Wednesday, March 21, 2012

Supplementary Demands for Grants involving gross expenditure of Rs. 43,873 lakhs


GANGTOK, 19 March: The Second Supplementary Demands for Grants for the current financial year 2011-12 was presented by Chief Minister Pawan Chamling, who is also the Minister-in-Charge of Finance, Revenue and Expenditure Department, on the first day of the two-day long sessions of the Sikkim Legislative Assembly today.
The supplementary demand for grants included in this batch covers 25 Grants/ Appropriations and involves a gross expenditure of Rs 43,873.83 lakh comprising of Rs 39,531.33 lakh on Revenue Account and Rs 4,342.50 lakh on Capital Account.
After taking into account related adjustments during the current financial year, the appropriation will involve a net out go of Rs 43,873.83 lakh.
Of this net outgo, Rs 26,514 lakh will be covered through funds from North Eastern Council, Centrally Sponsored Schemes, Special Plan Assistance [newly sanctioned], Unspent balances of Special Plan Assistance/Additional Central Assistance and Grand in aid from National Disaster Response Fund.
The highest additional requirement has been sought by the department of Land Revenue and Disaster Management of Rs 36,885.08 lakh.
Twenty One Supplementary Demands totalling Rs 7390.97 Lakhs under State Plan are necessitated due to sectoral adjustments.
Thirteen Supplementary Demands include the amount required for implementation of Central Sponsored Schemes involving total outlay of Rs 1,377.45 Lakhs, three demands includes expenditure under North Eastern Council involving total outlay of Rs 220.33 Lakhs and one demand under Non-Plan includes provision for transfer to State Disaster Response Fund amounting to Rs 21,180 Lakhs.

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