Finance & Accounts

Finance and Accounts Department

CADC Full Budget Passed; CADC (Employees Pension Fund) Rules, 2015 Referred to Select Committee

Kamalanagar, 16 November: The CADC Full Budget 2015-16 was discussed and passed today in the third sitting of the Winter Session. The Budget was introduced in the first sitting of the Session held last Thursday by the House leader Dangu Kali Kumar Tongchagya, CEM, CADC.

The budget was earmarked by the state government for an amount of Rs.3860.00 Lakh under Non-plan and Rs.1921.33 Lakh under Plan as Normal Grant-in-aid. The projected Local Receipts is Rs.83.55 Lakh. The estimated expenditure of the Budget is Rs.4640.77 Lakh under Non-plan, Rs.2218.94 Lakh under Plan and Rs.83.55 under Local Receipt Fund which sums up to Rs.6943.26. Under the given circumstances there is a net budget deficit of Rs.1078.38 Lakh; Rs.780.77 Lakh under Non-plan and Rs.297.61 Lakh under Plan. The Budget deficit is hoped to be met out of Additional Grant on the approval of Revised Estimate 2015-16 in the later part of the fiscal year. Continue reading →

CADC (Employees Pension Fund) Rules, 2015 Introduced In the Winter Session

Kamalanagar, 13 November: The Winter Session of the 9th Chakma Autonomous District Council of this fiscal year which started yesterday was in its second sitting today.

The sitting had two items in its list of business. The Question Hour had one unstarred question put by Dangu Amaresh Chakma, the lone member in the opposition bench. Continue reading →

Chakma Council Sits Over the Winter Session; Full Budget Placed

Kamalanagar, 12 November: The 9th Chakma Autonomous District Council sat over the Winter Session of this fiscal year today. The session will continue for three days.

Today, in its first sitting the regular full budget was placed by the House leader Dangu Kali Kumar Tongchangya, CEM, CADC. So far, this financial year the Council has been running on vote on Accounts Budgets. The first Vote on Account Budget was placed on 24th March, 2015 and the second Vote on Account was laid on 15th July, 2015. Continue reading →

Chakma Council Passed Budget on Vote on Account

Kamalanagar, 17 July, 2015: The Monsoon session of Chakma Autonomous District Council which started on 15th concluded today. The sitting discussed and voted the Vote on Account on estimate of expenditure for the period upto October, 2015.

The Vote on Account presented on the first sitting on 15th made an estimate for an expenditure of Rs.981.71 Lakh and Rs.1751.83 Lakh under plan and non-plan sector respectively. A lion share of the estimate of Rs.2658.87 Lakh is for payment of salary to staff. Only a meager Rs.74.67 Lakh is left for disposal to take up administrative and developmental activities.

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Mizoram Rural Bank Opens a Branch at Kamalanagar

Kamalanagar, December 15, 2014: The long wait for a Branch of Mizoram Rural Bank at Kamalanagar is finally over. Today, a branch has been opened inaugurated by Dangu Buddha Lila Chakma, CEM, CADC. It has been the effort of successive authorities of CADC to establish a branch of MRB at Kamalanagar.

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CADC’s Second ‘Vote On Account’ Passed

Kamalanagar, 24 July: The Second ‘Vote on Account’ of this financial year for expenditure of Chakma Autonomous District Council for four months from August to November which was presented by the Hon’ble CEM, Dangu Buddha Lila Chakma before the House in the first sitting of the Monsoon Session last Monday got passed today.

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CADC Budget Session Conludes

Kamalanagar, 28 March:The CADC Budget Session which had its first sitting on 24th March concluded today with its second sitting. The Budget mover Hon’ble CEM, CADC Dangu Buddha Lila Chakma besides the Demand for Grants (Budget Estimates), 2014-15, placed the Supplementary Demand for the year 2013-14 and sought a Vote on Account on the Budget Estimates, 2014-15 to meet the essential expenditure for the first quarter period of the fiscal year. The regular Budget, he said, shall be passed at a later date when the Planning Commission finalizes the State Annual Plan of Mizoram for 2014-15.

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CADC Budget 2013-14 Passed

Kamalanagar, May 10:The CADC Budget for the current financial year was voted and passed today in the 3rd sitting of the 3 day budget session. A Budgetary allocation of Rs.3195.00 lakh under Non-plan sector and Rs.1537.00 lakh under Plan sector as normal Grant-in-aid was made for the Council by the State Government on which the Budget was prepared.

The official bill moved by the Hon’ble CEM, CADC Dr. Buddha Dhan Chakma yesterday in the second sitting, which sought to expand the Executive Committee from 6 members to 8 members, was also voted and passed.

CADC Budget Session 2013-14, Second Sitting

Kamalanagar, May 9:The second sitting of the CADC Budget Session discussed the Budget today which was placed before the House on 6th. The budget with its maximum share going towards administrative cost, the discussion concluded early.

After the discussion got over, the Hon’ble CEM, CADC Dr. Buddha Dhan Chakma presented an official Bill. The bill sought to expand the Executive Committee to 8 (eight) members from the existing strength of 6 (six). The Hon’ble CEM, CADC stated, in justification for bringing in the Bill, that the need to expand the Executive Committee has become imperative with the increase of departments and increase in number of member to the District Council. There has been an increase in the number of departments under CADC with the entrustment of the Minor Irrigation department and Urban Development & Poverty Alleviation department. With the delimitation of the MDC constituencies the number of member of District Council has increased from 17 to 20.

The Session was adjourned till tomorrow when voting on the budget and on the official bill shall take place.

CADC Budget Session 2013-14 Starts

Kamalanagar, May 6:The first Budget Session of the 9th CADC started today. The 9th General Election to the Council which concluded recently caused a delayed budget.

The new Hon’ble Chief Executive Member, Dr. Buddha Dhan Chakma placed the budget before the house. The budget comprised of the Supplementary Demand for Grants, 2012-13 and the Demand for grants, 2013-14.

In the Supplementary Demand for grants, 2012-13 Rs.1399.01 lakh has been allocated under Plan sector and Rs.268.00 lakh under Non-Plan sector which is inclusive of Rs.1249.01 lakh under NLCPR and Rs.150.00 lakh under SCA. The Revenue collection for the year 2012-13 was 60.93 lakh against a target of Rs.98.70 lakh.

A Budgetary allocation of Rs.3195.00 lakh under Non-plan sector and Rs.1537.00 lakh under Plan sector as normal Grant-in-aid was made for the Council by the State Government for the current fiscal year 2013-14. Out of the allocated amount, Rs.351.16 lakh shall go for the purpose of developmental schemes while rest of the amount shall go to meet payment for salaries.

The Hon’ble CEM, CADC in his budget speech pledged to put his best effort to increase the budgetary allocation as and when the size of the State Annual Plan get finalized by the Planning Commission. He also made a projection for local revenue target of Rs.66.49 lakh and a collection of an amount of Rs.25.01 lakh as Employees contribution in the CADC Employees Pension Fund.

The Budget Session was adjourned till 9th May.