ‘Central School Control Room’ for students’ safety

Representative Image THANE, Maharashtra: The Mira Bhayander Municipal Corporation (MBMC) in Maharashtra has established a…

2 months ago

Delhi govt extends ban on sale, production of firecrackers till Jan 2025

Representative Image NEW DELHI: With the aim to tackle the increasing air pollution level in…

2 months ago

UPSIDA takes over maintenance of 34 industrial areas from ULBs

Representative Image LUCKNOW, Uttar Pradesh: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has come…

2 months ago

Delhi Jal Board to team up with WATCO for 24/7 water supply

Representative Image NEW DELHI: The Delhi Jal Board (DJB) plans to collaborate with the Water…

2 months ago