Supplementary budget passed
THE THIRD supplementary budget for the financial year 2005-06 worth more than Rs 1,467 crore was passed by voice vote in the State Assembly on Tuesday with Finance Minister Raghavji rejecting the opposition?s allegations that majority share of the budget seemed to be meant for salary and establishment costs of various departments.india Updated: Mar 08, 2006 12:16 IST
THE THIRD supplementary budget for the financial year 2005-06 worth more than Rs 1,467 crore was passed by voice vote in the State Assembly on Tuesday with Finance Minister Raghavji rejecting the opposition’s allegations that majority share of the budget seemed to be meant for salary and establishment costs of various departments.
Replying to the discussion on the supplementary budget, the Finance Minister said that more than 1,350 crore out of the 1,467 crore budget was meant for provisions on projects directly linked to development like electricity, roads, drinking water, health and employment for the landless.
The Finance Minister also rejected the opposition’s apprehension on whether such a huge amount could be spent within the remaining 20 odd days of financial year, saying that work related to most of the financial provisions are already underway and the rest amount would be easily absorbed.
He said that the maximum provision of Rs 400 crore has been made for electricity, with Rs 100 crore for early completion of the Birsinghpur Thermal Power Station and Rs 300 crore for the MPSEB.
Similarly a provision of Rs 100 crore has been made for the MPSRTC, which would facilitate VRS of about 2,500 employees by March/April.
Rs 61 crore has been kept for strengthening the MP Finance Commission, Rs 100 crore for land acquisition for Auto Testing Facility at Pithampur Industrial Area in Dhar, Rs 100 crore for Sarva Shiksha Abhiyan, Rs 110 crore for drinking water projects, Rs 61 crore for the local civic bodies, Rs 36 crore for child health projects, Rs two crore for ayurveda and homoeopathy dispensaries, Rs 35 crore for repair of roads and buildings, Rs 9 crore for employment guarantee scheme and others.