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 & wear (police, jails), packaging & promotional material, publication, legal fees, library, cordial reception expenses, grant/assistance, discretionary grant of governor & 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.

Final Destination for Nagaland PSC Notes and Tests, Exclusive coverage of NPSC Prelims and Mains Syllabus, Dedicated Staff and guidence for NPSC NPSC Notes brings Prelims and Mains programs for NPSC Prelims and NPSC Mains Exam preparation. Various Programs initiated by NPSC Notes are as follows:-

For any doubt, Just leave us a Chat or Fill us a querry––