Current AffairsGoa

Goa CM presents state budget for 2021-22

Panaji: Goa Chief Minister Pramod Sawant on Wednesday presented state budget for the financial year 2021-2022.

Presenting the budget in the State Assembly, Dr Sawant, who also hold Finance Portfolio, said,’My government has adopted a prudent fiscal policy and kept the deficit and debt stock, related to the GSDP at a sustainable level. The fiscal deficit maintained for the current year is at 2.96 per cent of GSDP, which is within prescribed norms.’

He said due to the prevalence of the COVID 19 pandemic, Gross State Domestic Product (GSDP) estimates for the year 2021-22 was estimated at Rs 89,421.61 crore with a growth rate of 9.72 per cent as compared to the year 2020-21 and a per capita income of Rs 5.70 lakh, which was highest in the country.

‘The next expenditure for the year 2021-22 has been estimated at Rs 21,646.68 crore showing an increase 12.8 per cent over last year. Similarly the revenue receipts are estimated to increase at 16.39 per cent over last year due to greater central assistance in this fiscal year,’ he said.

He said 500-bedded South Goa District Hospital would be inaugurated by April 2021 and proposed to set up a medical college in South Goa district in line with NITI Ayog’s policy of one medical college per district.

‘I also propose to provide full-fledged cardiac facilities at the South Goa District Hospital,’ he said.

He said AYUSH Hospital in Pernem would be completed by December 2021 and he had requested the Centre to set up All India Institute of Medical Sciences (AIIMS) in the state.

He said Goa State Mining Corporation would be set up and in order to promote ease of doing business and to ensure a seamless process for grant of carrying leases for minor minerals his government would bring amendments to the Goa Minor Mineral Concession rules 1985.

The Chief Minister said Tourism Trade Support Scheme would be introduced wherein all registered B, C and D category hotels or accommodations would be provided with a interest subvention on working capital loans upto Rs 25 lakh.

He also proposed to reduce the burden on chartered flights by bearing a part of parking and landing fees at Dabolim International Airport.

He allocated Rs 3,038 crore to education sector this year.

The Chief Minister said for the successful conduct of the National Games in the state, a provision of Rs 150 had been kept and Rs five crore had been earmarked for the implementation of Goa Youth Policy.

 

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