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Haryana Finance Minister presented a Deficit Budget for Fiscal Year 2012-13

India Current Affairs 2012. Haryana Finance Minister H S Chatha on 5 March 2012 presented a 610.46 crore rupees deficit budget for fiscal year 2012-13

Mar 26, 2012 17:38 IST

Haryana Finance Minister H S Chatha on 5 March 2012 presented a 610.46 crore rupees deficit budget for fiscal year 2012-13. The minister tabled the budget in the state legislative assembly.

As per the budget proposals the total receipts (net of public debt) forecast for the year 2012-13 is 44708.47 crore rupees whereas the total expenditure (excluding repayments) are projected to be 45318.93 crore rupees leaving a deficit of 610.46 crore rupees.

Major provisions under Haryana Budget 2012-13:

•    The Annual Plan allocation for 2012-13 fixed at 14500 crore rupees
•    The social services sector with an allocation of  7726 crore rupees got the highest amount of fund
•    1684 crore rupees earmarked for social justice & empowerment
•    2965 crore rupees kept for education including technical education and skill development
•    Health services including medical education got 566.55 crore rupees
•    780 crore rupees proposed for augmenting the drinking water supply and improving sanitation
•    1966.89 crore rupees allocated for the irrigation
•    4080.42 crore rupees earmarked for roads and transport sector
•    1761 crore rupees allocated for urban development
•    5237.72 crore rupees allocated for the power sector