Govt hikes planned expenditure by 17%

Govt hikes planned expenditure by 17%
PTI
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First Published: Mon, Feb 16 2009. 05 01 PM IST
Updated: Mon, Feb 16 2009. 05 01 PM IST
New Delhi: The government has hiked its planned expenditure by 17% for the next fiscal to keep the economy moving amid fears of a further weakening global economy.
Planned expenditure for 2009-10 is Rs2,85,149 crore against the budget estimate of Rs2,43,386 crore in 2008-09. However, planned expenditure is almost equal to the current fiscal’s revised estimate of Rs2,82,957 crore.
Of the Rs2,85,149 crore planned expenditure, the budget support for the central plan is Rs2,08,450 crore. The rest is the central assistance for plans of states and union territories.
The total central plan outlay is Rs4,15,691 crore for the coming financial year, including Rs2,08,450 crore of budgetary support and Rs2,07,241 crore from internal and extra-budgetary resources of public enterprises and such.
The next year’s outlay is 10.7% higher than the 2008-09 budget estimate of Rs3,75,485 crore and 7% higher than the revised estimate of Rs3,88,078 crore.
Rural development, for which the government revised its 2008-09 estimate to Rs48,884 crore from the budgeted Rs23,831 crore, received a plan outlay of Rs42,774 crore, up 80% in 2009-10.
Other gainers were the energy sector, industry and minerals, transport, agriculture, irrigation, general economic services, and science, technology and environment.
The sectors that got less are communications, social services and general services.
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First Published: Mon, Feb 16 2009. 05 01 PM IST