Puducherry : Puducherry Chief Minister V Narayanasamy, holding finance portfolio, today presented a Rs 6,945 crore tax free budget, for 2017-18.

Puducherry : Puducherry Chief Minister V Narayanasamy,  holding finance portfolio, today presented a Rs 6,945 crore  tax free budget, for 2017-18. Rs 4,022 crore (57.9 percent), the assistance form the Central government is Rs 1,411 crore, the anticipated grants from CSS (Centrally Sponsored Scheme) including CRF (Central Road Fund) is estimated at Rs 361 crore (5.2 percent) and the balance Rs 1,151 crore (16.5 percent) would be met from borrowing from open market and other financial institutions. The Chief Minister said that out of the total outlay of Rs 6,945 crore, around 60 percent will be allocated towards committed expenditure comprising of Rs 1,650.40 crore for salaries, Rs.663.27 crore for pension, Rs.1112.88 crore for debt service and Rs.1012.19 crore for power purchase.
Social Media Auto Publish Powered By : XYZScripts.com