WB Govt places vote-on-account for four months
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Last Updated: Monday, March 21, 2011, 21:43
Kolkata: The West Bengal government on Monday tabled a vote-on-account for four months beginning April1, 2011 in view of the upcoming assembly polls in the state.

The vote-on-account was placed by Finance Minister Asim Dasgupta.

While the main Opposition Trinamool Congress abstained from attending the house during presentation of the vote-on-account, Congress members staged a noisy walk-out saying it was violative of the model code of conduct.

Dasgupta said that as per constitutional norms, he was bound to make the annual financial statement (AFS) for the year 2011-12 without making new tax proposals. "This will not violate the code of the conduct,", he said.

He said that according to the AFS, total expenditure in the state would go up from Rs 68,134,04 crore last year to Rs 77,510,72 crore in the current year.

By the end of the current fiscal, there would be limited total deficit of Rs three crore.

He said the accumulated debt burden of the state would decline by Rs 6,000 crore this year from Rs 1.92 lakh crore to Rs 1.86 lakh crore.

Dasgupta said tax collection had grown by more than 33 per cent during year.

During the year, employment generation would touch eight lakh on the back of 8.3 per cent growth in state domestic product, he said.


First Published: Monday, March 21, 2011, 21:43

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