Main State Budget size now at Rs 74,339 cr: CM

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The Rs 3,280 crore third supplementary demand for grants was passed by voice vote in the Chhattisgarh Assembly on Wednesday.

Chief Minister Raman Singh in his address to the House after the discussion between the members of the Treasury and Opposition benches was held on the third supplementary budget proposals for financial year 2015-16 said that there was a provision of Rs 67,546 crore in the State’s main budget during financial year 2015-16.

Taking together the first, second and third supplementary budgets, the total budget size of the Chhattisgarh Government for the current year has now reached the level of Rs 74,339 crore, he said.

Singh said that on account of weak monsoons and consequent drought situation in Chhattisgarh, a provision of

Rs 80 crore had been made for providing 25 per cent short term loan exemption to the drought affected farmers.

Referring to rural infrastructure development, the Chief Minister said that earlier the Pradhan Mantri Gram Sadak Yojana (PMGSY) was entirely centrally sponsored.

After the change in the fund sharing pattern, the Central and State Government share had been made in 60:40 ratio. As a result, after the additional funds allocations made by the Centre and change in the sharing pattern, the Chhattisgarh Government has made a provision of Rs 80 crore in the third supplementary budget, Singh said.

He said that the State Government with a view to providing grants to the Chhattisgarh State Power Distribution Company ltd (CSPDCl), would be issuing ‘Non SlR bonds’ soon.For this a provision of Rs 870 crore had been made in the third supplementary budget.  

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