Budget 2023: The full budget of the second term of the Modi government will be presented today, UP can get Rs 2.86 lakh crore

Budget 2023: The full budget of the second term of the Modi government will be presented today, UP can get Rs 2.86 lakh crore

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UP Budget Expectations: The Union Budget 2023 for the financial year 2023-24 of the Central Government will be presented on February 1 i.e. today. Before the budget, people of every section in Uttar Pradesh have conveyed their views to the government through the media. Uttar Pradesh has high hopes from this budget. In the big expectations of the state, apart from one AIIMS, one IIT and one IIM, everyone’s eyes are fixed on the announcement on Jewar Airport. UP is expected to get a lot in the budget to be presented today.

Uttar Pradesh is almost certain to get 2.86 lakh crore in the budget

In fact, the Finance Department estimates that in this financial year, the state is expected to get Rs 1.67 lakh crore from central taxes and about Rs 1.19 lakh crore from centrally assisted schemes and the 15th Finance Commission. The upcoming Lok Sabha election 2024 is near. In such a situation, Uttar Pradesh is also expected to get the additional benefit of being a big state. In this way, it is believed that the state will get about 2.86 lakh crores.

Hope to get new institutions in the field of education and health

Uttar Pradesh is expected to get new institutions in the field of education and health through the Union Budget. In Uttar Pradesh, the Yogi government has made a proposal for development schemes, making all the expectations from the central budget. In which the demand for AIIMS for Western UP, IIT for Bundelkhand and an IIM for Purvanchal is prominent.

jewar airport can get big gift

The last budget of the second term of the Modi government will be done on February 1. In such a situation, the government can announce many populist announcements in view of the upcoming Lok Sabha elections. Actually, Prime Minister Narendra Modi had laid the foundation stone of Noida International Airport in Jewar. Tata Group, one of the prestigious companies of the country, is making Noida International Airport. The first phase of the airport will be ready in September 2024. Everyone’s eyes are fixed on the announcement on Jewar Airport in the general budget.

Demand to increase the limit of income tax in the budget

In fact, in the conversation held with different people in Uttar Pradesh, one common thing that has come to the fore is regarding tax relief in the general budget. Along with business groups, tax experts and common people are demanding that if income tax exemption up to five lakhs is given, it will be a big relief. Along with this, if the limit of tax benefit on home loan payment is increased from Rs 2 lakh to Rs 5 lakh, then the pace of real estate sector will also increase significantly.

Uttar Pradesh has high hopes from the budget

Actually, it is believed that through this budget the Modi government will try to help Uttar Pradesh. For this, many proposals sent by the Yogi government to the Center can get the green signal. Apart from this, some new gifts are also expected to be received. Among the big expectations of Uttar Pradesh, one AIIMS, one IIT and one IIM, apart from the announcement on Jewar Airport in the general budget, everyone’s eyes are fixed. The way the center has been dealing with them, it is believed that these demands of UP can be fulfilled. Nirmala Sitharaman can announce this in the budget.

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