Wellness looms large in first quarter income spending – The New Indian Express
VIJAYAWADA: Much of the total expenditure of Rs 98,012.31 crore for the first and second quarters of the current fiscal year, went to the implementation of social protection programs, including Navaratnalu. expenditure against the state budget for fiscal year 2021-22 at the end of the first and second quarters in the assembly on Thursday. The state budget forecast for fiscal year 2021-22 is Rs 2,29,779.27 crore.
Of the total expenditure of Rs 51,970 crore in the first quarter (April to June), the Agriculture Department spent Rs 5,995.25 crore, the British Columbia Welfare Department Rs 4,963, 50 crore, Department of Family Welfare Rs 2,633.83 crore, Department of Social Welfare Rs 1,371.72 crore, Women’s Development and Child Welfare Department Rs 773.99 crore, Department tribal welfare Rs 526.11 crore, school education department Rs 5,476.65 crore, medical education department Rs 1,174.87 crore and public health and family welfare department Rs 405.70 crore .
In the second quarter (July to September) of the current fiscal year, out of the total expenditure of Rs 46,041.36 crore, the Ministry of Agriculture spent Rs 640.92 crore, the Ministry of Social Protection of Colombia -British Rs 4,101.42 crore, Department of Family Welfare Rs 1,834.44 crore, Department of Social Welfare Rs 867.57 crore, Department of Women’s Development and Child Welfare Rs 906.40 crore, department of tribal welfare Rs 387.22 crore, department of school education Rs 5,251.85 crore, department of medical education Rs 1,022.68 crore and department of public health and welfare be family Rs 449.08 crore.
Total spending in the first two quarters amounted to Rs 1,12,113.68 crore, including Rs 58,958.47 crore in the first quarter, which is 25.66% of the budget estimate. In the second quarter, spending fell to Rs 53,155.21 crore, or 23.13% of the budget. In the second quarter, it was Rs 46,041.36 crore, or 25.13% of the budget. Revenue expenses include salaries, pensions, interest payments, grants, maintenance, Navaratnalu, manifesto programs, and other grant expenses.
Capital expenditure in the first quarter amounted to Rs 4,606.34 crore and it decreased to Rs 2,105.26 crore in the second quarter. In the first quarter, open market loans of Rs 14,000 crore, loans of Rs 234.89 crore from the Center and other loans (NABARD, NCDC) amounting to Rs 33.46 crore were taken out by the state government. In the second quarter, the government took Rs 11,750 crore open market loans, Rs 1,932 crore in Center loans and Rs 28.76 crore in other loans. Public debt repayment stood at Rs 2,131.91 crore in the first quarter, compared to Rs 4,543.62 crore in the second quarter.
The state budget deficit during the first two quarters of the current fiscal year stood at Rs 39,914.18 crore, while the revenue deficit was Rs 33,140.62 crore. In the first quarter, the budget deficit stood at Rs 25,874.28 crore, while the revenue deficit was Rs 21,242.15 crore. It declined to Rs 14,039.90 crore and Rs 11,898.47 crore respectively in the second quarter. Total revenue for the first two quarters amounted to Rs 64,871.69 crore with the first quarter accounting for Rs 30,728.80 crore.
In the second quarter, revenue increased to Rs 34,142.89 crore. Tax revenues are made up of tax revenues, non-tax revenues, the share of central taxes and subsidies. In the first quarter, revenue receipts amounted to 17.34% of the budget forecast, compared to 19.27% in the second quarter. Tax revenue for the first quarter amounted to Rs 15,684.70 crore, or 18.39% of the budget.
In the second quarter, it rose to Rs 18,774.32 crore, or 22.01% of the budget. Total tax revenue for the first two quarters stood at Rs 64,871.69 crore.
In accordance with the recommendations of the 15th Finance Committee, the deconcentration of the share of central taxes amounted to 41%. The Center released Rs 4,756 crore in April-June and Rs 5,772 crore in July-September. Central aid to state development programs stood at Rs 3,593.07 crore in the first quarter and declined slightly to Rs 3,079.99 crore in the second quarter. Total capital receipts for the first two quarters stood at Rs 47,162.12 crore (Rs 28,203.21 crore in the first quarter). Revenue declined to Rs 18,958.91 crore in the second quarter.
Focus on medicine and health, says Jagan
Speaking to the State Assembly on Thursday, Chief Minister Jagan Mohan Reddy said his government had taken several groundbreaking steps to bring about radical change in the medical and healthcare sector.