Mizoram Assembly Passes Vote-on-account for First 4 Months of FY20

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.

Aizawl, Mar 20 (PTI) 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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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