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

New START Treaty: Putin suspends START nuclear deal with US, apprehensions about war increased

Warning to Western countries, Russian President Vladimir Putin announced the termination of the N

Corona in Uttarakhand: Double mutant virus confirmed in Dehradun, samples were sent to Delhi in March

The coronavirus is taking a fatal form in Uttarakhand. The double mutant virus has been confirmed

Airtel Digital TV Offer, 4 Platform Service Channels Free Till Lockdown

New Delhi

DTH Airtel Digital TV of Bharti Airtel has given another gift to its customers.

Jamia gets A grade from NAAC

New Delhi, March 4 (IANS) Jamia Millia Islamia has been a

Like the Super Kings and Royals position or die in the points table, the losing team will find it difficult to reach the play-offs.

The 37th match of the 13th season of IPL will be played between Chennai Super Kings (CSK) and Raj

Masterplan to surround China all-around in Quad meeting, Modi, Suga, and Morrison will meet Biden

Washington

Prime Minister Narendra Modi will meet President Joe Biden in the US on Friday

IPL 2025: BCCI's tension increases due to a problem regarding an IPL match; schedule may be changed

Only three days are left in IPL 2025. On March 22, the first match will be played between KKR and

Oil Prices in India: If Iran closes the 'Strait of Hormuz' then what is India's Plan B, Petroleum Minister revealed the strategy

Amid rising tensions in West Asia, the Indian government is keeping a close watch on the supply a

'I tried to work like MS Dhoni and Virat Kohli', Jos Buttler made a big revelation after the match-winning innings

On Tuesday, Jos Buttler overshadowed Sunil Narine's century and gave Rajasthan Royals a record wi

Russia-Ukraine Tension: PM Modi talks to many European leaders including EU Chief, expresses gratitude to Poland

PM Modi spoke to many European leaders regarding the Ukraine crisis. This information has been gi

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