Assam CM presents Rs.265 crore deficit budget


Posted on 11th Mar 2015 10:46 am by mohit kumar

Guwahati, March 10 (IANS) Assam Chief Minister Tarun Gogoi on Tuesday presented a Rs.265.32 crore deficit budget for 2015-16. The main attraction of the budget were special schemes for women.

"Taking into account the expenditure of Rs.1,82,440.30 crore under public accounts and Rs.100 crore under contingency fund, the aggregate expenditure for the year has been estimated at Rs.2,48,682.47 crore," the chief minister said in his budget speech.

"Thus the estimated transactions during the year will result in an estimated surplus of Rs.1,609.78 crore. Thus, together with the opening deficit of Rs.1,875.10 crore, the financial year 2015-16 is expected to end with an estimated closing deficit of Rs.265.32 crore," he said.

Gogoi announced a separate development council for women and children, working women's hostels in all district headquarters, residential schools for girls from families living below poverty line (BPL) in every district headquarters, financial assistance to women self help groups, unmarried women and for marriage of girls from BPL families.

"We are taxing the rich and providing relief to the poor people and the common man. There is no proposal to tax the common man in the budget," Gogoi told the media after presenting the budget.

He said additional revenue was being mobilized by increasing taxes on motor vehicles, which were not increased since 2011.

An additional Rs.100 crore will be generated through this, he said.

"The main resources will be taxes on liquor and alcohol with an aim to discourage pub culture. We will generate Rs.600 crore more through this," he said.

The budget for 2015-16 also assured to fill up 65,000 posts in the government sector.

"My government believes in the strength and spirit of the youth. My government will make all efforts for employment generation for more than seven lakh young people in the near future," he said.

Vacancies in the state police force will also be filled up.

The chief minister assured that the government would undertake new schemes for the improvement of standard of living and of the social indicators of various ethnic groups.

He proposed six more development councils for Garo, Kumar, Madahi, Sut, Hajong and Chaodang communities.

The budget also has a proposal for setting up a state environment management authority and schemes to reduce the man-elephant conflict.

Gogoi said the government will initiate special incentive packages for small and medium industries and emphasis will be placed on food processing, medicinal plants, bamboo and rubber industries.

0 Like 0 Dislike
Previous news Next news
Other news

Unlock 5.0 Guidelines may allow railways to run short distance passenger trains

The Union Ministry of Home Affairs can release the guidelines of Unlock 5.0 at any time today. It

India should not be offended, British Queen Camilla will not wear the Kohinoor diamond crown at the coronation.

Before the coronation of Maharaja Charles III, Britain is worried that India might not get angry.

Change in the rate of gold and silver, see the latest price of 14 to 24-carat gold with GST

Gold Price Today 17th Feb: There is a big change in the rate of gold and silver in the bullion ma

Ajooni Biotech: Ajooni Biotech will sell a stake to raise Rs 29 crore, the subscription will close on 15

Ajooni Biotech, a leading animal healthcare, and animal feed company, plans to raise ₹29 crores

China Coronavirus: China facing double whammy, 'Dragon' to handle economy or save lives

Corona has created a ruckus in China. Amid the epidemic, China seems to be caught in a crisis. Ch

Good news amid Corona crisis, Covid vaccine passed in children's examination

A new ray of hope has arisen in the war against Corona. The Covid-19 vaccine developed by Pfizer-

Offices will open with 50 percent employee capacity; LG turns down a proposal to end the weekend curfew

The weekend curfew, which lasted for 55 consecutive hours in Delhi from 10 pm on Friday to 5 am o

Zombie Drug: People becoming zombies due to the effect of this drug! The increased danger in many cities in America, the government worried

Often you must have seen in Hollywood movies, in which people become zombies after coming in cont

BJP leader lodges complaint against Amitabh Bachchan, accused of hurting Hindu sentiments in KBC

A BJP MLA from Maharashtra on Tuesday filed a police complaint against Bollywood superstar Amitab

Parliament Security Breach: Special Cell confronted the accused, their custody is ending today

All the six accused who had breached the security of Parliament House were made face to face. The

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash