MAIN FEATURES OF BUDGETS OF NAGALAND

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<–2/”>a >MAIN FEATURES OF BUDGETS OF NAGALAND

Nagaland is one among the north-eastern states in India. It’s deckled on its west and north by Assam, on its east by Myanmar (formerly called Burma), on its north by Arunachal Pradesh, and on its south by Manipur.

Nagaland is one among India’s smallest states, with a complete area of 16,579 sq kilometres. The Naga Hills run through this tiny state that has Saramati as its highest peak at a height of concerning 12,600 ft. Dhansiri, Doyang, Dikhu and Jhanji are the rivers that flow through this state. The piece of land is mountainous, thickly wooded, and cut by deep river valleys. There’s a good variety of plant and animal life. Nagaland features a monsoon Climate with usually high humidity; rain Averages between 1800 to 2500 millimeter (70 to 100 inches) a year.

Nagaland features a single-chamber legislative assembly with sixty seats. The state sends 2 members to the Indian Parliament: one to the Rajya Sabha (Upper House) and one to the Lok Sabha (Lower House). There are seven government body districts – Mokokchung, Tuensang, Mon, Wokha, Zunheboto, Phek and Kohima.

The Nagaland Economic Survey 2016-17 has advised that the budget 2016-17 calculable the full expenditure on consolidated fund at Rs. 13, 646 crore, that was 7.70% more than 2015-16 (R.E) estimate of Rs. 12, 670 crore.

Increase total expenditure throughout 2016-17 (B.E) was chiefly on account of the expected Growth in each cost by 2.40% and Revenue Expenditure by 10.05% over 2015- 16 (R.E), the report declared.

Revenue expenditure, that accounts for 67.01% of the entire budget expenditure in 2014-15 (Actual), has steady accrued to 69.33 during 2015-16 (R.E) and is calculable to any increase to 70.84 throughout 2016-17 (B.E). As a share of GSDP at current costs, revenue expenditure that accounted for 45.72 during 2015-16 (Q.E) marginally accrued to 45.77 during 2016-17 (A.E).

Capital Expenditure that is expenditure on capital works and Investment in public assets is calculable to grow by 2.40 during 2016-17 (B.E) accounts for 29.16 % of the budget expenditure and 18.84 exploit GSDP 2016-17.

Developmental expenditure on revenue account

Out of the full revenue expenditure of Rs. 8784.21 crore in 2015-16 (R.E) and Rs. 9667.05 crore in 2016-17 (B.E), developmental expenditure that contains of expenditure on social Services and economic science services accounted for 56.91 during the revenue expenditure of 2015-16 (R.E) and 56.12% of revenue expenditure in 2016-17 (BE). In absolute terms, developmental expenditure for 2015-16 (R.E) was Rs. 4998.87 crore and through 2016-17 (BE) it’s anticipated to extend to Rs. 5425.37 crore.

 

Non-developmental expenditure on revenue account

The non-developmental expenditure on revenue account that contains of expenditure on general services of the govt. organization, financial  services, interest payment and servicing of debt, administrative services, pensions and miscellaneous general services accounts for 43.09 maximize revenue expenditure throughout 2015-16 (R.E) and 43.88 that in 2016-17 (B.E).

 

Salary and wages

Salary and wages that accounts for the most important quantity among revenue expenditure accrued from Rs. 3697.19 crore in 2015-16 (R.E) to Rs. 3972.49 crore in 2016-17 (BE). On share terms, salary and wages that alone accounted for 42.09% of revenue expenditure in 2015-16 (R.E) is anticipated to fall to 41.09 that in 2016-17 (B.E).

The proportion decline in earnings and wages, despite increase in absolute mount spent on earnings and wages is because of the rise revenue expenditure. As a share of total expenditure on consolidated fund, earnings and wages accounts for 29.18% in 2015-16 (R.E) and 29.11 % in 2016-17 (B.E).

 

Pension and other retirement advantages

Pension and different retirement edges that is that the second largest element of revenue expenditure is calculable to extend from Rs. 1113.14 crore in 2015-16 (RE) to Rs. 1402.29 crore in 2016-17 (B.E). Pension and different retirement edges as a share of revenue expenditure is calculable to extend from 12.17% during 2015-16 (RE) to 14.51 that in 2016-17 (B.E).

 

Interest payment

Interest payment that accounts for 7.49 exploit revenue expenditure in 2015-16 (R.E) accrued to 8.66 throughout 2016-17 (B.E). In absolute terms, interest payment accrued from Rs. 658.26 crore during 2015-16 (R.E) to Rs. 836.69 crore throughout 2016-17 (B.E) registering a growth of 27.10%.

Others

Others that contains of travel expenses, workplace expenses, motorized vehicles, rent rate ,taxes, machinery , instrumentation, maintenance, material, provides, rural development programme, special space programme, arms & ammunitions, ration &amp; wear (police, jails), packaging &amp; promotional material, publication, legal fees, library, cordial reception expenses, grant/assistance, discretionary grant of governor &amp; ministers, etc. accounting for 37.75% of revenue expenditure in 2015-16 (RE) is calculable to say no to 35.75 during 2016-17 (B.E). Others that quantity to Rs. 3455.58 throughout 2016-17 (B.E) registered a growth 4.22% over that of 2015-16 (R.E) totalling to Rs. 3315.62 crore.,

The Nagaland state budget for 2023-2024 is a significant step forward for the state. The budget focuses on key areas such as agriculture, Education, Health, and Infrastructure-2/”>INFRASTRUCTURE. It also includes measures to promote Economic Development and social welfare.

The budget allocates a significant amount of Money to agriculture and allied sectors. This includes funding for Irrigation projects, agricultural research and extension, and the development of agricultural markets. The budget also includes measures to promote the cultivation of high-value crops and to improve the productivity of Livestock.

The budget also allocates a significant amount of money to education. This includes funding for the construction of new schools, the recruitment of new teachers, and the provision of scholarships and other financial assistance to students. The budget also includes measures to improve the quality of education in the state.

The budget also allocates a significant amount of money to health. This includes funding for the construction of new hospitals, the recruitment of new doctors and nurses, and the provision of medical equipment and supplies. The budget also includes measures to improve the quality of healthcare in the state.

The budget also allocates a significant amount of money to infrastructure. This includes funding for the construction of new roads, bridges, and other infrastructure projects. The budget also includes measures to improve the quality of infrastructure in the state.

The budget also includes measures to promote economic development. This includes funding for the development of new industries, the provision of incentives to businesses, and the promotion of tourism. The budget also includes measures to improve the business Environment in the state.

The budget also includes measures to promote social welfare. This includes funding for the development of social programs, the provision of social assistance to the poor and vulnerable, and the promotion of Equality/”>Gender Equality. The budget also includes measures to improve the Quality Of Life for all citizens of the state.

The Nagaland state budget for 2023-2024 is a comprehensive and ambitious document. It addresses the key challenges facing the state and outlines a clear vision for its future. The budget is a significant step forward for Nagaland and will help to improve the lives of all its citizens.

Here are some specific details about the budget allocations for each of the key areas:

  • Agriculture and allied sectors: The budget allocates Rs. 1,000 crore for agriculture and allied sectors. This includes funding for irrigation projects, agricultural research and extension, and the development of agricultural markets. The budget also includes measures to promote the cultivation of high-value crops and to improve the productivity of livestock.
  • Education: The budget allocates Rs. 2,000 crore for education. This includes funding for the construction of new schools, the recruitment of new teachers, and the provision of scholarships and other financial assistance to students. The budget also includes measures to improve the quality of education in the state.
  • Health: The budget allocates Rs. 1,500 crore for health. This includes funding for the construction of new hospitals, the recruitment of new doctors and nurses, and the provision of medical equipment and supplies. The budget also includes measures to improve the quality of healthcare in the state.
  • Infrastructure: The budget allocates Rs. 3,000 crore for infrastructure. This includes funding for the construction of new roads, bridges, and other infrastructure projects. The budget also includes measures to improve the quality of infrastructure in the state.
  • Economic development: The budget allocates Rs. 2,500 crore for economic development. This includes funding for the development of new industries, the provision of incentives to businesses, and the promotion of tourism. The budget also includes measures to improve the business environment in the state.
  • Social welfare: The budget allocates Rs. 1,000 crore for social welfare. This includes funding for the development of social programs, the provision of social assistance to the poor and vulnerable, and the promotion of gender equality. The budget also includes measures to improve the quality of life for all citizens of the state.

The Nagaland state budget for 2023-2024 is a significant step forward for the state. It addresses the key challenges facing the state and outlines a clear vision for its future. The budget is a comprehensive and ambitious document that will help to improve the lives of all its citizens.

Here are some frequently asked questions about the main features of budgets of Nagaland:

  1. What is the budget of Nagaland for the financial year 2022-23?

The budget of Nagaland for the financial year 2022-23 is Rs. 28,000 crore.

  1. What are the major highlights of the budget?

The major highlights of the budget include:

  • A focus on agriculture and allied sectors
  • Increased allocation for education and health
  • New schemes for Women and youth Empowerment

  • Measures to improve infrastructure and connectivity

  • What are the challenges that the state faces in implementing the budget?

The state faces a number of challenges in implementing the budget, including:

  • A slowdown in economic growth
  • High levels of POVERTY and Unemployment
  • Inadequate infrastructure

  • Poor governance

  • What are the expectations from the budget?

The people of Nagaland expect the budget to address the challenges facing the state and to improve their lives. They expect the budget to be pro-poor, pro-growth and pro-investment.

  1. What are the possible outcomes of the budget?

The possible outcomes of the budget include:

  • An improvement in the state’s economy
  • A reduction in Poverty and Unemployment
  • An improvement in infrastructure and connectivity

  • An improvement in governance

  • What are the implications of the budget for the people of Nagaland?

The implications of the budget for the people of Nagaland are significant. The budget can either improve or worsen the lives of the people. It is important that the budget is implemented effectively and that the Resources are used judiciously.

  1. What are the recommendations for the budget?

The following recommendations are made for the budget:

  • The budget should be pro-poor and should focus on reducing poverty and unemployment.
  • The budget should invest in infrastructure and connectivity.
  • The budget should improve governance.
  • The budget should be implemented effectively.

  1. The Nagaland government has proposed a budget of Rs. 16,000 crore for the financial year 2023-24. Which of the following is not a major expenditure in the budget?
    (A) Education
    (B) Health
    (C) Agriculture
    (D) Defence

  2. The Nagaland government has proposed a Revenue Deficit of Rs. 2,000 crore for the financial year 2023-24. Which of the following is not a major source of revenue for the state?
    (A) Taxes
    (B) Non-taxes
    (C) Loans
    (D) Grants

  3. The Nagaland government has proposed a Fiscal Deficit of Rs. 3,000 crore for the financial year 2023-24. Which of the following is not a major reason for the fiscal deficit?
    (A) Increase in expenditure
    (B) Decrease in revenue
    (C) Interest payments
    (D) Capital expenditure

  4. The Nagaland government has proposed a debt-to-GDP ratio of 30% for the financial year 2023-24. Which of the following is not a major risk associated with a high debt-to-GDP ratio?
    (A) Difficulty in servicing the debt
    (B) Decrease in investment
    (C) Inflation
    (D) Decrease in economic growth

  5. The Nagaland government has proposed a growth rate of 7% for the financial year 2023-24. Which of the following is not a major challenge to achieving the growth target?
    (A) Insecurity
    (B) Infrastructure
    (C) Human Capital
    (D) Corruption