Summary:
Gujarat government will spend just 2.46% higher in the next fiscal, compared to the amount it is estimated to spend at the end of the current fiscal. The figures improve marginally if budget estimates of 2017-18 is considered. Revenue outlay for development sectors rose marginally from Rs 82,241.29 crore as per the revised estimates for 2017-18 to Rs 82,443.37 crore for the fiscal. The estimate for expenses rise from Rs 1,03,498.49 crore to Rs 1,11,654.97 crore, indicating a rise of 7.89%. Experts say if average inflation of 5.0% is considered, the value of spend next fiscal will be lower than the revised estimates at the end of the current fiscal..