Aizawl, Mar 24 : Mizoram Chief Minister Lal Thanhawla today said the state government was closely monitoring the fiscal balance and spending to avoid overdraft.
The fiscal balance of the government's account in the Reserve Bank of India was Rs 82.6 crore and the cash balance and spending have been closely monitored to avoid overdraft, Lal Thanhawla said in reply to a supplementary question from the opposition members in the assembly.
The government expected to avail a loan to the tune of Rs 200 crore from Centre, he said.
"We have instructed all the treasury officers to submit weekly reports on the release of funds from their respective government treasuries," Lal Thanhawla added.
To a query from Dr. R. Lalthangliana of the opposition Mizo National Front (MNF), the chief minister, who also holds finance portfolio, said that Aizawl South and North treasuries were allowed withdrawal to the tune of Rs 1,000 lakh and Rs 400 lakh respectively from yesterday while they were earlier allowed Rs 500 lakh and Rs 200 lalk withdrawal respectively.
He said that Lunglei district treasury, previously granted withdrawal limit of Rs 60 lakh, was being allowed upto Rs 120 lakh from yesterday.
"The rest of the treasuries in the headquarters of six districts have also been permitted to raise the amount of withdrawal from Rs 40 lakh to Rs 80 lakh," he said.
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