Jharkhand Government Announces Rs 1.450 Lakh Crore Budget for FY 2025-26
| Aspect | Details |
|---|---|
| Budget Announcement | Jharkhand Government tabled a Rs 1.450 lakh crore Budget for FY 2025-26 in the State Assembly. |
| Key Scheme Allocation | Rs 13,363.35 crore allocated for Jharkhand Mukhyamantri Maiya Samman Yojana (JMMSY). |
| Economic Growth Projection | State's economy projected to grow at 7.5% in 2025-26. |
| Fiscal Deficit | Estimated at Rs 11,253 crore for FY 2025-26. |
| Social Sector Allocation | Rs 62,844 crore allocated for the social sector. |
| GSDP Figures | GSDP was approximately Rs 4.6 trillion in 2023-24; target to increase to Rs 10 trillion by 2029-30. |
| Healthcare Initiatives | Establishment of seven new medical colleges in Ranchi, Khunti, Giridih, Jamshedpur, Dhanbad, Deoghar, and Jamtara. |
| Education Initiatives | Plans to open new universities in Jamshedpur, Gumla, and Sahibganj. |
| Financial Disputes with Centre | State Government plans legal action to recover Rs 1.36 lakh crore in pending dues from the Central Government. |
| JMMSY Launch Date | Launched on 3rd August, 2024. |
| JMMSY Benefits | Rs 1,000 per month initially; increased to Rs 2,500 per month from December 2024. Total of Rs 12,000 annually. |
| Eligibility for JMMSY | Women from families living below the poverty line. |