No new taxes in Rs 63,500 cr Jharkhand Budget

RSTV Bureau

File Photo: Raghubar Das, Chief Minister of Jharkhand.

The Jharkhand government on Friday presented an estimated budget of Rs 63,502.69 crore for the year 2016-17.

Out of the total budget outlay, Rs 26,437.34 crore was non-plan and Rs 37,065.35 crore was under plan head, Chief Minister Raghubar Das said while laying the annual financial statement in the Assembly.

“We have not proposed any new taxes,” Das, who also has the finance portfolio, said in his budget speech.

He said there was proposal to further simplify the tax process, stop tax evasion and increase internal revenue sources.

The estimated budget would come from: State’s share of central taxes – 29.10%, state’s own tax – 26.85%, state’s own non-taxes – 13.27%, grants-in-aid- 18.59%borrowings – 12.13%, recovery of loans and advances – 0.08%.

The Budget earmarked for Pension was 7.54 per cent, for Interest Payment it was 6.90 per cent, for Public Debt Repayment the figures stood at 3.26 per cent, Medical and Public Health (4.82 per cent) and Public Works and transport (8 per cent).

The total Plan Outlay for Agriculture Budget was 13.07 per cent.

Talking about the new initiatives in the budget, chief minister said it has been decided to place in the House Agriculture and Gender Budgets within the general Budget.

He said the 2016-17 budget for Agriculture, Animal Husbandry and Cooperative have been increased by more than Rs 1,200 crore compared to the last fiscal.

The Chief Minister said the Budget earmarked for Education, Art, Culture and Sports was 15.30 per cent, General Services, Legislature and Other Services (10.99 per cent), Rural Development (13.78 per cent), Agriculture Allied Activities (9.04 per cent), Mines and Industries (0.72 per cent), Social Security (9.76 per cent), Urban Development (3.53 per cent), Energy (6.32 per cent), Other Economic Services (2.42 per cent) and others (0.15 per cent).

Setting up of the Agriculture Single Window, subsidised diesel to farmers and water were some of the provisions under the Agriculture Budget and state agriculture minister Randhir Kumar Singh would give other details during the demands for grants, he said.

As part of women empowerment, such schemes in which 30 per cent or more have been earmarked for women, would be taken up as Gender Budget, the Chief Minister said adding, Rs 13,515.73 crore have been earmarked for such schemes with 43.72 per cent funds underlined for women development.

Touching all departments, Das said there was a proposal in 2016-17 to construct 71 new Smart Police Stations in 16 extremist-hit districts, CCTV surveillance in Ranchi and Dial 100 for police assistance.

Raghubar Das also announced a health insurance scheme for journalists. He informed that construction of building to house Ranchi Press Club has already begun and buildings for Deoghar and Dhanbad Press Clubs would be constructed in the next fiscal.

(With inputs from agencies).