Raje presents interim Budget for Rajasthan Wednesday, February 4 2004 15:58 Hrs (IST) Jaipur:
Rajasthan Chief Minister Vasundhara Raje today (Feb 04, 2004) presented a Rs 1,394 crore deficit Interim Budget for 2004-2005, seeking a vote-on-account for the first four months of the next fiscal in the State Assembly amidst a walk out by the Opposition Congress members.
The Interim Budget, that contained no announcements regarding taxes, estimated a gross deficit of Rs 1,394.48 crore, including a revenue deficit of Rs 3,103.02 crore.
Since the Centre had taken a vote-on-account, details of receipts to the desert State for the next financial year were yet to be correctly estimated.
The Interim Budgetary estimates had been prepared by the State Government by calculating Central receipts for the next financial year at its own level.
However, actual receipts are likely to be much more than the interim budgetary provisions, which would reduce the gross deficit, Raje said.
Although the vote-on-account was being sought for the first four months of the next fiscal, grants under three heads-- election, drinking water and natural calamities were being sought for the entire year as major expenditure is incurred on them during these months only, she said.
The revised budgetary estimates and proposals would be presented in the Assembly before July 31 2004, she told the House, which later passed the vote-on-account.
PTI
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