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MADHYA PRADESH”In “ENGLISH MEDIUM” MPPSC 2020-21 (PRELIMS + MAINS) The Only Comprehensive “CURRENT AFFAIRS” Magazine of “MADHYA PRADESH”in “ENGLISH MEDIUM” National International MADHYA Economy PRADESH 2021 MP Budget Current Affairs MP Eco Survey CURRENT AFFAIRS Books-Authors Science Tech Personalities & Environment Sports MARCH 2021 MP NEWS + GK APP : MPPSCADDA [email protected] Call – 8368182233, 9953733830 MARCH 2021 (CURRENT AFFAIRS) 1 App: MPPSCADDA , Call: 9953733830 , WhatsApp: 7982862964 Mail: [email protected] WEB: www.mppscadda.com WhatsApp - 7982862964 Telegram - t.me/mppscadda MADHYA PRADESH NEWS BUDGET 2021-22 Budget Date - 2 March 2021 Budget session began on 22 February. Finance Minister Jagdish Deora has presented a paperless budget in MP Legislative Assembly Bhopal, This is MP's first e-budget. Finance Minister Jagdish Deora has made several big announcements. "ATMANIRBHAR Madhya Pradesh" Keeping in view the ATMANIRBNHAR Madhya Pradesh, the budget 2021-22 has prepared various schemes in mission mode. "Public budget" To prepare the budget, efforts were made to get the suggestions of the public and included in the budget. "Digital Budget" The budget for the year 2021-22 was presented digitally. Which can also be seen now through the MP Govt Diary app. The budget will also be available on the website of the Finance Department. Budget Estimates Gross State Domestic Product (GSDP) of Madhya Pradesh GSDP For 2021-22 (at current prices) is projected to be Rs 11, 32,116 crore. (around 10 Trillion) This is equivalent to a 10% annual growth over 2019-20. In 2021-22 GSDP is estimated to be 23.4% higher than the revised estimate of GSDP for 2020-21 (Rs 9, 17,555 crore). In 2020-21, GSDP (at current prices) is estimated to contract by 2.1% from the previous year. Expenditure Total expenditure for 2021-22 is estimated to be Rs 2,34,918 crore, an 11% annual increase over the expenditure in 2019-20. Estimated 9% increase in revenue expenditure in the year 2021-22 as compared to the revised estimate for the year 2020-21 Estimated increase in capital expenditure by 42.6% in the year 2021-22 as compared to the revised estimate for the year 2020-21 Capital outlay for the year 2021-22 is estimated at 3.90% of the state GDP. MARCH 2021 (CURRENT AFFAIRS) 2 App: MPPSCADDA , Call: 9953733830 , WhatsApp: 7982862964 Mail: [email protected] WEB: www.mppscadda.com Receipts Total receipts (excluding borrowings) for 2021-22 are estimated to be Rs 1,66,525 crore, an annual increase of 6% over the actual receipts for 2019-20. In 2020-21, as per the revised estimates, total receipts (excluding borrowings) are estimated to be Rs 1,37,566 crore, which is 7% lower in comparison to 2019-20. Estimated 22% increase in the state's own tax revenue in the year 2021-22 as compared to the revised estimate for the year 2020-21. Interest payments in the year 2021-22 are 12.72% of the total revenue receipts. No increase in tax will be done. Revenue Deficit Revenue deficit for 2021-22 is estimated to be Rs 7,953 crore, which is 0.7% of the GSDP. In 2020-21, as per the revised figures, revenue deficit is estimated at Rs 21,051 crore (2.29% of GSDP), as compared to the budgeted estimate of Rs 17,189 crore (1.81% of GSDP). Fiscal Deficit Fiscal deficit for 2021-22 is targeted at Rs 50,598 crore (4.47% of GSDP). In 2020-21, the revised estimate for fiscal deficit is expected to be 5.66% of GSDP, higher than the budget estimate of 4.96% of GSDP. Sectors Allocation towards water supply and sanitation had the highest annual increase of 54% over 2019-20, followed by health and family welfare (10%), and education, sports, arts and culture (10%). An annual decrease of 2% is seen in the allocation for construction of roads and bridges, and rural development between actual expenditure for 2019-20 and estimates for 2021-22. Budget – Amount in each sector S.R Sector Part of budget (Percentage) 1. Infrastructure development 20.35 2. Education 18.87 3. Agriculture and Allied Sectors 16.29 4. Health and Allied Sectors 7.20 5. Poor welfare 5.51 6. Women 4.92 MARCH 2021 (CURRENT AFFAIRS) 3 App: MPPSCADDA , Call: 9953733830 , WhatsApp: 7982862964 Mail: [email protected] WEB: www.mppscadda.com Budget Allocation ₹ 24,911 crore for Scheduled Tribes (Sub Scheme) ₹ 17,980 crores for scheduled castes (sub schemes) ₹ 9793 crore provision for the establishment of government primary schools (school education) Provision of ₹ 5762 crore for Water Life Mission ₹ 15329 crore provision for secondary schools (school education) ₹ 4600 crore for Atal Krishi Jyoti Yojana ₹ 4027 crore for government high / higher secondary schools ₹ 3993 crore for Composite Education Campaign ₹ 4394 crore for grant to local bodies as per the recommendation of 15th Finance Commission ₹ 3600 crore for transfer of tax from urban bodies to entry tax ₹ 3200 crores for Chief Minister Kisan Kalyan Yojana ₹ 3035 crores for National Health Mission ₹ 2987 crore for Primary Schools (Tribal Affairs Department) ₹ 2925 crores for the Prime Minister's Village Road Scheme ₹ 2581 crore for Atal Griha Jyoti Yojana ₹ 2500 crore provision for the Prime Minister's Housing Scheme ₹ 2220 crores for Prime Minister Crop Insurance Scheme ₹ 2026 crore for canal and related construction work ₹ 2016 crore for Arts, Science and Commerce College ₹ 2000 crores for National Rural Employment Guarantee Scheme ₹ 2000 crores for the Chief Minister Farmer Crop Acquisition Assistance Scheme ₹ 1885 crores for dam and ring work MARCH 2021 (CURRENT AFFAIRS) 4 App: MPPSCADDA , Call: 9953733830 , WhatsApp: 7982862964 Mail: [email protected] WEB: www.mppscadda.com ₹ 1816 crores for social security and welfare ₹ 1769 crore provision for secondary schools (Tribal Affairs Department) ₹ 1500 crore provision for Housing for All ₹ 1500 crore provision for CM Rise ₹ 11450 crore provision for Minimum Needs Program Special Nutrition Diet Plan ₹ 1272 crore provision for ANGANBARI services; ₹ 1237 crore provision for Magnificent MP Investment Attraction Scheme. ₹ 1208 crores for district / civil hospital and dispensary ₹ 1172 crores for medical college and allied hospital ₹ 1144 crore for Indira Gandhi National Old Age Pension ₹ 1001 crore provision for mid-day meal program ₹ 1000 crore for Atal Mission for Rejuvenation and Urban Transformation MARCH 2021 (CURRENT AFFAIRS) 5 App: MPPSCADDA , Call: 9953733830 , WhatsApp: 7982862964 Mail: [email protected] WEB: www.mppscadda.com ₹ 11000 crore for interest subsidy short term loans to farmers through cooperative banks ₹ 922 crore provision for Ladli Laxmi Yojana ₹ 900 crore provision for smart city ₹ 891 crore for general Maintenance and repair ₹ 878 crores for rural group water supply scheme ₹ 872 crores for 11th, 12th and Mahavidyalaya Scholarship ₹ 870 crore for additional honorarium to Anganwadi workers and assistants ₹ 850 crore for renovation & upgrading of roads under the Prime Minister's Road Plan ₹ 684 crore for intensive animal development project ₹ 620 crores for construction of rural roads ₹ 602 crores for Mukhyamantri Gram Sadak Yojana (externally funded) ₹ 600 crores for the Chief Minister Jan Kalyan (Sambal) Scheme ₹ 600 crores for Road Development Program (ADB funded) ₹ 550 crores for loan assistance for restructuring the state government undertakings ₹ 550 crore provision for compensatory forest rope fund ₹ 515 crores for funding (road construction) from NDB ₹ 500 crores for the Nirmal Bharat Abhiyan Important Budget Announcements Government has also approved the AATMANIRBHAR PACKAGE Portal has been created for ATMANIRBHAR MP - http://atmanirbhar.mp.gov.in/ It has been approved to increase seats in medical colleges. The Finance Minister said that the priority of the government is agriculture. World’s largest floating solar power plant in Omkareshwar New solar park in 6 districts. Work of Atal Progress Way has started. To increase irrigation capacity to 65 lakh hectares. 4,000 recruitments in police and for 24 thousand posts of teachers. Pilot project of transport system for school students of Class IX to XI in five development blocks. Budget for construction of Chambal Progress-Way and Narmada Express-Way. Construction of more than 6 thousand kilometers of roads under Pradhan Mantri Gram Sadak Yojana and the Mukhya Mantri Gram Sadak Yojana. Jal-Jivan mission for urban areas also. MARCH 2021 (CURRENT AFFAIRS) 6 App: MPPSCADDA , Call: 9953733830 , WhatsApp: 7982862964 Mail: [email protected] WEB: www.mppscadda.com Development of Van Dhan Kendra at 86 places in 13 districts. Pre-primary classes to be conducted on pilot basis in 38 Ashram schools of 3 Denotified Special Backward tribes of Baiga, Sahariya and Bharia. Mukhya Mantri Swarozgar Byaj Paridan Yojana to be started. Rapid implementation of ‘Start Your Business in Thirty Days' for Ease of Doing Business. A 50-bed police hospital will be constructed. Diamond museum will be built in Panna. Food processing unit will be set up in Panna. Ropeway construction at Jatashankar in Chhatarpur district. To arrange pension from its budget for Bhopal gas victims after the Central Pension Scheme ended. Approval for 9 new medical colleges in the state. Sambal scheme has been restarted. Small and marginal farmers will get an amount of Rs 10 thousand in a year. Along with the Pradhan Mantri Swanidhi Yojana, benefits of the Chief Minister Kisan-Kalyan Yojana will also be received Gyanodaya School to be upgraded from CBSE Regional Science Center will be established in Jabalpur
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