Guwahati  
 
logo
  Guwahati,
North East »» Moderate earthquake in Manipur •••State »» Review meeting on scheme implementation held •••Businessman held for aiding ULFA •••Fire and earthquake mock drill conducted•••National »» Modi slams SP, tells people not to vote for ‘conspirators’ •••‘Talks on Masood Azhar under progress’•••Rabri Devi backtracks on son as Bihar CM•••International »» Indian man killed in hate crime in US bar •••’Highly toxic nerve agent killed Kim Jong–nam’•••FBI rejects request to knock down Trump–Russia stories•••    
  Home » Front Page » Story
 
Departmental allocations set to rise 20%

BUDGET 2017-18

In State budget to be tabled earlier in February this year, additional Rs 10,000 crore fund will be needed

BY OUR STAFF REPORTER

GUWAHATI, Jan 10:  Despite straitened finances, the State government is planning to increase fund allocation for each department by 20 percent in the forthcoming 2017-18 budget. However, the Finance department will be strict with departmental performance and expenditure record before releasing funds this time.

Each department will have to submit details of expenditure in every scheme during the current fiscal before approaching for release of funds in the next fiscal, said sources. If necessary, a department may be asked to furnish details of expenditures in schemes during earlier fiscals too. “Without submission of expenditure details, funds will not be released to departments,” they said.

The Assam assembly’s budget session will begin from January 30 this year.

After the Central government decided to advance tabling of the Union budget by a month, the Assam government has followed suit and will table the State budget in February.

The Union budget will be presented on February 1 this year, in a departure from the Raj-era practice of being presented on the last working day of February. In Assam, the budget used to be presented in the second week of March.

“The idea is to expedite the implementation of budget proposals by getting an early start. As the new financial year starts in April, if the budget is tabled in March, the whole process gets delayed. It takes at least two months for the budget communication process. The government has therefore decided to advance tabling of the State budget so that its proposals can be implemented immediately in the new financial year,” sources added.

State Finance minister Himanta Biswa Sarma has already started the budget preparation exercise, meeting with officials of different administrative departments. 

Sources informed that the 2017-18-budget will be a development-oriented budget.  “The Finance minister will give top priority to development,” they said. 

However, it would be a challenging task for the Finance minister as additional funds to the tune of Rs 10,000 crore will be required in the forthcoming budget.

“This is because the State government will implement the recommendations of Seventh Pay Commission with effect from April 1 this year. The government will have to bear an additional expenditure of Rs 4,500 crore for implementing the pay panel recommendations,” sources pointed out.

This apart, the State government has adopted Mukhya Mantri Samagra Gram Yojana scheme for which fund to the tune of Rs 33,000 crore will be required over five years.

“For implementing this scheme, Rs 5,000 crore will be required in 2017-18 fiscal. Among other factors, likely rollout of Goods and Services Tax (GST) and effect of demonetization will be important. So the budget preparation exercise this time will be a challenging task for the Finance minister,” sources added.

.
       
Maximum
 
Minimum
 
oC
oC
oC
oC
oC
oC
oC
oC
oC
oC
oC
oC
 Arunachal News
Kiran Bedi advocates for women participation in all spheres
NSCN rebels nabbed
Ering calls for cordial relation with Assam
APCC questions government’s silence on Tuki seat episode
 Meghalaya News
Political leaders must step down on misuse of power, says CSWO
School dropout rate in State declining
South West Garo Hills gets its District & Sessions Court
BSF promotes Dawki as tourist destination
 Northeast News
Moderate earthquake in Manipur
 Cachar News
STeSNE workshop lays stress on multilingual scenario of NE states
 National News
Modi slams SP, tells people not to vote for ‘conspirators’
‘Talks on Masood Azhar under progress’
Rabri Devi backtracks on son as Bihar CM
Jaya’s niece floats new party, ‘MGR Amma Deepa Peravai’
 International News
Indian man killed in hate crime in US bar
’Highly toxic nerve agent killed Kim Jong–nam’
FBI rejects request to knock down Trump–Russia stories
‘India, Pakistan should maintain friendly ties’
 State-1
Review meeting on scheme implementation held
Businessman held for aiding ULFA
Fire and earthquake mock drill conducted
Marriage registrar panel formed
 State-2
BJSM opposes eviction of tribal people from Manas
Weaving sets distributed
Blood donation camp held
Kidnapped man rescued, four held
 Local Sports
Vishnu to face Balaji in Jorhat Futures Tennis final
Assam Women Club Football Championship from March 21
City thrash Navarang in GSA League
 Sports
O’Keefe, Smith put Aussie in dominant position
Smith reassured me, helping me stay calm: O’Keefe
Zulpikar refuses to fight Vijender on April 1
World bodies of golf to descend on Gurgaon at India Golf Expo
 Editorial
Taking on the Mighty
Fears of Immigrants
Lotus bloom in Maharashtra
Letters to the Editor
 Op-Ed (Sunday)
Media slugfest pitting rightists vs left-liberals
Trump time: Fake news, real leaks & a surreal show!
Pageant of Life
 
Assam
 
Assam is a northeastern state of India with its capital at Dispur located in the city of Guwahati.
 
more...
Nagaland
 
Nagaland is a northeastern state of India with its capital at Kohima. located in the Guwahati city.
 
more...
Mizoram
 
Mizoram is a northeastern state of India with its capital at Aizwal. located in the Guwahati city.
 
more...
Meghalaya
 
Meghalaya is a northeastern state of India with its capital at Shillong. located in the Guwahati.
 
more...
Manipur
 
Manipur is a northeastern state of India with its capital at Imphal.
 
more...
Tripura
 
Tripura is a northeastern state of India with its capital at Agartala.
 
more...
Arunachal Pradesh
 
Arunachal Pradesh is a northeastern state of India with its capital at Itanagar.
 
more...
Sikkim
 
Sikkim is a northeastern state of India with its capital at Gangtok.
 
more...
Home  |  Guwahati City  |  Editorial  |  International  |  National  |  Business  |  Arunachal  |  Meghalaya   |  Northeast  |  State  |  Cachar  |  Sports   |  Local Sports
 Archive  |  Melange  |  Saturday Fare  |  Junior Sentinel  |  Multilingual  |  About Us  |  Contact Us  |  Advertise with us  |  Dongmusa