'Arunachal budget to lay thrust on employment gen & skill dev'

Image
Press Trust of India Itanagar
Last Updated : Jul 12 2015 | 7:48 PM IST
Arunachal Pradesh Chief Minister Nabam Tuki today said the state budget to be tabled in the Assembly on July 15 next, is going to be a path breaking one with main thrust on employment generation and skill development for the unemployed youths.
"The state government will give special emphasis on employment generation during the year which will be known as 'year of employment and skill development," Tuki said.
He said maximum departments, particularly the economic services, industry and tourism, would create self employment schemes for the youth during the year, besides subsidised schemes for the unemployed engineers for establishing local manufacturing units and industries.
The Chief Minister, who also holds the finance portfolio, would place the budget after the NITI Aayog agreed and asked the state to go for a tentative budget of around Rs 10,200 crore for the financial year.
"But the financial allocation will not be less than Rs 12,000 crore this year," Tuki said.
He said priority in the social sector, specially education and health, would be also another major thrust area in the budget alonwith infrastructure development projects.
The NITI Aayog last month lauded Arunachal Pradesh as one of the best performing states in the country on fiscal management with Aayog CEO Shindhushree Khullar appreciating various fiscal consolidation measures taken by the state government to maintain fiscal discipline in the state amid severe financial constraints.
Chief Minister Nabam Tuki had called on NITI Aayog vice-chairman Arvind Panagariya and CEO Khullar at Yojana Bhavan in New Delhi on June 12 last and discussed various issues pertaining the state budget and share of budgetary allocations from the Centre.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 12 2015 | 7:48 PM IST

Next Story