Chhattisgarh's debt had been pegged at about Rs 68,000 crore. “We would increase state’s revenue,” Baghel said while elaborating on the state’s approach to deal with the situation without cutting the development expenditure.
State’s total receipts (excluding borrowings) for 2020-21 are estimated to be Rs 83831 crore, an increase of about 10.5 per cent as compared to the revised estimate of Rs 75,696 crore in 2019-20. The total expenditure for 2020-21 is estimated to be Rs 95,650 crore, a 1.5 per cent decrease over the revised estimate of Rs 97,068 crore in 2019-20.
Revenue surplus for the next financial year is targeted at Rs 2,431 crore while the fiscal deficit
is targeted at Rs 11,518 crore (3.18 percent of GSDP). Meanwhile, school education (16.2 percent), rural development (9.4 percent), public works (6.7 percent) and health (5.8 percent) saw an increase in allocations.
The state government also announced Rs 2,300 crore “Krishak Jeevan Jyoti Yojana” to provide free power to agri-pumps up to five Horse Power capacity. A provision of setting 1176 biogas plants under the Gobar Dhan Yojana was also announced in the budget. It would cost Rs 450 crore.