WB Govt places vote-on-account for four months

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.



PTI



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

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