Shimla: Himachal CM Jai Ram Thakur presents Annual Budget for the Year 2019-20 in Vidhan Sabha on 9-2-2019.
Himachal Pradesh Chief Minister Jai Ram Thakur focussed more on the rural population, which constitutes 80 per cent of the state, while presenting a Rs 44,388 crore ‘populist’ budget for the financial year 2019-20 in the state assembly Saturday.
No new tax has been proposed in the budget which saw an increase of Rs 2,948 crore (7 per cent) from Rs 41,440 crore in 2018-19.
The revenue receipts of 2019-20 are estimated at Rs 33,747 crore, whereas expenditure is likely to be Rs 36,089 crore — leading to a revenue deficit of Rs 2,342 crore.
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