Gujarat's Financial Blueprint to be Unveiled on Feb 20

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Gujarat's Financial Blueprint to be Unveiled on Feb 20

Synopsis

Gujarat's state budget for the fiscal year 2025-26 will be presented on February 20, coinciding with Gujarat Day. The Assembly Budget Session will open with the Governor's address, followed by discussions on various government issues and budgetary demands.

Key Takeaways

  • Gujarat budget presentation date: February 20
  • Governor's address to mark the session's start
  • Anticipated budget increase of 10%
  • 12 sessions planned for budget discussions
  • Ruling party meeting on February 18

Gandhinagar, Feb 12 (NationPress) The budget for the state of Gujarat for the fiscal year 2025-26 is set to be unveiled on February 20, which aligns with Gujarat Day. This announcement follows the release of the interim schedule for the Assembly Budget Session, which will kick off with the Governor's address on the opening day.

As preparations for the budget reach their concluding stages, the Finance Minister is scheduled to convene an important meeting with Chief Minister Bhupendra Patel on Sunday. They will focus on finalizing the budget, which is projected to be around 10 percent more than the previous year's budget. The session will commence with the Governor's address, followed by a message of condolence in the House.

Members of the Legislative Assembly (MLAs) will raise various government work topics, with four meetings specifically allocated for discussing government bills related to the budget.

The deliberation of the Governor’s address will occur across three meetings, while two meetings will be dedicated to discussion and voting on supplementary demands. Furthermore, four additional meetings will concentrate on budget discussions.

The budget session will encompass 12 sessions for discussion and voting on diverse budgetary demands.

A meeting of the ruling party is scheduled for February 18, in preparation for the budget presentation.

Participants in the session are expected to include Chief Minister Bhupendra Patel, State BJP President CR Patil, along with other ministers and MLAs, all of whom are anticipated to engage actively.

This forthcoming budget session is expected to introduce significant financial policies and economic strategies aimed at the state’s advancement, representing another vital milestone in Gujarat’s development.

The Gujarat Legislative Assembly has been dominated by the Bharatiya Janata Party (BJP) since 1995, consistently holding an absolute majority. In recent years, budget sessions generally commence in February. For context, the 2024-25 session began on February 1, 2024, with the budget revealed the following day, while the same for 2023-24 was presented on February 2, 2023.