Global Economy

Jharkhand govt tables Rs 1.16 lakh cr budget for FY24 in assembly


The Jharkhand government on Friday tabled a Rs 1.16 lakh crore budget for the 2023-24 fiscal in the assembly. The budgetary estimates for FY24 were 15 per cent higher than the previous annual financial statement.

The Hemant Soren government had presented a budget of Rs 1.01 lakh crore for the financial year 2022-23.

“I lay on the table of the House a budget of Rs 1,16,418 crore for the financial year 2023-24,” Finance Minister Rameshwar Oraon said in the House.

Members of the opposition BJP and AJSU Party staged a walk-out of the assembly during the budget speech by the state finance minister.

He also announced that a programme with a cost of Rs 50 crore would be launched to encourage millet production in the state.

The budget will “meet aspirations of the poor, exploited, downtrodden people and bolster all-round development in the state”, he said.

The JMM-led coalition government has brought many innovative schemes that will pave the way for rapid economic growth in the state, the minister added.



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