EMN
Dimapur, March 20
Reacting to reports in a section of local media regarding difference of over Rs. 10.00 crores between the figures appearing in the Nagaland Appropriation Bill and the figures appearing in the budget papers presented to the House on March 17, the Finance Department clarified that the difference represents the ‘recoveries’ contemplated in the budget by way of departmental charges and agency charges.
Principal Secretary& Finance Commissioner Temjen Toy in a statement said, the apparent discrepancy is on account of the form of presentation of different budgetary documents as per the established procedure.
Toy said, the vote of the Legislature was obtained for the whole of the gross expenditure proposed against each demand for grants, and the annual financial statement showed the net expenditure against each Major Head after adjusting the recoveries of departmental charges under each demand for grant.
The Finance Commissioner said, “This is the reason why the Nagaland Appropriation Bill (No. 2), 2016 totals to a gross amount of Rs. 13,658.74 crores while the Annual Financial Statement shows the total net disbursement from the Consolidated Fund as Rs. 13,645.98 crores, a difference of RS. 12.76 crores.”
