West Bengal has witnessed an 8.5 times rise in capital expenditure during the fiscal year 2018-18, compared to 2010-11 under the then Left Front government, state Finance Minister Amit Mitra said today.
"Capital expenditure of the state has reached a record Rs 19,084.70 crore. This is up from last year's Rs 12,028.50 crore which is 59 per cent growth," Mitra told newspersons at the state secretariat today.
He said the total capital expenditure in 2010-11 was Rs 2,225.75 crore.
"So, the total capital expenditure in 2017-18 is 8.5 times as compared to 2010-11," Mitra said.
As per other statistics released by the state finance minister, the plan expenditure of 2017-18 has reached Rs 57,778.60 crore.
"Last financial year, it was Rs 49,609 crore. So, the growth is of 16.5 per cent. Our target was a growth of 11 per cent which we have exceeded," Mitra added.
Referring to the 2010-11 total plan expenditure which was recorded at Rs 11,837,85 crore, the minister said that "the total plan expenditure in 2017-18 is about five times compared 2010-11."
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