Wednesday, June 17, 2015

Mizoram Finance Minister likely to seek second vote-on-account

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 on Wednesday.

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.