Chhattisgarh's subsidy burden up by 41%, CM presents Rs 95,650 cr budget

Besides loan waivers, the state government had doled out a number of subsidy schemes last year. The bonus to farmers, reducing the electricity bill to half were a few

Chhattisgarh Chief Minister Bhupesh Baghel on Tuesday presented a Rs 95,650-crore budget, without any new tax proposals, for fiscal 2020-21 in the Legislative Assembly. Presenting the state budget, the chief minister pointed out that the state's subsidy burden had registered a whopping 41 per cent rise in the financial year 2019-20.

“According to the revised estimate of 2019-20, the subsidy burden of the state is Rs 10,836 crore, which is about 11 per cent of the total expenditure,” Chief Minister Bhupesh Baghel said envisaging revenue growth of over 10 per cent in the financial year 2020-21. The subsidy burden was