Diphu, March 20 (EMN): Karbi Anglong Autonomous Council (KAAC), Chief Executive Member (CEM), incharge Finance Tuliram Ronghang presented a deficit budget of the inherent subject of KAAC for the financial year of 2018-19 during a budget session held at KAAC Session hall, on Tue. March 20.
Presenting the deficit budget the CEM said that the proposed expenditure has been estimated at INR 28832.80 lacs against the total estimated received of INR 23688.30 lacs leading to a deficit of INR 5144.50 lacs for the year 2018-19.
Ronghang also said that the council’s own revenue are derived from own sources like forest products, entry tax, professional tax, trade callings and employment, land revenue, share of motor vehicle tax, sale proceeds from weekly markets, ghats, fisheries and cattle pounds. Other sources are sale of court fee stamps, sale of district council receipt and royalty from mines and minerals etc.
Ronghang in his budget speech further mentioned of poor receipt of revenue under the council sector for long. Council revenue is mainly receipt from forest products, but it has gone due to ban imposed by Supreme Court since 1995 on forest products. It is a known fact that forest products are the main source of council revenue, Ronghang said.
In order to meet the huge depleted revenue receipt the rates and fees imposed trading license fees, transfer fee on land transaction and other trades and calling etc. have been increased marginally. The CEM also proposed to enhance revenue from the collection of good amount of arrears of royalty and taxes from CCI, motor vehicle tax, land revenue and also operation from timbers under working plan norms.
The release of administrative charge and share of motor vehicle tax of INR 3636.00 lacs as arrears need to be released from the state government.
Ronghang also stated that the expected revenue of council’s own source for the financial year 2018-19 is INR 7938.30 lacs. Grant-in-aid (GIA) from the state government and the administrative charges etc. has been expected to receipt at INR 15750 lacs. Total amount of expected revenue to be receipt from both Council’s own sources and GIA and administrative charges from state government has been estimated to INR 23688.30 lacs.
The CEM further mentioned in his speech said that unlike previous years the expected revenue receipt for the 2018-19 is INR 1498.80 lacs under the head account of forest.
An amount of INR 300.00 lacs is being made provision for Town Committee elections and other bodies. Budget provision of INR 50 lacs has made for printing of english version of KAAC land periodic land patta and INR 20 lacs for providing liveries and coat to SGBs.
CEM has also mentioned in his speech the budget provision for setting-up of Primary Education office at Hamren, the district headquarter of West Karbi Anglong and scholarships and stipends has been enhanced to INR 50 lacs to INR 70 lacs and a Karbi traditional music school will be set-up in West Karbi Anglong and a budget provision will be made at INR 50 lacs.
The house met again in the evening for discussion of budget provisions. During the discussion MACs D. Uphing Maslai and Dorsing Ronghang and EM, KAAC Rupsing Teron participated in the discussion by providing views and suggestions.
The house will meet again on Wed. for passing of the budget of the inherent subject of Council.
