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Puducherry CM presented Tax free budget for 2014-15 financial year

Sep 12, 2014 10:09 IST

Puducherry Chief Minister N.Rangasamy on 11 September 2014 presented a tax free budget for 2014-15 financial year. The total budget of 6100 crore rupees included the plan outlay of 2400 crore rupees and non-plan outlay of 3700 crore rupees.

Till August 2014, Puducherry government mopped up revenue of 399 crore rupees collected through Value Added Tax whereas it was 119 crore rupees under the Central Sales Tax.



Highlights of the Tax Free Budget of Puducherry:
An amount of 177.05 crore rupees was allocated to Department of Women and Child Development. This amount will be used for setting up Nirbhaya Centres in Puducherry, Karaikal, Mahe and Yanam Regions with financial assistance of the Union Ministry of Women and Child Development.

With an aim to upgrade the infrastructure facilities of Puducherry, Rangasamy announced a 1510 crore rupees project that includes development of roads at 609 crore rupees across the Union Territory, a 600 crore rupees drinking water scheme, an underground drainage scheme at 140 crore rupees and a storm water discharge and flood control scheme at 161 crore rupees.

Rangasamy also announced the setting up of a modern tool room with infrastructure facilities at 100 crore rupees with the help of the Ministry of Micro, Small and Medium Enterprises.

Moreover, a rural Economic zone was planned on a 25 acre land at Polagam in Karaikal. A total sum of 38 crore rupees was allocated for the construction of a bridge at Ariyapalayam.

The construction of two grade separators at Indira Gandhi Square and Rajiv Gandhi Square Junctions was proposed at an estimated cost of 70 crore rupees and 50 crore rupees respectively.

Other announcements
•    Around 3.02 lakh households will be covered under  Pradhan Mantri Jan Dhan Yojana scheme by the end of September 2014.
•    Direct recruitment/ Limited Departmental Competitive Examination for the post of Upper Division Clerk will be conducted soon.
•    The income ceiling limit for Economically Weaker Section families was increased from 24000 rupees to 75000 rupees per annum.
•    In order to safeguard the interests of public against the stray dog menace, it was proposed to implement Animal Birth Control (ABC) and administer Anti-Rabies Vaccines to over 32000 stray dogs at an estimated cost of 1 crore rupees.
•    50 percent subsidies were granted to 10 fishermen for acquiring steel mechanized boats to boost marine fish production.
•    Relief to 20400 fishermen will be provided during the lean season by increasing the relief amount from 200 rupees to 1000 rupees per family.

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Read more Current Affairs on: Puducherry budget , N.Rangasamy , 2014-15 , Tax Free Budget

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