Government of Meghalaya
Budget Speech

1975 76

By

Shri Brington Buhai Lyngdoh

Finance Minister, Meghalaya

12th March, 1975

 

 

Mr. Speaker, Sir,

     I rise to present the Budget estimates of the Government of Meghalaya for the financial  year 1975-76.

Economic situation

     The year 1974-75 has been one of the most difficult periods in the economic history of the country. During this period inflationary increases in prices had reached an all time high level. This was due to various factors both internal and international. The international factors were mainly the rise in price of crude oil and other petroleum products as also of the foodgrains in the international market. The erratic behavior of monsoon resulted in shortfall in agricultural production in the country. Moreover, there were difficulties in respect of power generation. As a combined effect of all these factors, the rate of growth of economy slowed down and some stagnation was noticed in the sphere of industrial production. There was a continuous upward trend in prices. The wholesale price index, with 100 (in 1961-62) as base, which had risen to 263.9 on 22nd December, 1973, reached the level of 328.7 in September, 1974.

Corrective measures

2. With a view to curbing inflationary trends, the Government of  India  took corrective measures. Maximum possible economy was  effected in the non-plan expenditure and every attempt was made to keep deficit financing within reasonable limits. In regard to the plan expenditure, there was more emphasis on productive schemes and core sectors. A number of ordinances were promulgated which have since become law.  The object of these measures was to restrict the money supply and the purchasing power in the hands of the people so as to reduce the imbalance between demand and supply. Restrictions were also imposed on the payment of dividends by the companies. Another measure undertaken in this regard provided for compulsory deposit of specific  portion of income by those in relatively higher groups of income by those in relatively higher groups of income-tax payers. The Reserve Bank of India also took certain steps such as tightening its control over bank credit, raising of bank rate and also raising of the rates of interest on deposits with a view to encouraging savings. The bringing in of smuggling within the purview of MISA and the necessary action in  pursuance  of this measure has resulted in curbing the black money. These measures have comparatively eased the situation. A distinct slowing  down in the rate of money supply was noticed. The price indices have also shown a downward trend.  There has been some improvement in the economy and the coming year is expected to show a better prospect in this regard.

       The State Government have also taken such supporting action in this regard as was necessary and possible in the context of the situation in the State. Economy measures were adopted with a view to pruning the avoidable expenditure. Emphasis is being continued on productive sectors and schemes. Even though our budget for 1974-75 as presented, showed a net closing deficit of about Rs.94.75 lakhs it is expected that owing to better administration and recovery of resources, curtailment of nonessential expenditure by economy measures and better monitoring of the ways and means position the deficit would come down to a modest sum of Rs.11.79 lakhs as the year closes.

Natural  Calamities

3.  As  many as seven waves of floods occurred in the entire plains areas of the Garo Hills  and some low lying border areas and valleys of Jaintia and Khasi  Hills. We had the heaviest known rainfall in living memory. There was extensive damage to the crops as well as to the dwelling houses, roads, bunds and culverts. The total area affected by the flood was 176.43 sq. K.M. and the total damage of crops, etc. has been very high. The measures taken by the State Government include extension of gratuitous relief in deserving cases as far as possible and the distribution  of seeds  on grant-cum-loan basis with a view to assisting cultivators. The total cost of test relief schemes undertaken to provide employment to the people in affected areas amounted to more than Rs.22 lakhs. The gratuitous relief sanctioned to the affected population amounted to Rs.2,12,258 and the seed loan-cum-grant  amounted to more than Rs.5 lakhs. In this connection I would like to mention that the meagre provision of Rs.4 lakhs per annum for expenditure on natural calamities as made by the Sixth Finance Commission falls for short of the requirement and actual expenditure. 

Fifth Plan

4.   The size of the Fifth Plan has not yet been determined in view of the uncertainty on the resources front, due to the fast increasing prices, and other factors. In my Budget Speech for the last year, I had made a reference to the  tentative allocation of Rs.84.21 crores for the fifth Five Year Plan of the State. This tentative size as suggested by the Planning Commission falls short of even the bare needs of development for the State and would require considerable step-up.

        In the context of the present economic situation, the need for expeditious and effective  implementation of plan programmes needs no reiteration. The only way to cope with the present situation  is to take all steps to increase rate of economic growth and ensure expansion of activities in  productive sectors.

Annual Plan

5.    Meghalaya's  Annual  Plan 1974-75 has  an outlay of Rs.13.63 crores which includes an outlay of Rs.2.06 crores for the Minimum Needs Programme. According to tentative estimates, this outlay is likely to be fully utilised except in the field of Rural Electrification. he Rural Electrification Programme was based on the loans  from the Rural Electrification Corporation (R.E.C.) to the extent of Rs.1.30 crores. the progress in the formulation of these schemes by the A.S.E.B. was rather slow and a major part of the amount is unlikely to be utilised. Apart from this, no other major shortfall in the utilisastion of Plan outlays is anticipated this year, and most outlays would be fully utilised. the N.E.C. schemes  for Meghalaya during 1974-75 up. Besides there are Centrally Sponsored Schemes to the extent of Rs.199.01 lakhs.

Reappraisal of the Priorities

6.    In the light of the current economic situation a reprisal of the Plan priorities has been done and a new strategy has been decided. In view of the escalation in the cost of in-puts increase in outlays seems necessary. considering overall constraint of resources. Substantial increase in the Plan outlays does not seem possible. However, outlays in certain productive sectors for the Annual Plan 1975-76 have been  stepped up. Apart from placing emphasis on productive programmes under Agriculture and  allied sectors in view of the requirements of the State, emphasis on transport and communication  is also necessary. The building up of communication net-work is considered necessary for developing infrastructure for Industrial Development as well as for improving marketing  facilities for agricultural produces. Increased emphasis  on power development is also necessary for ensuring development of irrigation facilities for agricultural production and facilitating industrial development in the State. In this context, the State Government expect that their requirement for power development and generation schemes will be given due consideration by the Planning Commission and the Government of India.

Plan for 1975-76

7.    As the result of a series of discussions with the Planning Commission, the tentative outlay for the annual plan for 1975-76 has been fixed at Rs.14.73 crores including the provision  for loans to Government servants for house building which from the current year is being depicted in the Plan aside of the budget. The Plan outlay also includes an allocation for power of Rs.2.13 crores which is the amount to go directly to the State electricity Board from financial  institutions such as the Life Insurance Corporation and the Rural Electrification Corporation. This excludes the outlay for power generation and transmission schemes as well as the major part of the outlay on the administrative  buildings which, according to the latest scheme of classification, has to be accounted  for in the Plan. The question of augmentation of plan outlay in keeping  with these requirements has been  taken up with the Planning Commission. We expect just and fair consideration of our requirements in this regard from the Planning Commission and the Government of India.

8.   I have broadly describe the current economic situation, both in the country and in Meghalaya and the priorities and outlays of  our Annual Plan for the next year. The details of the economic programmes of the Government have been furnished to this august House  through a supplementary note which has  been laid  in the House. I would not, therefore, like to take the valuable time of the House in repeating what has been said in that supplement. However, before I proceed on to discuss the important aspects of the Budget proposals for 1975-76, I would like briefly to go through the performance and the programmes of the Government in important economic and administrative fields.

Agriculture

9.   That Agriculture should from the sheet anchor of any programme of economic development in a pre-dominantly rural society, such as ours, needs no emphasis and has been well recognised. Thus in the scheme of Planning Agriculture and its allied sectors have been accorded the highest priority. Our programme for Agriculture envisaged an annual growth rate of 4 percent for foodgrains production and 4.9 percent for other crops during the Fifth Five-Year Plan. The estimated foodgrains  production in 1973-74 is 1.25 lakh tonnes. A 4 percent increase on this base figure has not been possible during 1974-75 as the current year  has been one of the most unfavorable years for agriculture. Hon'ble Members are no doubt fully aware of the devastating and consecutive floods which affected our summer paddy (Ahu) as well as the winter (Sali) paddy in the plains areas of Garo Hills district. The  upland paddy grown in the hill areas of the State was also badly damaged due to the unprecedented high level of rainfall during the year 1974. It may be of general interest to mention  here that at Cherrapunjee, the world's renowned wettest place, the rainfall during 1974 was  2455.4 cms or 982 inches as against 1093.6 cms or 437 inches during 1973and this was perhaps this highest ever recorded. The increase in rainfall in most of the other areas of the State was more or less of similar proportion during 1974 compared to 1973. A general reduction in the average agricultural yield during 1974-75 was therefore feared. However, the State Government took action to provide winter paddy (Sali) seeds to the major affected areas  for subsequent replanting whenever possible and also seeds for Rabi crops such as  Boro paddy, Wheat, Mustard, Pulses etc. Owing to the measures taken to offset the damages caused by the flood, it is anticipated that the foodgrains production would remain during 1974-75 , at least at the level of 1973-74 i.e., 1.25 lakh tonnes.

     The target for foodgrains during 1975-76 is 1.35 lakh tonnes. This is expected to achieved through various programmes including an increase in area under high yielding varieties of crops, application of fertilizers and manures and other improved practices.

     Potato is an important crop of the State. Last year, the crop was seriously affected by 'blight' caused by unfavorable weather conditions and high rainfall and the anticipated higher yield could not be achieved. Steps are being taken to introduce better yielding and disease-resistant varieties, particularly Kufrijyoti, in large quantities.

     n the horticultural front, a special programme for rejuvenation of Citrus orchards has been started on a limited scale. Depending has been started on a limited scale. Depending on its success, the scheme  would be taken up more intensively.

Irrigation

10.   Irrigation schemes, as was mentioned by me last year, are now taken up only departmentally. A number of schemes have been surveyed covering all the districts and work on 3 flow irrigation schemes and 5 lift irrigation schemes are under process. These may not be completed during the current year but would benefit the farmers from next year onwards.

Soil Conservation

11.   With an outlay of Rs.1.00 crore during 1974-75 and Rs.1.10 crores during 1975-76, Soil Conservation represents a major and important programme of economic development in the State. 14 programmes, 8 in Garo Hills and 3 each in Khasi and Jaintia Hills, have been taken up to settle about 900 jhumming families under permanent cultivation practices. The programme is bold and novel. It represents efforts to lift  people, used to primitive methods of destructive and labour expensive agriculture, to a different  level of agricultural technology involving new skills and tools. A Soil Conservation Scheme in Garo Hills with  and outlay of Rs.8.35  lakhs is being taken up during the current year under the N.E.C. programme .During 1975-76, the package programme for controlling shifting cultivation would continue and another 900 families are expected to be benefited. In addition, extension of permanent cultivation areas in other places, erosion control measures, development of fodder and pasture areas, etc., would continue.

Animal Husbandry

12.   Animal Husbandry is an integral part of an Agricultural economy. The programmes of the Government  in this sector are designed to increase Veterinary facilities, strengthening of the livestock and poultry  farms to meet the requirements of breeding stock to step up production of protective and protein rich foods, like milk, meat and eggs and to educate the farmers in modern livestock husbandry technology. Various measures have been taken to achieve these objectives. The establishment of the Indo-Danish Project and establishment of poultry and cattle farms have been mentioned  in my last budget speech. These programmes have progressed satisfactorily . The N.E.C.  has also sanctioned a Dairy development project at Nongstoin and a crossbred cattle breeding farm at Kyrdemkulai during the current year and work on these projects would commence soon. Hon'ble Member would be happy to know that  in the All-India Livestock Show held in Delhi in November last year several of our exhibits won prizes in competition with livestock brought from other States advanced in Animal Husbandry.  One of the severe handicaps faced by the Government in this sector is lack of adequate trained personnel. Attempts are being made to train more personnel for this purpose.

Co-operation

13.   In the sphere of co-operation, emphasis is being placed on all the aspects of co-operative movement, namely, marketing, expansion of the consumers co-operatives and rural credit. With a view to utilising the co-operative institutions as effective channels of  marketing agricultural produce, and to assist them in their endeavours in this regard, a Co-operative Apex Marketing Federation is being set up. For the extension of rural credit for productive purposes, taking up of necessary  measures for bringing down the over-dues is necessary . The consumers Co-operatives play an important role as links in the chain of public distribution system for essential  commodities. It  is expected that with the implementation of the Master-Plan drawn up by the Department in consultation with the  Reserve Bank of India, the co-operative movement in the State will show the desired improvement.

Community Development

14.    As Hon'ble Members are aware, the Development blocks in Meghalaya perform more functions than similar agencies in  other States. They are virtually the focal points of local administration and function as administrative outposts or units. In order to involve local leaders and non-officials more in the programmes of the Block agency, the Government have appointed non-official Chairman. This is an important step in promoting the functioning of the Block as an integrated unit of planning and development. Programmes such as Appalled  Nutrition Programme, covering 7 Blocks, Special Nutrition  Programme, covering 6 blocks, Special Nutrition Programme, etc., continues to be administered through the Blocks. I had mentioned in my last Budget Speech about the proposals to channelise funds for development through the Block agencies. The allocation fro this purpose will be Rs.21.00 lakhs for the year 1975-76.

      The allocation for the Blocks at present also includes the outlay sanctioned by the Government of India for the Tribal Development Blocks from the next year has come as a shock. The question of continuing the financial assistance for the Tribal Development Blocks has been taken up with the Government of India.

Special Programme for the  Backward Classes

15.  As the Hon'ble Members are aware, though the entire State of Meghalaya is backward, yet there are areas  which are more backward compared to the remaining areas in the State. The Fifth Plan of the State includes  a special programme for the development of these areas. The programme includes a survey to identify in a more definite and precise manner the backward areas on the basis  of accepted  economic indicators and preparation of integrated project reports for making up the gaps in development in these areas. This special programme is also being implemented through the Community Development Department.

Communication

16.   The programme relating to development of communication consists of the schemes for construction  of new roads and surfacing of the existing roads. Work on the construction and improvement of strategic and border roads, national high-ways and roads under the schemes assisted by the North Eastern Council is also proceeding satisfactorily.

Industries

 17.   Apart from the Associated Beverages, Meghalaya  Plywood's and Komorrah Limestone Mining Company Ltd., which are  functioning a beginning has been made towards utilisation of tezpata by the setting up of a distillation centre of Meghalaya Essential Oils and Chemicals Ltd., at Mawshamok. The distillation of tezpata will enable the processing of one of the important  produces of the border areas. the work relating to the setting up of a jute mill is in progress. Work on the setting up of Fruit processing and canning units and roller flour mill will also start soon. The  proposed clinker factory will provide the  nucleus for industrial development and exploitation of the resources of Nangalbibra areas in Garo Hills. The programme for expansion of sericulture and weaving and small and cottage industries  in the State will continue under the plan.

Supplies of Essential Commodities

18.    Our State has to depend to a very large extent for supplies of essential commodities on sources outside the State. At present the responsibility of  arranging foodgrains supplies rest with the Food Corporation of India. for anxiety due to the breakdown of supplies. The State Government took the necessary supporting action by setting up of check-gates to prevent smuggling of foodgrains outside the State. The supplies of essential commodities will be maintained through the public distribution system and the co-operative consumers stores and fair price shops.

Tourism 

19.    The schemes already undertaken continue. Work on the improvement of Shillong  as an important tourist centre has been progressing. A tourist festival  organised in Shillong in October, 1974, evoked good response Development works on providing facilities to tourists at the Tura Peak at Tura and improvement of the Thadlaskein lake at Jowai have been taken up.

Labour and Employment

20. A State Employment Market Information  wing and a training wing for Industrial  Training Institute and Apprenticeship training have been set up at the State Headquarters. Other earlier schemes are continuing. The number of employment seekers  in the registers of the five Employment exchanges in the State on 31st December, 1974, was 7027 as against 6927 on 31st  December 1973, with a slight rise in the number of educated employment seekers (matriculates and above) Most of the persons registered belong to the age group of  20-24 years followed by those between 15to 19 years.

     Measures have been and will continue to be taken by the Government to provide employment opportunities through Plan Programmes as well as other measures.

Fisheries 

21.   The scheme for creation of flexible sausage dams across streams to provide proper protection to fish from indiscriminate exploitation has received good response. Attempts to  introduce exotic varieties of fish like Trout in the streams and reservoirs are also being made.

Forests

22.    The Hill areas of the Sate provide ideal climatic and geographic conditions for the abundant growth of forests which from the most beneficial renewable resource for the State. Development of forest wealth of the State is essential  for preventing soil erosion and building up raw materials for the growth of agro-industries  in the State. Considering the large areas of forests under the control and management of the District Councils, the efforts of the Government will be to work in close co-operation with the Councils. the setting up of Forest Development Corporation in which the District Councils have been given due representation, is a step in this direction.

Educatin

23.   The programme for educational development includes expansion of universal primary education in accordance with the national objectives. The programme also includes  schemes for taking over of M.E. Schools and starting of Government  High Schools. Another important scheme in this regard is the strengthening of Science  teaching in the colleges. The State Government  have extended and will continue to extend full assistance to the North Easter Hill University. Proceedings  for acquisition of land for the campus of the University  have been initiated and the State Government will provide the necessary fund for the purpose. The starting of a pre-examination training  Centre for the coaching of candidates for I.A.S. and Central Services and the re-starting of the U.P.S.C. Examination  centre for All-India and Central Services at Shillong are events of significance and these would help considerably in equipping our youth to compete in these examinations. The programme for social welfare and promotion of sports and games are continuing.

      Realising the need to provide proper education to the children of families having a nomadic existence due to shifting cultivation, the Government have decided to open three residential schools, each for about 100 students, The work on construction of these schools with hostel facilities would start soon.

Health

24.   The extension of medical facilities is an essential part of the social service sector of the  developmental programme of the State. There are signs of perceptible improvement in the availability of doctors and para-medical personnel. The work relating to improvement of hospitals and dispensaries will continue. Expansion of primary health services is also continuing as part of the minimum needs programme in this sector.

Flood Control

25.   The occurrence of floods in extensive area of the State during the current year  has highlighted the necessity for flood control work. The necessary provision in this regard is being continued in the State Plan.

Water Supply

26.    Preliminary work has been  commenced on the New Jowai Water Supply  Scheme. The Greater Shillong Water Supply Scheme could not be started yet and the revised proposal to avoid submergence of dwelling houses by reducing the height of the proposed dam are under scrutiny. Three waster supply schemes were taken up at three areas in the Border and two more such schemes are likely to be taken up during the current year.

Power

27.    With the creation of a separate Meghalaya State Electricity Board and transfer of all the generation, transmission and distribution systems located in Meghalaya to it with effect from 20th January, 1975, the stage is now set for accelerated activity in the matter of Power development and use in the State. Under the North Eastern Areas (Re-organisation) Act, 1971 , the final division of assets and liabilities of the composite Assam State Electricity Board is still to take place and this process is expected to be completed soon. The new M.S.E.B. would place emphasis on speedy completion of the Kyrdemkulai project and has already approached the L.I.C. for provision of finances for this purpose. The North Eastern Council has sanctioned funds for investigation of some hydel projects like Kynshi, Lashka and Umiam Stage IV. While the investigation of Umiam Stage IV has already commenced, the work on the other investigations is expected to be taken up in consultation with concerned local authorities and public leaders. The N.E.C. has also sanctioned the Kopili hydel project on the border of Assam and Meghalaya  and has authorised the new A.S.E.B. and ME.S.E.B. to commence preliminary work in their respective areas. The inter-state aspects of this project are under discussion between the Governments  of Assam and Meghalaya at present

     As the Hon'ble Members are aware, Meghalaya is rich in hydel and mineral resources for generation of power. A judicious exploitation of these resources can contribute to the development of our State and other States and units in the north-east.

Mineral Development

28.    The State continues to explore a number of areas for investigating its rich  mineral deposits. Important among them are the work undertaken to prove  the mine ability of the coal reserves in the West Darrenggiri coal belt for feeding the proposed Themal Power Plant and the Clinker Plant in that area,  the investigations in the Mawlong-Ichamati coalfield, etc., besides the investigations for limestone in Jaintia Hills Districts mentioned by me last year.

Transport

29.   The routes taken up by the Meghalaya State Transport undertaking are being maintained with required passenger services available fleet. Steps  already taken for bifurcation of the Assam-Meghalaya State Transport Corporation are progressing.

Land Reforms  Commission

30.   The Land Reforms Commission submitted its report on 30th  November, 1974 and it is now under examination of the Government. A copy of the Report is placed on the Table of the House. The printing of the report is expected to be completed within a months' time and all the Members of the House will be sent a copy of the printed report.

Border Areas Programmes

31.   A sum of Rs.50.00 lakhs has been earmarked for expenditure for the speedy development of the Border areas in the State bordering Bangladesh, during 1974-75. The Schemes in this regard cover all important rural development sectors. In addition, the scheme  for subsidy on transport  of supplies to these areas  has been continued. The proposed outlay on the  Border areas programme for 1975-76 is Rs.65.00 lakhs. An administrative machinery for proper co-ordination of development activities in the Border areas has also been evolved.

Budget for 1975-76

32.   Having touched upon the broad details of the development programme of the Government, I will now mention briefly the main features of the Budget Estimates for 1975-76. The total estimated receipts during 1975-76 will amount to Rs.72.41 crores including Public Accounts as against the revised estimates of Rs.69.60 crores for 1974-75. The estimated  figure of expenditure for 1975-76 is Rs.73.27 crores.

      During 1975-76 there will be a surplus of Rs.1.99 crores on the revenue side whereas the capital including Public Accounts will end up with a deficit of Rs.2.85 crores.

     According to the indications available so far, the Central Plan assistance during 1975-76  will remain at the level of current year, that is Rs.8.85 crores. The Government of India have so far agreed to open market borrowings for the State Government at the level of Rs.2.20 crores which is much less than the figure of Rs.3.87 crores of actual market borrowings  during the current year. The question of increasing the market borrowings for 1975-76 to the current year's level is being pursued within the Government of India. 

Deficit

33.   The Budget estimate for 1975-76 show an over-all deficit of Rs.97.99 lakhs. I regret very much that I am presenting a deficit budget. The deficit has arisen due to circumstances beyond our control. The main reasons for  the deficit are the reduction of the open market borrowing limit by the Government of India from  the current year's level of Rs.3.87 crores to Rs.2.20  crores which has resulted in diminution of over-all resources, as also the anticipated increase in expenditure due to the payment of salaries and dearness allowance to the State Government employees consequent  upon revision of pay-scales. I am confident  that it would be possible to wipe out this deficit  provided the Government of India agree to the proposed level of market borrowing and also make us available the expected financial assistance.

Economics and mobilisation of resources

34.   We are prepared to contribute our share in the national efforts for mobilisation of resources. Considerable economy was effected in the non-plan expenditure during the current year as a result of which the estimated closing balance  is reduced to Rs.(-)11.79 lakhs as against sentation of the Budget Estimates for 1974-75.  Hon'ble Members may  recall the the Meghalaya (Sales of Petroleum and Petroleum Products including Motor Spirit and Lubricants) Taxation (Amendment) Bill, 1974 passed by this august House provides for increase in the rate  of taxes on petroleum products. The President's assent to the Bill is awaited. The assessment of resources for the plan for 1975-76 includes mobilisation of resources by the State Government to the extent of about Rs.5.00 crores by way of market  borrowings, loans from Life Insurance Corporation, Reserve Bank of India, etc. An additional resources mobilisation of Rs.15 lakhs has also been included in the estimates. The Taxation Enquiry Committee set up by the Government will submit its report soon and its recommendations may result in increased accruals to the State Exchequer. I also propose to introduce the Meghalaya Amusement and Betting Tax (Amendment) Bill during the current session which  provides for increase  in the rates of taxation on entertainment tax and will help in additional mobilisation of resources.

       The Meghalaya Passengers and Goods Taxation  (Amendment) Bill which is also  proposed to be introduced during the current  session will facilitate rationalisation of the Passengers and Goods Taxation structure.

Conclusion

35.    The Budget placed before the august House  by me today contains a blue -print of the Government's programme towards achieving the objective of all-round development and prosperity of the people of Meghalaya.  The situation today is full of challenges and it is the privilege and duty of us all to put  in our maximum endeavour towards the realisation of the ideals of elimination of poverty and attainment of self-reliance to which we are committed as a democratic nation.

     Mr. Speaker, Sir, with these words, I present the budget for 1975-76 for consideration and acceptance of the House.

JAI HIND


ANNEXURE -I

THE FINANCIAL POSITION FOR THE YEAR 1975-76 WITH CORRESPONDING 
POSITION IN THE PREVIOUS YEARS.

Rupees in Lakhs
Heads Actuals Actuals Revised Budgets
1972-73 1973-74 1974-75 1975-76
Opening Balance (+)141.73 (-)136.30 (-)319.50 (-)11.79
Revenue Receipt 1749.00 1730.24 3031.99 3262.24
Capital under the Consolidated Fund 1400.85 876.57 561.34 448.01
Capital Receipt under the Contingency Fund 58.37 37.95 75.00 75.00
Capital Receipt under the Public Account 13878.26 9349.18 3292.03 3456.07
TOTAL RECEIPT 17086.48 11993.94 6960.36 7241.32
GRAND TOTAL 17227.84 11857.64 6640.86 7229.53
Revenue Expenditure 1817.94 1955.33 2641.82 3063.44
Capital Expenditure under the Consolidate Fund 1507.55 730.76 827.00 838.35
Capital Expenditure under the Contingency Fund 77.94 18.79 75.00 75.00
Capital Expenditure under the Public Account 13960.71 9472.26 3108.83 3350.73
TOTAL EXPENDITURE 17364.14 12177.14 6652.65 7327.52
Closing Balance (-)136.30 (-)319.50 (-)11.79 (-)97.99
GRAND TOTAL 17227.84 11857.64 6640.86 7229.53
NET RESULT :-
(a) On Revenue Account (-)68.94 (-)225.09 (+)390.17 (+)198.80
(a) Outside Revenue Account (-)208.72 (+)41.89 (-)82.46 (-)285.00
(c) Net excluding the opening  Balance (-)227.66 (-)188.20 (+)307.71 (-)86.20

(+) Indicates Surplus and (-) indicates Deficit.