Haryana Budget PDF Download 2016-17 – Haryana Budget highlights

Haryana Budget PDF Download 2016-17 – Haryana Budget highlights

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Finance Minister Captain Abhimanyu tabled the Haryana Budget for 2016-17 in Haryana Assembly in Chandigarh on Monday. He promised to complete the controversial Sutlej-Yamuna Link Canal.

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Haryana Budget PDF Download 2016-17 – Haryana Budget highlights

  • Rs 13,494 crore allocated for Agriculture sector.
  • Rs 2621 Crore sanctioned for Irrigation Sector.
  • Rs 221 crore allocated for Animal Husbandry department.
  • Rs 50 crore allocated for National Horticulture Mission.
  • Rs 188 Crore for Food and Civil Supplies Department.
  • Allocation under Shagun Marriage Scheme enhanced to Rs 1,01,000 from earlier amount of Rs 50,000.
  • New Engineering college to be opened in Nilokhari in Karnal, five government colleges to be opened in state.
  • Total budget size pegged at Rs 88,781 crore.
  • Total revenue receipt pegged at Rs 62,955.53 crore. TRR as ratio to GDP is projected at 10.7 per cent in 2016-17.  Of this, tax revenue is Rs 46,388 crore and non-tax revenue Rs 16,567 crore.
  • Fiscal deficit to be within stipulated 3 per cent of GSDP as recommended by 14th Finance Commission
  • No new taxes.
  • Debt of power corporations taken over by government.
  • Budget size increased by 28.4 per cent from last year’s Rs 69,140 crore.
  • Amnesty in tax, penalty and other dues for dealers who suffered losses in the violence witnessed during protests for reservation by Jats.
  • Education, health, power, welfare of SC and public health engineering get major chunk of allocation.
  • Education, health, power, welfare of SC and public health engineering get major chunk of allocation.
  • International Airport for Hisar proposed.
  • To hike salaries of employees after recommendations of the seventh pay commission are tabled.
  • Per capita income in the state goes up.
  • Effort to provide round the clock power.
  • 600 buses to be added Haryana Roadways fleet.
  • Tax reduced on vehicles.
  • To set up a debt and cash management cell in finance department for effective monitoring and management of debt and cash flow.
  • Several new schemes to be implemented in the Golden Jubilee year of Haryana.
  • With no new taxes the debt on the state his risen to over Rs one lakh crore: Capt Abhimanyu
  • Revenue collection up from last year: Capt Abhimanyu
  • Rs 291 crore to be spent on 75 new canals for irrigation
  • Swachh Bharat to get bigger fund allocations
  • Rs 3,916.94 crore to be given to health sector.
  • 1,250 km roads to be widened

 visit Haryana Finance Ministry official Website to Download budget