Nearly one-fourth of 2010-11 expenditure incurred in Mar 2011
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Nearly one-fourth of 2010-11 expenditure incurred in Mar 2011

Last Updated: Tuesday, April 24, 2012, 21:30
 
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Nearly one-fourth of 2010-11 expenditure incurred in Mar 2011
New Delhi: As much as 22 percent of government's total expenditure (excluding defence) of 2010-11 financial year was incurred in the month of March 2011 alone, Comptroller and Auditor General of India (CAG) said in its report today.

"An analysis of the total expenditure of the government from the Consolidated Fund of India for Civil ministries shows that 22 percent of the total annual expenditure of 2010-11 was incurred in March 2011," the CAG report said.

The main reason for this was the sharp increase in non-Plan expenditure in March 2011, it added.

According to the report, non-Plan expenditure, which averaged between 5-10 percent of the annual expenditure every month during the period, showed a sharp increase in March 2011 to 24 percent of the total non-Plan expenditure.

An analysis of expenditure of various ministries/ departments revealed the Ministry of Textiles and the Department of Heavy Industry spent as much as 63 and 60 percent respectively of their total expenditure on the last day of March 2011.

"The total expenditure of the Ministry of Textiles and the Department of Heavy Industry was at Rs 13,046 crore and Rs 2,109 crore respectively," it said.

The report also said the Plan expenditure showed quarterly peaks in the months of June, September and December of 2010 and March 2011 - showing a pronounced increase in March 2011 to 18 percent of the total plan expenditure.

"The total Plan expenditure of the Union in 2007-08 was Rs 2,05,082 crore, which increased to Rs 3,03,593 crore during 2009-10. This further increased to Rs 3,79,065 crore during 2010-11, being 27 percent of the actual expenditure," it added.

PTI



First Published: Tuesday, April 24, 2012, 21:30


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