- Current Affairs
- Entertainment and Lifestyle
SHILLONG | JUNE 24, 2020:
The Khasi Hills Autonomous District Council (KHADC) Deputy Chief Executive Member (CEM), Gigur Myrthong today presented a deficit budget of Rs. 50,910 for the financial year 2020-21.
Presenting the budget on the first day of the Council's Summer Session, Myrthong said that the expenditure was estimated at Rs. 243, 72,89,930 crore while the estimated revenue is put at Rs. 243,72,39,020.
According to the Deputy CEM, there is a deficit in the budget estimate since the proposed expenditure is higher than the Council's revenue receipts.
He, however, said that the present Executive Committee will find out ways and means to improve the revenue collection of the Council.
Myrthong further informed that the Executive Committee had sanctioned an amount of Rs. 1 crore to each of the 30 members from the grant received in 2018-2019. According to him, the Council was able to complete the additional building, construction of the branch office at Mawkyrwat, and District Council Court at Nongstoin from the grant sanctioned during 2017-2018.
He, however, informed that the major expense of the Council is in disbursing salaries to the KHADC staff. The revenue of the KHADC is from the land revenue, forest, administration of justice, market, trade, stationery and printing, royalty on major and minor mineral, taxes on the motor vehicles, taxes on the profession, civil works and development, miscellaneous receipt, grant-in-aid for protection of tribal land and interest, and revenue from toll gates.