Wednesday, March 05, 2025 | 03:10 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Mizoram Assembly passes vote-on-account for first 4 months of

Image

Press Trust of India Aizawl

The Mizoram assembly on Wednesday passed a vote-on-account amounting to Rs 3,588.85 crore for the first four months of the fiscal 2019-20.

It was presented in the legislature by Chief Minister Zoramthanga on Tuesday.

The House also passed the supplementary demand for grants for the current fiscal amounting to Rs 2,926.55 crore, and regularisation of excess expenditure for the years 2012-13 to 2015-16, totaling Rs 813.76 crore.

Presenting the vote-on-account, Zoramthanga said, "I am deeply conscious of the inconvenience to present a regular budget, due to the enforcement of model code of conduct for the upcoming general elections."

Though the regular budget was not presented by Zoramthanga, who also holds the finance portfolio, the projected gross annual budget of Mizoram for 2019-20 was Rs 10,766.58 crore.

 

He said the state government expected a revenue surplus of Rs 1,434.29 crore in spite of the drastic increase of salaries and pension payments, due to implementation of the recommendations of the Seventh Central Pay Commission.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 20 2019 | 11:55 PM IST

Explore News