States have logged 15 per cent growth in their average expenditure annually since 2011, a recent study has revealed.
The findings by PRS Legislative Research, a Delhi-based non-profit organisation, showed the overall expenditure of all states had soared from Rs 12.47 trillion in 2011-12 to Rs 33.18 trillion in 2018-19. A bulk of the expenditure by them over the past eight years has been incurred on the revenue component. In the period under review, 85 per cent of the spending has been on the revenue component.
Expenditure of states is usually categorised into revenue and capital. Revenue expenditure
The findings by PRS Legislative Research, a Delhi-based non-profit organisation, showed the overall expenditure of all states had soared from Rs 12.47 trillion in 2011-12 to Rs 33.18 trillion in 2018-19. A bulk of the expenditure by them over the past eight years has been incurred on the revenue component. In the period under review, 85 per cent of the spending has been on the revenue component.
Expenditure of states is usually categorised into revenue and capital. Revenue expenditure