HARYANA

To give an impetus to hire local youth from the state and to further attract , Haryana decided to increase the EMPLOYMENT Generation Subsidy under Haryana Enterprises and Employment Policy (HEEP) 2020 from Rs 36,000 to Rs 48,000 per employee per annum for 10 years in ‘B’ ‘C’ and ‘D’ category blocks. The Cabinet presided over by Chief Minister Manohar Lal Khattar, accorded approval to a proposal regarding the subsidy.

He said that the Cabinet also approved capping the net SGST Reimbursement and Investment Subsidy at 50 percent to enable the maximum net SGST reimbursement by the investors. The Employment Generation Subsidy was suggested to be provided for capacity building of state domicile skilled, semi-skilled and UN-skilled employees having Haryana resident certificate, who are earning not more than Rs 40,000 per month as salary on payroll or contract with valid ESI/PF number. However, after the Cabinet approval, now this subsidy will be fixed at Rs 48,000 per employee per annum for 10 years.

The Minister said that stringent steps taken against the mining mafia in the state have started showing results.

Sharma said that during the year 2019-20, the revenue from mining works was Rs 702.25 crore whereas during 2018-19, revenue was Rs 583.21 crore.

The Minister said that the aims to ensure availability of construction material at reasonable prices for the common man in the state, and also to curb illegal mining. The government has taken stringent steps to bring illegal mining to zero level so as to prevent loss of revenue to the exchequer.

He informed that the monitoring and survey system has been enhanced at every level in the Department.

Haryanas Gross State Domestic Product (GSDP), at constant prices in 2021-22, is estimated to have a Growth rate of 9.8 per cent compared to -5.3 per cent in 2020-21, according to the Economic Survey of Haryana.

Haryanas GSDP growth rate at 9.8% in the current fiscal will be higher than the countrys GDP growth rate of 9.2%

The level of the real GSDP in 2021-22 will surpass the pre-Covid level of Rs5.66 lakh crore, recorded in 2019-20, says the Survey

The Services-sector”>services sector was the hardest hit during the Covid pandemic as it involves human contact. Services share in the GSVA reduced from 48.4% in 2019-20 to 47.1% in 2020-21

The GSDP at constant prices is estimated to be Rs 5.88 lakh crore in 2021-22. This implies that the level of the real GSDP in 2021-22 will surpass the pre-Covid level of Rs 5.66 lakh crore, recorded in 2019-20, says the Survey.

Haryanas GSDP growth rate at 9.8 per cent in the current fiscal will be higher than the countrys GDP growth rate of 9.2 per cent.

When it comes to the Gross State Value Added (GSVA) index, which is the value of goods and services produced in the economy, at constant prices, the growth in at 11.5 per cent, Services at 10.1 per cent and Agriculture-notes-for-state-psc-exams”>Agriculture at 2.6 per cent is estimated to fuel the overall growth of 9.2 per cent in the current fiscal.

The Survey says that the Services sector was the hardest hit during the Covid pandemic as it involves human contact. Services share in the GSVA reduced from 48.4 per cent in 2019-20 to 47.1 per cent in 2020-21. It has increased to 47.5 per cent in 2021-22, while the industrys contribution is 35.6 per cent and that of Agriculture is 16.9 per cent.

In sector-wise analysis, the Survey pointed out that since 2018-19, when 9 per cent growth rate was recorded in agriculture, there has been a slump as just 4.8 per cent was recorded in 2019-20, while 2020-21 witnessed negative growth of 2.5 per cent. In the current fiscal, it is estimated to grow at 2.6 per cent. The economic growth of the state has become more dependent on the growth in Industry and Services sectors during the past few years. However, the recent experience suggests that high GSVA growth without sustained and rapid agricultural growth is likely to accelerate Inflation in the state, jeopardising the larger growth process. Therefore, the growth of agriculture and allied sectors continues to be a critical factor in the overall performance of the states economy, says the Survey.

Haryana ranks fourth in the country in terms of production of and has produced more than 11.77 lakh tonnes of millets in the last three years, between 2019-20 and 2021-22.

However, Punjab comes at the bottom of the chart among 20 states with an output of just 320 tonnes during these three years. Neighbouring Himachal Pradesh, on the other hand, produced 4,350 tonnes of millets during this period.Rajasthantops the country with 48.64 lakh tonnes of millet production, followed by Karnataka (23.99 lakh tonnes) and Uttar Pradesh (22.31 lakh tonnes).

To promote millets, the department of Agriculture-notes-for-state-psc-exams”>Agriculture and farmers welfare is implementing a sub-mission on nutri-Cereals (millets) under the National Food Security Mission(NFSM) in 212 districts of 14 states since 2018-19, he added.

The central government in thebudgetfor 2023-24 has announced plans to make India a global hub for millet production. The Indian Institute of Millet Research (IIMR), Hyderabad, is to be supported as a centre of excellence for sharing best practices, research and technologies at the international level.

The farmers who were staging a dharna outside the mini secretariat in Hisar for the past nine months have called off their dharna after the government announced a compensation of Rs 561 crore for the damage to in 2021 for the state. Out of this amount, Rs 173 crore has been sanctioned for the Hisar farmers.

The All India Kisan Sabha leaders said the SDM Ashveer Nain reached the dharna site today to inform about the acceptance of their demand by the State Government.

Haryana Chief Minister Manohar Lal Khattar on Thursday said that the state is leading in the country as regard to the installation of solar water pumps to promote micro-Irrigation under the Pradhan Mantri Kisan Urja Suraksha Utthaan Mahabhiyan(PM-KUSUM).

The Chief Minister provided solar pumps to the farmers during a digital inauguration programme held through video conferencing here. Khattar also released a booklet of the Solar Water Pumping Programme and a utility booklet for the farmers. He said that the government is giving 75 percent subsidy on these solar pumps.

The Chief Minister directed that the tubewells of less than 50 hp which are running on electricity and are being used for Agriculture-notes-for-state-psc-exams”>Agriculture purposes should be shifted to in the state.

Haryana has set up a five-member commission for the Scheduled Castes, Cooperation Minister Banwari Lal informed the assembly. A notification has already been issued in this regard, he said.

While replying to a question on the second day of the assemblys Winter Session, Lal said the commission had been set up under the Haryana State Commission for Scheduled Castes Act, 2018.

The central government has set up 10 centres of excellence, including at the Post Graduate Institute of Medical Education and Research in Chandigarh, where the patients can get their treatment done.

The has availed its largest loan of Rs 15,602 crore from Punjab National Bank from April 1, 2014 to November 30, 2021, according to the data tabled in Parliament in reply to a question on Monday.

The loans were sanctioned by the PSBs to various companies and corporations owned by the Haryana Government.

As per the data, the Indian Bank has sanctioned a total loan of Rs 13,262 crore to the State Government from April 2014 to November 2021. Similarly, the Bank of Baroda has sanctioned a loan of Rs 7796 crore, Bank Of India sanctioned Rs 4300 crore, Canara Bank sanctioned a sum of Rs 5438 crore, Central Bank of India sanctioned Rs 2050 crore to Haryana Government.

During the same time period, Rs 9800 crore was sanctioned by the State Bank of India, Rs 5450 crore by UCO Bank, Rs 5528 crore sanctioned by Union Bank Of India, Rs 600 crore by Indian Overseas Bank and Rs 300 crore by Punjab and Sind Bank.

Notably, Haryanas debt liability is projected at Rs 2,29,976 crore as on March 2022 from Rs 1,99,823 crore as on March 2021, constituting 25.92 per cent of the GSDP. The State Government has come under sharp criticism from the opposition parties over burgeoning debt liability in Haryana.

The states total debt was Rs 70,931 crore in 2014-15, when the BJP assumed power in the state for the first time. Preparing for budget estimates 2022-23, the State Government had recently directed its Departments to keep the need to economize in mind while preparing the budget estimates.