Mizoram to present regular budget even if plan size not known

Mizoram Finance Minister Lalsawta today said that he would present a regular budget for the next fiscal even if the annual plan size was known.

Mizoram to present regular budget even if plan size not known


AIZAWL: Mizoram Finance Minister Lalsawta today said that he would present a regular budget for the next fiscal even if the annual plan size was known.

Lalsawta told PTI that this year the state plan outlay had not been allocated after abolition of the Planning Commission forcing the state government to prepare budgets without knowing plan size.

He said that absence of clarity on fund sharing pattern of centrally sponsored schemes (css) between the centre and the states created problems in budget preparations.

Lalsawta was compelled to seek vote-on-account for two times covering seven months last fiscal due to the same problems.
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