Tirucochi at 07:50, 22 March 2025

2025-03-22T07:50:49Z

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{{Use dmy dates|date=March 2019}}
{{Use Indian English|date=March 2019}}
{{Infobox Government Budget
| title = Budget of Uttar Pradesh government
| year = 2016
| country = India
| previous_budget = 2015 Budget of Uttar Pradesh government
| previous_year = 2015
| next_budget = 2017_Budget_of_Uttar_Pradesh_government
| next_year = 2017
| image =
| imagesize =
| caption =
| date_submitted = 12 February 2016<ref name="UP BUDGET">{{Cite web|url=https://www.ndtv.com/india-news/2017-elections-akhilesh-yadav-presents-populist-uttar-pradesh-budget-1276772|title=2017 Elections: Akhilesh Yadav Presents 'Populist' Uttar Pradesh Budget|website=NDTV.com}}</ref>
| submitter = [[Akhilesh Yadav]]
| submitted_to = [[Vidhan Sabha]], [[Lucknow]], [[Uttar Pradesh Legislative Assembly]]
| passed =
| Total_Revenue =
| Total_Expenditures = {{INRConvert|3.46|lc}}
| spending =
| tax_cut =
| debt_payment =
| deficit ={{INR}}49,960 crore
| debt =
| bill_link =
| gdp =
| url = [http://budget.up.nic.in]
| below =
|presented=|party=[[Samajwadi Party]]|minister=|treasurer=|chancellor=|surplus=}}{{Short description|Annual budget of the state of Uttar Pradesh, India}}
[[Akhilesh Yadav]], the Chief Minister of [[Uttar Pradesh]] announced the Uttar Pradesh Budget for 2016-17 on 12 February 2016. According to the Budget, the year 2016-17 has been announced to be the '''Year of the Youth and the Farmers'''. It was presented in [[Vidhan Sabha]], [[Lucknow]] before the Governor and joint session of the two Houses. The {{INRConvert|3.46|lc}} Budget 2016-17 was 14% more than 2015-2016.<ref>{{cite news|title=2017 Elections: Akhilesh Yadav Presents 'Populist' Uttar Pradesh Budget|url=http://www.ndtv.com/india-news/2017-elections-akhilesh-yadav-presents-populist-uttar-pradesh-budget-1276772|accessdate=30 March 2016|work=NDTV|date=12 February 2016}}</ref><ref>{{cite news|title=Akhilesh gets poll-ready with populist budget|url=http://www.pressreader.com/india/hindustan-times-lucknow/20160213/282419873305030/textview|accessdate=30 March 2016|work=Press Reader|issue=13 February 2016}}</ref>

==Key Points==
*Total Budget: {{INRConvert|3.46|lc}}
*Revenue Expenditure: {{INRConvert|2.53|lc}}
*Capital Expenditure: {{INR}}93, 580 crore
*Fiscal Deficit: {{INR}}49,960 crore, which is 4.04% of the state's [[Gross Domestic Product]]<ref>{{cite news|title=Akhilesh tables UP's annual Budget of Rs 3.46 lakh cr|url=http://www.business-standard.com/article/economy-policy/akhilesh-tables-up-s-annual-budget-of-rs-3-46-935-cr-116021200626_1.html|accessdate=30 March 2016|work=Business Standard|issue=12 February 2016}}</ref>

==Allocations==

===Farmers===

====Agriculture====
Agriculture has been one of the main focuses of the UP Budget 2016-17.
*Provision of {{INR}}1,336 crore for payment of cane price arrear to farmers.
*Provision of {{INR}}120 crore for constructing and strengthening of link roads to facilitate transportation.
*Money obtained in Farmer Accident Insurance Scheme to increase from {{INR}}1 lakhs to {{INR}}5 lakhs.<ref>{{cite journal|title=Salient Feature of the Budget 2016-17|page=3|url=http://information.up.nic.in/other_info_view.aspx?id=149|accessdate=30 March 2016|journal=|archive-date=22 March 2016|archive-url=https://web.archive.org/web/20160322032746/http://information.up.nic.in/other_info_view.aspx?id=149|url-status=dead}}</ref>

====Irrigation====
*Target to distribute crop loan of {{INR}}93,212 crore for purchase of fertilizers, seeds, etc.
*{{INR}}2,157 crore proposed for Sarayu Canal Project in Eastern UP to enable irrigation in 14 [[lakh]] hectares of area.
*{{INR}}1,52 crore for irrigation schemes of the new programs has been proposed.<ref>{{cite news|title=Akhilesh Yadav presents poll-driven budget, Opposition says 'disappointing'|url=http://www.dubaihotnews.com/akhilesh-yadav-presents-poll-driven-budget-opposition-says-disappointing|accessdate=30 March 2016|work=Dubai Hot News}}{{Dead link|date=July 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

===Social Security===
*A target of covering 55 lakh beneficiaries under Samajwadi Pension Yojna for the year 2016-17 has been set. {{INR}}3,327 [[crore]] has been proposed for the same.
*{{INR}}500 crore proposed for National Family Benefit Scheme.<ref>{{cite news|title=UP Budget 2016: Rs 9,660 cr for social security, weaker sections in UP budget|url=http://www.india.com/business/up-budget-2016-rs-9660-cr-for-social-security-weaker-sections-in-up-budget-943342/|accessdate=30 March 2016|work=India.com|date=12 February 2016}}</ref>
*Farmer Accident Insurance Scheme replaced with Samajwadi Insurance Scheme.<ref>{{cite news|title=UP BUDGET: RS.1,336 CRORE TO SUGARCANE FARMERS|url=http://sugarnews.in/up-budget-rs-1336-crore-to-sugarcane-farmers/|accessdate=30 March 2016|work=Sugar News|date=13 February 2016}}</ref>

==References==
{{reflist}}

==External links==
* [http://pradhanmantrivikasyojana.in/uttar-pradesh-budget-2017-2018/ Uttar Pradesh Budget 2017-2018 at Pradhan Mantri Vikas Yojana] {{Webarchive|url=https://web.archive.org/web/20170715092157/http://pradhanmantrivikasyojana.in/uttar-pradesh-budget-2017-2018/ |date=15 July 2017 }}

{{DEFAULTSORT:Uttar Pradesh Budget 2016-17}}
[[Category:2016 government budgets]]
[[Category:2016 in Indian economy]]
[[Category:Economy of Uttar Pradesh]]
[[Category:State budgets of India]]
[[Category:Government of Uttar Pradesh]]

2016 Budget of Uttar Pradesh - Revision history

Tirucochi at 07:50, 22 March 2025