SHILLONG, Feb. 21 -- Meghalaya chief minister Conrad Sangma, on Wednesday (February 21), presented a budget for the fiscal year 2024-25, projecting a deficit of Rs 2029 crore, equivalent to approximately 3.83 percent of the Gross State Domestic Product (GSDP).

Sangma christened the budget as "Mission 10", envisioning the transformation of Meghalaya into a 10 billion US dollar economy by 2028.

The total receipts are estimated at Rs 27,072 crore, with revenue receipts amounting to Rs 23,515 crore and capital receipts at Rs 3,557 crore.

Excluding borrowings of Rs 3527 crore, the total receipts are projected at Rs 23,545 crore.

Meanwhile, the estimated total expenditure stands at Rs 27,072 crore, comprising revenue expenditure of Rs 19,65...