Haryana: CM presents Rs 1.77 lakh crore budget for FY 2022-23

Haryana Chief Minister Manohar Lal on Tuesday presented Rs1,77,255.99 crore budget estimates for the financial year 2022-23 in the Assembly. The budget estimates show an increase of 15.6 percent over Revised Estimates of 2021-22 of Rs1,53,384.40 crore. CM also holds the finance portfolio. In the budget, the projected revenue deficit is 9773.93 crore rupees and effective revenue deficit is Rs 5322.24 crore. The budget estimates project fiscal deficit of 29618 crore rupees and primary deficit of Rs 8623.84 crore. The budget outlay comprises 34.4 percent as capital expenditure of 61057.36 crore rupees and 65.6 percent as revenue expenditure of 1,16,198.63 crore rupees. In the budget estimates total revenue receipts are projected to be 1,06,424.70 crore rupees, which comprises tax revenues of 73,727.50 crore rupees, non-tax revenues of 12,205.36 crore rupees, share of Central taxes of 8,925.98 crore rupees and Grant in aid of 11,565.86 crore rupees. Besides this capital receipts are projected to be 5393.89 crore rupees. 
The 1,14,444.77 crore rupees out of total budget of 1,77,255.99 crore rupees have been mapped to the schemes pertaining to SDGs being implemented in the state. The 35052.21 crore rupees have been kept  for repayment of debt, 24942.58 crore rupees for economic services and 47255.37 crore rupees will be spent on social services like education, sports, Art and culture, Health and Family welfare, Social security, technical education etc while 2556.68 crore rupees have been kept for fiscal services. Women will get 15 per cent representation in Haryana Police.