Who among the following presented the annual budget of Uttar Pradesh state for 2018-19 in the state's Legislative Assembly?

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answered Feb 28, 2022 by AvantikaJha (114k points)
selected Feb 28, 2022 by Kratikaathwar

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Correct Answer - Option 1 : Rajesh Agarwal

The correct answer is Rajesh Agarwal.

The Finance Minister of Uttar Pradesh, Mr. Rajesh Agarwal, presented the Budget for the financial year 2018-19 on February 16, 2018.
Key Highlights of the budget are:
- The Gross State Domestic Product of Uttar Pradesh for 2018-19 (at current prices) is estimated to be Rs 14,88,934 This is 8% higher than the revised estimates for 2017-18.
- Total expenditure for 2018-19 is estimated to be Rs 4,28,385 crore, a 16.3% increase over the revised estimates of 2017-18. In 2017-18, there was a decrease of Rs 16,259 crore (4.2%) in the expenditure over the budget estimates.
- Total receipts (excluding borrowings) for 2018-19 are estimated to be Rs 3,53,784 crore, an increase of 15.9% as compared to the revised estimates of 2017-18. In 2017-18, total receipts (excluding borrowings) fell short of the budgeted estimate by Rs 14,369 crore.
- Revenue surplus for the next financial year is targeted at Rs 27,099 crore or 1.82% of the Gross State Domestic Product (GSDP). The fiscal deficit is targeted at Rs 44,053 crore (2.96% of GSDP).