Home » Delhi govt to spend Rs 374 bn in 2013-14

Delhi govt to spend Rs 374 bn in 2013-14

Delhi govt to spend Rs 374 bn in 2013-14
Shares

Delhi Chief Minister Sheila Dikshit presented the budget for 2013-14 which pegged the overall outlay for the financial year at Rs 37,450 crore.

While the state government allocated Rs 16,000 crore for plan expenditure, the total non plan expenditure has been proposed at Rs 21,000 crore.

Thus, the plan expenditure constitutes 43 per cent of the total budget while non-plan expenditure is 56 per cent. One per cent of the total outlay has been set aside for centrally-sponsored schemes.

The state government would meet the proposed total expenditure of Rs 37,450 crore from the tax revenue of
Rs 30,454 crore, non-tax revenue of Rs 913 crore, capital receipts of Rs 4,113 crore and grant-in-aid of Rs 2,701 crore from the central government.

Consequently, Delhi government’s own resources would meet 94 per cent of the total expenditure, while six per cent will come as grant from the centre.

The Rs 30,454 crore total tax revenue in the financial year 2013-14 represents an increase of 16 per cent against a total tax collection of Rs 26,150 crore in 2012-13.

Talking about tax revenue, Dikshit said government expects to collect Rs 19,500 crore from VAT, Rs 5,300 crore from stamps and registration fees, Rs 3,500 crore from excise duty, Rs 1,600 crore from taxes on motor vehicles and Rs 550 crore from luxury tax, entertainment tax and betting tax.

Leave a Reply