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Finance Department - Government of Gujarat Budget - Finance Department
 
 

Budget Part - A

Highlights - Excerpts from the Budget Speech – 2005-06

General
1. We are striving continuously to achieve the overall development and modernisation of the State through Panchamrut Yojana, that is "Gyanshakti" (Power of Knowledge), "Jalshakti" (Power of Water), "Urjashakti" (Power of Energy), "Janshakti" (Manpower) and "Rakshashakti" (Power of Security).

2. Even in the midst of a number of natural calamities, such as the cyclone, drought and the earthquake, Gujarat had recorded 10.5 percent growth rate in 2002-03 and taken a quantum jump by recording 15.4 percent growth rate in the year 2003-04.

Annual Development Plan
3. As a result, more financial resources are being made available for developmental schemes of the State. After a detailed discussion held with the Planning Commission to decide the size of Annual Plan 2005-06, the Annual Plan has been decided at Rs.11000 crore. An increase of Rs.2500 crore as compared to the current year 2004-05, this is a record increase of about 29 percent.

Agriculture
4. State Government has adopted a scientific approach in agriculture of "Soil to Satellite" and "Lab to Land" projects.

Forest
5. Care is being taken at all levels to prevent water, air and land pollution owing to industries. Government is committed to make Gujarat greener and reduce the level of pollution.

Water Resources Management
6. The works of preventing salinity ingress in the land of coastal districts of Saurashtra, Katchchh and South Gujarat, under the Sujalam Sufalam Yojana has been given approval and adequate financial provision for the same is proposed. With a view to solve the drinking water problems in Saurashtra, Kachchh and North Gujarat covering 8215 villages and 135 cities, the works under the Narmada Canal Based scheme are progressing as per the stipulated time schedule. In the same areas to solve the problem of drinking water quality in 4904 villages works are taken up under the Sujalam Sufalam Yojana.

Narmada Project
7. Formerly, the height of the dam was increased maximum 5 meters at a stretch in a year, but for the first time it was increased by 10.64 meters in a year and reached the remarkable height of 110.64 mts. Just within the short duration of a month, the concrete work of 1,64,699 cubic mts. has been carried out, which is also an achievement.

Energy
8. Gujarat remained leader in the improvement of energy sector. Gujarat Electricity Board has been successfully unbundled into four distribution companies; one generation company, one transmission company and one development company, i.e. in seven companies.

Jyotigram
9. Hon'ble Speaker, I am pleased to announce in this house that earlier in this very house, Hon'ble Chief Minister had announced to provide three-phase electricity supply for 24 hours to all the villages of Gujarat. Now this work is on the verge of successful completion.

Social Services
10. This Government has increased the allocation in Social Services to an incredible amount of around 37% in the Rs.11000 crores Annual Plan.

Education
11. Because of the persistent efforts by the State Government, the drop-out rate has decreased from 38% to 17.5%.

Industrial Development
12. Owing to the two historic events, i.e. Global Investment Summit-2003 and 2005, today, Gujarat has become an attractive State for investment in the entire world. In the year 2003, out of 76 projects with total investment of Rs.66,000 crores, 56 projects have been operationalised with capital investment of Rs.54,400 crores. In the Global Investment Summit-2005, eminent corporate houses, foreign companies and neo-entrepreneurs have expressed their willingness to set up projects with a total capital investment of Rs.1,06,160 crores under 226 MoUs.

Urban Development
13. Government desires to implement the Urban Development Year 2005 as "Urban Mission" and Government has decided to create a "Gujarat Urban Infrastructure Fund" to provide adequate financial resources.

Women & Child Development
14. With the view to remove the gender bias and prevent any type of violence against women, the Government has established Gender Resource Centre and a provision of Rs.3.78 crores has been made for the same.

Tribal Development
15. The current provision for the year 2004-05 under Tribal Area Sub-Plan is Rs.820 crores. With massive increase, I propose a provision of Rs.1387 crores for the next year 2005-06.


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