Nagaland assembly passes vote-on-account

Nagaland assembly today passed the vote-on-account of Rs 3868.16 crore to defray expenses of the state government for the first four months of 2015-16.
The vote-on-account for 82 government departments to defray the expenses from April 1 to July 31, 2015 was passed by voice vote.
Speaker Chotisuh Sazo put the vote-on-account to vote saying that as it relates to the first quarter of 2015-16 the members will have ample opportunity to discuss it during the presentation of the full budget in the month of July.
Presenting the interim budget on Tuesday, Chief Minister T R Zeliang had said that full budget has not been preferred due to non-finalisation of the state's plan with the Centre as the state was going through a transitional period from Planning Commission to NITI Aayog and 13th to 14th finance commission.

On the financial situation, he said the state accumulated a deficit of Rs 1234.45 crore by March 31 2014, which is estimated to be Rs 1252.85 crore by end of this month.
As per current estimates the total receipts for the year 2015-16 has been placed at Rs 11754.29 crore and the total expenditure at Rs 11578.91 crore reflecting a positive balance of Rs 175.38 crore in the consolidated fund of the state, he had said.
The Speaker Sazo adjourned the house sine die after announcing constitution of various financial and non-financial committees and panel of chairmen for 2015-16.