Punjab assembly unanimously passes vote-on-account
Punjab assembly today unanimously passed the vote-on-account of Rs 14,245.95 crore for the first three months (April-June) of the 2012-13 fiscal.chandigarh Updated: Mar 28, 2012 16:17 IST
Punjab assembly on Wednesday unanimously passed the vote-on-account of Rs 14,245.95 crore for the first three months (April-June) of the 2012-13 fiscal.
The motion regarding the vote-on-account was moved by finance minister Parminder Singh Dhindsa even as chief minister Parkash Singh Badal, Deputy chief minister Sukhbir Singh Badal and a number of MLAs, including former chief ministers Amarinder Singh and Rajinder Kaur Bhattal were not present in the House.
The House also adopted supplementary demands for grants for 2011-12, covering 24 grants and involving additional expenditure of Rs 3,849.12 crore that includes Rs 2,669.12 crore on revenue account and Rs 1,180 crore on capital account.
After taking into account the related receipts and recoveries, these demands involved a net additional outgo of Rs 2,173.74 crore from the Consolidated Fund of the state.
Dhindsa presented the vote-on-account so as to enable the state government meet day-to-day expenditure of various departments.
"I have decided to seek only a vote-on-account for the first three months of the fiscal 2012-13 as the SAD-BJP alliance government has assumed charge recently," he said, adding that the regular budget of the state government would be presented in June.
"We need some time to work out our budgetary strategies so as to fulfill the commitments made to the people of Punjab," Dhindsa added.
He said that the finalisation of annual plan 2012-13 in consultation with the Planning Commission is still not complete.
A provision is also being made in estimates of vote-on-account for payment of 30 per cent arrears of salary of Pay Commission to state government employees in June, Dhindsa said.
The government will provide high-end laptops to members of the House for viewing budget proposals and monitoring the development programmes, he said.
Noting that the government finances were presented in a distorted manner by opposition Congress, he said that the total outstanding debt of the state at the end of 2006-07 fiscal was Rs 48,344 crore which work out to GSDP ratio of 38.03 per cent.