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Mizoram Finance Minister likely to seek 2nd vote-on-account

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Press Trust of India Aizawl
Mizoram Finance Minister Lalsawta is likely to seek vote-on-account for the second time during the current fiscal when the Assembly session begins on July 7, a senior finance department official said today.

State Finance Secretary F Vanlalruata told PTI that the role of the NITI Ayaog, which replaced the Planning Commission was not clear resulting in non-allocation of the state plan outlay for the current fiscal.

"In the absence of clarity on the allocation of funds for the state under plan, centrally sponsored schemes (CSS), non-lapsable central pool of resources (NLCPR) and the North Eastern Council (NEC), it was still impossible to prepare a regular budget for 2015-2016," Vanlalruata said.
 

He said the state Finance Minister is likely to seek a vote-on-account for the next two or three months as it might be possible to prepare a regular budget to be presented in October or November.

Mizoram had a regular budget only in November for the last fiscal due to the same problem.

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First Published: Jun 17 2015 | 12:28 PM IST

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