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50% of total outlay spent till Q3 in Bihar

Fifty percent of the total plan outlay was utilised till the end of the third quarter of 2011-12 fiscal in Bihar, according to the state`s outcome budget report.



Patna: Fifty percent of the total plan
outlay was utilised till the end of the third quarter of
2011-12 fiscal in Bihar, according to the state`s outcome
budget report.

A sum of Rs 12,083 crore was spent out of the total plan
outlay of Rs 24,000 crore at the close of the third quarter in
2011-12 fiscal, said the report which was tabled in both
houses of state legislature by the Deputy Chief Minister
Sushil Kumar Modi yesterday.

The amount registered a rise of 8.94 percent compared to
the expenditure in the corresponding period last year.

According to the report, the government`s internal
resources of Rs 8,403 crore in the third quarter is a rise of
26 percent from the period last year.

The report said the commercial tax department generated
Rs 4,106 crore in the third quarter which was 24 percent
increase over that of the corresponding period previous year.

The transport department has also increased its revenue
base by 24.24 percent compared to the same period of 2010-11.

PTI

From Zee News

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