The Assam Government has witnessed a record growth in expenditure in the year 2016-17, investing Rs 53,562 crore compared to previous year’s (2015-16) figure of Rs 39,805 crore, which included salary, pension, plan and non-plan amounts. The State’s own revenue collected in 2016-17, too, stands at Rs 15,620 crore, against Rs 12,848 crore in the preceding year.
Highest revenue collection in India
State Finance Minister Himanta Biswa Sarma, while talking to media persons today, claimed that the rate of growth in both expenditure and revenue collection is the highest in the country.
‘While a jump of 34.56 per cent was witnessed in expenditure compared to last year, the rate of increase in the revenue collection has been recorded to be 21.60 per cent,’ informed Sarma.
‘I had said that we are targeting the plan fund utilisation of 70 per cent in the year 2016-17. I am happy to inform you that a plan expenditure of 64.46 per cent could be achieved compared to 37 per cent of last year,’ the Minister said, while providing a comparative status of the State’s financial health between the last year of the Congress reign in 2015-16 and the first year the BJP-led government in 2016-17.
He also provided figures which indicate that there was an ‘unnatural’ dip in the collection of royatly from Forest and Mines and minerals in the year 2015-16 compared to 2014-15 during the erstwhile Congress government.
On digital payments, the Minister said that the State Government has made digital payments worth Rs 42,340 crore in the 2016-17 compared to Rs 33,357 in the last year.
‘This means that of the total expenditure of Rs 53,562 crore, nearly 80 per cent payments were made digitally. We are planning to head towards 100 per cent digitisation in payments and receipts,’ the Minister said. Digital receipts in the year 2016-17 was Rs 8,343 crore compared to Rs 6,875 crore in 2015-16.
Records made available, however, reflected that except a drop in the collection of revenue under the ‘Registration’ head, from Rs 224 crore in 2015-16 to Rs 213 crore in 2016-17, there was marked improvement in all other heads, including Transport and Land revenue.
Source: The Assam Tribune