Uttar Pradesh Chief Minister Akhilesh Yadav today presented his maiden state Budget for 2012-13 with no new tax and a provision of Rs 500 crore for waving farm loans. It also provides for unemployment allowance and giving
laptops to school students. For the first time, the state's Budget size has crossed
the figure of Rs 2 lakh crore.

It has projected a deficit of Rs 21,570.26 crore in the Budget while estimating total receipts of Rs 1,94,327.28 crore this fiscal. The total Budget size is Rs 2,00,110.61 crore. The Budget puts revenue receipts at Rs 1,58,847.86 crore
and capital receipts of Rs 35,479.32 crore. Presenting the Budget, based on the promises made in SP's manifesto, Yadav said that a provision of Rs 1,100 crore has been made for unemployment allowance to be given to people in the age group of 30-40 years.