Current Affairs

Goa Budget 2011 likely to be presented on March 17

The Goa budget for the year 2011-12 is most likely to be presented in the legislative assembly on March 17.
The date is not finalized as the business advisory committee (BAC) of the Goa assembly has to approve the business of the house. The budget session begins on March 16. This will be the third time chief minister Digambar Kamat will present the state budget in the assembly.
In his first year of chief ministership, the finance minister was Dayanand Narvekar who had presented the budget for the year 2008-09. After Narvekar was asked to resign in August 2008, the finance portfolio was retained by Kamat and since then he has presented the budget twice, for financial years 2009-10 and 2010-11.

Last year, Kamat had presented Rs 6,788cr budget on March 23. Observers say that this could be the last budget Kamat will present for the current assembly term. Though the term of the current assembly will end in early June 2012, indications are that the next assembly election will be held before March 2012.
It is in this backdrop that it is said in the political circles that the new budget, in all probability, might be a populist one.


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