QUOTE Committed expenditure: Committed expenditure of a state typically includes expenditure on payment of salaries, pensions, and interest. A larger proportion of budget allocated for committed expenditure items limits the state’s flexibility to decide on other expenditure priorities such as capital outlay. In 2023-24, Goa is estimated to spend Rs 9,369 crore on committed expenditure which is 46% of its estimated revenue receipts. This comprises spending on salaries (25% of revenue receipts), pension (11%), and interest payments (10%)....
Policy Highlights - Digital Payment: Digital payment methods will be adopted by all government departments and corporations to eliminate cash handling. - Mukhyamantri Saral Pagar Yojana: This scheme will provide government employees instant wages anytime in the month proportional to the number of days worked. - Tax changes: The state will rationalise VAT on natural gas and base it on consumption. The state will introduce a ‘green cess’ on non-Goan vehicles entering Goa. The excise duty on high end liquor will be reduced, and the excise duty on Indian Made Foreign Liquor (IMFL) will be increased marginally. - Deen Dayal Upadhyay Grameen Kaushalya Yojana: Under this scheme candidates will receive training in various professions and courses. - New and renewable energy: A Green Goa Policy, 2023 will be formulated, under which incremental power will be procured from green sources without any additional financial burden. UNQUOTE https://prsindia.org/budgets/states/goa-budget-analysis-2023-24 -- FN * +91-9822122436 * 784 Saligao 403511 Bardez Goa -- You received this message because you are subscribed to the Google Groups "Goa-Research-Net" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web, visit https://groups.google.com/d/msgid/goa-research-net/CAMCR53LcD5XUKts4z-4W%2BwJ64KFo-pAQcyU1m0PrEahoTUGH8Q%40mail.gmail.com.
