“For the first time in the history of the state, I am presenting a gender budget, a youth budget and a Sustainable Development Goals budget,” the CM, who holds the finance portfolio, said in his budget speech. .
“Combining all the proposed investments for women for 2022-23, the size of the gender budget comes to Rs 2,495 crore. This represents approximately 13% of the total budget size and is 20% higher than current year allocations,” Conrad said.
“This government has formed about 28,000 Self Help Groups (SHGs) and mobilized women from about 3.2 lakh households. This is a fivefold leap since 2018. We have disbursed around Rs 211 crore to these self-help groups and “village organizations” over the past four years. I allocate an amount of Rs 115 crore to this program for 2022-23,” the CM announced.
“Aggregating all the proposed youth investments in 2022-23, the size of the youth budget comes to Rs 1,363 crore. That’s about 7% of the total budget size,” Conrad said.
“I have launched a new comprehensive training program called ‘Skills Meghalaya’. Under this scheme, 1 lakh young people will be trained in various skills for wage and self-employment in the local economy over the next five years,” he said and announced the allocation of 10 crore from rupees for the program to cover 10,000 young people. “We have the infrastructure and governance systems in place that will sustain growth for decades. We are constructing 26 main roads at a cost of around Rs 2,500 crore. In addition, every effort is made to connect all rural dwellings. On average, during the current fiscal year, we constructed about 2 km of rural roads every day. We have increased the number of households with a piped water supply from 5,000 to over 2.1 lakh in just two years,” he said.
“We have created livelihood opportunities and started cash benefit programs where we transfer Rs 5,000 to all farming households,” Conrad said. He presented a tax-free budget with a fiscal deficit of Rs 1,849 crore.