Finance & Accounts

Finance and Accounts Department

Treasury to be set up at Kamalanagar

Kamalanagar, October 12, 2012: The long wait for a treasury at Kamalanagar, the headquarter of Chakma Autonomous District Council would soon be a thing of the past. The Finance Secretary to the Govt. of Mizoram, Pu Vanlalnghaka arrived Kamalanagar day before yesterday, to look into the temporary arrangement for setting up of the office and the provision for quarter to be provided by CADC.

The Finance Secretary was completely satisfied with the arrangement made by CADC. The demand for establishment of a Treasury at Kamalanagar has been a long one. Presently, all Government transactions of CADC have to be pursued through the Treasury at Lawngtlai, some 150 KM from Kamalanagar. A lot of the resources and time go into this process. Once the Treasury is set up, Government transaction within CADC area would switch to fast track course besides saving time and resources and the hassle of involving security personnel every time Government funds are drawn from Lawngtlai.

The Finance Secretary said, “It’s now just a matter of deciding the time to inaugurate the Treasury”. In addition to the Treasury, he also discussed regarding setting up of Branches of Mizoram Rural Bank at Longpuighat and Borapansury, work for which are under process, he said. Work for ground survey in this connection would soon be endorsed to CADC, he said.

The CEM, CADC Dangu Kali Kumar Tongchangya said setting up the Treasury would be a milestone achieved by the present Government at CADC besides many other landmarks dotting through the course of their current term.

CADC’s Interim Budget resumed and concluded

Kamalanagar, April 2: The Chakma Autonomous District Council’s Interim Budget Session 2012-13 resumed today with the Second sitting of the Summer Session of the 8th Chakma Autonomous District Council.

The Question Hour discussed 16 numbers of unstarred questions and 4 numbers of starred questions.

The Interim Budget Estimate with allocation for fund amounting to Rs.470.00 Lakhs under Plan sector and Rs.953.00 lakhs under Non-Plan sector for the period April to July placed on Friday last, for vote on account, was discussed and debated for long.

The leader of the opposition Sri Rashik Mohan Chakma termed the Budget as anti-people.

The Budget has reflected a fund provision amounting to Rs.11.00 Crores under Centrally Sponsored Scheme for construction of new Secretariat Complex and Session Hall. It also made fund allocation to the tune of Rs.0.50 Crore towards the welfare of the economically downtrodden families. The first time Driving School started last year to generate employment opportunities for the unemployed youth, having been found to be drawing hordes of enthusiastic applicants, the budget kept fund provision to meet its increasing demand.

The Budget finally got passed unanimously with the support from the opposition bench as well.

In the evening session of the sitting an official Amendment Bill was moved by the Hon’ble Chief Executive Member for introducing use of EVM Machine in all future elections to the District Council in order to modernise the polling system and ensure free and fair election. However, after discussion it was felt that the Bill needs further study and accordingly the mover of the Bill proposed to forward it to a Select Committee to be reintroduced in the next Session, which was approved by the Chairman.

CADC’s Interim Budget 2012-13 placed

Kamalanagar, March 28 : Chakma Autonomous District Council’s interim Budget for the coming fiscal year 2012-13 has been placed today in the August House of the Council.

Rs.470.00 Lakhs under Plan sector and Rs.953.00 lakhs under Non-Plan sector were earmarked for the first four months of the fiscal year i.e. from April-July’ 2012. The allocation made under Non-Plan sector is 33.33% of the presently allocated total amount for Chakma Autonomous District Council, under Normal Grant-in-aid by the State Government. However, the Hon’ble Chief Executive Member, CADC in his Budget speech remarked that the alloted amount of Rs.2858.00 Lakhs for the current years fiscal budget under Normal Grant-in-aid (Non-Plan) is not sufficient to meet the whole fiscal year’s requirement for Salary, if the revised Rules for Councillors Salary & Allowences is to be implemented.

While, the Budget also made a projection for collection of Local Revenues of Rs.98.70 Lakhs against the previous year’s collection of Rs.89.62 Lakhs.

The Hon’ble Chief Executive member in his budget speech informed the House about the Council being empowered to take up developmental schemes under Plan sector with the recently entrusted Deparments of Urban Development & Poverty Alleviation and Minor Irrigation.

The Budget Session was ajourned at 12:15 till Friday and the next sitting was announced to be on Monday.