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Nagaland Assembly Passes Over Rs 21,000 crore State Budget

Nagaland Assembly Passes Over Rs 21,000 crore State Budget

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Neiphiu Rio Neiphiu Rio

Kohima, February 16, 2020:

Nagaland Assembly has passed a budget of Rs. 21,068 crore for the financial year 2020-21 by voice vote.

Chief Minister Neiphiu Rio, who also holds the Finance portfolio had presented the Rs 2,358.81 crore deficit budget on February 13 in the Assembly, which was passed after two days of debate.

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It may be mentioned here that the Nagaland Assembly had rejected the cut motions moved by the opposition members of the Naga People's Front (NPF).

It has also passed the Nagaland Appropriation (No 2) Bill, 2020, thereby authorizing the Peoples’ Democratic Alliance (PDA) government to withdraw the budgetary amount from the consolidated fund of the state for the financial year, ending March 31, 2021.

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The House was adjourned by Speaker Sharingain Longkumer after the passage of the budget and announcement of the constitution of various financial and non-financial committees.

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Edited By: Admin
Published On: Feb 17, 2020