Lucknow, February 04: Uttar Pradesh government today tabled the state budget for 2010-11 that proposed no new taxes to fund a Rs 9022.11 crore deficit in its Rs 15,3199.38 crores spending plan.
The budget, which was presented in the Vidhan Sabha by Finance Minister Lalji Verma, proposes to mop up Rs Rs 14,41,77.27 crores through revenue receipts next fiscal, leaving a gap of Rs 9,022.11 crore.
The government which has proposed no new taxes, however, proposes to plug this deficit through Rs 7,002 crores in the public accounts. But if one takes into account Rs 3,433.79 crores balance of last year, it shows a surplus of Rs 1413.68 crores.
The budget proposes an expenditure of Rs 45,645.13 crores on new development works. The budget has a provision of Rs.
9099.75 crores for special component plan for the Scheduled Castes.
–PTI