UP budget: 500cr waiver farm loans

Uttar Pradesh Chief Minister Akhilesh Yadav presented state Budget for 2012-13.

Some key highlights of the UP Budget:-

  • Budget does not incorporate any new tax
  • Provision of Rs500 crore for waving farm loans
  • Unemployment allowance and laptops to school students
  • For the first time the state’s Budget crossed the figure of Rs 2 lakh crore
  • Projects a deficit of over Rs 21,570 crore
  • The size of the budget is Rs 2 lakh 110 crore

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