TIWN
Aizawl, June 13 (TIWN) Mizoram Chief Minister Zoramthanga on Thursday tabled the Rs 10,692.30 crore tax-free budget for 2019-20 in the state Assembly and emphasised on the implementation of the Socio-Economic Development Policy (SEDP).
Zoramthanga, who also holds the finance portfolio, also announced creation of three new districts -- Hnahthial, Khawzawl and Saitual- taking the total number of districts in the mountainous state to 11. Presenting the budget, the Chief Minister told the house in the vernacular Mizo language that Rs 750 crore has been allocated for execution of the state's flagship scheme -- Socio-Economic Development Policy (SEDP). "We would soon submit a detailed project report to the Union government to avail financial assistance from the Centre to expedite the SEDP," he added. "Rs 50 crore was allocated as a health care corpus fund for implementation of improved health care scheme as formulated by the erstwhile MNF government (2003-2008). Rs 30 crore was proposed in the budget for recruitment of teachers for the elementary education to overcome the shortages of teachers," he added.
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals