Farmers Movement Archive

Uttar Pradesh expects funds for bullet train, def corridor sops

LUCKNOW: All eyes In Uttar Pradesh are on the Union Budget to be presented on Monday, resting hopes on new projects and sops being announced for the state which will be going to the polls next year. Most expectations are on budgetary sanctions for the ambitious Varanasi-Delhi bullet train project, besides certain sops for the Defence Industrial Corridor and the manufacturing sector in NCR. There is conjecture that Centre may increase Kisan Samman Nidhi from Rs 6,000 every year to Rs 8,000 or above keeping in mind the ongoing agitation of farmers against the three new farm laws. The Union budget may focus on more agri-infrastructure and may offer concessions and subsidies on warehouses and cold-chain. The central government had announced Varanasi-Delhi bullet train project and the state is expecting some budgetary provisions for the financial year 2021-22 since Varanasi is the parliamentary constituency of Prime Minister Narendra Modi. Considering the Prime Minister’s growing emphasis on ‘Atmanirbhar Bharat’ (self-reliant India), UP is also expecting some announcements for the defence industrial corridor to lure more investment. Since the next assembly elections in Uttar Pradesh are scheduled to be held within a year, Prime Minister Modi has been himself making announcements for the state under various projects and welfare programmes, and hence the Yogi Adityanath government and the people of the state at large are expecting some good news from the Union budget.

The Times of India

2021-02-01

Lucknow