Nagaland seeks special grant from Centre

Image
Press Trust of India Kohima
Last Updated : Jun 23 2014 | 5:09 PM IST
The Nagaland government has sought a special grant from the Centre to wipe off the huge amount of fiscal deficit to enable the state to move ahead towards development.
The present deficit of the NPF-led DAN government in the state has gone up to Rs 1234 crore and unless the Central government comes to its rescue, it will be difficult for the state to move ahead towards development and progress, Chief Minister T R Zeliang said during a programme here on Saturday.
Zeliang said during his visit to New Delhi earlier this month along with three cabinet ministers, the state government apprised the Prime Minister, Home Minister and Finance Minister about the financial constraints of the government and the huge fiscal deficit.
He said they informed the PM that the Nagaland government had incurred such a huge deficit because of the adverse recommendation of 13th Finance Commission (FC). He said the PM had understood their problem and assured to look into the matter when the Union Budget is presented.
He also went on to state that the main problem "we are facing is excess appointment of employees in all the government departments."
He recalled that the 13th FC had recommended a limit of 35 per cent expenditure on salaries to government employees out of the total revenue expected, however "our state has gone beyond 62 per cent."
The CM said the state government has also sought the Centre's aid for developmental projects such as medical and veterinary institutions, foothill road constructions and a new airport in Dimapur.
Zeliang expressed the hope that such projects could help change the face of the state.
*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: Jun 23 2014 | 5:09 PM IST

Next Story