Economy / Nagaland

DIMAPUR, Feb 26 – In a step ahead to tighten the loose ends of revenue generation the Nagaland Finance department has notified that the sales tax on commodities as well as on works contract as applicable has to be compulsorily deducted as source in respect of all payments made by government to the contractors. In spite of standing orders of the State government for compulsory deduction of sales tax at source in respect of all government payments to contractors, the Nagaland finance department source revealed to The Assam Tribune that it has been noticed that several departments and their...

GUWAHATI, Jan 23 — The Delhi High Court Tuesday dismissed a petition seeking probe into the alleged siphoning of huge amounts of Nagaland State lottery to the militant organisations active in the State in early nineties, saying the matter is beyond its jurisdiction, reports PTI. A division bench comprising Chief Justice SB Sinha and justice SK Sikri admitting the contention of senior advocate Sudhir Chandra, appearing for Nagaland, that the matter was beyond the jurisdiction of the Delhi High Court, dismissed a PIL filed by an NGO for CBI probe into the matter. The Court did not agree with the...

KOHIMA, Jan 21 : The Nagaland government has claimed the implementation of its ambitious scheme for production of rice and maize in the state in 2001 was “successful” and additional areas have been brought under cultivation of the two major crops, reports PTI. The government had declared the year 2001 as “Year of Rice and Maize” by extending necessary assistance to farmers to attain self-sufficiency in foodgrain production in the state where the requirement is met through import. Official sources here said under the new initiative, additional area of 4,936 and 4,284 hectares were brought under...

KOHIMA, March 26: Nagaland has taken up the issue of oil extraction by ONGC from the Assam-Nagaland border with the Centre and ONGC, Chief Minister SC Jamir recently said, reports PTI. Replying to discussions on Budget for 2001-02, Jamir told the Assembly that it was true that oil from Kolapani area under the 'disputed' belt was being extracted by ONGC with permission only from Assam government. "Our position has been that revenue should not go only to Assam and a tripartite meeting involving both the State governments and the Government of India be convened early to sort out the problem," the...

KOHIMA, March 23: Nagaland Chief Minister SC Jamir today presented a Rs 203-crore deficit budget for the next fiscal with a commitment to carry on with the ongoing financial reform programme, reports PTI. Except for enhancing sales tax on petroleum products, the budget did not propose any fresh tax proposals. Jamir, who also holds the Finance portfolio, pegged the revised budget deficit for the current year at Rs 226.67 crore against the anticipated deficit of Rs 230.84 crore. The budget deficit for the next fiscal was projected at Rs 203.42 crore. The Chief Minister, however, expressed his...

YANGON, February 15: In keeping with the changing perception in their relationship, India and Myanmar have identified at least five points in the Northeastern states of Mizoram and Nagaland for opening of border trade with the neigh-bouring country. The issue of opening of more border trading points in the economically backward NE states and North Western Myanmar received the green signal at a meeting between visiting External Affairs Minister Jaswant Singh and Chairman of the State Peace and Development Council (SPDC) Senior General Than Shwe here this morning. Indian officials revealed that...

KOHIMA, February 2: Nagaland Cabinet reviewed the financial situation in the State and decided to take immediate drastic steps to cut down the expenditure in the face of mounting fiscal deficit, reports PTI. Finance Commissioner Lalthara said here yesterday that the state Cabinet in a meeting recently reviewed the fiscal position and expressed serious concern over the mounting fiscal deficit in the State. The Government decided to effect 50 per cent cut on all non-priority state plan expenditure excluding earmarked programmes and loan components, salaries and grants to public undertakings. As...

KOHIMA, July 20: Centre on Wednesday told Nagaland government in no uncertain terms that non-lapsable pool of Central resources will be made available to the state subject to the condition of maintenance of transparency in project implementation and utilisation certificate by the state government of funds released under the same head for the last two years, reports PTI. Reviewing the development activities taken up under the Centre's new initiative for the region with departmental heads, the Additional Secretary of the Union Home Ministry, PS Shenoy told the government officials the Centre had...

NEW DELHI, August 10: The Delhi High Court today asked the Centre to place on record the report of Comptroller and Auditor-General (CAG) on alleged misuse of proceeds of state lottery by Nagaland. A division bench comprising Justice Devinder Gupta and Justice SK Aggarwal directed Union government counsel Lalan Chaudhary to place the report before it by October 12, the next date of hearing. The court was hearing a public interest litigation by Movement for National Awareness (MNA), a nongovernmental organisation, seeking a CBI probe into the alleged diversion of state lottery proceeds by the...

KOHIMA, August 2: The Kohima Bench of the Gauhati High Court has directed Nagaland government to implement the agreement between it and an apex employees' association, giving effect to disbursal of salary to them as recommended by the Fifth Central Pay panel by September 30 next. Disposing a public interest litigation in the wake of the prolonged non-cooperation by government employees in June, the bench comprising Justice N C Jain and Justice W A Shishak directed the state government to make sincere efforts to implement the five-clause pact reached between it and Confederation of All Nagaland...