The Rs 114,450 crore budget of Gujarat government for the year 2013-14 was recently passed at the state assembly with majority voice vote.
The budget levies new taxes of Rs 289 crore, while it gives tax relief of Rs 245 crore in different sectors. The budget proposes to generate surplus of Rs 840.45 crore.
The state government presented the budget on February 12, 2013. The budget focuses on development of social sectors and improving the human development index (HDI) indicators, such as malnutrition.
The state Finance Minister Nitin Patel assured the house that every paisa of the state budget would be used for the development of the people of Gujarat.
The state government has a debt of Rs 1.33 lakh crore and in the year 2013-14 it is projected to rise further to 1.58 lakh crore.
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