Business Standard

Plan, Non-Plan spending in Odisha at 60% till Dec

The expenditure is in tune with the cash management system

BS Reporter Bhubaneswar
Odisha has shown marked improvement in spending Plan and Non-Plan outlays in the current fiscal with the overall spending till December reaching Rs 36,532.16 crore, 59.76 per cent of the total provision of Rs 61,136.16 crore.

The expenditure is in tune with the cash management system (CMS) that mandates at least 60 per cent spending by the end of December. CMS was introduced to arrest rush in expenditure towards the fag end of any fiscal.

To ensure effective implementation of CMS, the Integrated Odisha Treasury Management System has been so enabled that it will not admit expenditure in excess of 40 per cent of Budget provision during the last quarter and 15 per cent in the month of March under any demand for grant.

The department of revenue has logged 111 per cent spending by December-end. Other departments that have spent more than the CMS mandated norm are home (61.55 per cent), law (61.86 per cent), commerce (62.99 per cent), works (61.10 per cent), school & mass education (66 per cent), housing & urban development (62.64 per cent), labour & employment (77.15 per cent), panchayati raj (74.19 per cent), pension grievances & public administration (72.27 per cent), information & public relations (62.90 per cent), excise (66.52 per cent), parliamentary affairs (69.46 per cent), tourism & culture (62.73 per cent), public enterprises (84.63 per cent), women & child development (68.66 per cent) and higher education (66.68 per cent).

The pace of expenditure has, however, been slow in case of departments like industries (28.38 per cent), sports & youth affairs (43.76 per cent), science technology (34.18 per cent), energy (38.35 per cent) and cooperation (35.02 per cent).

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 13 2014 | 8:10 PM IST

Explore News