HIMACHAL Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday presented Budget 2023-24 that focuses on making Himachal a green energy state by March 31, 2026 and by promoting clean energy.
Health is another focus area of the Budget, the first of the Sukhu government. The government will set up Himachal Pradesh Medical Service Corporation. Besides, one health institute in each assembly constituency will be developed as ‘Adarsh Swasthaya Sansthan’.
The Budget estimates ₹53,413 crore for 2023-24. Revenue receipts are estimated to be at ₹37,999 crore and total revenue expenditure is projected at ₹42,704 crore. Revenue deficit is pegged at ₹4,704 crore and the fiscal deficit is estimated to be ₹9,900 crore.
The state faces a huge debt of ₹75,000 crore and other liabilities on account of payment of arrears of revised pay scales and DA amounting ₹11,000 crore. The supplementary demands for grants for 2022-23 amounting to ₹13,141 crore were passed by the House on March 15. The growth of state’s GDP remained sluggish in 2022-23 and dropped to 6.4 per cent compared to 7.6 per cent in 2021-22.
This story is from the March 18, 2023 edition of The New Indian Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 18, 2023 edition of The New Indian Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
POLARISING PICTURE SHOW
PHOTO: COURTESY OF CANNES FILM FESTIVAL NAMRATA JOSHI HAT'S cinema if it doesn't incite extreme reactions in viewers? Cannes 2024 has had a fair share of such films, one of which predictably has been from the perennially unpredictable Yorgos Lanthimos of The Lobster, and Poor Things fame.
SOLAR POWER
INSTEAD of burning fossil fuels to smelt steel and cook cement, researchers in Switzerland want to use heat from the sun.
Quota-winning wrestlers to compete at Paris Olympics
AS was expected, the Wrestling Federation of India (WFI) on Tuesday decided not to hold selection trials and instead allow the quota winning wrestlers to represent the country at the 2024 Paris Olympics.
KNIGHTS RIDE OVER SUNRISERS TO FINAL
Pacer Starc strikes thrice before Shreyas & Venkatesh guide Kolkata home SUNRISERS Hyderabad had reached the IPL playoffs largely because of Travis Head and Abhishek Sharma, their explosive openers.
Jos-less RR in spot of bother
IT'S a do-or-die clash for them and they want to be at full strength to negotiate any challenges.
Mkt rumour verification: Sebi issues new price framework
AMID instances of market rumours resulting in steep movement in share prices, market watchdog Sebi on Tuesday issued a price discovery framework to determine price level for transactions in cases where a listed firm verifies a market rumour within a stipulated time.
Vi clears ₹2,075 cr equity allotment to AB Group
TELECOM service provider Vodafone Idea (VIL) on Tuesday cleared allotment of equity shares to an Aditya Birla Group (ABG) firm that infused ₹2,075 crore fresh capital into the telco via a preferential issue.
MUTHOOT FINCORP REPORTS 22% RISE IN PAT; LOAN DISBURSEMENT UP
MUTHOOT FinCorp on Tuesday reported a 22.4% increase in profit after tax (PAT) to ₹562.81 crore for the financial year 2023-24 (FY24) as compared to 459.81 crore in FY23.
Money not most important factor, employees look for appreciation, says Murthy
STRESSING the importance of creating favourable conditions for employees, Infosys founder NR Narayana Murthy said, \"In my experience, money is not the most important factoremployees seek respect and appreciation for their abilities.
Israel does firefighting as ally backs arrest call
Signals growing isolation of Jerusalem as civilian casualties rise
