Question 3419
Which of the following states/UT government has presented a Rs. 566 crore deficit budget for 2021-22 in the assembly, without proposing any new tax on the public?
Answer
Assam
Why?
The correct answer is Assam Key Points The Assam government has presented a Rs. 566 crore deficit budget for 2021-22 in the assembly, without proposing any new tax on the public. This is the first budget of the Himanta Biswa Sarma-led government. Additional Information During the last fiscal, the Tax Department’s collection declined to Rs. 14,645 crore from Rs. 14,967 crore in the previous financial year due to an “economic slowdown” on account of the COVID-19 pandemic. The aggregate income has been calculated to be Rs. 2,89,770.68 crore for 2021-22 , while the total expenditure for the fiscal is estimated at Rs. 2,89,367.10 crore. Thus, estimated transactions during the year will result in an estimated surplus of Rs. 403.58 crore. This open deficit of Rs. 969.78 crore will lead to a budget deficit of Rs. 566.20 crore at the end of the year 2021-22. Important Points About Assam: Capital: Dispur Chief minister: Himanta Biswa Sarma Governor: Prof. Jagdish Mukhi
