SHILLONG, March 21 - Chief Minister Mukul Sangma today told the Assembly that Rs 7,893.17 crore was the total budgetary savings during 2014-15 and 2015-16.
Replying to a question by Leader of the Opposition Donkupar Roy, Sangma said, the cause of the huge anticipated savings is because of several factors and one of them being non-release of funds from the Central Sponsored Schemes (CSS).
During the year 2014-15 the overall budgetary savings for the State was Rs 5,055.08 crore and in 2015-16 the savings was Rs 2,838.09 crore.
Sangma said since the new NDA government was formed there was confusion regarding release of budgetary allocations from several CSSs.
To another question, Sangma informed that the total amount collected from non-tax revenue from April 1, 2016 till January, 2017 was Rs 422,71,33,794 crore.
On the other hand, Minister in-charge Taxation Zenith Sangma said that the Goods and Service Tax, soon to be implemented in the country, would be one of the �most important indirect tax reforms in the country�.
