Express News Service
Hyderabad, August 20:
The first Budget of successor Andhra Pradesh state has much focused on the process of building the economy with a hope that it will get funds and grants from the Central government.
Despite "complexities and problems" of the new state to be dealt with, Finance Minister Yanamala Ramakrishnudu on Wednesday presented Rs 1,11,823 crore tax free budget for the year 2014-15.
Ramakrishnudu has a privilege of presenting the first budget of AP, which his past experience of presenting the budgets of combined AP state, Ramakrishnudu tried to overcome the problem of lack of resources with a firm commitment to re-draft the vision document 2020 which will set standards for a new paradigm in sync with the changed circumstances to place the AP among the best three performing States in the country by 2022.
However, as it was not full budget and only for the next seven months, the Finance Minister decided to keep the non-plan expenditure intact. Of the Rs 1.11 lakh crore budget, the non-plan expenditure was Rs 85,151 crore and the plan expenditure was projected as Rs 26,673 crore.
To augment the State's finances, the Finance Minister hoped to get Rs 16,000 crore Central grants to fill up the revenue gap.
The Finance Minister, however, allocated funds for the newly announced schemes by the government like NTR Sujala Sravanti and others.
"The United AP has been a surplus sate as far as non-plan revenue is concerned. Unfortunately, the division made the residuary AP a huge revenue deficit state on non-plan account. There is a huge impact of State bifurcation on State finances. Since the debt, employees, pensioners are allocated based on population ration the expenditure naturally will be more than 58 per cent of the United AP," the Finance Minister said in his address.
"Overall revenue share of residuary state from tax and non-tax is estimated to be around 47 per cent of the combined AP. The State is not left with reasonable resources for a meaningful plan outlay," Yanamala stated. In addition to skewed distribution of revenue most of the critical infrastructure in socio and economic sectors is also going to Telangana, the Finance Minister said.
Despite the gloomy scenario, a fallout of division of AP, the Finance Minister in his concluding remarks stated that the Budget would initiate the process of building the new State on sound lines and pave way for taking rapid strides in the years to come.
"Our priority is inclusive growth in which equitable opportunities are advanced to all participants in the process of economic growth and benefits accrue to all sections of the society, particularly those belonging to vulnerable sections," the Finance Minister said.
QUOTE: "We firmly believe that Gross State Domestic Happiness matters more than Gross State Domestic Product," Yanamala Ramakrishnudu in Budget speech
ends
Showing posts with label Budget. Show all posts
Showing posts with label Budget. Show all posts
Tuesday, 11 November 2014
AP Economic Survey
Express News Service
Hyderabad, August 20:
The latest AP Socio Economic Survey 2013-14 stated the bifurcation of united AP is a "third deep scar" on the hearts and sentiments of Telugus.
The Survey which is released on Wednesday stated that: "The Telugu speaking people have witnessed a turbulent history of state demarcation and the current AP bifurcation episode is the third deep scar on their hearts and sentiments. The instability of political geography has repeatedly pushed the Telugu people away from the path of development and progress".
AP is poised on an interesting juncture in the history as it tries to balance varied challenges that the bifurcation has created for the residuary state against the opportunities that establishment of a new system of governance creates in the new state, the Survey said.
"The provisions made in the AP Reorganisation Act, 2014 for the development of the State of AP signify tokenism and they cannot compensate the loss of opportunity for the people of AP due to the division of the state. Income generation, employment opportunities, health and educational institutions, R&D and training facilities and the social infrastructure are grossly inadequate in the new state for its survival. The decision to bifurcate the state without even finalising the capital city itself signifies as an epitome of irresponsibility," the Survey report said.
The Survey further pointed that the United AP has been a revenue surplus state as far as non-plan revenue is concerned. Unfortunately, the division made the residuary AP a huge revenue deficit state on non-plan account. The state is not left with reasonable resources for a meaningful plan outlay. Since debt has been allocated on population ratio, servicing the debt is going to be burdensome.
"There are umpteen number of issues and challenges staring at the new State of AP," the Survey said.
LANDHOLDINGS: The gross area irrigated in the State decreased to 37.11 lakh hectares in 2012-13 from 39.21 lakh hectares in 2011-12. The net area irrigated in the state decreased to 28.01 lakh hectares in 2012-13 as against 31.05 lakh hectares in 2011-12 showing a decline of 9.8 per cent.
The latest available data relates to 2010-11 on land holdings. The average size of land holdings in the state has marginally declined to 1.06 hectares during 2010-11 from 1.13 hectares in 2005-06. The number of holdings has increased from 72.16 lakh in 2005-06 to 76.21 lakh in 2010-11.
FOREST CONNECTIVITY: There is contiguous forest area starting from Nagarjuna Sagar Tiger Reserve to Seshachalam forest passing through forests of Kadapa and Chittoor districts. All these areas have good Panther population with dense Prey base of Samber, Cheetal, Neelgai etc. But, over th years due to degradation of habitat, encroachments and other biotic pressures the wild animal population declined. It is essential to develop this corridor to enable the increasing tiger population in Nallamala to Seshachalam forest tracts as this area has the potential to support tiger population.
ends
Hyderabad, August 20:
The latest AP Socio Economic Survey 2013-14 stated the bifurcation of united AP is a "third deep scar" on the hearts and sentiments of Telugus.
The Survey which is released on Wednesday stated that: "The Telugu speaking people have witnessed a turbulent history of state demarcation and the current AP bifurcation episode is the third deep scar on their hearts and sentiments. The instability of political geography has repeatedly pushed the Telugu people away from the path of development and progress".
AP is poised on an interesting juncture in the history as it tries to balance varied challenges that the bifurcation has created for the residuary state against the opportunities that establishment of a new system of governance creates in the new state, the Survey said.
"The provisions made in the AP Reorganisation Act, 2014 for the development of the State of AP signify tokenism and they cannot compensate the loss of opportunity for the people of AP due to the division of the state. Income generation, employment opportunities, health and educational institutions, R&D and training facilities and the social infrastructure are grossly inadequate in the new state for its survival. The decision to bifurcate the state without even finalising the capital city itself signifies as an epitome of irresponsibility," the Survey report said.
The Survey further pointed that the United AP has been a revenue surplus state as far as non-plan revenue is concerned. Unfortunately, the division made the residuary AP a huge revenue deficit state on non-plan account. The state is not left with reasonable resources for a meaningful plan outlay. Since debt has been allocated on population ratio, servicing the debt is going to be burdensome.
"There are umpteen number of issues and challenges staring at the new State of AP," the Survey said.
LANDHOLDINGS: The gross area irrigated in the State decreased to 37.11 lakh hectares in 2012-13 from 39.21 lakh hectares in 2011-12. The net area irrigated in the state decreased to 28.01 lakh hectares in 2012-13 as against 31.05 lakh hectares in 2011-12 showing a decline of 9.8 per cent.
The latest available data relates to 2010-11 on land holdings. The average size of land holdings in the state has marginally declined to 1.06 hectares during 2010-11 from 1.13 hectares in 2005-06. The number of holdings has increased from 72.16 lakh in 2005-06 to 76.21 lakh in 2010-11.
FOREST CONNECTIVITY: There is contiguous forest area starting from Nagarjuna Sagar Tiger Reserve to Seshachalam forest passing through forests of Kadapa and Chittoor districts. All these areas have good Panther population with dense Prey base of Samber, Cheetal, Neelgai etc. But, over th years due to degradation of habitat, encroachments and other biotic pressures the wild animal population declined. It is essential to develop this corridor to enable the increasing tiger population in Nallamala to Seshachalam forest tracts as this area has the potential to support tiger population.
ends
AP BUDGET 2014-15 AT A GLANCE
AP BUDGET 2014-15 AT A GLANCE
Head _ Rs in crores
Total budget - 1,11,823
Non-plan - 85,151
Plan - 26,673
Total revenue receipts - 92,078
Share of Central taxes - 16,837
Grants-in-ad - 28,831
State's own tax revenue - 37,398
Sales tax - 28,749
Excise - 4,027
MV tax - 1,384
Stamps and registration - 2,461
State's non-tax revenue - 9,011
Mines and Minerals - 1,226
Total Revenue expenditure - 98,142
Non-plan expenditure - 78,976
Plan expenditure - 19,165
Revenue deficit - 6,063
Public deficit - 5,760
Total expenditure on capital and loan account - 7,921
Fiscal deficit - 12,064 (2.3% to GSDP)
GSDP - 5,23,445
NON-PLAN EXPENDITURE
Major expenditure
Salary - 29,870
Pensions - 9,778
Scholarships - 2,040
Rice subsidy - 1,958
Power subsidy - 3,188
Debt relief to farmers - 1,000
NTR Health cards - 500
Vaddileni Runalu - 599
PLAN EXPENDITURE
Debt relief to farmers - 4,000
Assistance to welfare of Kapus - 50
Assistance to welfare of Brahmins - 25
Agriculture university - 100
ends
Head _ Rs in crores
Total budget - 1,11,823
Non-plan - 85,151
Plan - 26,673
Total revenue receipts - 92,078
Share of Central taxes - 16,837
Grants-in-ad - 28,831
State's own tax revenue - 37,398
Sales tax - 28,749
Excise - 4,027
MV tax - 1,384
Stamps and registration - 2,461
State's non-tax revenue - 9,011
Mines and Minerals - 1,226
Total Revenue expenditure - 98,142
Non-plan expenditure - 78,976
Plan expenditure - 19,165
Revenue deficit - 6,063
Public deficit - 5,760
Total expenditure on capital and loan account - 7,921
Fiscal deficit - 12,064 (2.3% to GSDP)
GSDP - 5,23,445
NON-PLAN EXPENDITURE
Major expenditure
Salary - 29,870
Pensions - 9,778
Scholarships - 2,040
Rice subsidy - 1,958
Power subsidy - 3,188
Debt relief to farmers - 1,000
NTR Health cards - 500
Vaddileni Runalu - 599
PLAN EXPENDITURE
Debt relief to farmers - 4,000
Assistance to welfare of Kapus - 50
Assistance to welfare of Brahmins - 25
Agriculture university - 100
ends
New Schemes AP Budget
NEW SCHEMES AND PLANS PROPOSED IN THE AP BUDGET 2014-15
* SEVEN MISSIONS:
Finance Minister Yanamala Ramakrishnudu proposed seven missions to develop the state in his budget speech.
Primary Sector Mission, Social Empowerment Mission, Knowledge and Sill Development Mission, Urban Development Mission, Industry/Manufacturing Sector Mission, Infrastructure Mission and Service Sector Mission.
Each of the missions proposed to have the Chief Minister as its chairperson, with pre-defined objectives, implementation structure, funding mechanism, required departmental synergy, functioning component, rollout mechanism at the district level as appropriate for the Mission, reporting, monitoring and evaluation systems and performance based awards.
* DISTRICT DEVELOPMENT PLANNING: The government is keenly examining how decentralised institutions can be strengthened to play a more effective role at the district and sub-district levels.
* Optic-fibre network connecting all villages
* Employment generation to ensure that at least one person is employed in each family and improving quality of life.
* Govt to provide unemployment allowance till employment reaches youths
* TOURISM: To Develop Mega Tourism Circuits in Krishna and Anantapur districts at cost of Rs 100 crore.
New Tourism circuits in Srikakulam, Guntur, Sound and Light show at Srikalahasti, development of beach resort in Perupalem in West Godavari district.
* ART AND CRAFT: To set up Shilparamams in Kakinanda, Eluru, Vijayawada, Nellore and Anantapur districts.
International convention centre at a cost of Rs 117 crore and Indian Culinary Institute at a cost of Rs 50 crore at Tirupati.
* State Institutes of Hotel Managements at Tirupati and Kakinada at a cost of Rs 12 crore each.
* HOUSING: Govt to construct 25,000 houses under affordable housing scheme.
Houses for SC/ST at a cost of Rs 1.5 lakh and Rs 1 lakh for others. rs 808 crore is earmarked in the budget.
* ANNA CANTEENS:
To take steps to operationalise Anna Canteens to provide food at affordable prices for low income groups.
* WOMEN: To strengthen SHGs by infusing fresh capital not exceeding Rs 1 lakh per DWCRA group.
* PENSIONS: The increased amount of social security pensions will be paid from October.
* HEALTH: Visakha Institute of Medical Science will be made operational. Facilities at Sri Venkateswara Institute of Medical Sciences, Tirupati will be strengthened. To establish AIIMS type super-speciality hospital-cum-teaching institution in the state with Central funds.
* EDUCATION: To establish model degree colleges at a cost of Rs 12 crore in 2014-15. To set up another IIIT at Kakinada under PPP mode.
* INFRASTRUCTURE: To develop Machilipatnam port under PPP mode. To develop 14 minor ports under PPP mode which includes ports at Bhavanapadu and Calingapatnam. Centre to set up second major port and one more commercial port at Kakinada in private sector.
* APGIC: The AP Gas Infrastructure Corporation (APGIC) has won four blocks in K-G Basin.
* AIRPORTS: The existing airports Vijayawada, Rajahmundry, Tirupati and Kadapa will be expanded. New terminal building and control tower will be constructed at Vijayawada airport by AAI. One Greenfield airport is envisaged in between Vijayawada and Kakinada.
* NO-FRILLS AIRPORTS: The Centre's assistance sought for proposed no-frills airports at Kuppam, Kurnool, Nellore and Srikakulam under Special Category State.
* POWER: Around 3,000 MW of wind and 2,000 MW of solar power is proposed to be added in phases. Rs 5,000 crore is proposed to be invested for green corridor evacuation of wind and solar power. Two solar parks to come up in Anantapur and Guntur.
* Debt relief to farmers Rs 1.5 lakh per each family
* NTR Sujala Pathakam: Providing 20 litres of mineral water for Rs 2.
* Water Grid Corporation to be created to provide clean drinking water
* Welfare of Brahmins
* Welfare of Kapus
ends
* SEVEN MISSIONS:
Finance Minister Yanamala Ramakrishnudu proposed seven missions to develop the state in his budget speech.
Primary Sector Mission, Social Empowerment Mission, Knowledge and Sill Development Mission, Urban Development Mission, Industry/Manufacturing Sector Mission, Infrastructure Mission and Service Sector Mission.
Each of the missions proposed to have the Chief Minister as its chairperson, with pre-defined objectives, implementation structure, funding mechanism, required departmental synergy, functioning component, rollout mechanism at the district level as appropriate for the Mission, reporting, monitoring and evaluation systems and performance based awards.
* DISTRICT DEVELOPMENT PLANNING: The government is keenly examining how decentralised institutions can be strengthened to play a more effective role at the district and sub-district levels.
* Optic-fibre network connecting all villages
* Employment generation to ensure that at least one person is employed in each family and improving quality of life.
* Govt to provide unemployment allowance till employment reaches youths
* TOURISM: To Develop Mega Tourism Circuits in Krishna and Anantapur districts at cost of Rs 100 crore.
New Tourism circuits in Srikakulam, Guntur, Sound and Light show at Srikalahasti, development of beach resort in Perupalem in West Godavari district.
* ART AND CRAFT: To set up Shilparamams in Kakinanda, Eluru, Vijayawada, Nellore and Anantapur districts.
International convention centre at a cost of Rs 117 crore and Indian Culinary Institute at a cost of Rs 50 crore at Tirupati.
* State Institutes of Hotel Managements at Tirupati and Kakinada at a cost of Rs 12 crore each.
* HOUSING: Govt to construct 25,000 houses under affordable housing scheme.
Houses for SC/ST at a cost of Rs 1.5 lakh and Rs 1 lakh for others. rs 808 crore is earmarked in the budget.
* ANNA CANTEENS:
To take steps to operationalise Anna Canteens to provide food at affordable prices for low income groups.
* WOMEN: To strengthen SHGs by infusing fresh capital not exceeding Rs 1 lakh per DWCRA group.
* PENSIONS: The increased amount of social security pensions will be paid from October.
* HEALTH: Visakha Institute of Medical Science will be made operational. Facilities at Sri Venkateswara Institute of Medical Sciences, Tirupati will be strengthened. To establish AIIMS type super-speciality hospital-cum-teaching institution in the state with Central funds.
* EDUCATION: To establish model degree colleges at a cost of Rs 12 crore in 2014-15. To set up another IIIT at Kakinada under PPP mode.
* INFRASTRUCTURE: To develop Machilipatnam port under PPP mode. To develop 14 minor ports under PPP mode which includes ports at Bhavanapadu and Calingapatnam. Centre to set up second major port and one more commercial port at Kakinada in private sector.
* APGIC: The AP Gas Infrastructure Corporation (APGIC) has won four blocks in K-G Basin.
* AIRPORTS: The existing airports Vijayawada, Rajahmundry, Tirupati and Kadapa will be expanded. New terminal building and control tower will be constructed at Vijayawada airport by AAI. One Greenfield airport is envisaged in between Vijayawada and Kakinada.
* NO-FRILLS AIRPORTS: The Centre's assistance sought for proposed no-frills airports at Kuppam, Kurnool, Nellore and Srikakulam under Special Category State.
* POWER: Around 3,000 MW of wind and 2,000 MW of solar power is proposed to be added in phases. Rs 5,000 crore is proposed to be invested for green corridor evacuation of wind and solar power. Two solar parks to come up in Anantapur and Guntur.
* Debt relief to farmers Rs 1.5 lakh per each family
* NTR Sujala Pathakam: Providing 20 litres of mineral water for Rs 2.
* Water Grid Corporation to be created to provide clean drinking water
* Welfare of Brahmins
* Welfare of Kapus
ends
Friday, 7 November 2014
TS Economic Survey
Express News Service
Hyderabad, November 5:
Telangana State, despite achieving a reasonably impressive performance in the recent past in terms of various macro-economic indicators,still has certain weak links, especially in the performance of social indicators, says the first Socio-Economic Survey of the State.
The State government's Social Economic Outlook-2014 named as "Reinventing Telangana" was tabled in the State Legislative Assembly on Wednesday.
The major challenge for the government of Telangana, in the light of foregoing, is to reformulate the policies and programmes of the undivided state to suit the economy, society, polity of Telangana so as to realise faster, inclusive and sustainable growth, the survey stated.
GSDP: Three districts Hyderabad, Ranga Reddy and Medak together account half of the GSDP of the state, while the districts Nizamabad, Adilabad and Warangal share 17 per cent of the GSDP. The main reason for this uneven distribution across the districts is an accout of large inter-sectoral income variations. The uneven regional distribution of income coupled with uneven growth is giving rise to widening regional disaprites, the survey said.
CHALLENGES OF TS:
* Erratic monsoon, untimely availability of inputs and credit, low productivity, depleting ground water, inadequate extension and poor irrigation.
* Declining public and private investment in agriculture. High employment intensity of the farm sector. Fluctuating agricultural growth and increased uncertainty and fluctuations in prices of agricultural commodities
* Neglecting of link-tank irrigation system, provision of poor quality of power for pumping water for irrigation, restricting the provision of public canal irrigation system to a few areas.
* Endemic power shortage of owing to poor supply base in the backdrop of rising demand, incomplete large irrigation projects require huge resources and intense monitoring.
* Degraded forests hurting the rich forest cover, erosion and cultural wastes and a few ecological imbalances.
* Concentration of industrial development and services sector in and around Hyderabad and Ranga Reddy requiring wide dispersal into the other districts for ensuring balanced development.
* Stagnation in manufacturing sector
* The revenue potionetial of Telangana is also quite limited as majority of the districts remaining economically backward coupled with the likely erosion of tax base in the short to medium term.
OPPORTUNITIES:
* The multi-cultural, cosmopolitan Hyderabad city accounts for about 30 per cent of the state population and contributes bulk of the State revenue. The city is already on the global investors' list of most attractive destinations.
* State's endowments in various types of soils and climates carry with it a good prospect of emerging as a seed bow of the country given appropriate support and capacity building efforts.
*There is a high potential for investment in inland fisheries in the state, as there is productivity gap in tank and reservoir fishery. There is also a need to realise the high growth potential of aquaculture sector while giving priorities to welfare programmes for those involve in reservoir and back-water fisheries.
* On the industries front, while the existing industrially advanced districts offer further scope for large and medium enterprises and greater Foreign Direct Investments to flow in, rest of the seven districts have high potential for food processing, forest-based products and mineral-based industries, particularly in the employment oriented MSME sector.
graphics
TS geographical area - 1,14,840 sq km
Population - 351.94 lakhs (2011 census)
GSDP - Rs 3,78,963 crore
Per capita income - Rs 93,151 (2013-14 prices)
The share of agriculture in GSDP is 17 per cent
Industry's share in GSDP is 27 per cent
Service sector's share in GSDP is 56 per cent
6 Municipal corporations
67 Urban Local Bodies
37 municipalities
24 Nagara Panchayats
DISTRICT-WISE GSDP IN 2012-13
Hyderabad - Rs 39,000 crore
Ranga Reddy - Rs 37,000 crore
Medak - Rs 25,000 crore
Karimnagar - Rs 18,000 crore
Nalgonda - 16,000 crore
Khamman - Rs 14,000 crore
Mahbubnagar - Rs 13,000 crore
Warangal - Rs 13,000 crore
Adilabad - Rs 11,000 crore
Nizamabad - Rs 10,000 crore
DISTRICT-WISE PER CAPITA INCOME
Adilabad - Rs 61,679
Nizamabad - Rs 60,026
Karimnagar - Rs 73,251
Medak - Rs 1,11,745
Hyderabad - Rs 1,23,992
Ranga Reddy - Rs 1,13,977
Mahbubnagar - Rs 59,909
Nalogonda - Rs 69,215
Warangal - Rs 58,007
Khammam Rs 75,014
Telangana - Rs 83,020
ends
Hyderabad, November 5:
Telangana State, despite achieving a reasonably impressive performance in the recent past in terms of various macro-economic indicators,still has certain weak links, especially in the performance of social indicators, says the first Socio-Economic Survey of the State.
The State government's Social Economic Outlook-2014 named as "Reinventing Telangana" was tabled in the State Legislative Assembly on Wednesday.
The major challenge for the government of Telangana, in the light of foregoing, is to reformulate the policies and programmes of the undivided state to suit the economy, society, polity of Telangana so as to realise faster, inclusive and sustainable growth, the survey stated.
GSDP: Three districts Hyderabad, Ranga Reddy and Medak together account half of the GSDP of the state, while the districts Nizamabad, Adilabad and Warangal share 17 per cent of the GSDP. The main reason for this uneven distribution across the districts is an accout of large inter-sectoral income variations. The uneven regional distribution of income coupled with uneven growth is giving rise to widening regional disaprites, the survey said.
CHALLENGES OF TS:
* Erratic monsoon, untimely availability of inputs and credit, low productivity, depleting ground water, inadequate extension and poor irrigation.
* Declining public and private investment in agriculture. High employment intensity of the farm sector. Fluctuating agricultural growth and increased uncertainty and fluctuations in prices of agricultural commodities
* Neglecting of link-tank irrigation system, provision of poor quality of power for pumping water for irrigation, restricting the provision of public canal irrigation system to a few areas.
* Endemic power shortage of owing to poor supply base in the backdrop of rising demand, incomplete large irrigation projects require huge resources and intense monitoring.
* Degraded forests hurting the rich forest cover, erosion and cultural wastes and a few ecological imbalances.
* Concentration of industrial development and services sector in and around Hyderabad and Ranga Reddy requiring wide dispersal into the other districts for ensuring balanced development.
* Stagnation in manufacturing sector
* The revenue potionetial of Telangana is also quite limited as majority of the districts remaining economically backward coupled with the likely erosion of tax base in the short to medium term.
OPPORTUNITIES:
* The multi-cultural, cosmopolitan Hyderabad city accounts for about 30 per cent of the state population and contributes bulk of the State revenue. The city is already on the global investors' list of most attractive destinations.
* State's endowments in various types of soils and climates carry with it a good prospect of emerging as a seed bow of the country given appropriate support and capacity building efforts.
*There is a high potential for investment in inland fisheries in the state, as there is productivity gap in tank and reservoir fishery. There is also a need to realise the high growth potential of aquaculture sector while giving priorities to welfare programmes for those involve in reservoir and back-water fisheries.
* On the industries front, while the existing industrially advanced districts offer further scope for large and medium enterprises and greater Foreign Direct Investments to flow in, rest of the seven districts have high potential for food processing, forest-based products and mineral-based industries, particularly in the employment oriented MSME sector.
graphics
TS geographical area - 1,14,840 sq km
Population - 351.94 lakhs (2011 census)
GSDP - Rs 3,78,963 crore
Per capita income - Rs 93,151 (2013-14 prices)
The share of agriculture in GSDP is 17 per cent
Industry's share in GSDP is 27 per cent
Service sector's share in GSDP is 56 per cent
6 Municipal corporations
67 Urban Local Bodies
37 municipalities
24 Nagara Panchayats
DISTRICT-WISE GSDP IN 2012-13
Hyderabad - Rs 39,000 crore
Ranga Reddy - Rs 37,000 crore
Medak - Rs 25,000 crore
Karimnagar - Rs 18,000 crore
Nalgonda - 16,000 crore
Khamman - Rs 14,000 crore
Mahbubnagar - Rs 13,000 crore
Warangal - Rs 13,000 crore
Adilabad - Rs 11,000 crore
Nizamabad - Rs 10,000 crore
DISTRICT-WISE PER CAPITA INCOME
Adilabad - Rs 61,679
Nizamabad - Rs 60,026
Karimnagar - Rs 73,251
Medak - Rs 1,11,745
Hyderabad - Rs 1,23,992
Ranga Reddy - Rs 1,13,977
Mahbubnagar - Rs 59,909
Nalogonda - Rs 69,215
Warangal - Rs 58,007
Khammam Rs 75,014
Telangana - Rs 83,020
ends
Telangana State First Budget at a glance
Item Rs in crores
Budget for the year 2014-15 (for ten months) - 1,00,637.96
Non-Plan - 51,989.49
Plan - 48,648.47
Total Revenue receipts - 80,090.33
Share of Central taxes - 9,749.36
Central grants - 21,720.71
Centrally assisted state plan -- 11,781.25
Compensation for loss of Central sales tax - 1,500
FC grants - 3,139.46
State's own tax revenue - 35,378.24
Sales tax - 26,963.30
Excise - 2,823.54
MV tax - 2,226.86
Stamps and registration - 2,583.88
State's non-tax revenue - 13,242.02
Mines and Minerals - 1,877.52
Contra interest - 2,508.98
Total Revenue expenditure - 79,789.31
Revenue surplus - 301.02
Total expenditure on capital and loan account - 17,774.30
Fiscal deficit - 17,398.72
GSDP(for ten months) - 3,63,173
Fiscal deficit % of GSDP - 4.79
Budget for the year 2014-15 (for ten months) - 1,00,637.96
Non-Plan - 51,989.49
Plan - 48,648.47
Total Revenue receipts - 80,090.33
Share of Central taxes - 9,749.36
Central grants - 21,720.71
Centrally assisted state plan -- 11,781.25
Compensation for loss of Central sales tax - 1,500
FC grants - 3,139.46
State's own tax revenue - 35,378.24
Sales tax - 26,963.30
Excise - 2,823.54
MV tax - 2,226.86
Stamps and registration - 2,583.88
State's non-tax revenue - 13,242.02
Mines and Minerals - 1,877.52
Contra interest - 2,508.98
Total Revenue expenditure - 79,789.31
Revenue surplus - 301.02
Total expenditure on capital and loan account - 17,774.30
Fiscal deficit - 17,398.72
GSDP(for ten months) - 3,63,173
Fiscal deficit % of GSDP - 4.79
Major schemes
Allotment to major schemes and programmes in Telangana Budget
Scheme -- Rs in crores
Welfare pensions - 1,689.99
Water Grid - 2,000
FAST - 2,734.95
Investment in TSGenco - 1,000
Land purchase scheme for SCs - 1,000
Roads and Buildings - 2,000
Construction of rural roads - 2,000
Kalyana Lakshmi - 330
HMWSSB (Supply of Krishna & Godavari waters to Hyderabad) - 581
Slum free programme in GHMC area - 250
Telangana Amaravirula Pathakam - 100
Godavari Pushkaralu - 100
Yadagirigutta Development - 100
Seed chain - 50
Market Intervention Fund - 400
Farm mechanisation - 100
Micro irrgation - 250
Subsidy for poly houses (1,000 acres) - 250
Power subsidy to poultry industry - 20
Telangana Haritha Haaram - 300
Special Development Fund -- 500
Constituency Development Programme - 234
Two-bed room houses - 85 crore
Assistance to TSIIC - 100
Incentives for industrial promotion - 355
Power subsidy for industries - 200
Commissioner of Cyberabad police - 70
Amrutha Hastham - 211
Solar Pumpset programme - 200
Komram Bheem Memorial - 25
KG to PG Education - 25
Loans to TSRTC for purchase of buses - 150
Forest college - 10
ends
Scheme -- Rs in crores
Welfare pensions - 1,689.99
Water Grid - 2,000
FAST - 2,734.95
Investment in TSGenco - 1,000
Land purchase scheme for SCs - 1,000
Roads and Buildings - 2,000
Construction of rural roads - 2,000
Kalyana Lakshmi - 330
HMWSSB (Supply of Krishna & Godavari waters to Hyderabad) - 581
Slum free programme in GHMC area - 250
Telangana Amaravirula Pathakam - 100
Godavari Pushkaralu - 100
Yadagirigutta Development - 100
Seed chain - 50
Market Intervention Fund - 400
Farm mechanisation - 100
Micro irrgation - 250
Subsidy for poly houses (1,000 acres) - 250
Power subsidy to poultry industry - 20
Telangana Haritha Haaram - 300
Special Development Fund -- 500
Constituency Development Programme - 234
Two-bed room houses - 85 crore
Assistance to TSIIC - 100
Incentives for industrial promotion - 355
Power subsidy for industries - 200
Commissioner of Cyberabad police - 70
Amrutha Hastham - 211
Solar Pumpset programme - 200
Komram Bheem Memorial - 25
KG to PG Education - 25
Loans to TSRTC for purchase of buses - 150
Forest college - 10
ends
Telangana Budget highlights
The budget is only for ten months of 2014-15, it has been so programmed to integrate seamlessly into the five year perspective plan of 2014-19. The new schemes and programmes and the allocations made for the same in the Finance Minister Etela Rajender's budget speech are as follows:
Rs 100 crore in Budget for ex-gratia to Telangana martyrs
The growth of the State economy witnessed a sharp fall from an average of 10.5 per cent during the period 2005-10 to 4.5 per cent in 2012-13 owing to marked deceleration in the growth of industrial sector. Reversal of this trend requires massive infusion of investment funds into agriculture, industry and infrastructure sectors.
The per capita income of the State at Rs 93,151 in 2013-14, though higher than the national average of Rs 74,920, masks wide variations across districts. Only three out of ten districts in Telangana have per capita income higher than the national average.
NEW SCHEMES TO ACHIEVE BANGARU TELANGANA:
Revival of Tanks and Irrigation: The government has decided to take up the restoration of over 45,000 tanks over the next five years. Nearly, 9,000 tanks are proposed to be taken up for restoration in this financial year. An amount of Rs 2,00 crore is proposed in the Budget.
Irrigation Projects: All the four Lift Irrigation Schemes Nettempadu, Kalwakurthi, Bhima and Koilsagar in Mahbubnagar district to be completed in the current year itself to bring 2,97,550 acres under irrigation. A total of Rs 6,500 crore in Budget for entire irrigation sector.
Water grid and drinking water: Water grid to provide protected and piped drinking water to every household in the State through a network of pipelines at an estimated cost of Rs 25,00 crore. As a primer, a provision of Rs 2,000 crore is proposed in the Budget.
Agriculture and Allied Sectors: The government has already credited to the loan accounts of farmers of Rs 4,250 crore as first instalment.
Government has decided to bring an end to uncertainty in market and decided to establish a Market Invention Fund with a provision of Rs 400 crore in the budget
TS as Seed Bowl of Country: The State has taken the initiative of developing seed chains and an amount Rs 50 crore has provided in the budget. Plans are afoot to tie up with seed companies for marketing. Rs 100 crore for farm mechanisation.
Horticulture: To promote drip irrigation to optimise the use of ground water in 1.36 lakh acres. Rs 250 crore earmarked.
Poultry Sector: Rs 20 crore proposed towards power subsidy to poultry farmers.
Dairy sector: Rs 16.30 crore provided Rs 16.30 crore as an incentive to milk producers at the rate of Rs 4 per litre of milk supplied to Vijaya Dairy.
WELFARE PROGRAMMES:
SC Welfare: Rs 1,000 crore provided three acres land for each SC family. State to spend Rs 50,000 for the SCs in the next five years.
Tribal Welfare: Rs 245.92 crore proposed for the educational institutions in tribal areas.
SC and ST sub-plans: The amounts proposed under SC and ST sub-plans in this budget are RS 7,579.45 crore and Rs 4,559.81 crore.
Welfare of BCs: An amount of RS 2,022 crore is proposed to BCS under plan and non-plan
Welfare of Minorities: Rs 1,030 crore for welfare of minorities.
Kalyana Lakshmi: Rs 250 crore for Kalyana Lakshmi to give Rs 51,000 per girl for marriage purpose. Rs 150 crore for SCs, Rs 80 crore for STs and Rs 100 crore for Muslims.
Women and child welfare: Rs 10 crore proposed in the budget for strengthening safety and security measures for women.
At present eight eggs per month are being provided to children in the age gruop of seven months to three years. The eggs will be increased from eight to 16 per month. Children in the age group of three to six years will get 30 eggs per month instead of 16 eggs per month. Rs 1,103.88 crore earmarked for ICDS.
LPG connections: Rs 100 crore proposed for one-time free supply of LPG connections to the poor women.
Aasara: Pensions to handloom weavers and toddy tappers too will be increased. Rs 1,317.77 crore in the budget for payment of pensions to the aged and the widows. Rs 367.75 crore for payment of pensions for the disabled.
KG TO PG: The government is committed to overhauling and strengthening the public education system from KG to PG in phases. A token amount of Rs 25 crore is proposed in the budget to roll out new strategy for improvised KG to PG education.
Rs 940.73 crore for setting up of model schools at mandal level as benchmarks of excellence. Rs 119.63 crore for IIIT at Basara.
Medical and Health: Rs 100 crore each for improvements in Gandhi and Osmania hospitals. Rs 30 crore for Niloufer and RS 25 crore for King Koti hospital. Rs 50 crore for maternity hospitals at Petlaburz and Sultanbazar.
District hospitals will be upgraded into super speciality hospitals. Rs 1 crore each proposed to upgrade 42 area hospitals. Rs 40 croer for strengthening of eye, mental, chest and ENT hospitals. Rs 152 crore for medical college buildings. State to establish a health university at Warangal.
Industry: There was a negative growth of industry sector in Telangana by 0.9 per cent in 2012-13. Though growth marginally picked up to 2.7 per cent in 2013-14, it remains much below the desired level. For giving industrial growth a momentum, the State is set to release industrial policy. To establish a land bank with about 5 lakh acres for locting industries. Land will be handed over to Telangana State Industrial Infrastructure Corporation (TSIIC). Rs 100 crore provided in the budget for the same.
Rs 100 for power subsidy to industries. Rs 90 crore for Hyderabad Information Technology and Investment Region (ITIR). Government proposed to link research institutes, academia and industry in and around Hyderabad under the umbrella of "Research and Innovation Circle of Hyderabad (RICH).
Rs 19.30 crore for incentives to SC entrepreneurs to set up industrial units.
Power loom weavers: Loan waiver up to Rs 1 lakh per each weaver family.
Urban development: Installation of CCTVs in Hyderabad and Cyberabad Rs 44.59 and RS 25 crore proposed respectively. Rs 581 crore for Krishna and Godavari water supply schemes and sewerage improvement in Hyderabad.
Rs 374.73 crore under Centrally assisted development scheme for small and medium towns. Rs 200 crore under externally aided municipal development project for improvement of drinking water supply and sanitation facilities in municipalities. Rs 150 crore as assistance to municipalities under the award of the State Finance Commission.
Road Network: Rs 4,000 in the budget for improvement of road network. Government proposes to spend Rs 10,000 crore over two year time on road network.
About 1,000 new buses are proposed to be added to the existing fleet of TSRTC.
Energy sector: Measures taken to add 20,000 MW of power generation in next five years. With a view to augmenting power supply to agriculture, an amount of Rs 200 crore proposed in the budget to promote the use of solar pump sets. Rs 40 crore is provided to promote roof top solar power. Besides, servicing the bonds, a provision of Rs 1,000 crore has been proposed towards investments in TSGenco under State Plan. In addition, Rs 3,241.90 crore is provided to the energy sector under non-plan. This includes Rs 3,000 crore towards power subsidy.
Fores and Environment. Haritha Haaram to plan 230 crore saplings in next three to four years. A corpus fund of Rs 300 crore is proposed Haritha Haaram in the budget. Funds from the State Plan, CAMPA and MGNREGA will be tapped for the same. A forest college is proposed to be set up and RS 10 crore provided in the budget.
Culture, Tourism and Sports: Telangana Kala Bhavan at Hyderabad, Kaloji Cultural Centre at Warangal are proposed. Rs 15 crore earmaked for the same. Rs 11 crore proposed for the new scheme Samskrithika Sarathi to encourage artistes of Telangana
Yadagirigutta, a holy place, is proposed to be developed with Rs 100 crore on the lines of TTD. To develop 400 acres of Narasimha Abhayaranyam, parks, marriage halls, meditation centres, Veda Patasala and construct cottage in about 1,600 crore proposed in the budget.
Rs 100 core for Godavari Pushkaralu. Rs 60 crore for development of infrastructure in tourist destinations and circuits. Rs 90 crore for development of sports stadia and modernisation of sports facilities.
CDP: Constituency Development Fund for MLAs and MLCs has been increased from Rs 1 crore to Rs 1.5 crore. Rs 234 crore proposed in the budget.
Administrative Reforms: The State will shortly put in place a comprehensive Financial Management System. Once operational, all financial transactions in the state will be online eliminating discretion and delays ushering in a total transparent system of financial management.
Employee welfare: State is examining the issue of regularising contractual employees.
Housing: State is planning to take up the construction of houses with two bed rooms, a hall, kitchen, bathroom and a lavatroy at a unit cost of RS 3.5 lakhs. The amount proposed in the budget is Rs 1,000 crore.
Advocates: Rs 100 crore is provided for the welfare of advocates
Journalists: Rs 10 crore for the welfare journalists. To construct Journalist Bhavan at Hyderabad. The government has also decided to provide food security cards to all eligible families in the state.
ends
TS FM Speech
Express News Service
Hyderabad, November 5:
The efforts of Chief Minister K Chandrasekhar Rao in the last five months to reorient Telangana State are amply reflected in the first Budget of Telangana introduced by Finance Minister Etela Rajender to the State Legislative Assembly on Wednesday.
The Finance Minister presented the Budget of Rs 1,00,637.96 crore with a revenue surplus of Rs 301.02 crore. The net surplus budget is Rs 5.5 crore and it is tax free. However, the fiscal deficit is huge amounting to Rs 17,398.72 crore. The fiscal deficit as percentage of GSDP is 4.79. The State requested the Central government to allow more market borrowings for this year. The budget is for only ten months, up to March, 2015.
According to sources, in the last five months, the Telangana state spent only Rs 20,000 crore and decided to utilise the remaining amount of the Rs 1 lakh crore budget before March.
All the new schemes and programmes, which had already announced by the government, got due allocations in the Budget and they would be spend in the next four months. "We have decided to reduce the gap between the allocation and actual spending," the Finance Minister told reporters after the Budget speech. He said that the first Budget was intended to realise Bangaru Telangana.
In his maiden Budget speech, Rajender said: "Telangana State is the result of prolonged struggle by two generations of people over six decades during which many lost whatever little they had and some even their lives. This is a profound moment and I rise to present the first Budget for the new State of Telangana. This is also a historic occasion for four crore people of the State, as they take control of their own resourcesd and fate".
"I will ensure judicious use of revenues for fulfilling the hopes and aspirations of not only the present but also future generations," the Finance Minister said.
Rajender further added that "you are aware opportunities were lost and problems accumulated as a result of deliberate neglect of Telangana. The immense task before the government is not only to correct historic wrongs but also quickly impart social and economic justice for vast majority of the people.
quotes:
"I am pround and fortunate enough to present the first Budget for Telangana" - Finance Minister Etela Rajender
"The Budget truly reflected the aspirations of the people of Telangana," - Chief Minister K Chandrasekhar Rao
ends
Budget Guide
Express News Service
Hyderabad, November 4:
The newly formed 29th state Telangana is introducing its first full budget on Wednesday. Finance Minister Etela Rajender has the privilege to present the first budget under the leadership of Chief Minister K Chandrasekhar Rao. People have several hopes on the first budget. The details of the budget will be known only on Wednesday.
Here is the guide for the budget for the reader to understand in a better way their first budget.
BUDGET:
In the Constitution Budget is mentioned as "Annual Financial Statement". The term "Budget" is originally derived from the French word "Bougette" which means a leather bag. The Chancellor of the
Exchequer in Britain originally carried the financial proposals for the year to the House of Commons in a leather bag. Through usage,
gradually, the word "Budget" has come to be used to signify the
documents in the bag instead of the leather bag.
APPROVAL: All the expenditure incurred by the State should be
authorised by the Legislature. As it is not possible for the legislature to be in session throughout the year to scrutinise and approve the day to day monetary transactions of government, a system has been evolved by which the government prepares Budget for the ensuing year, showing all the anticipated receipts and expenditure
classified under certain broad heads of accounts.
All items of expenditure are broadly either "Charged" or "Voted".
"Charged", "Voted" Expenditure:
CHARGED: The emoluments and allowances of the Governor and other
expenditure relating to his office. The salaries and allowances of the Speaker and the Deputy Speaker of the Legislative Assembly and in the case of a State having Legislative Council, also of the Chairman and the Deputy Chairman of the Legislative Council.
Debt charges for which the State is liable including interest,
sinking fund charges and redemption charges, and other expenditure relating to the raising of loans and the service and redemption of debt. Expenditure in respect of the salaries and allowances of Judges of any High Court. Any sums required to satisfy any judgment, decree or award of any court or arbitral tribunal.
Any other expenditure declared by this Constitution, or by the
Legislature of the State by law, to be so charged.
VOTED: The other expenditure is treated as voted expenditure.
BUDGET DIVISIONS: The "Annual Financial Statement" or "Budget" consists of the following divisions. Consolidated Fund of the State, Contingency Fund of the State and Public Account of the State.
Consolidated Fund of the State: All revenues received by the State government, loans and borrowings comes under this.
The transactions relating to the receipts and expenditure out of
the Consolidated Fund are accounted for in three different Sections. Revenue Account, Capital Account and Loan Account Revenue Account/ Revenue Receipts.
Revenue Receipts Comprise:
Tax Revenue: Collections under land revenue, stamps and
registration fees, sales tax, State Excise, taxes on vehicles,
entertainment tax and also share in Central taxes.
Non-tax Revenue: Interest receipts, dividends on capital
investments, receipts of various departments like fees for
examinations, tuition fees, receipts on forest produces, receipts
from mines and minerals and also 'User Charges' collected by the
departments for providing services.
Grants-in-aid and Contributions: Grants-in-aid from the Central government for various plan and non-plan schemes, statutory grant,
state share of union excise duties.
Revenue Expenditure: The expenditure under Revenue Account incurred for administering the different departments of the government, for
payment of interest charges on the borrowings of the government, for relief measures on natural calamities and on the maintenance and repairs of various capital assets like buildings, roads and irrigation sources. Expenditure which does not result in
creation of assets is treated as revenue expenditure.
Revenue Surplus or Deficit: When the expenditure on revenue account is less than the revenue receipts, the difference is called the "Revenue Surplus" for the year and when it is more, the difference is called the "Revenue Deficit".
Capital Account: The Capital Account is the account of the expenditure of the capital nature i.e on acquisition of concrete assets of a lasting nature like purchase of land, construction of building, etc., which yield revenue or which avoid a recurring expenditure to government. All irrigation and electricity projects which are lasting assets and which yield revenues to government fall under Capital Assets and expenditure on construction of such projects is accounted for under Capital Account. The Buildings which save the government from recurring expenditure on rents are also considered as Capital Assets and the expenditure on construction of these buildings is classified under Capital Account.
Loan Account: The Loan Account is the account of Public Debt incurred and discharged and of loans and advances by the State government to local bodies, public sector undertakings, government servants and others and recoveries from them.
Demands for Grants. The estimates of expenditure from the Consolidated Fund included in the Budget Estimates and required to be voted by the
Legislature are presented to the Legislative Assembly in the form of demands for grants.
These detailed demands for grants show Head of the Department-wise details of the provisions included in the demands for grants for
expenditure for the previous year and the budget year and revised
estimates of the current year. They also give a break-up of the
estimates, i.e., details of the minor heads (Programmes) sub-heads
(Organization or Scheme), detailed heads (Object of expenditure) e.g. salaries, wages, travel expenses, machinery and equipment, grants-inaid,etc., sub-details under detailed heads like Pay, Allowances, Dearness Allowance etc.
Supplementary Demand: It often happens that in the course of a financial year, expenditure has to be incurred on items and schemes for which approval of the Legislature has not been taken in the Annual Financial Statement (Budget) or expenditure has to be incurred on the items and services in excess of the amount voted by the Legislature in the Budget. It may not be practicable to obtain the approval of the Legislature as and when an expenditure has to be incurred urgently on new items or schemes during the course of the financial year. Hence, in such cases the expenditure is incurred by Government by sanctioning advances from the Contingency Fund pending approval of the Legislature. When the Legislature meets, a supplementary statement showing the estimated expenditure on all such items is laid before the Legislature and its approval taken.
Public Accounts Committee: At the close of the financial year, the Accountant General submits the Audit Report 'Finance Accounts' and the ' Appropriation Accounts' to the Public Accounts Committee (PAC). PAC, which is formed from out of the members of Legislature, will examine the reports to know whether there are any financial losses sustained by government through fraud, negligence, inefficiency etc., of government servants, failure to collect the estimated taxes, wasteful expenditure, etc.
Contents of Budget Document: The Budget documents generally contain four sets of figures: The Accounts of the previous year, Budget Estimates of the current year as originally presented to the Legislature, Revised Estimate for the current year and Budget Estimate for the ensuing year.
Revenue receipts: Revenue receipts of government will be under three distinct groups. Tax Revenue, Non-tax Revenue and Grants-in-aid and Contributions.
For the purpose of expenditure the transactions of Government have been brought under different functions representing major divisions of the efforts such as Education, Agriculture etc.
These different functions of government have been grouped into 3
distinct sections: They are
(1) General Services: Covering Police, General Administration, etc.,
which are indispensable to the existence of an organised State;
(2) Social Services: Covering activities associated with provision of
services needed for community living such as education, medical and
health, social security services, etc.
(3) Economic services: dealing with activities or assistance
provided to agencies in the fields of production and trade, such as
agriculture, industry, power, irrigation etc.
Budget Speech: The Budget Speech contains a review of the financial position of the State for the previous year, current year and the coming year. The main purpose of the Budget speech is to explain the policies and programmes of the government and how far they had been implemented during the previous year and how they are going to be introduced and implemented in future.
ends
Hyderabad, November 4:
The newly formed 29th state Telangana is introducing its first full budget on Wednesday. Finance Minister Etela Rajender has the privilege to present the first budget under the leadership of Chief Minister K Chandrasekhar Rao. People have several hopes on the first budget. The details of the budget will be known only on Wednesday.
Here is the guide for the budget for the reader to understand in a better way their first budget.
BUDGET:
In the Constitution Budget is mentioned as "Annual Financial Statement". The term "Budget" is originally derived from the French word "Bougette" which means a leather bag. The Chancellor of the
Exchequer in Britain originally carried the financial proposals for the year to the House of Commons in a leather bag. Through usage,
gradually, the word "Budget" has come to be used to signify the
documents in the bag instead of the leather bag.
APPROVAL: All the expenditure incurred by the State should be
authorised by the Legislature. As it is not possible for the legislature to be in session throughout the year to scrutinise and approve the day to day monetary transactions of government, a system has been evolved by which the government prepares Budget for the ensuing year, showing all the anticipated receipts and expenditure
classified under certain broad heads of accounts.
All items of expenditure are broadly either "Charged" or "Voted".
"Charged", "Voted" Expenditure:
CHARGED: The emoluments and allowances of the Governor and other
expenditure relating to his office. The salaries and allowances of the Speaker and the Deputy Speaker of the Legislative Assembly and in the case of a State having Legislative Council, also of the Chairman and the Deputy Chairman of the Legislative Council.
Debt charges for which the State is liable including interest,
sinking fund charges and redemption charges, and other expenditure relating to the raising of loans and the service and redemption of debt. Expenditure in respect of the salaries and allowances of Judges of any High Court. Any sums required to satisfy any judgment, decree or award of any court or arbitral tribunal.
Any other expenditure declared by this Constitution, or by the
Legislature of the State by law, to be so charged.
VOTED: The other expenditure is treated as voted expenditure.
BUDGET DIVISIONS: The "Annual Financial Statement" or "Budget" consists of the following divisions. Consolidated Fund of the State, Contingency Fund of the State and Public Account of the State.
Consolidated Fund of the State: All revenues received by the State government, loans and borrowings comes under this.
The transactions relating to the receipts and expenditure out of
the Consolidated Fund are accounted for in three different Sections. Revenue Account, Capital Account and Loan Account Revenue Account/ Revenue Receipts.
Revenue Receipts Comprise:
Tax Revenue: Collections under land revenue, stamps and
registration fees, sales tax, State Excise, taxes on vehicles,
entertainment tax and also share in Central taxes.
Non-tax Revenue: Interest receipts, dividends on capital
investments, receipts of various departments like fees for
examinations, tuition fees, receipts on forest produces, receipts
from mines and minerals and also 'User Charges' collected by the
departments for providing services.
Grants-in-aid and Contributions: Grants-in-aid from the Central government for various plan and non-plan schemes, statutory grant,
state share of union excise duties.
Revenue Expenditure: The expenditure under Revenue Account incurred for administering the different departments of the government, for
payment of interest charges on the borrowings of the government, for relief measures on natural calamities and on the maintenance and repairs of various capital assets like buildings, roads and irrigation sources. Expenditure which does not result in
creation of assets is treated as revenue expenditure.
Revenue Surplus or Deficit: When the expenditure on revenue account is less than the revenue receipts, the difference is called the "Revenue Surplus" for the year and when it is more, the difference is called the "Revenue Deficit".
Capital Account: The Capital Account is the account of the expenditure of the capital nature i.e on acquisition of concrete assets of a lasting nature like purchase of land, construction of building, etc., which yield revenue or which avoid a recurring expenditure to government. All irrigation and electricity projects which are lasting assets and which yield revenues to government fall under Capital Assets and expenditure on construction of such projects is accounted for under Capital Account. The Buildings which save the government from recurring expenditure on rents are also considered as Capital Assets and the expenditure on construction of these buildings is classified under Capital Account.
Loan Account: The Loan Account is the account of Public Debt incurred and discharged and of loans and advances by the State government to local bodies, public sector undertakings, government servants and others and recoveries from them.
Demands for Grants. The estimates of expenditure from the Consolidated Fund included in the Budget Estimates and required to be voted by the
Legislature are presented to the Legislative Assembly in the form of demands for grants.
These detailed demands for grants show Head of the Department-wise details of the provisions included in the demands for grants for
expenditure for the previous year and the budget year and revised
estimates of the current year. They also give a break-up of the
estimates, i.e., details of the minor heads (Programmes) sub-heads
(Organization or Scheme), detailed heads (Object of expenditure) e.g. salaries, wages, travel expenses, machinery and equipment, grants-inaid,etc., sub-details under detailed heads like Pay, Allowances, Dearness Allowance etc.
Supplementary Demand: It often happens that in the course of a financial year, expenditure has to be incurred on items and schemes for which approval of the Legislature has not been taken in the Annual Financial Statement (Budget) or expenditure has to be incurred on the items and services in excess of the amount voted by the Legislature in the Budget. It may not be practicable to obtain the approval of the Legislature as and when an expenditure has to be incurred urgently on new items or schemes during the course of the financial year. Hence, in such cases the expenditure is incurred by Government by sanctioning advances from the Contingency Fund pending approval of the Legislature. When the Legislature meets, a supplementary statement showing the estimated expenditure on all such items is laid before the Legislature and its approval taken.
Public Accounts Committee: At the close of the financial year, the Accountant General submits the Audit Report 'Finance Accounts' and the ' Appropriation Accounts' to the Public Accounts Committee (PAC). PAC, which is formed from out of the members of Legislature, will examine the reports to know whether there are any financial losses sustained by government through fraud, negligence, inefficiency etc., of government servants, failure to collect the estimated taxes, wasteful expenditure, etc.
Contents of Budget Document: The Budget documents generally contain four sets of figures: The Accounts of the previous year, Budget Estimates of the current year as originally presented to the Legislature, Revised Estimate for the current year and Budget Estimate for the ensuing year.
Revenue receipts: Revenue receipts of government will be under three distinct groups. Tax Revenue, Non-tax Revenue and Grants-in-aid and Contributions.
For the purpose of expenditure the transactions of Government have been brought under different functions representing major divisions of the efforts such as Education, Agriculture etc.
These different functions of government have been grouped into 3
distinct sections: They are
(1) General Services: Covering Police, General Administration, etc.,
which are indispensable to the existence of an organised State;
(2) Social Services: Covering activities associated with provision of
services needed for community living such as education, medical and
health, social security services, etc.
(3) Economic services: dealing with activities or assistance
provided to agencies in the fields of production and trade, such as
agriculture, industry, power, irrigation etc.
Budget Speech: The Budget Speech contains a review of the financial position of the State for the previous year, current year and the coming year. The main purpose of the Budget speech is to explain the policies and programmes of the government and how far they had been implemented during the previous year and how they are going to be introduced and implemented in future.
ends
Wednesday, 20 March 2013
31 pc Fall in Excise Revenue
Express News Service
Hyderabad: The state's revenue from the excise department has been estimated to be 31.69 per cent less in 2013-14 than in 2012-13. The government estimated Rs 7,500 crore in 2013-14. It was Rs 10,500 crore in the 2012-13 budget.
Asked about the drastic fall in the excise revenue, finance minister Anam Ramanarayana Reddy said: "You should feel good about it". He, however, did not elaborate whether the government would discourage sale and consumption of liquor.
Though, the government constituted the 10th Pay Revision Commission (PRC), it did not show any hike in expenditure under the salary head. Sources said the PRC amount would be shown in next year's budget.
BUDGET AT A GLANCE
Head Amount (Rs in crore) Increase in %
Total Budget 1,61,348 10.62
Non-plan 1,01,926 11.00
Plan 59,422 9.98
Revenue Receipts 1,27,772 9.40
Share of central taxes 24,132 9.87
CSS, other grants-in-aid 15,803 5.71
Own tax revenue 72,443 9.73
Sales tax 52,500 16.66
Excise 7,500 -) 31.69
Stamps & registration 6,414 29.11
Non-tax revenue 15,393 11.12
Mines & Minerals 3,083 12.80
Revenue Expenditure 1,26,749 12.82
Non-plan 92,506 12.49
Plan 34,244 13.74
Revenue surplus 1,023
Total expenditure on capital and loan account 25,972 5
Fiscal deficit 24,487 (2.85% of GSDP)
GSDP 8,58,959
NON-PLAN
Major items of expenditure under non-plan budget (Rs crore)
Head 2012-13 2013-14
Salary 30,598 34,997
Interest payments 12,226 14,519
Loan repayment 8,813 8,627
Pensions 11,480 14,209
Non-salary 3,512 3,434
Maintenance 1,797 1,796
Total Subsidies 12,692 13,301
Rice subsidy 3,000 3,000
Power subsidy 5,500 5,700
Department-wise allocations
Irrigation 15,013 13,804
Panchayat raj 5,885 6,914
Municipal Admn 4,876 5,137
Education 4,801 4,982
BC Welfare 2,656 3,632
Transport, R&B 3,210 3,511
Agriculture, Co-op 2,819 3,091
Social Welfare 1,719 3,077
Women & Child Welfare 2,282 2,702
Medical & Health 2,364 2,580
Housing 1,900 1,923
Tribal Welfare 1,013 1,516
Planning 1,143 1,241
Minorities Welfare 482 1,020
Youth and Culture 343 489
Animal Husbandry 504 454
Revenue 399 375
IT 148 204
Law 102 102
Sub-plan Rs in crore
SC 8,585
ST 3,666
ends
Hyderabad: The state's revenue from the excise department has been estimated to be 31.69 per cent less in 2013-14 than in 2012-13. The government estimated Rs 7,500 crore in 2013-14. It was Rs 10,500 crore in the 2012-13 budget.
Asked about the drastic fall in the excise revenue, finance minister Anam Ramanarayana Reddy said: "You should feel good about it". He, however, did not elaborate whether the government would discourage sale and consumption of liquor.
Though, the government constituted the 10th Pay Revision Commission (PRC), it did not show any hike in expenditure under the salary head. Sources said the PRC amount would be shown in next year's budget.
BUDGET AT A GLANCE
Head Amount (Rs in crore) Increase in %
Total Budget 1,61,348 10.62
Non-plan 1,01,926 11.00
Plan 59,422 9.98
Revenue Receipts 1,27,772 9.40
Share of central taxes 24,132 9.87
CSS, other grants-in-aid 15,803 5.71
Own tax revenue 72,443 9.73
Sales tax 52,500 16.66
Excise 7,500 -) 31.69
Stamps & registration 6,414 29.11
Non-tax revenue 15,393 11.12
Mines & Minerals 3,083 12.80
Revenue Expenditure 1,26,749 12.82
Non-plan 92,506 12.49
Plan 34,244 13.74
Revenue surplus 1,023
Total expenditure on capital and loan account 25,972 5
Fiscal deficit 24,487 (2.85% of GSDP)
GSDP 8,58,959
NON-PLAN
Major items of expenditure under non-plan budget (Rs crore)
Head 2012-13 2013-14
Salary 30,598 34,997
Interest payments 12,226 14,519
Loan repayment 8,813 8,627
Pensions 11,480 14,209
Non-salary 3,512 3,434
Maintenance 1,797 1,796
Total Subsidies 12,692 13,301
Rice subsidy 3,000 3,000
Power subsidy 5,500 5,700
Department-wise allocations
Irrigation 15,013 13,804
Panchayat raj 5,885 6,914
Municipal Admn 4,876 5,137
Education 4,801 4,982
BC Welfare 2,656 3,632
Transport, R&B 3,210 3,511
Agriculture, Co-op 2,819 3,091
Social Welfare 1,719 3,077
Women & Child Welfare 2,282 2,702
Medical & Health 2,364 2,580
Housing 1,900 1,923
Tribal Welfare 1,013 1,516
Planning 1,143 1,241
Minorities Welfare 482 1,020
Youth and Culture 343 489
Animal Husbandry 504 454
Revenue 399 375
IT 148 204
Law 102 102
Sub-plan Rs in crore
SC 8,585
ST 3,666
ends
Per Capita Debt is Rs 21,258
Express News Service
Hyderabad, March 18:
Though Finance Minister Anam Ramanarayana Reddy claimed that the per capita income was more than tripled in a span of nine years, the per capita debt too increased manifold.
The debt on each person of the state as per the estimates of 2013-14 budget will be Rs 21,258 per every citizen. The total outstanding loans of the government is Rs 1,79,637.51 crore. The population of the state as per 2011 census is 8.4 crore. It means that the debt on each person is Rs 21,258.81.
However, in his budget speech, the Finance Minister said that the per capita income was increased from Rs 25,321 in 2004 to Rs 77,277 by 2012-13. He said that it was reflecting a definite positive impact of the developmental programmes on the standard of living of the people.
The socio-economic survey of 2012-13 presented to the Assembly on Monday stated: "interest payments against government debt had gone up from Rs 9,675 crore in 2010 to Rs 10,561 crore in 2011-12. The interest payment during 2011-12 increased by 9.15 per cent over previous year. The total outstanding debt by the end of March 2011-12 was Rs 1,35,646 crore, which comes to 20.70 per cent of the GSDP".
However, the economic survey said that the State government was well within the limits of the outstanding debt of 27.6 per cent fixed in the APFRBM Act.
ends
Hyderabad, March 18:
Though Finance Minister Anam Ramanarayana Reddy claimed that the per capita income was more than tripled in a span of nine years, the per capita debt too increased manifold.
The debt on each person of the state as per the estimates of 2013-14 budget will be Rs 21,258 per every citizen. The total outstanding loans of the government is Rs 1,79,637.51 crore. The population of the state as per 2011 census is 8.4 crore. It means that the debt on each person is Rs 21,258.81.
However, in his budget speech, the Finance Minister said that the per capita income was increased from Rs 25,321 in 2004 to Rs 77,277 by 2012-13. He said that it was reflecting a definite positive impact of the developmental programmes on the standard of living of the people.
The socio-economic survey of 2012-13 presented to the Assembly on Monday stated: "interest payments against government debt had gone up from Rs 9,675 crore in 2010 to Rs 10,561 crore in 2011-12. The interest payment during 2011-12 increased by 9.15 per cent over previous year. The total outstanding debt by the end of March 2011-12 was Rs 1,35,646 crore, which comes to 20.70 per cent of the GSDP".
However, the economic survey said that the State government was well within the limits of the outstanding debt of 27.6 per cent fixed in the APFRBM Act.
ends
Prices of Essentials Up, Foodgrain Output Down
Express News Service
Hyderabad: The living standards of people in the state have improved by and large, as per the socio-economic survey 2012-13 presented to the Assembly on Monday.
However, the prices of essential commodities increased. The survey said the average daily retail prices of rice, redgram and groundnut oil have shown an increase, whereas prices of tamarind, red chillies and onions have shown a decreasing trend from April to December 2012, when compared to the corresponding period last year.
LAND HOLDINGS: The average size of land holdings in the state declined to 1.08 hectares during 2010-11 from 1.20 hectares in 2005-06. The number of holdings has increased from 1.20 crore in 2005-06 to 1.32 crore in 2010-11.
However, the area under foodgrains is expected to be only 66.32 lakh ha in 2012-13 as against 72.89 lakh ha in 2011-12, showing a decline of 9.01 per cent. The total production of foodgrains in 2012-13 is expected to be 170.78 lakh tonne, while it was 184.02 lakh tonne in 2011-12, registering a decline of 13.24 lakh tonne (7.19 percent).
FIRST IN HORTICULTURE: The survey stated that Andhra Pradesh ranks first in the production of spices and fruits and third in the production of flowers in the country. AP ranked first in the production of citrus, papaya, oil palm and tomato; second in mango, cashew; third in loose flowers; and fourth in the production of banana in 2011.
The area under horticulture crops grew annually at the rate of 6 percent from 2001-02 to 2012-13 with the production growth being more impressive at 9.8 percent.
UNEMPLOYMENT DOWN: The unemployment rate decreased in the state from 1999-2000 to 2004-05 in both urban and rural areas.
The decline in urban unemployment from 39 to 36 points was sharper compared to rural unemployment from 8 to 7. The rural unemployment rate has however increased by five points from 7 in 2004-05 to 12 in 2009-10, whereas the urban unemployment rate decreased by five points from 36 to 31.
"The overall strategy for the 12th Plan should be to look beyond growth and focus on employment generation," the survey suggested.
LITERACY: Literacy rate in the state has witnessed an upward trend and is 67.66 per cent as per 2011 census. Of that, male literacy stands at 75.56 percent, while female literacy is at 59.74 percent. Literacy rate in AP stood at 60.47 percent in 2001, of which male and female literacy rates were 71.16 percent and 50.29 percent respectively. In actual numbers, total literates in AP are 5,14,38,510 of which 2,87,59,782 are male and 2,26,78,728 are female.
BLURB
Socio-economic survey suggests focus on employment generation
Hyderabad: The living standards of people in the state have improved by and large, as per the socio-economic survey 2012-13 presented to the Assembly on Monday.
However, the prices of essential commodities increased. The survey said the average daily retail prices of rice, redgram and groundnut oil have shown an increase, whereas prices of tamarind, red chillies and onions have shown a decreasing trend from April to December 2012, when compared to the corresponding period last year.
LAND HOLDINGS: The average size of land holdings in the state declined to 1.08 hectares during 2010-11 from 1.20 hectares in 2005-06. The number of holdings has increased from 1.20 crore in 2005-06 to 1.32 crore in 2010-11.
However, the area under foodgrains is expected to be only 66.32 lakh ha in 2012-13 as against 72.89 lakh ha in 2011-12, showing a decline of 9.01 per cent. The total production of foodgrains in 2012-13 is expected to be 170.78 lakh tonne, while it was 184.02 lakh tonne in 2011-12, registering a decline of 13.24 lakh tonne (7.19 percent).
FIRST IN HORTICULTURE: The survey stated that Andhra Pradesh ranks first in the production of spices and fruits and third in the production of flowers in the country. AP ranked first in the production of citrus, papaya, oil palm and tomato; second in mango, cashew; third in loose flowers; and fourth in the production of banana in 2011.
The area under horticulture crops grew annually at the rate of 6 percent from 2001-02 to 2012-13 with the production growth being more impressive at 9.8 percent.
UNEMPLOYMENT DOWN: The unemployment rate decreased in the state from 1999-2000 to 2004-05 in both urban and rural areas.
The decline in urban unemployment from 39 to 36 points was sharper compared to rural unemployment from 8 to 7. The rural unemployment rate has however increased by five points from 7 in 2004-05 to 12 in 2009-10, whereas the urban unemployment rate decreased by five points from 36 to 31.
"The overall strategy for the 12th Plan should be to look beyond growth and focus on employment generation," the survey suggested.
LITERACY: Literacy rate in the state has witnessed an upward trend and is 67.66 per cent as per 2011 census. Of that, male literacy stands at 75.56 percent, while female literacy is at 59.74 percent. Literacy rate in AP stood at 60.47 percent in 2001, of which male and female literacy rates were 71.16 percent and 50.29 percent respectively. In actual numbers, total literates in AP are 5,14,38,510 of which 2,87,59,782 are male and 2,26,78,728 are female.
BLURB
Socio-economic survey suggests focus on employment generation
New Schemes at a Glance
New Schemes at a Glance
Express News Service
Hyderabad: As it was an election budget, the state government introduced several new schemes. They are:
RAJIV DEEVENA: To provide pre-matric scholarships to 3 lakh SC students. Day-scholars to get `150 per month and hostellers `350. An allocation of `115 crore was made in the budget for the scheme.
TELUGU BATA: The government will organise cultural festivals at the district-level in the state to promote Telugu language and culture. Allocation: `25 crore.
ESSENTIAL COMMODITIES: As many as nine essential food items in a packaged form will be supplied from Uagadi. The basket of commodities includes wheat, wheat atta, sugar, redgram, palmolive oil, iodised salt, tamarind, chilli powder and turmeric. The benefit for each card holder is `1,284 per year and `660 crore was provided for the scheme.
NEW DIVISIONS: It is proposed to form 18 new revenue divisions and 52 urban mandals.
SOLAR HEATERS, PUMPSETS: It is proposed to encourage solar energy products like heaters in the domestic sector. The government earmarked `8 crore in the budget. Solar energy pumpsets will be provided to farmers. A provision of `30 crore was made in the budget estimates.
MARKET INTERVENTION FUND: To ensure minimum support price for crops like paddy, jowar, maize, ragi and pulses, the government proposed to create the Market Intervention Fund with `100 crore.
NATURAL CALAMITIES FUND: A fund with `589.04 crore will be created to provide immediate relief to farmers affected by natural calamities.
SERICULTURE: It is proposed to provide assistance for silk reeling in the form of subsidy. There will be interest subsidy (Pavala Vaddi) on working capital and incentives for private silk reelers for the raw silk produced.
FISHERIES: The fisheries database will be upgraded and a geographical information system (GIS) for the fisheries sector will be created. Online registration of marine fishing vessels will be done and biometric ID cards will be issued to the fishermen.
Express News Service
Hyderabad: As it was an election budget, the state government introduced several new schemes. They are:
RAJIV DEEVENA: To provide pre-matric scholarships to 3 lakh SC students. Day-scholars to get `150 per month and hostellers `350. An allocation of `115 crore was made in the budget for the scheme.
TELUGU BATA: The government will organise cultural festivals at the district-level in the state to promote Telugu language and culture. Allocation: `25 crore.
ESSENTIAL COMMODITIES: As many as nine essential food items in a packaged form will be supplied from Uagadi. The basket of commodities includes wheat, wheat atta, sugar, redgram, palmolive oil, iodised salt, tamarind, chilli powder and turmeric. The benefit for each card holder is `1,284 per year and `660 crore was provided for the scheme.
NEW DIVISIONS: It is proposed to form 18 new revenue divisions and 52 urban mandals.
SOLAR HEATERS, PUMPSETS: It is proposed to encourage solar energy products like heaters in the domestic sector. The government earmarked `8 crore in the budget. Solar energy pumpsets will be provided to farmers. A provision of `30 crore was made in the budget estimates.
MARKET INTERVENTION FUND: To ensure minimum support price for crops like paddy, jowar, maize, ragi and pulses, the government proposed to create the Market Intervention Fund with `100 crore.
NATURAL CALAMITIES FUND: A fund with `589.04 crore will be created to provide immediate relief to farmers affected by natural calamities.
SERICULTURE: It is proposed to provide assistance for silk reeling in the form of subsidy. There will be interest subsidy (Pavala Vaddi) on working capital and incentives for private silk reelers for the raw silk produced.
FISHERIES: The fisheries database will be upgraded and a geographical information system (GIS) for the fisheries sector will be created. Online registration of marine fishing vessels will be done and biometric ID cards will be issued to the fishermen.
Numbers mislead as real spending falls short of budget allocations
State was one among few states in the country to present a whopping Rs 1.61 lakh crore budget. But, the moot question is how far our governments are realistic in spending the amounts?. When one go through the actual amounts earmarked and actual spending in successive years, the spending was much below for key sectors.
Take for example, Irrigation sector, the State government's prestigious programme. The State government provided Rs 15,013 crore in the 2012-13 budget for Jalayagnam, a massive irrigation programme. But, it was able to spend around Rs 7,000 crore up to January, 2012. Thus, the government earmarked Rs 13,804 crore for irrigation in 2013-14 budget estimates. It was a decrease of Rs 1,209 crore this year.
However, Finance Minister Anam Ramanarayana Reddy defended himself for the decrease of amount to irrigation. "We are expecting that Pranahita-Chevella and Polavaram will be accorded national project status. Thus, the decrease of funds for irrigation sector," he explained.
Same was the case with minor irrigation. The expenditure in 201-12 budget under minor irrigation ws Rs 49.05 crore, the budget estimate for 2012-13 was Rs 63.56 crore. The revised estimate was Rs 59.51 crore and the budget estimate for 2013-14 was Rs 117.25 crore.
Providing infrastructure was another key area, where the actual spending was less. The plan budget of Roads, Buildings and Ports was Rs 1,26 crore in 2011-12. But, the budget estimate for 2012-13 was Rs 3,306 crore. The revised estimate for the same year was Rs 3,057 crore. Now, the budget estimate for 2013-14 was Rs 3,657 crore.
In some other key sectors, the estimates and revised estimates were same even though the amounts were not fully spent in the year.
As far as Energy department is concerned the State government spent more than the earmarked amount in view of the precarious power generation position. The estimates too were increased this year in view of the subsidies farmers and other issues.
The estimates of some key departments (plan expenditure)
GRAPH:
Tribal welfare Department:
The accounts for 2011-12 Rs 668 crore
The Budget estimate for 2012-13 - Rs 1,023 crore
The revised estimate for 2012-13 - Rs 997 crore
The estimate for 2013-14
Agriculture :
2012-13 budget estimates - Rs 2,207 crore
Revised estimates for 2012-13 - Rs 2,207 crore
Budget estimates for 2013-14 - Rs 2,494 crore
HIGHER EDUCATION :
Accounts for 2011-12 - Rs 574 crore
Estimates for 2012-13 - Rs 218 crore
Revised estimates for 2012-13 - Rs 167 crore
The estimates for 2013-14 - Rs 198 crore
SCHOOL EDUCATION:
Accounts for 2011-12 Rs 2,595 crore
Estimates for 2012-13 - Rs 3,844 crore
Revised estimates 2012-13 - Rs 2,924 crore
Estimates for 2013-14 - Rs 3,904 crore
TECHNICAL EDUCATION:
Accounts for 2011-12 - Rs 454 crore
Estimates for 2012-13 - Rs 738 crore
Revised estimates for 2012-13 - Rs 638
Estimates for 2013-14 - Rs 872 crore
MEDICAL AND HEALTH:
Accounts for 2011-12 - Rs 1,985 crore
Estimates for 2012-13 - Rs 2,364 crore
Revised estimates for 2012-13 - Rs 2,364 crore
Budget estimates for 2013-14 - Rs 2,580 crore
ENERGY:
Accounts for 2011-12 Rs 1,498 crore
Esitmates for 2012-13 Rs 3,893 crore
Revised estimates for 2012-13 - Rs 3,893 crore
The estimates for 2013-14 - Rs 5,749 crore
ends
Take for example, Irrigation sector, the State government's prestigious programme. The State government provided Rs 15,013 crore in the 2012-13 budget for Jalayagnam, a massive irrigation programme. But, it was able to spend around Rs 7,000 crore up to January, 2012. Thus, the government earmarked Rs 13,804 crore for irrigation in 2013-14 budget estimates. It was a decrease of Rs 1,209 crore this year.
However, Finance Minister Anam Ramanarayana Reddy defended himself for the decrease of amount to irrigation. "We are expecting that Pranahita-Chevella and Polavaram will be accorded national project status. Thus, the decrease of funds for irrigation sector," he explained.
Same was the case with minor irrigation. The expenditure in 201-12 budget under minor irrigation ws Rs 49.05 crore, the budget estimate for 2012-13 was Rs 63.56 crore. The revised estimate was Rs 59.51 crore and the budget estimate for 2013-14 was Rs 117.25 crore.
Providing infrastructure was another key area, where the actual spending was less. The plan budget of Roads, Buildings and Ports was Rs 1,26 crore in 2011-12. But, the budget estimate for 2012-13 was Rs 3,306 crore. The revised estimate for the same year was Rs 3,057 crore. Now, the budget estimate for 2013-14 was Rs 3,657 crore.
In some other key sectors, the estimates and revised estimates were same even though the amounts were not fully spent in the year.
As far as Energy department is concerned the State government spent more than the earmarked amount in view of the precarious power generation position. The estimates too were increased this year in view of the subsidies farmers and other issues.
The estimates of some key departments (plan expenditure)
GRAPH:
Tribal welfare Department:
The accounts for 2011-12 Rs 668 crore
The Budget estimate for 2012-13 - Rs 1,023 crore
The revised estimate for 2012-13 - Rs 997 crore
The estimate for 2013-14
Agriculture :
2012-13 budget estimates - Rs 2,207 crore
Revised estimates for 2012-13 - Rs 2,207 crore
Budget estimates for 2013-14 - Rs 2,494 crore
HIGHER EDUCATION :
Accounts for 2011-12 - Rs 574 crore
Estimates for 2012-13 - Rs 218 crore
Revised estimates for 2012-13 - Rs 167 crore
The estimates for 2013-14 - Rs 198 crore
SCHOOL EDUCATION:
Accounts for 2011-12 Rs 2,595 crore
Estimates for 2012-13 - Rs 3,844 crore
Revised estimates 2012-13 - Rs 2,924 crore
Estimates for 2013-14 - Rs 3,904 crore
TECHNICAL EDUCATION:
Accounts for 2011-12 - Rs 454 crore
Estimates for 2012-13 - Rs 738 crore
Revised estimates for 2012-13 - Rs 638
Estimates for 2013-14 - Rs 872 crore
MEDICAL AND HEALTH:
Accounts for 2011-12 - Rs 1,985 crore
Estimates for 2012-13 - Rs 2,364 crore
Revised estimates for 2012-13 - Rs 2,364 crore
Budget estimates for 2013-14 - Rs 2,580 crore
ENERGY:
Accounts for 2011-12 Rs 1,498 crore
Esitmates for 2012-13 Rs 3,893 crore
Revised estimates for 2012-13 - Rs 3,893 crore
The estimates for 2013-14 - Rs 5,749 crore
ends
Sunday, 17 March 2013
Thursday, 24 February 2011
Revenue loss due to stir temporary: FM
Express News Service
First Published : 24 Feb 2011 03:31:18 AM IST
Last Updated : 24 Feb 2011 10:56:37 AM IST
HYDERABAD: Finance Minister Anam Ramanarayana Reddy has said that the noncooperation movement launched by employees and people would only have a temporary impact on the revenue collections.
Addressing a press meet after the Budget presentation, the minister said excise, commercial tax, transport and stamps and registrations departments would get their collections later.
"The revenue loss is not a permanent one. The collections are deferred temporarily," the minister said.
On non-spending of the budgetary allocations in 201011, the minister said they still had time to spend the amounts till the end of March. "We will achieve our targets by March," he exuded confidence.
The State government had stopped the sale of government lands one year ago and it was determined to protect the lands, he said.
The minister projected savings on subsidy amounts to civil supplies and power departments this year by eliminating diversions and leakages.
"We are introducing Aadhar cards and it would check the irregularities in implementation of subsidised rice scheme. The transmission and distribution loss in power sector will be minimised. Thus, the government was expecting savings in subsidies," the minister said.
State to fund RTC: The minister said that the State government had decided to give Rs 200 crore loan to the RTC. It also permitted the RTC to raise more amounts from financial institutions.
This was to replace the old buses with about 6,000 new ones at a cost of Rs 1,000 crore, he added.
First Published : 24 Feb 2011 03:31:18 AM IST
Last Updated : 24 Feb 2011 10:56:37 AM IST
HYDERABAD: Finance Minister Anam Ramanarayana Reddy has said that the noncooperation movement launched by employees and people would only have a temporary impact on the revenue collections.
Addressing a press meet after the Budget presentation, the minister said excise, commercial tax, transport and stamps and registrations departments would get their collections later.
"The revenue loss is not a permanent one. The collections are deferred temporarily," the minister said.
On non-spending of the budgetary allocations in 201011, the minister said they still had time to spend the amounts till the end of March. "We will achieve our targets by March," he exuded confidence.
The State government had stopped the sale of government lands one year ago and it was determined to protect the lands, he said.
The minister projected savings on subsidy amounts to civil supplies and power departments this year by eliminating diversions and leakages.
"We are introducing Aadhar cards and it would check the irregularities in implementation of subsidised rice scheme. The transmission and distribution loss in power sector will be minimised. Thus, the government was expecting savings in subsidies," the minister said.
State to fund RTC: The minister said that the State government had decided to give Rs 200 crore loan to the RTC. It also permitted the RTC to raise more amounts from financial institutions.
This was to replace the old buses with about 6,000 new ones at a cost of Rs 1,000 crore, he added.
12 MLAs suspended for obstructing budget speech
Express News Service
First Published : 24 Feb 2011 03:25:29 AM IST
Last Updated : 24 Feb 2011 11:12:32 AM IST
HYDERABAD: Twelve MLAs belonging to TRS, CPI and BJP were suspended from the Assembly on Wednesday when they tried to disrupt the budget speech of finance minister Anam Ramanarayana Reddy demanding a resolution on Telangana.
The TRS members tried to snatch the budget copy as the minister began his address at 11.43 am.
However, the minister continued his speech. But his onehour long speech was shouted down by the Seemandhra TDP MLAs, who raised various issues including fee reimbursement.
All along the minister's speech, the TDP MLAs were on their feet raising slogans.
The TDP Telangana MLAs boycotted the budget speech and staged a dharna outside the Assembly. Pandemonium broke out in the House immediately after Ramanarayana Reddy started reading his budget speech.
The TRS members rushed to the minister's seat and obstructed his speech and displayed placards demanding T-state.
When they rushed towards finance minister's chair, the marshals bodily lifted them.
Minister Kanna Lakshminarayana moved a motion suspending seven TRS members.
Later, as the finance minister resumed his address, the CPI and BJP members rushed towards the finance minister but marshals prevented them from doing so. The housing minister then moved a motion for suspension of CPI and BJP member for the day.
Meanwhile, about 12 Congress MLAs belonging to YS Jagan group were on their feet on fee reimbursement issue, leaving the government further embarrassed and later walked out of the House.
Interestingly, some MLAs who included former minister P Subhashchandra Bose and Jayasudha stay put in the House.
The TDP Seemandhra MLAs stood on their seats and constantly raised slogans on price rise and other issues but the Finance Minister went on with his budget presentation.
Earlier in the day, the Deputy Speaker was forced to adjourn the House thrice when the members of TRS and Telangana TDP refused to hear his plea to cooperate for continuation of House proceedings.
Sensing that they would be suspended from the House before presentation of the budget, the TRS members did not enter the House when the session resumed at 10.38 am after the second adjournment.
However, the Deputy Speaker was forced to adjourn the House at about 10.44 am when the agitating Telangana TDP and CPI members with placards in their hands obstructed the proceedings.
First Published : 24 Feb 2011 03:25:29 AM IST
Last Updated : 24 Feb 2011 11:12:32 AM IST
HYDERABAD: Twelve MLAs belonging to TRS, CPI and BJP were suspended from the Assembly on Wednesday when they tried to disrupt the budget speech of finance minister Anam Ramanarayana Reddy demanding a resolution on Telangana.
The TRS members tried to snatch the budget copy as the minister began his address at 11.43 am.
However, the minister continued his speech. But his onehour long speech was shouted down by the Seemandhra TDP MLAs, who raised various issues including fee reimbursement.
All along the minister's speech, the TDP MLAs were on their feet raising slogans.
The TDP Telangana MLAs boycotted the budget speech and staged a dharna outside the Assembly. Pandemonium broke out in the House immediately after Ramanarayana Reddy started reading his budget speech.
The TRS members rushed to the minister's seat and obstructed his speech and displayed placards demanding T-state.
When they rushed towards finance minister's chair, the marshals bodily lifted them.
Minister Kanna Lakshminarayana moved a motion suspending seven TRS members.
Later, as the finance minister resumed his address, the CPI and BJP members rushed towards the finance minister but marshals prevented them from doing so. The housing minister then moved a motion for suspension of CPI and BJP member for the day.
Meanwhile, about 12 Congress MLAs belonging to YS Jagan group were on their feet on fee reimbursement issue, leaving the government further embarrassed and later walked out of the House.
Interestingly, some MLAs who included former minister P Subhashchandra Bose and Jayasudha stay put in the House.
The TDP Seemandhra MLAs stood on their seats and constantly raised slogans on price rise and other issues but the Finance Minister went on with his budget presentation.
Earlier in the day, the Deputy Speaker was forced to adjourn the House thrice when the members of TRS and Telangana TDP refused to hear his plea to cooperate for continuation of House proceedings.
Sensing that they would be suspended from the House before presentation of the budget, the TRS members did not enter the House when the session resumed at 10.38 am after the second adjournment.
However, the Deputy Speaker was forced to adjourn the House at about 10.44 am when the agitating Telangana TDP and CPI members with placards in their hands obstructed the proceedings.
Anam's maiden budget has no new schemes, taxes
Express News Service
First Published : 24 Feb 2011 03:30:54 AM IST
Last Updated : 24 Feb 2011 11:19:19 AM IST
HYDERABAD: Amid utter chaos and continuous slogan-shouting by the Opposition members, Finance Minister Anam Ramanarayana Reddy on Wednesday presented his maiden budget in the State Legislative Assembly for the year 2011-12.
The size of the budget has been increased by Rs 15,000 crore compared to the previous one, taking the total budget size to Rs 1,28,542 crore.
Ramanarayana Reddy claimed that he gave equal importance to both welfare and development and the Budget was aimed to achieve the goal of 'Haritaandhra Pradesh'.
It is estimated that the revenue surplus would be Rs 3,826 crore and fiscal deficit Rs 17,602 crore, which would be 2.95 per cent of the GSDP.
During his budget presentation, the finance minister said the economy was slowly recovering from the impact of recession and hoped that the State's economy would grow by 8.89 in 2010-11.
"The good growth in the GSDP is also expected to translate into buoyant revenue collections in the coming year at approximately 20 per cent higher than the current budget," the finance minister said.
Though there were no schemes announced in the Budget, the State government created a fund with Rs 400 crore to take up development and welfare activities in due course.
"Whenever the government wanted to take up new programmes, lack of budgetary allocation was coming in the way. This year we have created a fund with Rs 400 crore to overcome such a problem," the finance minister said.
On the flagship programme of the State, the Jalayagnam, the minister said the State had been putting pressure on the Centre for declaration of the Polavaram and the PranahitaChevella as national projects.
The Polavaram was in an advanced stage for consideration as a national project, while the PranahitaChevella was being pursued vigorously for clearances under AIBP to become eligible as national project.
In a decision which is likely to cheer government employees, the finance minister said the Rajiv Arogyasri Trust would also shortly administer the health care needs of government employees and pensioners. A scheme was being worked out, he said.
The government was committed to establishing Jana Aushadhi and Jana Jeevani centres in all the districts to market quality generic medicines at reasonable prices.
In addition to medical colleges in Nizamabad and Ongole, the government would also take up construction of a new building at a cost of Rs 200 cr for the Osmania General Hospital, Hyderabad.
The Constituency Development Programme would continue in 2011-12 and Rs 385 crore had been allocated for this, the minister said.
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