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Ministry of Finance unveils budget estimates for Chandigarh in FY 2024-25

In a significant development, Ministry of Finance, Department of Expenditure, has presented the budget estimates for the Financial Year 2024-25 for Union Territory Chandigarh. The detailed budget document is available on the official website: India Budget Portal. The Budget for FY 2024-25 stands at Rs. 6513.62 Crores, marking a noteworthy increase of Rs. 426.52 Crores […]

In a significant development, Ministry of Finance, Department of Expenditure, has presented the budget estimates for the Financial Year 2024-25 for Union Territory Chandigarh. The detailed budget document is available on the official website: India Budget Portal.

The Budget for FY 2024-25 stands at Rs. 6513.62 Crores, marking a noteworthy increase of Rs. 426.52 Crores (7.01%) compared to the previous fiscal year’s estimates. This financial allocation comprises Revenue of Rs. 5858.62 Crores and Capital of Rs. 655.00 Crores.

Key sectors receiving substantial allocations include Energy (Rs. 1093.70 Cr.), Education (Rs. 1031.98 Cr.), Housing and Urban Development (Rs. 875.54 Cr.), Police (Rs. 823.21 Cr.), Health (Rs. 804.77 Cr.), and Transport (Rs. 455.80 Cr.). Additionally, various other sectors will benefit from an allocation of Rs. 1428.62 Crores.

This budget reflects the government’s commitment to fostering comprehensive development, addressing crucial sectors, and enhancing the overall well-being of the residents of Union Territory Chandigarh.

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