Govt proposes to raise plan expenditure by 18 pc

Plan expenditure is government spending on social sector schemes

PTI | March 16, 2012



The government on Friday proposed to increase the Plan expenditure for 2012-13 to Rs 5,21,025 crore, up around 18 per cent from the Budget estimates for the current fiscal.

However, the jump in the Plan expenditure for 2012-13 is 22.13 per cent when compared with the revised estimates of the same for current fiscal at Rs 4,26,604 crore.

The Budget 2011-12 estimated such expenditure at Rs 4,41,547 crore.

The Plan expenditure is the government spending on social sector schemes such as Bharat Nirman, rural employment guarantee and National Rural Health Mission. Besides, it includes Centre's assistance to various states and Union Territories Plans.

Presenting the Budget 2012-13 in the Lok Sabha, Finance Minister Pranab Mukherjee said, "The Plan expenditure for 2012-13 is Rs 5,21,025 crore, which is 18 per cent higher than budget estimates of 2011-12. This is higher than 15 per cent increase projected in the Approach to 12th Plan (2012-7)."

Expressing satisfaction over the Plan spending in 11th Five Year Plan (2007-12), Mukerhjee said, "I am happy to inform the members that in Eleventh Plan, we have been able to meet 99 per cent of the total outlay."

The non-Plan Expenditure for 2012-13 is budgeted at Rs 9,69,900 crore, which is 8.7 per cent higher than the revised estimates. It is 18.88 per cent higher than the budget estimates for the current fiscal.

Comments

 

Other News

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

A new retelling of the Mahabharata delves into key moments

In a time when every decision carries consequences and questions of ambition, power, loyalty, identity and moral choice continue to shape our lives, Dr. Arun Krishnan’s new book, ‘Mahakshana’ (Penguin India) offers a strikingly relevant retelling of the Mahabharata.  

Cabinet approves viability gap funding to develop grid-scale energy storage systems

The Union Cabinet, chaired by PM Narendra Modi, has approved the Viability Gap Funding (VGF) Scheme for Development of Grid-Scale Energy Storage Systems, with a total financial support of Rs.14,500 crore for the period FY 2026-27 to FY 2030-31. The scheme aims to support the development o

Cabinet creates a pathway to absorb Agniveers in Defence Forces

An objective assessment in terms of organisational requirements and operational efficiency has brought out the outstanding performance of Agniveers in terms of skills, motivation levels, physical fitness and technological prowess. As envisaged earlier, based on merit, 25% of Agniveers will be offered reg

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter