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What percentage of total expenditure has been allocated to agriculture as per Haryana state budget estimates for 2022-23?
  • a)
    14.20%
  • b)
    4.30%
  • c)
    5.00%
  • d)
    6.20%
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What percentage of total expenditure has been allocated to agriculture...
The correct answer is 4.3%.
Key Points
  • Haryana’s expenditure on six key sectors as a proportion of its total expenditure on all sectors.
    • Haryana
      has allocated 4.3%
      of its total expenditure towards agriculture and allied activities.  This is lower than the average allocation for agriculture by states (6.2%).
    • Haryana has allocated 14.2% of its total expenditure for education in 2022-23. 
    • Haryana has allocated 6.2% of its total expenditure on health, which is higher than the average allocation for health by states (6%).
    • Haryana has allocated 5.0% of its expenditure on rural development.
    • Haryana has allocated 4.6% of its total expenditure on police, which is higher than the average expenditure on police by states (4.3%).
    • Haryana has allocated 2.1% of its total expenditure on roads and bridges.
  • The Gross State Domestic Product (GSDP) of the state for 2022-23 (at current prices) is projected to be Rs 9,94,195 crore. 
  • In 2022-23, SGST is estimated to be the largest source of own tax revenue (45%).  SGST revenue in 2022-23 is estimated at Rs 32,825 crore, which is a 1% increase over the revised estimates of 2021-22. 
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What percentage of total expenditure has been allocated to agriculture as per Haryana state budget estimates for 2022-23?a)14.20%b)4.30%c)5.00%d)6.20%Correct answer is option 'B'. Can you explain this answer?
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