Vaithilingam presents interim budget

Puducherry Chief Minister V Vaithilingam Wednesday presented a tax free interim budget in the territorial assembly seeking allocation of Rs 2,241 crore for the first six months of the fiscal 2011-2012.

Updated: Feb 02, 2011, 15:32 PM IST

Puducherry: Puducherry Chief Minister V
Vaithilingam Wednesday presented a tax free interim budget in the
territorial assembly seeking allocation of Rs 2,241 crore for
the first six months of the fiscal 2011-2012.

Presenting the budget, Vaithilingam, who is also holding
finance portfolio, said as the term of present assembly would
be ending in May, the annual plan outlay for the fiscal
2011-2012 could not be finalised.

Vaithilingam said the revenue generation from sales tax had
increased from Rs 365 crore in 2006-2007 to Rs 645 crore in
2010-2011.

"We have shown a growth rate of eight per cent of revenue
generation from sales tax in 2008-2009, 19 per cent in
2009-2010 and 29 per cent in the 2010-2011", he said.

He said the excise collection, which was Rs 143.49
crore during 2006-2007, had increased to Rs 370 crore in
2010-2011.

Opposition AIADMK, CPI and MDMK alleged that the government
had failed in curbing prices of essential commodities and made
vociferous protest against the government.

Displaying placards the members rushed towards the
speaker R Radhakrishnan. When his plea to the agitators to
resume seats did not evince response the Speaker ordered the
watch and ward staff to evict them.

Later the House adjourned for tomorrow.

In his customary address, Lt Governor Dr Iqbal Singh said
the Centre had sanctioned Rs 66 crore for implementation of
police modernisation scheme in the Union Territory in the
current five year plan (2007-2012).

As many as 140 self help groups were formed during the
current year as part of the efforts of the government to
encourage women.

A motion of thanks moved by Parliamentary Secretary to
Chief Minister was adopted in the House.

PTI