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.

Did you know?Explore Trending and Topic pages for more stories like this.
0 Like 0 Dislike
Previous news Next news
Other news

The feat of HDFC Bank: Rs 1300 crore was sent to the accounts of 100 customers, and the account holders were blown away after seeing the message

Such an act of HDFC Bank has come to the fore that whoever heard it was stunning. In fact, on Sun

Delhi-NCR Weather Forecast: There has been a drop in the temperature of Delhi-NCR, the Meteorological Department told how long the relief will be available

Delhi-NCR Weather Forecast: Due to the scorching heat and heatwave, many parts of North India inc

Hearing on the farmers' movement: Chief Justice said- change the way of protesting the farmer and the government should think about holding the agricultural laws

Thursday is the 22nd day of the farmers' agitation against new agricultural laws. The petition fo

Jawan Worldwide Box Office: It is impossible to stop the storm of 'Jawan' across the world, this is a big target after Rs 500 crores.

It has become very difficult to stop the momentum of Shah Rukh Khan, who returned to the film scr

School Holiday Tamil Nadu: Schools are closed in Tamil Nadu's Puducherry, Karaikal today, heavy rain continues

School Holiday Tamil Nadu: Heavy rain continues in Tamil Nadu. The state government has decided t

India said, WHO reached the conclusion in a hurry: The cough syrup made in India was called fatal; The government bid – the quality was right

The government has responded to the World Health Organization (WHO) matter of calling cough syrup

Novak Djokovic: Novak Djokovic reaches the final of Wimbledon for the ninth time, and will clash with Alcaraz in the title match

Serbia's legendary tennis player Novak Djokovic has made his place in the final of the Wimbledon

Nithari Case: The accused of Nithari Kand were acquitted, even today people shudder after hearing the horrifying stories of cruelty to children.

In the year 2006, when human skeletons started emerging from a drain in Nithari, Noida, Uttar Pra

UNSC Meeting: Two-day UNSC anti-terrorism meeting will be held in India, these important issues will be discussed

India is set to host a two-day counter-terrorism meeting of the United Nations Security Council (

Weather Update: Weather became pleasant due to heavy rain in Delhi-NCR, temperature dropped

Before the departure of the monsoon in Delhi-NCR, rain is making the weather pleasant. Heavy rain

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