Sikkim government tables deficit budget
Pawan Kumar Chamling said that the budget was a step towards the upliftment of the Sikkimese society.india Updated: Feb 22, 2006 17:10 IST
The Sikkim government on Wednesday presented a Rs 63.63 crore deficit budget.
The budget contained no new proposal for taxes, for the year 2006-07.
With the total disbursement excluding recoveries amounting to Rs 4,179.08 crore against the projected receipts of Rs 4,115.45 crore, the year's deficit stands at Rs 63.63 crore.
However, no new taxes have been imposed to remove the deficit.
Presenting the budget in the state assembly, Chief Minister Pawan Kumar Chamling said that the budget was a step towards the upliftment of the Sikkimese society as a whole.
Chambling pointed out that the presentation of the annual budget was an occasion for the state government to reiterate its commitment and strengthen its old vows.
"The government would continue to ensure full safety of the people of the state and secure their rights," said Chambling.
Promising to narrow the rural-urban gap, the Chief Minister said his government would continue to provide urban facilities to the rural areas.
Quality education for all, total sanitation, creation of more opportunities for self-employment and observing the year 2006 as the capacity building year with the launch of a wide range of training programmes were some other commitments reiterated by the Chief Minister while tabling the budget.
First Published: Feb 22, 2006 17:10 IST