Budget: Punjab Govt allocates Rs 390 crore for sugarcane farmers, Rs 24 crore for new ethanol plant in Gurdaspur
State Finance Minister Harpaal Singh Cheema presented the Budget 2024-25 in the legislative assembly on Tuesday, quoting the total expenditure for the fiscal year 2024-25 at Rs 2,04,918 crore while outlining a comprehensive plan aimed at driving growth, development, and prosperity across various sectors of the state’s economy.
The state government aims at addressing the key challenges while capitalizing on emerging opportunities under the leadership of Chief Minister Bhagwant Singh Mann, he said.
In his budget speech, Finance Minister Cheema highlighted Punjab’s ‘robust’ economic performance, saying that the Gross State Domestic Product (GSDP) is projected to grow at 9 per cent to Rs 8,02,701 crore in the upcoming fiscal.
He said that said under the leadership of Chief Minister, initial budget of Rs 390 crore has been proposed for sugarcane farmers and Rs 24 crore, for the new Ethanol Plant in Gurdaspur.
Source Link: https://www.chinimandi.com/budget-punjab-allocates-rs-390-crore-for-sugarcane-farmers-earmarks-rs-24-crore-for-new-ethanol-plant-in-gurdaspur/
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