Gujarat budget lays emphasis on social sector, new schemes1 min read . Updated: 02 Jul 2014, 12:24 AM IST
Size of 2014-15 state budget is `133,465 crore
Gandhinagar: Gujarat finance minister Saurabh Patel on Tuesday presented the state budget for 2014-15 with a size of ₹ 133,465 crore, with emphasis on social sector schemes like Mukhyamantri Amrutam Yojana to provide free healthcare for the poor, Mahatma Gandhi Swachchhata Mission, a cleanliness drive as well as an incentive scheme for small and micro units. ₹ 9,000 crore was set apart for work on the ambitious Narmada project.
The minister said state-owned companies Gujarat Gas Co. and Gujarat State Petroleum Corp. will be merged this year, making the merged entity India’s biggest gas distribution company.
In October 2012, GSPC had purchased BG Group Plc.’s 65% stake in Gujarat Gas for about ₹ 2,500 crore. The minister said GSPC has successfully extracted gas at the depth of 15,000 feet in the offshore KG basin and brought it to mainland. Commercial production would begin shortly, he said, without giving a time-frame.