ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Mahindra & Mahindra stock hits 52-week high as brokerages bullish on counter post Scorpio-N launch; check target prices
  • GST Council meet begins today: Know agendas of Finance Minister Nirmala Sitharaman's led two-day meeting
  • Security deposit on commercial LPG connection goes up by Rs 1050 for 19-kg cylinder; check new rates
  • Cash-starved Sri Lanka to end fuel duopoly to ease fuel shortages
  • Xiaomi 12S series set to launch with Leica cameras on July 4: Check key details here
Read in App
Business News » India News

Mizoram budget for 2019-20: CM Zoramthanga emphasises on implementation of Socio-Economic Development Policy

The CM told the house that the Gross State Domestic Product (GSDP) was projected to be Rs 25,869.14 crore at current price at a growth rate of 16.15 per cent. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Mizoram budget for 2019-20: CM Zoramthanga emphasises on implementation of Socio-Economic Development Policy
Zoramthanga said the state government`s targets would be privatisation, modernisation and improvement of production to boost the economy of the state. Image source: Facebook

Mizoram Chief Minister Zoramthanga today presented the Rs 10,692.30 crore tax-free budget for 2019-20 in the state Assembly, emphasising the implementation of Socio-Economic Development Policy (SEDP). The Chief Minister told the house, in the vernacular Mizo language, that Rs 750 crore has been allocated for execution of the state`s flagship scheme -- Socio-Economic Development Policy (SEDP), adding "We would soon submit a detailed project report to the Union government to avail financial assistance from the Centre to expedite the SEDP." 

Zoramthang said, "Rs 50 crore was allocated as a health care corpus fund for implementation of improved health care scheme as formulated by the erstwhile MNF government (2003-2008). Rs 30 crore was proposed in the budget for recruitment of teachers for the elementary education to overcome the shortages of teachers." 

The CM told the house that the Gross State Domestic Product (GSDP) was projected to be Rs 25,869.14 crore at current price at a growth rate of 16.15 per cent, while adding that the total liabilities (debt) of the state were estimated at Rs 8,447.92 crore which is 32.66 per cent of the projected GSDP.

Zoramthanga, who also holds the finance portfolio, announced the creation of three new districts -- Hnahthial, Khawzawl and Saitual- taking the total number of districts in the state to 11.

Later talking to the media in Aizawl, Zoramthanga said the state government`s targets would be privatisation, modernisation and improvement of production to boost the economy of the state.

Defeating the Congress in the November 28 state polls to the 40-member Assembly, the Mizo National Front (MNF) government, headed by Chief Minister Zoramthanga, returned to the power in the state for the third time in December 2018. 

(With IANS Inputs)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Mizoram
Written By: ZeeBiz WebTeam
Updated: Thu, Jun 13, 2019
09:19 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
MBSE HSSLC Result 2021 DECLARED! Mizoram board class 12 students can check scores on mbse.edu.in - Also see how to check result via SMS MBSE HSSLC Result 2021 DECLARED! Mizoram board class 12 students can check scores on mbse.edu.in - Also see how to check result via SMS
MBSE HSLC Class 10 Exams Results 2021 DECLARED: Mizoram students can check mbse.edu.in now MBSE HSLC Class 10 Exams Results 2021 DECLARED: Mizoram students can check mbse.edu.in now
Earthquake in India: Three quakes hit Mizoram in one hour, no damage reported Earthquake in India: Three quakes hit Mizoram in one hour, no damage reported
Eight medium intensity quakes hit Mizoram, Andaman and Nicobar islands Eight medium intensity quakes hit Mizoram, Andaman and Nicobar islands
Earthquake in Mizoram: State govt wants Centre to facilitate study on series of quakes Earthquake in Mizoram: State govt wants Centre to facilitate study on series of quakes

LATEST NEWS

Dalal Street Corner: Market ends lower ahead of US GDP data, monthly derivatives expiry; what should investors do on Thursday?

Ultimate Kho Kho: 1st sports venture of rapper! Badshah, Punit Balan join league as co-owners of Mumbai franchise

Poco F4 5G vs iQOO Neo 6 5G: Which one to buy? Check comparison - price and full specifications

UPSESSB TGT Recruitment 2022: Last day soon to apply for 3529 TGT posts - Check full detail here

Stock: How to measure the strength of the trend? ADX - Average Directional Index is important | Here is why

Stocks to buy today: Mahindra CIE, Wipro, Shakti Pumps and ICICI Bank among list of 20 stocks for profitable trade on June 29

Dell unveils its latest commercial laptops in India

Dizo Buds P with 40 hours of music playback launched at Rs 1,599 in India - Check offers, availability and more

Ashish Kacholia Stocks: This multi-bagger counter surges for 3rd day in row, up 13% - know what’s driving the rally

Samsung Galaxy F13 India sale begins today via Flipkart - Check price, offers, specifications and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV