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Rs 189 crore deficit Budget presented for Tripura
TIWN
TIWN
PHOTO : Minister Bhanu Lal Saha arrives in assembly to table final budget. TIWN Pic Feb 11
Agartala, Feb 11 (TIWN): Keeping an eye on the State’s limited resources and economic challenges, Finance Minister Bhanulal Saha today presented a tax - free deficit budget of Rs 189.18 crore for the current fiscal 2015 -16.
“The total expenditure under budget estimates 2015 -16 is project at Rs 14948.92 crore with growth of 20.56 % over the revised estimates of 2014 -15.
This includes non – plan expenditure of Rs 6562.07 crore. An amount of Rs 8386.85 crore has been kept under the plan with an increase of 36.21 % over the revised estimates of 2014 – 15”, the finance minister said in his budget speech.
“The overall total receipts excluding adjustment of opening balance in budget estimate 2015 -16 will be Rs 14259.74 crore. The gross borrowing is projected at Rs 1733 crore in budget estimates which includes open market borrowing of Rs 910 crore and negotiatied loan of Rs 210 crore” the minister said..
Accroding to finance minister under non – plan gap grant the state is expected to get Rs 659 crore during 2015 -16 as against the amount of Rs 600 crore to be received during 2014 -15.The central transfers other than share of central taxes under non – plan and grants under plan heads have been anticipated at Rs 9004.74 crore in budget estimates 2015 -16.
The collection of state’s own tax revenue is projected at Rs 1320 crore in budget estimates with a growth rate of 6.37 % over the revised estimates of last year. The collection of state’s non tax revenue is projected at Rs 310 crore in budget estimate 2015 – 16 with growth rate of 39.08 % over the revised estimate last year. The receipts from central share of central taxes have been projected at Rs 18900 crore in budget estimates with an increase of 5 % over the revised estimates of last year, he added.
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