By Lobsang Wangyal
McLEOD GANJ, India, 15 March 2021
The budget of the Central Tibetan Administration (CTA) for the fiscal year 2021-2022 was presented in the Tibetan Parliament-in-Exile as the budget session of the House commenced today.
CTA Finance Minister Karma Yeshi tabled the budget, which amounted to Indian rupees 2,699 million for the next fiscal year.
Political campaigning has been allotted the maximum chunk of the budget, with rupees 637.78 million, followed by the education sector with rupees 602.33.
Administrative expenses has 591.02 million, while rupees 506.99 million will be used for social purposes.
Health got rupees 235.41 million, legislature got 62.21 million, and rupees 60.57 million will go for religion and culture.
Part of the CTA’s revenue comes from the tax collected from the exile Tibetan community, followed by funds provided by the Government of India and other countries, organizations, and individuals.
The CTA budget is used mostly for Tibetans living in India, Nepal, and Bhutan. In all CTA caters for about 70,000 exile Tibetans in 53 settlements in these countries, with India being the biggest in number.
It is the 10th session of the 16th Parliament, which is likely to be in session for 15 days.
The elections for the 17th Parliament of 45 members is under way, and the new House will be formed by the end of May, with a new political leader called Sikyong, who is likely to take oath also at the end of May.