chief minister manohar parrikar presents goa state budget for year 2014-15

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06/03/2014 …  The annual financial statement for the year 2014-15 of the state of goa was presented to the state legislative assembly by chief minister Manohar Parrikar on Wednesday, reflecting a negligible revenue deficit of Rs 9.38 crore while the fiscal and primary deficits are estimated at Rs 1610.71 and Rs 639.14 crore respectively for 2014-15

Reflecting on the financial health of the state, the chief minister’s annual financial statement total gross budgetary expenditure is estimated at Rs 10526.44 crore as against Rs 9446.19 crore of the previous annual financial statement of 2013-14 …

in his speech, the finance minister stated that the estimated expenditure on revenue account was Rs 8199.84 crore and expenditure account was Rs 1890.03 crore

The total receipts for 2014-15 is estimated to be Rs 9533.88 as against Rs 7923.10 crore in 2013-14 while the increase in revenue is to the extent of 20.32%. The tax revenue is expected to be Rs 5092.58 and non tax revenue is slated to be Rs 2380.51 crore

The annual financial statement also reflects that there will  be a negligible revenue deficit of Rs 9.38 crore while the fiscal and primary deficits are estimated at Rs 1610.71 and Rs 639.14 crore for 2014-15. The gross annual plan expenditure for 2014-15 is also estimated to be Rs 4389.25 crore.

 highlighting key features of the budget

The budget provides for :

Rs 40 crore for underground cabling

Rs 24 crore for  beach security

Rs 3 crorefor Ayurvedic College

Rs 200 crore to help mining-affected people

Rs 50 lakh for goa AIS cadre

Mining cap to be  25 million tonnes plus 20 million tonnes from the dumps

Rs 20 crore for midday meals

Investment council  to be set up

Exhibition centre at Merces  proposed

Revenue estimated at Rs 8090 crore; Expenditure at Rs 8099 crore  

Education development corporation to be set up

Rs 20 crore for mid-day meals

St Francis Xavier exposition secretariat to be set up  

Rs 24 crore for beach security

Motor cycle Pilot pension increased to Rs 2000 per month

Rs 4.5 crore for education of special children

Rs 150 crore for a super speciality hospital at GMC hospital

Rs 100 per kg support price for cashew

Rs 50 lakh national security development

A master plan of Bondla Wildlife Sanctuary