Meghalaya CM Mukul Sangma presents Rs 1236 crore deficit budget

Meghalaya CM Mukul Sangma presents Rs 1236 crore deficit budget SHILLONG: Meghalaya Chief Minister Mukul Sangma today tabled a Rs 1236 crore deficitbudget for the financial year 2017-18, in which he increased the tax slabs for transportation to raise additional revenue. The Chief Minister also announced merger of the plan and non-plan expenditure to rationalise its budgetary allocations with a focus on development expenditure and synchronise the budgetary framework with that of the Union Government. “I am presenting the budget of 2017-18 with fiscal deficit of Rs 1236 crore which is around 3.8 per cent of the GSDP,” Sangma, who Read More


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