Raipur: Chhattisgarh Chief Minister Bhupesh Baghel on Monday presented a bold budget with an estimated gross expenditure for 2021-22 at Rs 105,213 crores and fiscal deficit pegged at 4.56 per cent and claimed it will take the state to new heights.
Baghel, who also holds the finance portfolio, said the total receipts amounted to Rs 97,145 crores, total expenditure to Rs 97,106 crores, revenue expenditure to Rs 83,028 crores, capital expenditure to 13,839 crores and revenue deficit to Rs 3,702 crores.
Thus, the total fiscal deficit is Rs 17,461 crores or 4.56 per cent of the GSDP.
Read:|Chhattisgarh CM demands withdrawal of cess on petrol, diesel introduced in Union budget
He added that in the union budget 2021-22, the share in central taxes for the state has decreased by Rs 4,128 crores as compared to budget provisions of the current year.
Highlighting the expenditures, he said revenue expenditure is 85.50 per cent and capital expenditure 14.50 per cent.
The expenditure in the social sector is 38 per cent and in the economic sector 39 per cent. The social sector expenditure is pegged at 15.9 per cent, SC/ST development is 2.4 per cent, on health 5.9 per cent and women and child development 2.3 per cent.