Sci-tech

Assam Finance Minister to Present State's First E-Budget today

Assam Finance Minister to Present State's First E-Budget today

The entire budget will also be available in newspapers the following day. State budget has come up with a loan waiver. The legislators could access it through tablets while mediapersons covering the budget session were given the budget speech in a pen drive. The Budget presentation, billed as the state's first e-budget, was streamed online and details were updated on social media.

The Finance Ministry of Assam had sought suggestions from the masses regarding provisions of the annual budget. The government has allotted Rs 980 crore for improving the infrastructure of schools that still lack basic facilities such as separate classrooms and electricity, Sarma announced.

The finance minister Himanta Biswa Sarma also presented E-Budget during the budget session where each members of the house were provided with tablet. Out of this Rs 74,118.50 crore is on Revenue Account and the remaining Rs 16,554.92 crore is under Capital Account.

After adding the receipt of Rs 2,90,914.84 crore under Public Account and Rs 100 crore under Contigency Fund, the aggregate Receipts amount to Rs 3,81,688.26 crore and total aggregate expenditure is estimated 3,80,688.27 crore. "This, together with the opening deficit of Rs 3149.04 crore will lead to a budget deficit of Rs 2149.04 crore at the end of the year 2018-2019", said Sarma in the BJP-led Sarbananda Sonowal Government's third budget.

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Pension for senior citizens, ex-gratia to next of kin of who lost their lives during the Bodoland agitation, another bridge over Brahmaputra connecting Panbazar with North Guwahati with Rs 1890 Crore are some key highlights of Assam state budget 2018-19.

In a first for Assam, the budget will be presented in the electronic format by finance minister Himanta Biswa Sarma on Monday.

"In last two budgets, they had made lot of promises but what about the implementation", he said. "We have emphasised to develop the rural areas in the state", Himanta said.


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