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ICE Rajkot SPECIAL ISSUE - BUDGET-2019-20 | Useful for All competitie Exam


SPECIAL ISSUE - BUDGET-2019-20: Institute for Competitive Exam(ICE) established on 18-07-2010 is situated in Rajkot City of Saurashtra Region of Gujarat State. This Institute Provides Master Training to the Students of Gujarat of related Competitive Courses (Gujarat Govt. & Central Govt.) such as GPSC, UPSC, Bank PO/Clerk, Staff Selection, FCI, Railway, PSI, TET/TAT AND all kinds of Competitive exams.
A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a family, a group of people, a business, a government, a country, a multinational organization or just about anything else that makes and spends money. At companies and organizations, a budget is an internal tool used by management and is often not required for reporting by external parties.

A budget is a microeconomic concept that shows the trade-off made when one good is exchanged for another. In terms of the bottom line – or the end result of this trade-off – a surplus budget means profits are anticipated, a balanced budget means revenues are expected to equal expenses, and a deficit budget means expenses will exceed revenues.

Finance Minister Nitin Patel presented a full-size budget for the 7th Financial Year 2019-20. For the first time after the establishment of the state of Gujarat, a budget of more than Rs 2 lacs was introduced.

The Finance Minister's annual budget of Rs. 2,04,815 crore is given to the farmers during the regime. PM on support issue of 6000 Thank you to Modi. Emphasizing on issues related to agriculture, employment and water, the advertisements started. Presently 12 airports and 5 airstrip are operating in the state of Gujarat. Sardar Sarovar, Shetrunjay Dam, Sabarmati Riverfront to start an Air India flight Water Aerodrome will be built at a cost of 5 crores.

In the Narmada district, the Statue of Unity's Ariel View is worth Rs. 1 crore has been provided. Water aerodrome will also be built at a cost of Rs 5 crore to launch a sea-plane in the state.

Besides this, for the development of fisheries, Rs 210 crore for the development of Mangrol, Navbangar, Veraval, Madhwad, Porbandar and Sutrapada fisheries, Rs 150 crore for VAT subsidy for fishery boat diesel consumption and Rs 18 crore for Kerosene assistance.

Over 60,000 new employees will be hired in the next 3 years. 700 crore loan to be created for new 70 thousand Sakhi Mandals 15 lakh youth will be benefited from various employment schemes including Chief Minister Apprenticeship scheme. In the next 3 years, 50 lakh beneficiaries will get benefit under the Mundra scheme. A family of 3 kilowatt plant will get 40% subsidy, 3% to 10% for 20% subsidy. A provision of Rs.1000 crores has been made. 2 lakh families benefit from this. To clean the polluted water of the industries,

the water will be used for the PPP. Rs. 2,275 crores will be spent. For this, provision of 500 crores has been made this year. 1.25 lakh farmers will get electricity connection in two days, loans of youth will be given as 31,877 crores. Loan of Rs 31,877 crore will be given for employment of 15 lakh youth through different schemes of Gujarat government. Of the farmers who have applied for agricultural power connection, 1,25,000 farmers will be given electrical connection on 24th seed (July 4). Water Consumption Campaign for Water Conservation Campaign Water Grid Scheme 'Nal Se Jal' will be provided to all the areas by the year 2020 through which the drinking water will be supplied to the people, for which Rs. 20 thousand crores will be spent. For which the allocation of Rs 4,500 crore has been made. 7111 crore has been allocated for agriculture, farmer welfare and co-operation.
Many Candidates From Gujarat Are preparing For Various Competitive Exams. ICE Rajkot is Providing Many types of study material for these Exams. ICE is providing Day to Day All Current Affairs in One weekly PDF File.
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ICE Rajkot SPECIAL ISSUE - BUDGET-2019-20 | Useful for All competitie Exam

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