The Planning and Finance Department has expressed satisfaction over pace of budgetary expenditure in the State so far and at the same time also looked positive for the future course of action in this regard.
While reviewing the budget expenses, Principal Secretary of the Department Amit Khare said on Friday that 50.44 per cent of total annual budget has been spent. “The Government is committed to execute the developmental schemes and that is why during the financial year 2015-16, we have been able to spend Rs27993.20 crore of Plan and Non-Plan provisions till December last. It is over 50 per cent,” he said.
As per the Department’s figures, Rs15258.36 or 49.33 per cent of total plan budget was spent by December whereas Rs12734.84 crore or 54.52 per cent of total Non-Plan budget has been spent. Khare added that during this financial year Plan expenditure has picked up in particular which remained about double in comparison to Rs8209.30 crore registered during the previous one. “Rs8209.30 crore out of total plan budget of Rs19480 could be spent during 2014-15 which remained 42.14 per cent. The percentage has gone up to 49.33 per cent which is satisfactory,” said the official.
This apart, he also put light on revenue collection by different departments. With the growth rate of 21.62 per cent, all the major departments together collected Rs9998.21 crore by December, 2015. “We are doing all efforts to improve and expedite revenue collection in the remaining months of this financial year,” said Khare.