"To defray the obligatory and other necessary expenses, I seek Vote-on-Account on the demand for grants for an aggregate amount of Rs 33,68,743.21 lakh for the period from 1st of April, 2016 to 30th September, 2016," Gogoi said during his presentation speech in the assembly.
Gogoi, who is also the Finance Minister, presented the interim Budget as the five-year term of his government will expire on May 15 and Assembly polls are due in the coming few months.
"We hope and expect that our state will get the much needed support from the Central government in this regard," Gogoi said.
He, however, criticised the Centre saying there has been a fund crisis as a result of abrupt change in policy decisions initiated by the present NDA government in 2014, including abolition of the Planning Commission.
"Although Planning Commission has been replaced by NITI Aayog, which is stated to be a purely advisory body, it has failed to give clear cut guidelines to the states for preparing it's Annual Plan. As a result, special category states like Assam have been facing serious problem of plan fund crisis," he said.
The Chief Minister informed that the provisional collection of sales tax till December 2015 stood at Rs 6,190.74 crore as against Rs 5,783.87 crore in the same period last fiscal.
"VAT collection of the department during 2014-15 was Rs 6,859.24 crore as against Rs 6,288.54 crore during 2013-14 showing an increase of Rs 570.70 crore," he added.
In the current fiscal up to November, the excise collection stood at Rs 463.66 crore, in addition to Rs 275.45 crore collected as liquor VAT, a rise of 13.84 per cent over the same period last fiscal.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
