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Mizoram budget increases MLAs development fund to Rs 30 lakh

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Aizawl: The Mizoram government proposed increasing the MLA Local Area Development Scheme fund by Rs 5 lakh to Rs 30 lakh and an outlay of Rs 370 crore under its flagship new land use policy in the budget presented in the Assembly today.

State Finance Minister H Liansailova while presenting the Rs 5,245.34-crore the budget said that though the Planning Commission was yet to allocate the state annual plan outlay for 2013-14, he presented a regular budget without vote-on- account in the final year of the current ministry’s tenure.

The budget comprised of non-plan provision of Rs 2,945.11 crore, plan allocation of Rs 2,300 crore and centrally sponsored scheme (CCS) of Rs 22.86 lakh.

During his 80-minute budget speech, Liansailova said he kept the plan size the same as the current fiscal’s plan allocation at Rs 2,300 crore though it was expected that the Planning Commission would increase the plan allocation by at least ten per cent.

He said the revenue surplus was estimated at Rs 381.81 crore and the fiscal deficit at Rs 73.65 crore. (PTI)

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