The Budget Session for the financial year 2011-2012 will begin at Nagaland Legislative Assembly on March 22.
Assembly Speaker Kiyanilie Peseyie told reporters on the sideline of a function that Nagaland Governor Nikhil Kumar has approved the date for commencement of the Budget Session and a notification would be sent soon. The details of business of the Budget Session will be prepared by the Business Advisory Committee of the Assembly only after the approval of state allocation by the Planning Commission. He said Chief Minister Neiphiu Rio, along with a team of legislators and bureaucrats, is camping in New Delhi to discuss the State Plan allocation for the fiscal. The Speaker further said the presentation of full Budget would depend on the state allocation of the Planning Commission. It had to approve the state budget allocation at least eleven days before the Budget Session for planning the business by the Business Advisory Committee, he said adding the government had to otherwise present the Vote On Accounts (VoA) for the first quarter of the fiscal year.
Meanwhile, State Planning Board Deputy Chairman Neiba Kronu told newspersons that the state government was contemplating to present full Budget in the Budget Session for the year 2011-2012, stating that interim Budget creates problems in the functioning of various departments of the state government. He further said this time state government would request the Finance Commission to enhance the budget allocation for Nagaland from `1500 crore to `1700 crore and seek other special grants under the Special Category State. Nagaland Chief Minister Neiphiu Rio, while addressing a press conference earlier at his Residential Office in Kohima, informed that the Nagaland Cabinet of Minister would meet the Prime Minister to resume the funding pattern for Nagaland as the Special Category State under Article 371 (A) of the Constitution of India, which was stopped by the Union Government in 1998. He said Nagaland was very rich in minerals, but due to various problems like insurgency, land ownership of the mineral deposit areas and other reasons, the state government is not in a position to exploit the resources for the state exchequer.