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Mizoram CM presents Rs 3,588 crore vote on account

Mizoram,National,Business/Economy,Politics

Author : Indo Asian News Service

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Aizawl, March 19 (IANS) Mizoram Chief Minister Zoramthanga tabled the Rs 3,588.85 crore vote on account for the first four months of 2019-20 in the Assembly, here on Tuesday.

Zoramthanga who also holds the finance portfolio said Mizoram was witnessing significant growth in terms of socio-economic progress with the state gross domestic product (SGDP) projected to be at Rs 22,238.92 at current price at an estimated rate of 12.5 per cent for 2018-19.

"In view of the election model code of conduct, the state government is unable to present the full-fledged budget," the Chief Minister said.

He said the projected growth rate was amazing compared with the national growth rate of 7.3 per cent.

The Chief Minister also presented a Rs 2,926.55 crore supplementary demand for grants for 2018-19.

--IANS

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