Burden of central deprivation! How will be the Bengal budget?

By a staff reporter: The 2024 Lok Sabha polls are near. The Modi government's interim budget presented by Union Finance Minister Nirmala Sitharaman in Delhi last Thursday did not have any major announcements. Mamata Banerjee herself took a jibe at the budget and said that this is not the interim, but the 'final' budget of the Modi government. Bengal's Chief Minister Mamata Banerjee is raising the tone against the Center on the issue of continuous financial deprivation. In this context, the budget of the state government will be presented on February 8.

As per the accounts of the fiscal year ended on March 21, 2011, through the shift in the state rule, the Trinamool government had to start its journey with a debt burden of Rs. 1.90 lakh crore left behind by the Left government. but TMC govt kept on bringing bunch of social welfare schemes like Lakshmi Bhandar, Kanyashree to address the issues of common men. When state finance minister Chandrima Bhattacharya presented the budget last year, there was a debt of Rs 5.86 lakh crore. Debt in March 2022 is 5.28 lakh crore. Fiscal deficit 53,431.76 crore and revenue deficit 32,963.60 crore. The state government is claiming that the state's own revenue has more than quadrupled from 2010-11 to 88,596 crores from 22,129 crores in the budget estimates for 2023-24. It is in this context that the next budget of the state government will be produced.