Poging GOUD - Vrij

Guj budget promises creation of 500K jobs

Hindustan Times

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February 21, 2025

Gujarat finance minister Kanubhai Desai on Thursday presented the 2025-26 state budget with an outlay of ₹3.70 lakh crore in the assembly, focusing on infrastructure development without proposing any new taxes while offering a tax relief of ₹148 crore by reducing the stamp duty on mortgage deeds and the motor vehicle tax on Electric Vehicles (EVs).

Guj budget promises creation of 500K jobs

Desai said the total budget estimate (BE) outlay of ₹3,70,250.35 crore for 2025-26 showed an increase of ₹37,785 crore, or 11.36%, over the BE of FY25. Considering the revenue account with capital account and net public account, the estimates for the financial year 2025-26 show surplus of ₹1,007 crore, he added.

The budget also committed to creating 500,000 new jobs, targeting the youth.

MEER VERHALEN VAN Hindustan Times

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