Friday, July 11, 2025
spot_img

JHADC okays deficit budget of Rs 12 crore

Date:

Share post:

spot_imgspot_img

JOWAI, March 16: The Jaintia Hills Autonomous District Council (JHADC) has approved a deficit budget of Rs 12.89 crore for the fiscal year 2021-22 on the second day of the Budget Session, on Wednesday.
The estimated revenue in the fiscal has been projected to be Rs 192.05 crore and the expenses are estimated at 204.94 crore.
In his speech, the Chief Executive Member (CEM) of the JHADC, who is also the in charge of Finance department, Thombor Shiwat, informed the House that during the last financial year (2020-21), the District Council collected Rs 76.93 crore from all sources and spent Rs 64.31 crore.
He informed that the state government has so far released Rs 45 crore as royalty from major minerals which leaves an outstanding of Rs 18.18 crore.
The government has also released Rs 2.73 crore as share on taxes of motor vehicle, the CEM revealed.
The Council also received Rs 13.65 crore as grant from the 15th Finance Commission.

spot_imgspot_img

Related articles

22 Maoists, including eight females, surrender in Chhattisgarh

Raipur, July 11: In a significant development in Chhattisgarh's Narayanpur district, 22 Maoists laid down their arms on...

BJP looting land, forest, water: Rahul Gandhi at ‘save Constitution’ rally in Odisha

Bhubaneswar, July 11: Congress leader Rahul Gandhi on Friday targeted the BJP, alleging that the ruling party has...

Centre plans Rs 1,345 crore subsidy scheme to boost production of Rare Earth magnets

New Delhi, July 11: The Indian government has drawn up a scheme to offer subsidies to the tune...

We missed no targets in Pak, not even a glass pane broken in India: NSA Doval on Op Sindoor

New Delhi, July 11: National Security Advisor (NSA) Ajit Doval on Friday addressed the convocation ceremony at IIT...