Yogi Adityanath govt to present its largest-ever annual budget today
Business StandardThe Yogi Adityanath government in Uttar Pradesh will present its annual budget -- largest ever -- for 2023-2024 in the state Assembly on Wednesday. This would be over Rs 50,000 crore more as compared to previous budget size which stood around Rs 6.48 lakh crore, including Rs 33,000 crore raised through supplementary demands. With the Global Investors Summit receiving investment pledges worth Rs 33.5 lakh crore, the budget would have to focus on developing infrastructure in districts, other than the NCR region, in a bid to get investment proposals in these areas converted to reality on ground. The budget is also likely to focus on Uttar Pradesh government's consultant Deloitte's first report on taking the state to one trillion-dollar economy target. Going by the current value of rupee against dollar, for making Uttar Pradesh a one trillion-dollar economy, the size of its economy should be nearly more than Rs 80 lakh crore.