nWith the pandemic having made a big dent in the overall finances of the Delhi Government, Deputy Chief Minister and Finance Minister Manish Sisodia has issued an order on expenditure management and rationalisation of expenditure on Covid-19 outbreaks to keep expenses within the limits.
Sisodia informed that the expenditure of the Delhi Government had increased around 80 per cent during first two months of the financial year (FY) 2021-22 as compared to the corresponding period of the previous FY. He further stated that revenue receipts had been to the tune of `5,273 crore during the first two months of the current FY, while its expenditure has reached `8,511 crore. Delhi has incurred `3,238 crore more than its receipts which were met from last year’s savings.
Historically, during the first two months, the expenditure was `4,705 crore in FY 2019-20 and `4,965 crore in FY 2020-21.
However, due to the outbreak, the expenditure during the first two months has jumped to `8,511 crore in the current FY, he said.
He further said, “The tax collection has declined due to the second wave of the pandemic and lockdown, while the expenditure has increased in comparison with the previous years for implementation of various relief and other measures to check the spread of the coronavirus.”