Comparing the planned and non-planned schemes Principal Finance Secretary Finance department Amit Khare said on Thursday that the condition of expenditure is better this financial year in comparison to financial year 2014-15. It has improved in July 2015-16 which is a good sign.
Khare said that a total amount of `9803.14 crores have been expensed under planned & non- planned schemes from April to July 2015-16 which is 17.67 percent of the annual budget & a good sign.
Out of the total expenditure `4568.83 crore is spent on planned schemes which is 14.22 percentage of the total planned budget and `5234.31 crore on non-planned schemes which is 22.41 per cent of non planned budget.
Khare said that `3860.60 crore has been collected by different departments & the collection growth rate is 20.20 %. He said that revenue collection rate is being sped up.