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Join Now Gujarat Budget Government APK 2021
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You can see 2021 Gujarat Budget App makes Government of Gujarat budget documents available to Member of Legislative Assembly (MLAs) and the general public alike, in one place. This initiative is aimed at providing Gujarat Budget information to various stakeholders including the general public at the click of a button.The Gross State Domestic Product (GSDP) of Gujarat for 2020-21 (at current prices) is estimated to be Rs 18,84,922 crore.
This is a 13% increase from the revised estimate of 2019-20. In 2019-20, GSDP is estimated to grow at a rate of 11% over the previous year (at current prices). Expenditure for 2020-21 is estimated to be Rs 2,14,133 crore, a 10.5% increase over the revised estimate of 2019-20. Revised expenditure for 2019-20 is Rs 9,012 crore (4.4%) lower than the budgeted estimate.
Total receipts (excluding borrowings) for 2020-21 are estimated to be Rs 1,62,712 crore, an increase of 8.4% as compared to the revised estimate of 2019-20. In 2019-20, total receipts (excluding borrowings) are estimated to fall short of the budgeted estimate by Rs 4,881 crore (3.1%). Fiscal deficit for the year 2020-21 is targeted at Rs 33,536 crore (1.78% of GSDP). In 2019-20, as per the revised figures, fiscal deficit is estimated to decrease by Rs 4,195 crore to 1.63% of GSDP, as compared to the budgeted 1.84% of GSDP. The budget estimates a Rs 789 crore revenue surplus (0.04% of GSDP) in 2020-21.
Sectors such as Industry (30%), Rural Development (22%), and Police (17%) saw the highest increase in allocations. Allocation to the Social Welfare and Nutrition sector (18%) saw the highest decrease.
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