Meghalaya: KHADC Dy CEM presents deficit budget of Rs 95,130
The Deputy Chief Executive Member (Dy CEM) of the Khasi Hills Autonomous District Council, Gigur Myrthong on Thursday presented a deficit budget of Rs 95,130 for the year 2021-2022.
Presenting the budget on the first day of the Council's budget session in Shillong, Meghalaya, Myrthong informed that the expenditure was projected at Rs 239,14,49,070 crore while the estimated revenue is put at Rs 239,13,53,940.
The Dy CEM said that there is a deficit in the budget estimate since the proposed expenditure is higher than the Council’s revenue receipts.
He, however, assured the House that the Executive Committee will try its best to find ways and means to improve the revenue generation of the Council.
Meanwhile, the bills which were tabled on the first day of the budget session include the Khasi Hills Autonomous District (Administration of Elaka) (Second Amendment) Bill, 2021; Khasi Hills Autonomous District (Nomination and Election of the Syiem, Deputy Syiem and Electors of Nongstoin Syiemship) (Third Amendment) Bill, 2012; Khasi Hills Autonomous District (Establishment, Management and Control of Markets) (Second Amendment) Regulation Bill, 2021 and the Khasi Hills Autonomous District (Regulation and Administration of Land) Bill, 2021.
KHADC CEM Titosstar Well Chyne also tabled the report of the Executive Committee on the Khasi Hills Autonomous District (Regulation and Administration of Land) Bill, 2020.
(Edited by Laxmi Chyrmang)