He told newsmen on Monday that the state was supposed to receive Rs 28,805 crore as share in central taxes in the current financial year, but now it may get Rs 2,000 crore less from the pool as the collection of central taxes is feared to miss its target. The clear picture would, however, emerge only at the end of the financial year 2011-12. This may force the state government to revise its plan outlay.
The state got Rs 23,978 crore from the central taxes pool in 2010-11, whereas Rs 18,202 crore in 2009-10.
Modi, who also holds the finance portfolio, said the Centre had expected a growth of 20 per cent in central taxes collection in the current fiscal, while the Planning Commission projected a growth of 15 per cent for the 2012-13 financial year.
Modi, who held a pre-budget meeting with economists, doctors, intellectuals and others, said the state government, which has for the first time, solicited the views and suggestions of the common man in the budget-making process, received about 200 suggestions by post and e-mails from all over India and abroad.
He said the government would also present its gender budget, outcome budget and presentation on urban local bodies and panchayati raj institutions, giving details of the amount spent by these institutions.

Comment

comments...