Punjab presents 1,55,860 crore budget

Punjab Finance Minister Harpal Cheema on Monday presented the Aam Aadmi Party governments first budget for the year 2022-23 with a total outlay of 1,55,860 crore.

The Finance Minister presented the States first paperless budget, a step expected to save 21 lakh per annum. The budget was presented in the State Assembly, which puts the current effective outstanding debt of Punjab at 2.63 Lakh crore. The budget proposals for the coming year focused on the Education, Health Agriculture-notes-for-state-psc-exams”>Agriculture and Police modernisation.

Mr. Cheema announced upgrading of 100 schools as schools of eminence, and setting up cyber-crime control units in all districts.

With the States earnings proposed at 95,378 crore against an expenditure of 1,55,860 crore, the State could see a of 12,553.80 crore.

Mr. Cheema said that the AAP government is fulfilling its first guarantee made to the people of Punjab by providing 300 units of domestic power free every month to all citizens of Punjab, with effect from July 1, 2022. The government, he said, will also set up 117 Mohalla clinics, for which 77 crore has been earmarked.

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