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Statement on Quarterly Review of the trends in receipts and expenditure in relation to the budget at the end of the third quarter of financial year 2015-2016
May, 18th 2016
              GOVERNMENT OF INDIA




Statement on Quarterly Review of the
  trends in receipts and expenditure
    in relation to the budget at the
      end of the third quarter of
             financial year
               2015-2016




           (As required under Section 7(1) of the
 Fiscal Responsibility and Budget Management Act, 2003)




                 Ministry of Finance
                                      CONTENTS
                                                             Page
Macroeconomic backdrop                                          1
Review of Trend in Receipts and Expenditure                     2
Key fiscal aggregates                                           3
Revenue Receipts                                                3
Gross tax Revenue                                               4
Direct Taxes                                                    5
Indirect Taxes                                                  6
Non Tax Revenue                                                 8
Expenditure                                                     8
Plan Expenditure                                                9
Non Plan Expenditure                                            9
Resources Transferred to States/UTs                            10
Deficits                                                       10
Financing of Deficit                                           11
Cash Management                                                12
Small Savings                                                  12
Review of trends in Receipts and Expenditure of Railways       12
Conclusion                                                     13
Annex I- Tax Revenue                                           15
Annex II- Non Tax Revenue                                      16
Annex III- Capital Receipts                                    17
Annex IV- Plan Expenditure                                     18
Annex V- Non Plan Expenditure                                  24
Annex VI- Resources Transferred to States & UT Governments     32
Annex VII- Departmental Commercial Undertakings                33
                                                        1



        STATEMENT ON QUARTERLY REVIEW OF THE TRENDS IN RECEIPTS AND
            EXPENDITURE IN RELATION TO THE BUDGET AT THE END OF
                  THIRD QUARTER OF FINANCIAL YEAR 2015-16


Macroeconomic Backdrop
    Economic growth, measured by growth in Gross Domestic Product (GDP) at constant (2011-12)
market prices is estimated at 7.5 per cent in 2015-16 (April-December), as compared to 7.4 per cent
during the corresponding period of the previous year. The growth of GDP at constant market prices in
the third quarter of 2015-16 is estimated to be 7.3 per cent vis-à-vis 6.6 per cent during the corresponding
period of 2014-15.
The growth of total final consumption expenditure (FCE) and gross fixed capital formation (GFCF) at constant 2011-12 prices is estimated to be 5.7 per cent and 5.2 per cent respectively in 2015-16 (April- December), as compared to 7.9 per cent and 4.7 per cent during the corresponding period of previous year. The growth of gross value added (GVA) at constant (2011-12) basic prices during 2015-16 (April-December) was 7.3 per cent compared to 7.4 per cent during the corresponding period of 2014-15. Among the major sectors, the growth in manufacturing sector strengthened in 2015-16 (April-December) while the growth in agriculture and allied sectors remained low on account of second consecutive year of subdued monsoon. The growth in GVA at constant (2011-12) basic prices for agriculture and allied sectors, industrial sector and services sector are estimated to be 0.6 per cent, 7.4 per cent and 9.2 per cent respectively in 2015-16 (April-December), as compared to 0.3 per cent, 5.9 per cent and 10.7 per cent during the corresponding period of the previous year. The third quarter of 2015-16 witnessed a growth rate of (-) 1.0 per cent in agriculture and allied sectors, 9.0 per cent in industrial sector and 9.4 per cent in the services sector, as compared to rate of growth of (-) 2.4 per cent, 3.8 per cent and 12.9 per cent respectively in the third quarter of 2014-15.
The year-on-year inflation based on the Wholesale Price Index (WPI) during 2015-16 (April-December) was (-) 3.0 per cent vis-à-vis 3.3 per cent during the corresponding period of previous year. Year-on-year inflation based on the WPI, in the third quarter of 2015-16, was (-) 2.3 per cent as compared to 0.3 per cent during the corresponding quarter of 2014-15. The Consumer Price index (combined) inflation during 2015-16 (April-December) was 4.8 per cent vis-à-vis 6.1 per cent in the corresponding period of the previous year. The Consumer Price index (combined) inflation, during the third quarter of 2015-16 was 5.3 per cent vis-à-vis 4.1 per cent during the corresponding period of the previous year. During 2015-16 (April-December), merchandise exports were US$ 197.2 billion, registering a decline of 17.8 per cent, as against the level of US$ 239.9 billion in 2014-15 (April-December). Merchandise imports during 2015-16 (April- December) were US$ 295.9 billion, which declined by 15.8 per cent over the level of US$ 351.6 billion in 2014-15 (April-December). Oil imports declined from US$ 116.6 billion in 2014-15 (April-December) to US$ 68.3 billion in 2015-16 (April-December) mainly on account of reduction in the international prices of crude oil in 2015-16. Merchandise trade deficit for 2015-16 (April-December) was US$ 98.7 billion as against US$ 111.7 billion in the corresponding period of 2014-15. During the third quarter of 2015-16, the merchandise trade deficit was US$ 31.3 billion as compared to US$ 39.0 billion during the corresponding period of the previous year. During the third quarter of 2015-16, the growth of merchandise exports and merchandise imports was (-) 19.2 per cent and (-) 19.4 per cent respectively. During 2015-16 (April-December), the net invisibles balance (invisible receipts minus invisible payments) was US$ 83.6 billion as compared to US$ 87.3 billion in the corresponding period of 2014-15. During the third quarter of 2015-16, the net invisible balance decreased to US$ 27.0 billion as against US$ 2 30.9 billion in the corresponding quarter of 2014-15. The current account deficit decreased to US$ 21.9 billion accounting for 1.4 per cent of GDP during 2015-16 (April-December), as compared to US$ 26.1 billion accounting for 1.7 per cent of GDP in the corresponding period of the previous year. During the third quarter of 2015-16, the current account deficit decreased to US$ 7.1 billion as against US$ 7.7 billion in the corresponding quarter of 2014-15.
India's foreign exchange reserves increased to US$ 350.4 billion at end-December 2015 from a level of 320.6 billion at end-December 2014. The average exchange rate for the Rupee vis-à-vis the US dollar was `64.79 per US$ in 2015-16 (April-December) as compared to ` 60.78 per US dollar in the corresponding period of the previous year. The value of the Rupee depreciated from the level of ` 62.75 per US dollar in December 2014 to ` 66.60 per US dollar in December 2015.
Review of trends in receipts and expenditure during April-December 2015 14th Finance Commission (FFC) Award was one of the themes of the budget 2015-16. As the first year of the 14th Finance Commission Award period, with higher devolution of taxes to States, Budget 2015-16 was presented with lower tax resources at the disposal of the Centre. However, the budget size was 6.8 per cent higher than 2014-15. Government approach of progressively bringing down the deficit was retained in the Budget 2015- 16 despite resource constraints following changes in the revenue sharing between Centre and the States.
In 2014-15, Government's commitment to reforms, favorable situation on account of oil prices and benign inflationary outlook, pro-active policy decisions of the Government with firm commitment in the policy of fiscal rectitude etc. resulted in containing fiscal deficit within budgeted target of 4.1 per cent of GDP. This was achieved, despite downward revision of GDP estimates for the year.
General budget 2015-16 re-affirmed Government's commitment to carry forward the process of fiscal consolidation as mandated under the FRBM framework. In the fiscal policy of 2015-16, fiscal deficit and revenue deficit were budgeted at ` 5,55,649 crore (3.9 per cent of GDP) and ` 3,94,472 crore (2.8 per cent of GDP) respectively. Effective revenue deficit, which represents the imbalance in revenue account after netting grants used for creation of capital assets was estimated at ` 2,83,921 crore (2.0 per cent of GDP). In BE 2015-16 gross tax revenues were estimated with growth of 16.4 per cent over gross tax revenue receipts in 2014-15, which implied tax-GDP ratio of 10.3 per cent. Total expenditure in BE 2015-16 was 6.8 per cent higher than actual expenditure in 2014-15, in which, non-plan expenditure showed increase of 9.3 per cent and Plan expenditure showed marginal increase of 0.6 per cent.
During April-December, 2015 gross tax revenue receipts (` 9,63,229 crore) registered a growth of about 21.1 per cent, whereas, revenue receipts (net to the centre) (` 8,03,808 crore) grew by about 15.9 per cent over the respective receipts during corresponding period of previous financial year (COPPY). Net tax revenue receipts (` 6,22,247 core) grew by 14 per cent, while, Non-tax revenues (` 1,81,561 crore) grew by 22.6 per cent. Non-debt capital receipts (` 22,004 crore) also registered increase of ` 11,770 crore over COPPY, however, as a percentage of BE, it was only 27.4 per cent.
On expenditure side, at the end of December, 2015, total expenditure (` 13,13,997 crore) was 73.9 per cent of BE, higher than 68.9 per cent of BE during COPPY. Non-plan expenditure (` 9,68,019 crore) was 73.8 per cent of BE, marginally higher as compared to 72.4 per cent of BE during COPPY and Plan expenditure (` 3,45,978 core) was 74.4 per cent of BE, higher than 61.3 per cent of BE during COPPY. During April-December, 2015, receipts (excluding borrowings) of ` 8,25,812 crore were 67.6 per cent of BE, on the other hand, total expenditure of the Governmnet was `13,13,997 crore was 73.9 per cent of BE. Therefore, the receipts (excluding borrowings) were sufficient to cover about 62.8 per cent of the expenditure resulting in fiscal deficit of ` 4,88,185 crore. Compared to corresponding figure of the previous year (` 5,32,381 crore) fiscal deficit was lower by ` 44,196 crore.
Trends in receipts and expenditure at the end of the third quarter of financial year 2015-16 (April-December, 2015) are summarized in Table-1 below. The figures therein are unaudited. The receipts and recoveries, wherever directly linked to expenditure, have been netted out. 3 Table-1 Key fiscal indicators 5 years Upto Upto COPPY COPPY moving 12/2015 12/2015 BE average ` in crore Percentage to BE 1 Revenue Receipts (2+3) 11,41,575 8,03,808 6,93,773 70.4% 58.3% 65.6% 2 Tax Revenue (Net) 9,19,842 6,22,247 5,45,714 67.6% 55.8% 62.7% 3 Non-Tax Revenue 2,21,733 1,81,561 1,48,059 81.9% 69.7% 76.5% 4 Capital Receipts (5+6+7) 6,35,902 5,10,189 5,42,615 80.2% 89.7% 77.0% Non Debt Capital Receipts (5+6) 80,253 22,004 10,234 27.4% 13.8% 34.4% 5 Recovery of Loans 10,753 9,138 8,282 85.0% 78.7% 96.4% 6 Other Receipts 69,500 12,866 1,952 18.5% 3.1% 20.8% 7 Borrowings and other liabilities 5,55,649 4,88,185 5,32,381 87.9% 100.2% 82.3% 8 Total Receipts (1+4) 17,77,477 13,13,997 12,36,388 73.9% 68.9% 69.5% 9 Non-Plan Expenditure(10+12) 13,12,200 9,68,019 8,83,757 73.8% 72.4% 73.2% 10 On Revenue Account 12,06,027 8,95,386 8,13,270 74.2% 73.0% 74.0% 11 of which Interest Payments 4,56,145 3,02,298 2,75,220 66.3% 64.5% 64.1% 12 On Capital Account 1,06,173 72,633 70,487 68.4% 67.0% 68.0% 13 Plan Expenditure (14+15) 4,65,277 3,45,978 3,52,631 74.4% 61.3% 62.2% 14 On Revenue Account 3,30,020 2,30,656 2,82,278 69.9% 62.2% 62.7% 15 On Capital Account 1,35,257 1,15,322 70,353 85.3% 57.9% 59.7% 16 Total Expenditure (9+13) 17,77,477 13,13,997 12,36,388 73.9% 68.9% 69.5% 17 Revenue Expenditure (10+14) 15,36,047 11,26,042 10,95,548 73.3% 69.9% 70.4% of which Grants for creation of 18 Capital Assets 1,10,551 92,788 97,863 83.9% 58.2% 19 Capital Expenditure (12+15) 2,41,430 1,87,955 1,40,840 77.9% 62.1% 63.6% 20 Revenue Deficit (17 - 1) 3,94,472 3,22,234 4,01,775 81.7% 106.2% 84.8% 21 Effective Revenue Deficit (20 - 18)# 2,83,921 2,29,446 3,03,912 80.8% 144.6% 22 Fiscal Deficit (16 - (1+5+6)) 5,55,649 4,88,185 5,32,381 87.9% 100.2% 82.3% 23 Primary Deficit (22 - 11) 99,504 1,85,887 2,57,161 186.8% 246.9% 133.1% Note: 1. The figures of Railways have been netted as in Budget Estimates 2. COPPY - Corresponding Period of Previous Year 3. # Excluding Grants for creation of Capital Assets Receipts Revenue receipts Revenue receipts (tax revenue net to centre and non-tax revenue) have been estimated at ` 11,41,575 crore in BE 2015-16 reflecting a growth of 3.6 per cent over revenue receipts of ` 11,01,381 crore in 2014- 15. Revenue receipts up to December, 2015 were ` 8,03,808 crore, a growth of 15.9 per cent over ` 6,93,773 crore during COPPY. At this level, total revenue receipts were 70.4 per cent of BE 2015-16 which is higher as compared to 58.3 per cent of BE during COPPY, and also five years moving average of 65.6 per cent of BE. Both, tax receipts and non-tax revenues registered a growth over corresponding period of the previous financial year. Trend of total revenue receipts at the end of the third quarter of financial year as percentage of BE and percentage to GDP during last five years is shown in table 2 below.. 4 Table-2: Revenue Receipts (` crore) At the end of third quarter (April-December) REVENUE RECEIPTS 2011-12 2012-13 2013-14 2014-15 2015-16 Tax Revenue (Net) 4,20,414 4,84,156 5,17,661 5,45,714 6,22,247 Non-Tax Revenue 78,077 86,380 1,16,272 1,48,059 1,81,561 Total 4,98,491 5,70,536 6,33,933 6,93,773 8,03,808 BE for the year 7,89,892 9,35,685 10,56,331 11,89,763 11,41,575 Percentage of BE 63.1 61.0 60.0 58.3 70.4 Percentage of GDP 5.7 5.7 5.6 5.6 5.9 Note: GDP at current prices, 2011-12 series Various components of tax revenue are analysed in the following section. Gross Tax Revenues Gross tax revenue receipts were estimated at ` 14,49,491 crore in BE 2015-16 reflecting a growth of 16.4 per cent over gross tax revenue receipts of ` 12,44,885 core in 2014-15. Gross tax revenue receipts during April - December, 2015 were ` 9,63,229 crore which were 66 per cent of BE and registered a growth of 21.1 per cent over the receipts of ` 7,95,686 crore during corresponding period of previous financial year. Chart-1 below shows trend of year-on-year quarterly growth in gross tax revenue receipts in last three financial years. Chart-1 Note: For graphical presentation, numbers are rounded off Component wise details of gross tax revenues at the end of the third quarter of 2015-16 in comparison to the corresponding period of 2014-15 are shown in table 3 below. 5 Table - 3 2015-16 2014-15 Actuals % growth Actuals during % of over during % of B.E. B.E. Apr-Dec. B.E. Apr-Dec. Apr-Dec. B.E. 2015 2014 2014 (` crore) (` crore) 1. Corporation Tax 4,70,628 3,05,666 64.9 10.1 4,51,005 2,77,620 61.6 2. Taxes on income other than Corporation Tax 3,20,836 1,86,105 58 11.7 2,78,275 1,66,556 59.9 Wealth Tax 0.00 850 1.1 950.00 841 88.5 3. Customs 2,08,336 1,59,484 76.6 18 2,01,819 1,35,596 67.2 4. Union Excise Duties 2,29,809 1,71,420 74.6 68.3 2,07,110 1,01,859 49.2 5. Service Tax 2,09,774 1,30,924 62.4 24.5 2,15,973 1,05,196 48.7 6. Other taxes 10,108 8,780 86.9 9.5 9,392 8,018 85.4 Total Gross Tax Revenue 14,49,491 9,63,229 66.4 21.1 13,64,524 7,95,686 58.3 Direct Taxes Direct tax receipts during April-December 2015 were ` 4,97,838 crore accounting for 62.4 per cent of BE and 10.6 per cent higher than direct tax receipts of ` 4,49,956 crore during corresponding period of the previous financial year. Receipts under two major components of direct taxes viz. Corporation tax and Taxes on Income other than Corporation tax, during April-December 2015 were ` 4,91,771 crore. At the end of third quarter of the financial year, growth in direct taxes was lower (10.6 per cent) than growth in indirect taxes (34.6 per cent) over corresponding period of the 2014-15.
Corporation Tax
Corporation tax continued to be the largest component of total tax revenue with estimation at ` 4,70,628 crore in BE 2015-16 and it reflects a growth of 9.7 per cent over the actual receipts from this component of tax revenues during 2014-15. During April-December, 2015, receipts under this component were ` 3,05,666 crore which was 64.9 per cent of BE and 10.1 per cent higher than the receipts of ` 2,77,620 crore during COPPY. Chart-2 below shows trend of year-on-year quarterly growth in receipts from corporation tax during last three financial years. Chart-2 Note: For graphical presentation, numbers are rounded off 6 Taxes on Income other than Corporation Tax In BE 2015-16, receipts under this component of direct taxes were estimated at ` 3,20,836 crore in BE 2015-16 reflecting a growth of 24.2 per cent over the actual receipts during 2014-15. Receipts of ` 1,86,105 crore during April-December, 2015 were 58 per cent of BE and 11.7 per cent higher than receipts of ` 1,66,556 crore during corresponding period of previous financial year. Trend of year-on-year quarterly growth in the receipts from taxes on income other than Corporation tax during last three financial years is depicted in the Chart-3 below. Chart-3 Note: For graphical presentation, numbers are rounded off Indirect Taxes Gross indirect tax receipts including receipts from taxes of UTs were estimated at ` 6,51,496 crore in BE 2015-16. Receipts during April-December, 2015 were ` 4,65,391 crore which accounted for 71.4 per cent of BE and shows increase of 34.6 per cent over the receipts during April-December, 2014. At the end of the third quarter, growth in receipts from Union Excise Duties (68.3 per cent) was higher than growth in other two major components viz. Customs and Service tax over the receipts during COPPY. Growth in overall tax revenue during April-December 2015 over corresponding period of 2014-15 was mainly contributed by growth in indirect taxes. Customs In 2015-16, receipts from Customs have been budgeted at ` 2,08,336 crore reflecting a growth of 10.8 per cent over receipts of `1,88,016 crore during 2014-15. Against this target, receipts from Customs to the tune of ` 1,59,484 crore during April-December, 2015 were 76.6 per cent of BE and 17.6 per cent higher than receipts of ` 1,35,596 crore during corresponding period of previous financial year. Trends of the year on year quarterly growth in the receipts from Customs duty during last three years is shown in chart 4 below. Chart-4 Note: For graphical presentation, numbers are rounded off 7 Union Excise Duties BE 2015-16 for Union Excise Duties is ` 2,29,809 crore reflecting a growth of 21 per cent over receipts of ` 1,89,953 crore during 2014-15. During April-December, 2015, the receipts under this component amounting at ` 1,71,420 crore were 74.6 per cent of BE and 68.3 per cent higher than the receipts of ` 1,01,859 crore during corresponding period of previous financial year. Trend of the year on year quarterly growth in the receipts from Union Excise Duties during last three financial years is shown in chart 5 below. Chart-5 Note: For graphical presentation, numbers are rounded off Service Tax In 2015-16, receipts from Service were budgeted at ` 2,09,774 crore reflecting a growth of 24.9 per cent over receipts of `1,67,969 crore during 2014-15. Receipts of ` 1,30,924 crore during April-December, 2015 were 62.4 per cent of BE which registered a growth of 24.4 per cent over the receipts of ` 1,05,196 crore during the COPPY. Trend of year on year quarterly growth in receipts from Service tax for last three financial years are depicted in chart 6 below. Chart-6 Note: For graphical presentation, numbers are rounded off 8 Non Tax Revenue Non-tax revenues were estimated at ` 2,21,733 core in BE 2015-16 with a growth of 12.1 per cent over Non-tax revenue receipts of `1,97,766 crore in 2014-15. Receipts from Non tax revenues at the end of third quarter (April-December) of 2015-16 were ` 1,81,561 crore which accounted for 81.9 per cent of BE and higher as compared to 69.7 per cent of BE realised during April-December 2014. Non-debt Capital Receipts
Non-debt capital receipts primarily include disinvestment receipts and recovery of loans. During April- December 2015, receipts from recoveries of loans were ` 9,138 crore against the BE of ` 10,753 crore. This was about 85 per cent of the BE and higher as compared to 78.7 per cent of BE received during COPPY. Receipts from disinvestment (including strategic disinvestment), during April- December, 2015 were only ` 12,866 crore against the BE of ` 69,500 crore. During COPPY, receipts under this head were only `1,952 crore. Thus, overall non-debt capital receipts were `22,004 crore against BE of ` 80,253 crore. Expenditure
Total expenditure in BE 2015-16 was estimated at ` 17,77,477 crore which reflected a growth of 6.8 per cent over expenditure of ` 16,63,673 crore in 2014-15. The expenditure during April-December 2015, was ` 13,13,997 crore accounting for 73.9 per cent of BE, higher as compared to 68.9 per cent of BE during COPPY and five years moving average 69.5 per cent of BE.
B.E. 2015-16 for revenue expenditure was ` 15,36,047 crore which reflected 4.7 per cent increase over revenue expenditure of ` 14,66,992 crore in 2014-15. During April-December, 2015, expenditure on revenue account was ` 11,26,042 crore which was 73.3 per cent of BE and higher as compared to 69.9 per cent of BE during COPPY and also five years moving average of 70.4 per cent of BE.
Capital expenditure for F.Y. 2015-16 was budgeted at ` 2,41,430 crore with a growth of 22.8 per cent over capital expenditure of ` 1,96,681 crore in 2014-15. During April-December, 2015, capital expenditure at ` 1,87,955 crore was 77.9 per cent of BE which is higher as compared to 62.1 per cent of BE during COPPY and also five years moving average 63.6 per cent of BE.
Trend of total expenditure (at the end of the third quarter) as percentage of BE and GDP during last five financial years is shown in the table 4 below Table 4: Total Expenditure (` crore) At the end of third quarter (April-December) Expenditure 2011-12 2012-13 2013-14 2014-15 2015-16 Revenue Expenditure 7,84,595 8,68,573 10,05,175 10,95,548 11,26,042 Capital Expenditure 1,11,766 1,22,550 1,58,616 1,40,840 1,87,955 Total 8,96,361 9,91,123 11,63,791 12,36,388 13,13,997 BE for the year 12,57,729 14,90,925 16,65,297 17,94,892 17,77,477 Percentage of BE 71.3 66.5 69.9 68.9 73.9 Percentage of GDP 10.3 10.0 10.3 9.9 9.7 Note: GDP at current prices, 2011-12 series 9 Plan Expenditure Plan Expenditure in BE 2015-16 was estimated at ` 4,65,277 crore which shows marginal increase of 0.6 per cent over plan expenditure of ` 4,62,643 crore in 2014-15. Expenditure of ` 3,45,978 crore during April-December, 2015 accounted for 74.4 per cent of BE, which was higher when compared to 61.3 per cent of BE during COPPY as well as 62.2 per cent of BE for five years moving average. Trend of plan expenditure (at the end of the first quarter) as percentage of BE and GDP during last five financial years is shown in table 5 below: Table 5: Plan Expenditure (` crore) At the end of third quarter (April-December) Plan Expenditure 2011-12 2012-13 2013-14 2014-15 2015-16 On Revenue Account 2,33,903 2,42,975 2,74,016 2,82,278 2,30,656 On Capital Account 43,001 52,915 77,247 70,353 1,15,322 Total 2,76,904 2,95,890 3,51,263 3,52,631 3,45,978 BE for the year 4,41,547 5,21,025 5,55,322 5,75,000 4,65,277 Percentage of BE 62.7 56.8 63.3 61.3 74.4 Percentage of GDP 3.2 3.0 3.1 2.8 2.6 Note: GDP at current prices, 2011-12 series Non Plan Expenditure In B.E. 2015-16, Non-plan expenditure was estimated at ` 13,12,200 crore and reflected a growth of 10.2 per cent over expenditure of ` 12,01,030 crore in 2014-15. Non-plan expenditure at the end of third quarter of 2015-16 was ` 9,68,019 crore, which accounted for 73.8 per cent of BE and marginally higher as compared to 72.4 per cent of BE during COPPY and 73.2 per cent of BE for five years moving average. In BE 2015-16, ` 11,27,411 crore (85.9 per cent of total non-plan expenditure) was budgeted for Interest Payments , Defence, Pension, Major Subsidies and Grants & Loans to States/UTs. During April-December, 2015, expenditure against these components of Non-plan expenditure was as below. (` in crore) Item of Expenditure BE Expenditure upto COPPY Increase(+) / 2015-16 Dec. 2015 Decrease (-) Interest Payments 4,56,145 3,02,298 2,75,220 27,078 Defence 2,46,727 1,65,985 1,57,318 8,667 Major Subsidies 2,27,388 2,08,759 2,12,418 (-) 3,659 Pension 88,521 69,467 68,104 1,363 Gants & Loans to State/UTs 1,08,630 73,910 34,598 39,312 Variation under Major subsidies is mainly due to decrease in Petroleum subsidy by ` 22,545 crore over COPPY and increase in Food subsidies and Fertilizers subsidy by ` 10,277 crore and ` 8,609 core over COPPY respectively.
Trend of non-plan expenditure (at the end of the first quarter) as percentage of BE and GDP during last five financial years are shown in the table 6 below: 10 Table 6: Non-plan Expenditure (` crore) At the end of third quarter (April-December) Non-plan Expenditure 2011-12 2012-13 2013-14 2014-15 2015-16 On Revenue Account 5,50,692 6,25,598 7,31,159 8,13,270 8,95,386 Of which Interest 1,79,429 2,01,959 2,48,464 2,75,220 3,02,298 Payments On Capital Account 68,765 69,635 81,369 70,487 72,633 Total 6,19,457 6,95,233 8,12,528 8,83,757 9,68,019 BE for the year 8,16,182 9,69,900 11,09,975 12,19,892 13,12,200 Percentage of BE 75.9 71.7 73.2 72.4 73.8 Percentage of GDP 7.1 7.0 7.2 7.1 7.1 Note: GDP at current prices, 2011-12 series Resources transferred to States/UTs Against the BE of ` 8,42,963 crore for net transfer to State and UT Governments in 2015-16, the actual resources transferred up to December, 2015 were ` 5,63,450 crore (66.9 per cent of BE) which reflected a growth of 15.4 per cent over net resources of `4,88,335 crore transferred during corresponding period of the previous financial year. ` 5,61,087 crore were transferred to the State Governments and ` 2,363 crore were transferred to the UT Governments. The constituents of resources transferred to States / UT governments are; taxes & Duties ` 3,36,829 crore, Grants ` 2,23,896 crore and Loans (net) ` 2,725 crores. Deficit
Fiscal deficit for the year 2015-16 was budgeted at ` 5,55,649 crore which was 3.9 per cent of GDP. For the period April-December, 2015, fiscal deficit at ` 4,88,185 crore was 87.9 per cent of BE and lower than 100.2 per cent of BE during COPPY. Five years moving average for fiscal deficit at the end of the third quarter is 82.3 per cent of BE.
Revenue deficit was budgeted at ` 3,94,472 crore for 2015-16 ( 2.8 per cent of GDP). During the period April-December, 2015 revenue deficit was ` 3,22,234 crore which constituted 81.7 per cent of BE and was lower as compared to 106.2 per cent of BE during April-December, 2014 and also five year moving average of 84.8 per cent of BE.
Effective revenue deficit was budgeted at ` 2,83,921 crore for 2015-16 ( 2 per cent of GDP). During the period April-December, 2015 effective revenue deficit stood at ` 2,29,446 crore which was 80.8 per cent of BE and far lower as compared to 144.6 per cent of BE during COPPY.
Trend in deficit (at the end of third quarter) as percentage of GDP and as percentage of BE for last five years is shown in table 7 as below: 11 Table 7: Deficits At the end of third quarter (April-December) (` crore) At the end of Quarter 3 Deficits 2011-12 2012-13 2013-14 2014-15 2015-16 Revenue Deficit 2,86,104 2,98,037 3,71,242 4,01,775 3,22,234 Revenue Deficit (BE) 3,07,270 3,50,424 3,79,838 3,78,348 3,94,472 Percentage of BE 93.1 85.1 97.7 106.2 81.7 Percentage of GDP 3.3 3.0 3.3 3.2 2.4 Fiscal Deficit 3,81,012 4,04,699 5,16,390 5,32,381 4,88,185 Fiscal Deficit (BE) 4,12,817 5,13,590 5,42,499 5,31,177 5,55,649 Percentage of BE 92.3 78.8 95.2 100.2 87.9 Percentage of GDP 4.4 4.1 4.6 4.3 3.6 Primary Deficit 2,01,583 2,02,740 2,67,926 2,57,161 1,85,887 Primary Deficit (BE) 1,44,831 1,93,831 1,71,814 1,04,166 99,504 Percentage of BE 139.2 104.6 155.9 246.9 186.8 Percentage of GDP 2.3 2.0 2.4 2.1 1.4 Note: GDP at current prices, 2011-12 series Financing of deficit At the end of December, 2015, the fiscal deficit of ` 4,88,185 crore on Consolidated Fund of India was financed by raising Internal Debt of ` 4,07,939 crore, External Debt of ` 4,727 crore, ` 45,637 crore of Public Account and redemption / Cash draw down of ` 29,882 crore. Gross and net market borrowings up to the third quarter of 2015-16 amounted to ` 5,01,000 crore and ` 3,56,634 crore respectively, accounting for 83.5 per cent and 78.1 per cent of the Budget Estimate under market borrowings for the year. During the corresponding period of the previous financial year, gross and net borrowings accounted for 82.8 per cent and 97.3 per cent respectively of the total borrowings for the year. The weighted average maturity of dated securities issued by the end of the third quarter of the fiscal year 2015-16 (April-December) at 16.1 years was higher than 14.5 years during the corresponding period of the previous financial year. However, the weighted average yield of dated securities issued during the same period was 7.9 per cent which was lower than the weighted average yield at 8.6 per cent during COPPY. Details of financing the deficit for the period April-December 2015 are shown in Table 8 below. Table 8: Financing of Deficit (` Crore) April-December-2014 April-December-2015 Fiscal Deficit 5,32,381 4,88,185 Sources of Financing 1.Internal Debt 4,00,764 4,07,939 (a) Market Loans & Short Term Borrowings 4,19,005 4,36,070 (b) Treasury Bills (14 days ) -15,603 -26,608 (c) Compensation and Other Bonds -170 -1,818 (d) WMA 0 0 (e) Others -2,468 295 2. External Assistance including Revolving fund 4,688 4,727 3. Cash Draw Down Decrease(+)/Increase(-) 86,759 7,601 4. Investment of Surplus Cash(-) / redemption (+) -184 22,281 5. Borrowings(-)/Surplus(+) on Public Account* 40,354 45,637 *Includes Suspense & Remittances. 12 Cash Management Government began the financial year with an investment surplus of ` 1,57,183 crore and cash balance of ` 7,611 crore. The first quarter of the financial year 2015-16 ended with a cash balance of `100 crore and investment surplus of ` 54,615 crore. The first half of the financial year ended with an investment surplus of ` 67,794 crore and cash balance of `10 crore. The month of December, 2015 ended with cash balance of ` 10 crore and an investment surplus of ` 1,34,902 crore.
National Small Savings Fund Under National Small Savings Fund, balance on 1st April 2015 (provisional) was `11,222 crore. During April- December, 2015, net accretion under National Small Savings Fund was ` 58,016 crore, thus, taking closing balance to ` 69,238 crore.
Review of trends in receipts and expenditure of Railways during April-December 2015 The Railways receipts comprise mainly of traffic earnings from passenger, other coaching services, freight services, and sundry other earnings. The traffic earnings in 2015-16 (RE) comprise of 67 per cent from freight and 27 per cent from passenger segment. Balance 6 per cent is from other coaching and Sundry other earnings.
In 2015-16 (BE), Railways had targeted to carry 1,186.25 Million Tonnes (MT) of freight traffic as against 1095.26 MT carried in the previous year representing a growth of 8.3 per cent. Similarly, Railways had estimated to carry 8,601 million passengers in 2015-16 (BE) as against 8224.12 million carried previous year representing a growth of 4.6 per cent. Based on the estimated growth in traffic at BE stage, the total traffic earnings were budgeted at `1,83,528 crore in 2015-16 (BE) i.e. a growth target of 16.8 per cent over P.Y. Traffic earnings in BE comprised earnings from passenger at ` 50,175 crore, freight at ` 1,21,423 crore, other coaching at ` 4,612 crore and sundry other earnings at ` 7,318 crore envisaging a growth of 18.9 per cent, 14.8 per cent, 15.4 per cent and 43.7 per cent over P.Y., respectively. As against the proportionate budgeted loading target of 877.84 MT, to end of 3rd Quarter, Railways carried 814.70 MT of freight traffic. The incremental loading achieved during the period works out to 8.32 MT over COPPY representing a growth of 1 per cent. Consequently, the loading to end of 3rd Quarter fell short of the BE by 63.14 MT. The loading target for the year has accordingly been reduced to 1107 MT in RE 2015-16 representing a growth of 1.1 per cent over the previous year.
Against the proportionate budgeted passenger booking target of 6478.41 million passengers, to end of rd 3 Quarter, Railways carried 6,135.57 million passengers with a negative growth of 1.9 per cent over COPPY. Except for the PRs segment which indicated a positive growth of 2.7 per cent over COPPY, rest of the segments, i.e. suburban and non-suburban (Non-PRs), contributed to the overall negative growth in passengers. The originating passengers target was accordingly reduced to 8101 million in RE 2015-16 representing a growth of (-) 1.5 per cent over previous year.
Taking into account the revised loading and passenger target for the year as also the trend of earnings under Other Coaching and Sundry segments to end of Nov' 15, respective earning targets have been revised downwards in RE. Accordingly, total traffic earnings have been reduced in the Revised Estimates to ` 1,67,784 crore i.e. a growth target of 6.8 per cent over P.Y. Traffic earnings in RE comprise earnings from passenger at ` 45,376 crore, freight at `1,11,853 crore, other coaching a ` 4,325 crore and Sundry other earnings at ` 6,230 crore envisaging a growth of 7.6 per cent, 5.7 per cent, 8.2 per cent and 22.3 per cent over P.Y., respectively.
The revenue expenditure on Railways consists mainly of Ordinary Working Expenses (OWE), appropriation to Pension Fund and Depreciation Reserve Fund (DRF). The OWE was budgeted at ` 1,19,410 crore in 2015-16 (BE) representing an increase of 12.7 per cent over ` 1,05,996 crore incurred during P.Y. The appropriation to Pension Fund and DRF were kept at ` 34,900 crore and ` 7,900 crore respectively in 2015-16 (BE). Taking into account the saving accruing from the decline in HSD prices, declining trend noticed in other inputs and also stringent austerity / expenditure control measures enforced during the year, 13 the provision for OWE has been reduced to ` 1,10,690 crore in RE representing a growth of 4.4 per cent over previous year. Taking note of the resource position emerging in RE, appropriation to DRF and Pension Fund have been suitably adjusted downwards in the RE. The Railways have accordingly revised the Operating Ratio target to 90 per cent as against 88.5 per cent envisaged in 2015-16 BE. Financial Results of Railways for 2015-16 to end of Q3 (Apil-December, 2015) BE 2015-16 Earnings / Expenditure up Position up to Growth (` crore) to December, 2015 (` crore) December 2015 as a (percentage) in percentage of BE 2015-16 over 2014-15 (COPPY) 2015-16 2014-15 Passenger 50,175 33,105 31,407 66.0 5.4 Other 4,612 3,197 2,966 69.3 7.8 Coaching Goods 1,21,423 80,526 75,779 66.1 5.9 Sundries 7,318 3,069 3,113 41.9 -1.4 Total 1,83,528 1,19,898 1,13,266 65.3 5.9 OWE 1,19,410 85,211 83,924 71.4 1.5 Traffic earnings to end of Dec' 15 at ` 1,19,898 crore though yielded a growth of 5.9 per cent over COPPY, fell short of the target of 6.8 per cent in RE. The growth trend lagged in all segments of earnings except for goods. On the other hand, the growth in OWE at 1.5 per cent to end of Dec' 15 was lower than the full year growth of 4.4 per cent provided in 2015-16 (RE). Although the earnings performance to end of Q3 of 2015-16 has not been as per revised expectations, it would be premature to quantify any year-end shortfall at this juncture since some of it is likely to be offset by savings under OWE and pension expenditure. The trends in the physical and financial performance are being closely watched and zonal railways have been instructed to make all out efforts not only to achieve but also exceed their earnings target set in RE and also to give further savings in OWE.
Plan Expenditure Railways' plan outlay for 2015-16 (BE) was budgeted at ` 1,00,011 crore as against ` 58,719 crore in previous year, representing an increase of 70 per cent. Segment-wise budgeted plan outlay for 2015-16 comprised ` 40,000 crore of Budgetary Support, ` 17,793 crore of Internal Resources, `1,646 crore of Railway Safety Fund (RSF) financed through Diesel Cess and ` 40,572 crore of Extra Budgetary Resources (EBR) of which ` 17,655 crore, ` 17,136 crore and ` 5,781 crore are from market borrowing through IRFC, Institutional Finance and PPP respectively. Budgetary Support, Internal Resources, RSF and EBR constituted 40 per cent, 17.8 per cent, 1.6 per cent and 40.6 per cent respectively of 2015-16 (BE) plan outlay. The plan expenditure to end of Dec' 15 worked out to ` 53,118 crore as compared to ` 41,904 crore during COPPY (26.8 per cent higher).
CONCLUSION: Fiscal policy of 2015-16 was designed in the challenging circumstances. The Government needed to complement the macroeconomic objectives of promoting growth and stability even with the reduced fiscal space. Economic growth, measured by growth in Gross Domestic Product (GDP) at constant (2011-12) market prices is estimated at 7.5 per cent in 2015-16 (April-December), as compared to 7.4 per cent during the corresponding period of the previous year. During April-December, 2015, gross tax revenues registered a growth of 21.1 per cent over the gross tax revenues during corresponding period of previous financial year. Revenue receipts (net to the centre) as proportion of BE were 70.4 per cent as compared to 58.3 per cent of BE during COPPY. All components of tax revenue registered a growth over corresponding period of the previous financial year. However, major drivers of growth in tax revenues during this period were indirect taxes in general and Union Excise Duties in particular. Union Excise Duties grew by 68.3 per cent over COPPY. 14 Expenditure during April-December, 2015 marked an increase in pace with the trend in the previous financial year. At the end of December, 2015, total expenditure was 73.9 per cent of BE. During this period, receipts (excluding borrowings) were sufficient to cover only 62.8 per cent of the expenditure resulting in fiscal deficit of ` 4,88,185 crore. In terms of advanced estimated of GDP, fiscal deficit up to December, 2015 was 3.6 per cent of GDP.
At the end of the third quarter (April-December) of 2015-16, there is marked improvement in fiscal parameters when compared to corresponding period of the previous financial year. With macro-economic parameters posing improvement, further improvement in the last quarter of the financial year is expected. However, the growth in receipts from direct taxes was lower than expectation. Also, receipts from non-debt capital receipts, which mainly include disinvestment receipts, were only 27.4 per cent of BE. This necessitated downward revision of both direct tax receipts as well as disinvestment receipts in revised estimates of 2015-16. Measures initiated by Government for expenditure management, fiscal prudence, subsidy reforms, direct transfer of benefits (DBT) are underway and incremental benefits are likely to accrue. **** 15 Annex I TAX REVENUE (` crore) 2015-16 2014-15 DESCRIPTION BE ACTUALS % BE ACTUALS % upto 12/2015 upto 12/2014 (1) (2) (3) (4) (5) (6) (7) 1 Corporation Tax 470628.00 305666.17 65% 451005.00 277619.78 62% 2 Taxes on Income 327367.00 191321.68 58% 284266.00 171495.41 60% (a) Taxes on Income other than Corporation Tax 320836.00 186104.83 58% 278275.00 166555.90 60% (b) Securities Transaction Tax 6531.00 5216.85 80% 5991.00 4939.51 82% 3 Wealth Tax 0.00 850.55 950.00 840.73 88% 4 Customs 208336.00 159483.92 77% 201819.00 135596.00 67% 5 Union Excise Duties 229808.54 171420.26 75% 207110.00 101859.20 49% 6 Service Tax 209774.00 130923.55 62% 215973.00 105195.94 49% 7 Other taxes 3577.02 3563.21 100% 3401.41 3078.59 91% (a) Direct Taxes -11.57 3.67 (b) Indirect Taxes 3574.78 3074.92 GROSS TAX REVENUE 1449490.56 963229.34 66% 1364524.41 795685.65 58% Of which netted against expenditure (Surcharge for financing National Calamity Contigency Fund) 5690.00 4152.22 73% 5050.00 3362.06 67% Balance Gross Tax Revenue 1443800.56 959077.12 66% 1359474.41 792323.59 58% Less Assignment to States 523958.24 336829.50 64% 382215.94 246609.52 65% NET TAX REVENUE 919842.32 622247.62 68% 977258.47 545714.07 56% 16 Annex II NON-TAX REVENUE (` crore) 2015-16 2014-15 DESCRIPTION BE ACTUALS % BE ACTUALS % Upto 12/2015 Upto 12/2014 (1) (2) (3) (4) (5) (6) (7) A. Interest receipts 44663.45 30600.63 69% 43572.35 30980.39 71% Less-i) Receipts incidential to Market Borrowing taken in reduction of cost of borrowing 19944.12 13608.59 68% 22871.28 14222.64 62% ii) Waiver of Interest 1120.00 1120.00 100% 950.00 950.00 100% Net Interest Receipts 23599.33 15872.04 67% 19751.07 15807.75 80% B. Dividends and Profits 100651.14 83424.68 83% 90229.28 69674.37 77% C. Non-Tax Revenue of U.T.s 1295.82 1041.49 80% 1110.68 869.11 78% D. Other Non-Tax Revenue Fiscal Services 755.00 447.75 59% 168.22 301.80 179% Other General Services 29691.14 19893.09 67% 26834.76 20677.38 77% Less: Other Receipts utilised to write-off loans etc. 1005.18 0.00 0% 1005.18 5.18 1% Net - Other General Services 28685.96 19893.09 69% 25829.58 20672.20 80% Social Services 5878.81 4031.36 69% 4850.64 3400.99 70% Economic Services 92090.66 70149.66 76% 95608.45 51424.07 54% Less - (I) Other Receipts utilised to write-off loans 6.00 1.01 17% 4.50 7.61 169% Net Economic Services 92084.66 70148.65 76% 95603.95 51416.46 54% Grants-in-Aid and Contributions 1773.77 1837.75 104% 2404.51 1125.51 47% Total Other Non-Tax Revenue 129178.20 96358.60 75% 128856.90 76916.96 60% Less : Commercial Departments 32991.90 15136.26 46% 27443.32 15209.43 55% Net Other Non-Tax Revenue 96186.30 81222.34 84% 101413.58 61707.53 61% Net Non-Tax Revenue (A+B+C+D) 221732.59 181560.55 82% 212504.61 148058.76 70% 17 Annex III CAPITAL RECEIPTS (` crore) 2015-16 2014-15 DESCRIPTION BE ACTUALS % BE ACTUALS % for 12/2015 for 12/2014 (1) (2) (3) (4) (5) (6) (7) 1 (a) Market Loans including Short term borrowings 486468.01 436070.05 90% 495757.54 419004.78 85% (b) Receipt under MSS (Net) 20000.00 0.00 0% 20000.00 0.00 0% (c) Treasury Bills (14 days ) 0.00 -26607.57 0.00 -15603.01 2 Securities against Small Savings 22407.52 5121.54 23% 8228.52 -889.26 -11% 3 (i) External Loans Gross borrowings 34373.35 21790.17 63% 28175.04 19999.24 71% Less: Repayments 23200.00 17061.65 74% 22441.26 15304.65 68% Net Borrowings 11173.35 4728.52 42% 5733.78 4694.59 82% (ii) Revolving Fund -2.20 -6.49 Non-Debt Capital Receipts (4&5) 4 Recoveries of Loans and Advances Gross recoveries 22713.87 10078.61 44% 22817.19 10258.32 45% Less Recoveries of Ways & Means Advances and Loans to Govt. Servants 11961.04 940.41 8% 12290.00 1976.39 16% Net Recoveries of Loans & Advances 10752.83 9138.20 85% 10527.19 8281.93 79% 5 Miscellaneous capital Receipts 69500.00 12865.89 19% 63425.00 1951.82 3% (i) Disinvestment of Govt.'s Equity Holdings 41000.00 12865.50 31% 43425.00 1951.82 4% (ii) Other Misc. Receipts 0.39 20000.00 0.00 0% (iii)Strategic Disinvestment 28500.00 0.00 0% 6 National Small Savings Fund 1.09 58016.47 1.96 31010.31 (a) Small Savings, Public Provident Funds 52025.18 43710.16 84% 24885.76 13231.15 53% (b) Investment in Securities -32744.99 6412.58 -20% -3430.54 10019.94 -292% (c) Income & Expenditure of NSSF -19279.10 7893.73 -41% -21453.26 7759.22 -36% 7 State Provident Funds 10000.00 1844.76 18% 12000.00 1923.86 16% 8 Public Accounts (other than SPF & NSSF) 20621.83 -14224.22 -69% -4251.66 7419.34 -175% 9 Other internal Debt Receipts -7063.94 -6644.80 94% -3453.76 -1748.35 51% 10 Ways & Means Advances 0.00 0.00 11 Investment (-)/redemption(+) of Surplus Cash 22281.00 -184.00 12 Decrease in Cash Balance (Including difference between RBI & A/C) 12041.44 7601.13 63% 17160.40 86759.33 506% 13 Cash held under MSS -20000.00 0.00 0% -20000.00 0.00 0% TOTAL 635902.13 510188.77 80% 605128.97 542614.85 90% 18 Annex IV PLAN EXPENDITURE (` crore) GRANT MINISTRY/ 2015-16 2014-15 NO. DEPARTMENT BE ACTUALS % BE ACTUALS % Upto 12/2015 Upto 12/2014 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF AGRICULTURE 21828.49 14034.76 64% 28198.00 19428.13 69% 1 Department of Agriculture and Cooperation 16646.35 10231.13 61% 22309.00 16116.99 72% 2 Department of Agricultural Research and Education 3691.00 2716.38 74% 3715.00 1979.65 53% 3 Department of Animal Husbandry, Dairying and Fisheries 1491.14 1087.25 73% 2174.00 1331.49 61% DEPARTMENT OF ATOMIC ENERGY 5900.00 3824.29 65% 5880.00 2987.84 51% 4 Atomic Energy 5000.00 3394.05 68% 4910.00 2787.84 57% 5 Nuclear Power Schemes 900.00 430.24 48% 970.00 200.00 21% MINISTRY OF AYURVEDA, YOGA AND NATUROPATHY, UNANI, SIDDHA AND HOMOEOPATHY (AYUSH) 1008.00 697.44 69% 1069.00 295.99 28% 6 Ministry of Ayurveda, Yoga & Naturopathy,Unani, Siddha and Homoeopathy(AYUSH) 1008.00 697.44 69% 1069.00 295.99 28% MINISTRY OF CHEMICALS AND FERTILISERS 448.00 243.10 54% 514.00 114.46 22% 7 Department of Chemicals and Petrochemicals 188.00 120.80 64% 207.00 74.20 36% 8 Department of Fertilisers 50.00 1.20 2% 100.00 1.83 2% 9 Department of Pharmaceuticals 210.00 121.10 58% 207.00 38.43 19% MINISTRY OF CIVIL AVIATION 2720.00 3449.85 127% 6720.00 5397.48 80% 10 Ministry of Civil Aviation 2720.00 3449.85 127% 6720.00 5397.48 80% MINISTRY OF COAL 551.00 514.25 93% 550.00 427.53 78% 11 Ministry of Coal 551.00 514.25 93% 550.00 427.53 78% MINISTRY OF COMMERCE AND INDUSTRY 3689.65 2694.16 73% 3926.00 2632.57 67% 12 Department of Commerce 1425.15 1184.56 83% 2226.00 1547.01 69% 13 Department of Industrial Policy & Promotion 2264.50 1509.60 67% 1700.00 1085.56 64% MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY 8236.56 5889.54 72% 12115.00 4225.07 35% 14 Department of Posts 468.61 272.51 58% 800.00 139.32 17% 15 Department of Telecommunications Gross 7599.95 3879.86 51% 11037.00 3661.66 33% Less : Recoveries 2400.00 40.66 2% 3537.00 1781.93 50% Net 5199.95 3839.20 74% 7500.00 1879.73 25% 16 Department of Electronics and Information Technology 2568.00 1777.83 69% 3815.00 2206.02 58% 19 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION 392.00 173.24 44% 550.00 158.01 29% 17 Department of Consumer Affairs 180.00 105.18 58% 220.00 67.81 31% 18 Department of Food and Public Distibution 212.00 68.06 32% 330.00 90.20 27% MINISTRY OF CORPORATE AFFAIRS 24.00 13.60 57% 24.00 16.39 68% 19 Ministry of Corporate Affairs 24.00 13.60 57% 24.00 16.39 68% MINISTRY OF CULTURE 1455.00 932.07 64% 1835.00 1141.32 62% 20 Ministry of Culture 1455.00 932.07 64% 1835.00 1141.32 62% MINISTRY OF DEFENCE 450.00 106.96 24% 0.00 0.00 21 Ministry of Defence 450.00 106.96 24% 0.00 0.00 MINISTRY OF DEVELOPMENT OF NORTH EASTERN REGION 2334.50 1633.56 70% 2306.00 1185.62 51% 29 Ministry of Development of North Eastern Region Gross 2334.50 1633.56 70% 2476.00 1213.09 49% Less : Recoveries 0.00 0.00 170.00 27.47 16% Net 2334.50 1633.56 70% 2306.00 1185.62 51% MINISTRY OF DRINKING WATER AND SANITATION 6236.00 6886.86 110% 15260.00 8456.60 55% 30 Ministry of Drinking Water and Sanitation 6236.00 6886.86 110% 15260.00 8456.60 55% MINISTRY OF EARTH SCIENCES 1179.00 641.19 54% 1281.00 821.88 64% 31 Ministry of Earth Sciences 1179.00 641.19 54% 1281.00 821.88 64% MINISTRY OF ENVIRONMENT AND FORESTS AND CLIMATE CHANGE 1446.60 1078.99 75% 2043.00 1300.08 64% 32 Ministry of Environment and Forests and Climate Change 1446.60 1078.99 75% 2043.00 1300.08 64% MINISTRY OF EXTERNAL AFFAIRS 5336.20 2251.64 42% 5100.00 2784.16 55% 33 Ministry of External Affairs 5336.20 2251.64 42% 5100.00 2784.16 55% MINISTRY OF FINANCE 54274.10 39142.88 72% 96367.00 53091.30 55% 34 Department of Economic Affairs Gross 10110.70 4154.72 41% 11427.00 6674.49 58% Less : Recoveries 1645.60 822.00 50% 1496.00 1122.00 75% Net 8465.10 3332.72 39% 9931.00 5552.49 56% 35 Department of Financial Services Gross 17745.00 21253.50 120% 25300.00 2200.00 9% Less : Recoveries 7940.00 0.00 0% 11200.00 0.00 0% Net 9805.00 21253.50 217% 14100.00 2200.00 16% 37 Transfers to State and UT Governments 36000.00 14539.78 40% 72332.00 45336.81 63% 40 Department of Expenditure 4.00 16.88 422% 4.00 2.00 50% MINISTRY OF FOOD PROCESSING INDUSTRIES 487.00 377.37 77% 770.00 516.18 67% 47 Ministry of Food Processing Industries 487.00 377.37 77% 770.00 516.18 67% 20 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF HEALTH AND FAMILY WELFARE 26659.17 20059.80 75% 33156.00 20008.24 60% 48 Department of Health and Family Welfare 24549.00 18430.95 75% 30645.00 18461.11 60% 49 Department of Health Research 713.17 486.08 68% 726.00 481.14 66% 50 Department of AIDS Control 1397.00 1142.77 82% 1785.00 1065.99 60% MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES 678.88 161.28 24% 809.00 391.20 48% 51 Department of Heavy Industry 669.88 156.92 23% 800.00 387.88 48% 52 Department of Public Enterprises 9.00 4.36 48% 9.00 3.32 37% MINISTRY OF HOME AFFAIRS 9542.98 6081.11 64% 12678.00 6527.73 51% 53 Ministry of Home Affairs 705.00 600.74 85% 794.00 313.90 40% 55 Police Gross 7521.98 4568.21 61% 10577.00 5372.53 51% Less : Recoveries 150.00 6.42 4% 150.00 0.00 0% Net 7371.98 4561.79 62% 10427.00 5372.53 52% 56 Other Expenditure of the Ministry of Home Affairs 327.00 64.33 20% 318.00 39.09 12% 57 Transfers to UT Governments 1139.00 854.25 75% 1139.00 802.21 70% MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION 5625.30 1039.44 18% 6000.00 2203.31 37% 58 Ministry of Housing and Urban Poverty Alleviation 5625.30 1039.44 18% 6000.00 2203.31 37% MINISTRY OF HUMAN RESOURCE DEVELOPMENT 54893.76 40943.17 75% 68728.00 45681.46 66% 59 Department of School Education and Literacy Gross 66613.50 29761.71 45% 79408.00 36153.81 46% Less : Rec. (Prarambik shiksha kosh) 27575.00 0.00 0% 27580.00 0.00 0% Net 39038.50 29761.71 76% 51828.00 36153.81 70% 60 Department of Higher Education 15855.26 11181.46 71% 16900.00 9527.65 56% MINISTRY OF INFORMATION AND BROADCASTING 914.53 551.10 60% 1005.00 577.17 57% 61 Ministry of Information and Broadcasting 914.53 551.10 60% 1005.00 577.17 57% MINISTRY OF LABOUR AND EMPLOYMENT 2153.02 615.59 29% 2448.60 709.82 29% 62 Ministry of Labour and Employment 2153.02 615.59 29% 2448.60 709.82 29% MINISTRY OF LAW AND JUSTICE 806.65 540.19 67% 1103.00 833.06 76% 64 Law and Justice 806.65 540.19 67% 1103.00 833.06 76% MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISE 2612.51 1735.20 66% 3327.00 1818.39 55% 66 Ministry of Micro, Small and Medium Enterprises 2612.51 1735.20 66% 3327.00 1818.39 55% MINISTRY OF MINES 570.58 324.83 57% 567.00 258.91 46% 67 Ministry of Mines 570.58 324.83 57% 567.00 258.91 46% 21 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF MINORITY AFFAIRS 3712.78 1413.33 38% 3711.00 2287.56 62% 68 Ministry of Minority Affairs 3712.78 1413.33 38% 3711.00 2287.56 62% MINISTRY OF NEW AND RENEWABLE ENERGY 287.67 201.30 70% 941.00 619.25 66% 69 Ministry of New and Renewable Energy Gross 2787.67 2645.98 95% 2519.00 1742.66 69% Less : Recoveries 2500.00 2444.68 98% 1578.00 1123.41 71% Net 287.67 201.30 70% 941.00 619.25 66% MINISTRY OF OVERSEAS INDIAN AFFAIRS 20.00 1.27 6% 20.00 0.00 0% 70 Ministry of Overseas Indian Affairs 20.00 1.27 6% 20.00 0.00 0% MINISTRY OF PANCHAYATI RAJ 94.00 129.08 137% 7000.00 3179.15 45% 71 Ministry of Panchayati Raj 94.00 129.08 137% 7000.00 3179.15 45% MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES & PENSIONS 260.15 156.93 60% 279.00 165.28 59% 73 Ministry of Personnel, Public Grievances and Pensions 260.15 156.93 60% 279.00 165.28 59% MINISTRY OF PETROLEUM AND NATURAL GAS 50.00 48.00 96% 43.00 0.00 0% 75 Ministry of Petroleum and Natural Gas 50.00 48.00 96% 43.00 0.00 0% MINISTRY OF PLANNING 2114.52 1291.11 61% 2515.00 1126.00 45% 76 Ministry of Planning 2114.52 1291.11 61% 2515.00 1126.00 45% MINISTRY OF POWER 6799.74 6199.14 91% 9642.00 4620.60 48% 77 Ministry of Power Gross 8092.74 6772.50 84% 10558.00 4695.99 44% Less : Recoveries 1293.00 573.36 44% 916.00 75.39 8% Net 6799.74 6199.14 91% 9642.00 4620.60 48% MINISTRY OF ROAD TRANSPORT AND HIGHWAYS 42912.65 36440.75 85% 28881.00 25137.25 87% 83 Ministry of Road Transport and Highways Gross 75292.74 59198.36 79% 51481.44 41558.03 81% Less : Recoveries (Central Road fund & Bridge fee fund) 32380.09 22757.61 70% 22600.44 16420.78 73% Net 42912.65 36440.75 85% 28881.00 25137.25 87% MINISTRY OF RURAL DEVELOPMENT 73269.77 62535.32 85% 83793.00 60486.41 72% 84 Department of Rural Development Gross 113994.50 61070.87 54% 118192.20 58191.37 49% Less : Recoveries (National Emp. Gur fund/CR fund) 42352.50 0.00 0% 38149.20 0.00 0% Net 71642.00 61070.87 85% 80043.00 58191.37 73% 85 Department of Land Resources 1627.77 1464.45 90% 3750.00 2295.04 61% 22 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF SCIENCE AND TECHNOLOGY 7289.30 5485.91 75% 6725.00 4659.35 69% 86 Department of Science and Technology 3401.50 2649.04 78% 3125.00 2175.94 70% 87 Department of Scientific and Industrial Research 2281.00 1622.35 71% 2100.00 1486.97 71% 88 Department of Bio-Technology 1606.80 1214.52 76% 1500.00 996.44 66% MINISTRY OF SHIPPING 932.79 688.17 74% 899.00 380.26 42% 89 Ministry of Shipping 932.79 688.17 74% 899.00 380.26 42% MINISTRY OF SKILL DEVELOPMENT AND ENTREPRNEURSHIP 1500.00 500.00 33% 0.00 0.00 90 Ministry of Skill Development and Entrepreneurship 1500.00 500.00 33% 0.00 0.00 MINISTRY OF SOCIAL JUSTICE & EMPOWERMENT 6467.00 4113.50 64% 6165.00 3960.55 64% 91 Ministry of Social Justice & Empowerment 6467.00 4113.50 64% 6165.00 3960.55 64% DEPARTMENT OF DISABILITY AFFAIRS 565.40 332.60 59% 565.00 234.13 41% 92 Department of Disability Affairs 565.40 332.60 59% 565.00 234.13 41% DEPARTMENT OF SPACE 6000.19 3736.58 62% 6000.00 3714.80 62% 93 Department of Space Gross 6000.19 3736.58 62% 6000.04 3714.80 62% Less : Recoveries 0.00 0.00 0.04 0.00 0% Net 6000.19 3736.58 62% 6000.00 3714.80 62% MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION 4352.50 2694.03 62% 4478.00 2643.32 59% 94 Ministry of Statistics and Programme Implementation 4352.50 2694.03 62% 4478.00 2643.32 59% MINISTRY OF STEEL 15.00 8.55 57% 20.00 -5.42 -27% 95 Ministry of Steel 15.00 8.55 57% 20.00 -5.42 -27% MINISTRY OF TEXTILES 3523.32 2282.24 65% 4831.00 2575.29 53% 96 Ministry of Textiles 3523.32 2282.24 65% 4831.00 2575.29 53% MINISTRY OF TOURISM 1483.20 591.75 40% 1882.00 525.85 28% 97 Ministry of Tourism 1483.20 591.75 40% 1882.00 525.85 28% MINISTRY OF TRIBAL AFFAIRS 4792.19 3622.11 76% 4479.00 3000.75 67% 98 Ministry of Tribal Affairs 4792.19 3622.11 76% 4479.00 3000.75 67% U.T.s WITHOUT LEGISLATURE 5044.00 3222.25 64% 4737.00 2719.07 57% 99 Andaman & Nicobar Islands 2200.00 1486.39 68% 2100.00 1293.11 62% 100 Chandigarh 860.00 489.03 57% 813.00 425.38 52% 101 Dadra & Nagar Haveli 750.00 610.69 81% 703.00 497.00 71% 102 Daman & Diu 723.60 344.02 48% 657.00 303.32 46% 103 Lakshadweep 510.40 292.12 57% 464.00 200.26 43% 23 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF URBAN DEVELOPMENT 16054.18 10961.72 68% 16984.40 7374.44 43% 104 Department of Urban Development 15676.20 10796.32 69% 16508.09 7207.98 44% 105 Public Works 377.98 165.40 44% 476.31 166.46 35% MINISTRY OF WATER RESOURCES, RIVER DEVELOPMENT AND GANGA REJUVENATION 3607.00 3115.83 86% 13237.00 3443.54 26% 107 Ministry of Water Resources, River Development and Ganga Rejuvenation Gross 5732.00 3124.94 55% 14762.00 3459.47 23% Less : Recoveries 2125.00 9.11 0% 1525.00 15.93 1% Net 3607.00 3115.83 86% 13237.00 3443.54 26% MINISTRY OF WOMEN AND CHILD DEVELOPMENT 10286.73 11416.26 111% 21100.00 14305.91 68% 108 Ministry of Women and Child Development 10286.73 11416.26 111% 21100.00 14305.91 68% MINISTRY OF YOUTH AFFAIRS & SPORTS 1389.48 838.72 60% 1643.00 787.12 48% 109 Ministry of Youth Affairs and Sports 1389.48 838.72 60% 1643.00 787.12 48% RAILWAYS 40000.00 27313.92 68% 30100.00 20700.55 69% Ministry of Railways Gross 27313.92 20704.30 Less : Exp.met from Receipts 0.00 3.75 Exp. Met from Reserve Funds 0.00 0.00 Net 40000.00 27313.92 68% 30100.00 20700.55 69% GRAND TOTAL 465277.04 345977.83 74% 575000.00 352630.91 61% 24 Annex V NON-PLAN EXPENDITURE (` crore) 2015-2016 2014-15 Grant MINISTRY/ BE ACTUALS % BE ACTUALS % No. DEPARTMENT Upto 12/2015 Upto 12/2014 MINISTRY OF AGRICULTURE 3081.29 2230.15 72% 2864.94 2161.07 75% 1 Department of Agriculture and Cooperation 358.00 226.18 63% 343.25 248.27 72% 2 Department of Agricultural Research and Education 2629.00 1966.73 75% 2429.39 1815.61 75% 3 Department of Animal Husbandry, Dairying and Fisheries Gross 645.02 343.07 53% 572.31 380.50 66% Less : Receipts 550.73 305.83 56% 480.01 283.31 59% Net 94.29 37.24 39% 92.30 97.19 105% DEPARTMENT OF ATOMIC ENERGY 5012.00 4788.71 96% 4566.59 4467.39 98% 4 Atomic Energy Gross 7085.44 5265.27 74% 6339.44 5146.10 81% Less : Receipts 2593.03 927.12 36% 2264.94 1262.86 56% Recoveries 292.41 108.22 37% 247.50 110.66 45% Net 4200.00 4229.93 101% 3827.00 3772.58 99% 5 Nuclear Power Schemes Gross 3959.65 2977.45 75% 3927.49 2801.81 71% Less : Receipts 3147.65 2418.67 77% 3187.90 2107.00 66% Net 812.00 558.78 69% 739.59 694.81 94% MINISTRY OF AYURVEDA, YOGA AND NATURAPATHY, UNANI, SIDDHA AND HOMOEOPATHY (AYUSH) 206.00 125.48 61% 203.15 116.09 57% 6 Ministry of Ayurveda, Yoga and Naturopathy,Unani, Siddha and Homoeopathy( AYUSH) 206.00 125.48 61% 203.15 116.09 57% MINISTRY OF CHEMICALS AND FERTILISERS 73114.00 67877.71 93% 73104.55 61174.91 84% 7 Department of Chemicals and Petrochemicals 67.18 29.80 44% 63.68 31.67 50% 8 Department of Fertilisers Gross 77097.80 71613.07 93% 77100.00 63002.23 82% Less : Recoveries 4100.00 3806.47 93% 4100.00 1886.36 46% Net 72997.80 67806.60 93% 73000.00 61115.87 84% 9 Department of Pharmaceuticals 49.02 41.31 84% 40.87 27.37 67% MINISTRY OF CIVIL AVIATION 621.50 522.93 84% 657.98 553.59 84% 10 Ministry of Civil Aviation Gross 621.54 522.95 84% 658.02 553.63 84% Less : Recoveries 0.04 0.02 50% 0.04 0.04 100% Net 621.50 522.93 84% 657.98 553.59 84% 25 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF COAL 55.00 454.00 825% 50.00 111.26 223% 11 Ministry of Coal Gross 1155.00 724.41 63% 1697.00 728.14 43% Less : Recoveries 1100.00 270.41 25% 1647.00 616.88 37% Net 55.00 454.00 825% 50.00 111.26 223% MINISTRY OF COMMERCE AND INDUSTRY 4018.05 1638.26 41% 3873.02 2867.24 74% 12 Department of Commerce Gross 3666.36 1462.00 40% 3631.00 2695.87 74% Less : Recoveries 0.00 0.00 3.00 6.96 232% Net 3666.36 1462.00 40% 3628.00 2688.91 74% 13 Department of Industrial Policy and Promotion 351.69 176.26 50% 245.02 178.33 73% MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY 15006.74 18518.65 123% 14054.92 16215.16 115% 14 Department of Posts Gross 19362.30 14523.65 75% 17859.85 13715.99 77% Less : Receipts 12036.87 3625.30 30% 10281.90 3411.28 33% Recoveries 655.34 26.19 4% 665.19 34.71 5% Net 6670.09 10872.16 163% 6912.76 10270.00 149% 15 Department of Telecommunications 8274.65 7596.59 92% 7028.06 5839.66 83% 16 Department of Electronics and Information Technology 62.00 49.90 80% 114.10 105.50 92% MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION 125081.77 120298.71 96% 115402.63 109432.87 95% 17 Department of Consumer Affairs Gross 96.77 71.46 74% 90.79 59.19 65% Less :Recoveries 15.00 0.03 0% 15.00 0.00 0% Net 81.77 71.43 87% 75.79 59.19 78% 18 Department of Food & Public Distribution Gross 136325.55 120789.78 89% 125954.34 109660.29 87% Less: Receipts 10000.00 0.00 0% 10000.00 0.00 0% Recoveries 1325.55 562.50 42% 627.50 286.61 46% Net 125000.00 120227.28 96% 115326.84 109373.68 95% MINISTRY OF CORPORATE AFFAIRS 247.88 186.27 75% 231.25 166.45 72% 19 Ministry of Corporate Affairs 247.88 186.27 75% 231.25 166.45 72% MINISTRY OF CULTURE 714.00 563.17 79% 676.00 507.78 75% 20 Ministry of Culture 714.00 563.17 79% 676.00 507.78 75% MINISTRY OF DEFENCE 309629.60 212614.23 69% 285202.87 203577.44 71% 21 Ministry of Defence Gross 23427.22 13881.40 59% 16577.87 12321.87 74% Less : Receipts 14924.62 8493.71 57% 11375.00 8624.55 76% Recoveries 100.00 31.90 32% 0.00 0.00 Net 8402.60 5355.79 64% 5202.87 3697.32 71% 22 Defence Pensions 54500.00 41273.06 76% 51000.00 42561.80 83% DEFENCE SERVICES 246727.00 165985.38 67% 229000.00 157318.32 69% 23 Defence Services-Army Gross 107040.83 79039.64 74% 95337.82 74934.53 79% 26 (1) (2) (3) (4) (5) (6) (7) (8) Less : Receipts 2836.88 1527.01 54% 2623.50 1251.60 48% Recoveries 45.00 0.00 0% 45.00 0.00 0% Net 104158.95 77512.63 74% 92669.32 73682.93 80% 24 Defence Services-Navy Gross 16125.64 10895.07 68% 14175.79 10139.40 72% Less : Receipts 600.00 221.04 37% 200.00 520.91 260% Net 15525.64 10674.03 69% 13975.79 9618.49 69% 25 Defence Services-Air Force Gross 24300.09 15272.10 63% 21206.84 15668.27 74% Less : Receipts 1300.00 632.24 49% 700.00 2570.30 367% Net 23000.09 14639.86 64% 20506.84 13097.97 64% 26 Defence Ordnance Factories Gross 14705.73 3154.92 21% 14316.65 2601.71 18% Less : Receipts 1678.93 1011.69 60% 1660.47 1047.32 63% Recoveries 10142.57 0.00 0% 11380.75 0.00 0% Net 2884.23 2143.23 74% 1275.43 1554.39 122% 27 Defence Services - Research and Development Gross 6635.09 4561.43 69% 6039.67 4370.13 72% Less : Receipts 65.00 285.86 440% 55.00 224.00 407% Net 6570.09 4275.57 65% 5984.67 4146.13 69% 28 Capital Outlay on Defence Services 94588.00 56740.06 60% 94587.95 55218.41 58% MINISTRY OF DEVELOPMENT OF NORTH EASTERN REGION 28.24 21.10 75% 26.78 20.90 78% 29 Ministry of Development of North Eastern Region Gross 198.24 21.10 11% 26.78 20.90 78% Less : Recoveries 170.00 0.00 0% 0.00 0.00 Net 28.24 21.10 75% 26.78 20.90 78% MINISTRY OF DRINKING WATER AND SANITATION 7.87 6.80 86% 6.85 5.80 85% 30 Ministry of Drinking Water and Sanitation 7.87 6.80 86% 6.85 5.80 85% MINISTRY OF EARTH SCIENCES 440.70 330.62 75% 418.00 318.15 76% 31 Ministry of Earth Sciences Gross 443.68 332.34 75% 421.23 319.18 76% Less : Recoveries 2.98 1.72 58% 3.23 1.03 32% Net 440.70 330.62 75% 418.00 318.15 76% MINISTRY OF ENVIRONMENT AND FORESTS AND CLIMATE CHANGE 235.00 174.52 74% 213.00 161.23 76% 32 Ministry of Environment and Forests and Climate Change Gross 491.00 284.61 58% 467.50 255.19 55% Less: Receipt 256.00 110.09 43% 254.50 93.96 37% Net 235.00 174.52 74% 213.00 161.23 76% MINISTRY OF EXTERNAL AFFAIRS 9630.63 6997.38 73% 9630.39 7318.97 76% 33 Ministry of External Affairs 9630.63 6997.38 73% 9630.39 7318.97 76% MINISTRY OF FINANCE 625686.88 414901.89 66% 544037.18 340336.03 63% 34 Department of Economic Affairs Gross 13265.87 6934.13 52% 10563.42 6066.77 57% Less: Recoveries 2500.00 3037.80 122% 2000.05 639.80 32% Receipts 1991.41 740.69 37% 1688.26 1749.60 104% Net 8774.46 3155.64 36% 6875.11 3677.37 53% 27 (1) (2) (3) (4) (5) (6) (7) (8) 35 Department of Financial Services 15061.80 11837.77 79% 7536.10 5188.28 69% 36 Interest Payments Gross 476089.17 315906.68 66% 449882.66 289442.59 64% Less : Receipts 19944.12 13608.59 68% 22871.28 14222.64 62% Net 456145.05 302298.09 66% 427011.38 275219.95 64% 37 Transfers to State and UT Governments Gross 100669.52 68323.20 68% 76100.00 31649.01 42% Less : Receipts 5790.00 4152.22 72% 6050.00 3361.06 56% Recoveries 5690.00 5632.64 99% 5050.00 795.95 16% Net 89189.52 58538.34 66% 65000.00 27492.00 42% 38 Loans to Govt. Servants etc. Gross 200.00 87.15 44% 200.00 98.95 49% Less : Receipts 375.00 199.72 53% 375.00 226.79 60% Net -175.00 -112.57 64% -175.00 -127.84 73% 39 Repayment of Debt Gross (Excluding MSS) 4233227.78 2659287.15 63% 4064025.03 2805862.97 69% Less : Receipts 4233227.78 2659287.15 63% 4064025.03 2805862.97 69% Net 0.00 0.00 0.00 0.00 40 Department of Expenditure 152.84 90.15 59% 151.90 99.87 66% 41 Pensions Gross 27285.00 21523.16 79% 24778.00 19823.16 80% Less : Receipts 1000.00 0.00 0% 1000.00 0.00 0% Net 26285.00 21523.16 82% 23778.00 19823.16 83% 42 Indian Audit and Accounts Department Gross 3677.39 2572.50 70% 3337.08 2469.54 74% Less: Recoveries 248.34 92.68 37% 213.51 81.05 38% Net 3429.05 2479.82 72% 3123.57 2388.49 76% 43 Department of Revenue Gross 16187.69 8216.79 51% 832.91 360.63 43% Less: Receipts 400.43 192.73 48% 338.97 209.35 62% Recoveries 78.26 0.02 0% 56.04 1.07 2% Net 15709.00 8024.04 51% 437.90 150.21 34% 44 Direct Taxes Gross 5408.56 3574.89 66% 5094.89 3195.81 63% Less: Recoveries 2.00 0.53 27% 2.00 22.26 Net 5406.56 3574.36 66% 5092.89 3173.55 62% 45 Indirect Taxes Gross 5665.10 3488.06 62% 5155.83 3233.43 63% Less: Recoveries 0.50 2.35 470% 0.50 1.69 338% Net 5664.60 3485.71 62% 5155.33 3231.74 63% 46 Department of Disinvestment 44.00 7.38 17% 50.00 19.25 39% MINISTRY OF FOOD PROCESSING INDUSTRIES 18.51 12.84 69% 15.86 10.82 68% 47 Ministry of Food Processing Industries 18.51 12.84 69% 15.86 10.82 68% MINISTRY OF HEALTH AND FAMILY WELFARE 5409.00 4431.17 82% 4809.67 4785.82 100% 48 Department of Health and Family Welfare Gross 7819.67 5023.10 64% 7800.79 5391.29 69% Less : Recoveries 2715.67 797.68 29% 3282.79 835.19 25% Net 5104.00 4225.42 83% 4518.00 4556.10 101% 49 Department of Health Research 305.00 205.75 67% 291.67 229.72 79% 28 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES 964.85 302.37 31% 453.44 382.64 84% 51 Department of Heavy Industry 954.85 294.47 31% 443.62 374.78 84% 52 Department of Public Enterprises 10.00 7.90 79% 9.82 7.86 80% MINISTRY OF HOME AFFAIRS 58901.12 47852.10 81% 53067.28 42417.27 80% 53 Ministry of Home Affairs 865.00 557.75 64% 850.67 551.70 65% 54 Cabinet 416.99 440.00 106% 433.52 352.53 81% 55 Police Gross 55082.54 44968.42 82% 49326.76 39883.63 81% Less : Recoveries 330.00 164.65 50% 303.00 149.01 49% Net 54752.54 44803.77 82% 49023.76 39734.62 81% 56 Other Expenditure of the Ministry of Home Affairs 2237.59 1372.58 61% 2171.83 1337.67 62% 57 Transfers to UT Govts. 629.00 678.00 108% 587.50 440.75 75% MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION 9.17 8.13 89% 8.62 6.66 77% 58 Ministry of Housing and Urban Poverty Alleviation 9.17 8.13 89% 8.62 6.66 77% MINSTRY OF HUMAN RESOURCE DEVELOPMENT 14181.00 11727.35 83% 14043.10 10761.93 77% 59 Department of School Education and Literacy 3181.00 3013.71 95% 3287.10 2693.18 82% 60 Department of Higher Education 11000.00 8713.64 79% 10756.00 8068.75 75% MINISTRY OF INFORMATION AND BROADCASTING 2796.58 2339.15 84% 2311.00 1736.99 75% 61 Ministry of Information and Broadcasting 2796.58 2339.15 84% 2311.00 1736.99 75% MINISTRY OF LABOUR AND EMPLOYMENT 3208.35 2784.32 87% 3159.73 2812.71 89% 62 Ministry of Labour and Employment Gross 3415.69 2784.44 82% 3354.71 2812.72 84% Less : Recoveries 207.34 0.12 0% 194.98 0.01 0% Net 3208.35 2784.32 87% 3159.73 2812.71 89% MINISTRY OF LAW AND JUSTICE 2952.00 1701.17 58% 1147.61 771.73 67% 63 Election Commission 80.00 45.40 57% 69.00 53.03 77% 64 Law and Justice 2717.00 1519.29 56% 944.25 596.28 63% 65 Supreme Court of India 155.00 136.48 88% 134.36 122.42 91% MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES 394.91 327.47 83% 375.28 267.39 71% 66 Ministry of Micro, Small and Medium Enterprises 394.91 327.47 83% 375.28 267.39 71% MINISTRY OF MINES 585.13 476.98 82% 537.26 438.65 82% 67 Ministry of Mines 585.13 476.98 82% 537.26 438.65 82% MINISTRY OF MINORITY AFFAIRS 25.33 17.59 69% 23.01 16.77 73% 68 Ministry of Minority Affairs 25.33 17.59 69% 23.01 16.77 73% MINISTRY OF NEW AND RENEWABLE ENERGY 15.54 10.41 67% 15.39 11.05 72% 69 Ministry of New and Renewable Energy 15.54 10.41 67% 15.39 11.05 72% MINISTRY OF OVERSEAS INDIANS AFFAIRS 98.17 56.69 58% 128.98 44.90 35% 70 Ministry of Overseas Indians Affairs 98.17 56.69 58% 128.98 44.90 35% 29 (1) (2) (3) (4) (5) (6) (7) (8) MINISTRY OF PANCHAYATI RAJ 0.75 1.07 143% 0.70 0.27 39% 71 Ministry of Panchayati Raj 0.75 1.07 143% 0.70 0.27 39% MINISTRY OF PARLIAMENTARY AFFAIRS 15.57 12.29 79% 14.35 11.20 78% 72 Ministry of Parliamentary Affairs 15.57 12.29 79% 14.35 11.20 78% MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES & PENSIONS 893.75 670.08 75% 791.41 618.83 78% 73 Ministry of Personnel, Public Grievances and Pensions 893.75 670.08 75% 791.41 618.83 78% CENTRAL VIGILANCE COMMISSION 27.68 17.38 63% 20.35 16.66 82% 74 Central Vigilance Commission 27.68 17.38 63% 20.35 16.66 82% MINISTRY OF PETROLEUM AND NATURAL GAS 30075.55 28100.64 93% 63500.00 52985.79 83% 75 Ministry of Petroleum and Natural Gas 30075.55 28100.64 93% 63500.00 52985.79 83% MINISTRY OF PLANNING 97.11 60.07 62% 91.86 65.58 71% 76 Ministry of Planning 97.11 60.07 62% 91.86 65.58 71% MINISTRY OF POWER -73.81 -1.99 3% -98.10 -17.41 18% 77 Ministry of Power Gross 179.09 139.26 78% 166.80 99.90 60% Less : Receipts 208.57 106.29 51% 224.60 114.31 51% Recoveries 44.33 34.96 79% 40.30 3.00 7% Net -73.81 -1.99 3% -98.10 -17.41 18% THE PRESIDENT, PARLIAMENT, UNION PUBLIC SERVICE COMMISSION AND THE SECRETARIAT OF THE VICE-PRESIDENT 1186.04 804.93 68% 1094.36 713.34 65% 78 Staff, Household and Allowances of the President 46.00 39.12 85% 38.25 30.94 81% 79 Lok Sabha 599.60 364.77 61% 562.86 322.19 57% 80 Rajya Sabha 336.39 228.76 68% 318.63 206.71 65% 81 Union Public Service Commission 200.00 169.18 85% 170.81 150.56 88% 82 Secretariat of the Vice-President 4.05 3.10 77% 3.81 2.94 77% MINISTRY OF ROAD TRANSPORT AND HIGHWAYS 2839.00 2112.36 74% 5464.20 3699.03 68% 83 Ministry of Road Transport and Highways Gross 2839.00 2112.36 74% 5564.20 3736.86 67% Less : Recoveries 0.00 0.00 100.00 37.83 38% Net 2839.00 2112.36 74% 5464.20 3699.03 68% MINISTRY OF RURAL DEVELOPMENT 62.81 44.63 71% 59.46 39.84 67% 84 Department of Rural Development 53.08 38.01 72% 50.33 32.87 65% 85 Department of Land Resources 9.73 6.62 68% 9.13 6.97 76% MINISTRY OF SCIENCE AND TECHNOLOGY 2202.54 1621.68 74% 2043.36 1548.45 76% 86 Department of Science and Technology Gross 460.32 331.93 72% 442.12 332.31 75% Less : Recoveries 26.12 24.08 92% 23.12 2.65 11% Net 434.20 307.85 71% 419.00 329.66 79% 87 Department of Scientific and Industrial Research 1750.00 1298.37 74% 1607.15 1205.37 75% 30 (1) (2) (3) (4) (5) (6) (7) (8) 88 Department of Biotechnology 18.34 15.46 84% 17.21 13.42 78% MINISTRY OF SHIPPING 507.00 437.38 86% 509.74 566.65 111% 89 Ministry of Shipping Gross 847.00 637.83 75% 875.74 723.23 83% Less : Receipts 250.00 186.61 75% 240.00 146.77 61% Recoveries 90.00 13.84 15% 126.00 9.81 8% Net 507.00 437.38 86% 509.74 566.65 111% MINISTRY OF SKILL DEVELOPMENT AND ENTREPRENEURSHIP 43.46 25.09 58% 0.00 0.00 90 Ministry of Skill Development and Entrepreneurship 43.46 25.09 58% 0.00 0.00 MINISTRY OF SOCIAL JUSTICE & EMPOWERMENT 57.82 42.78 74% 47.74 39.75 83% 91 Ministry of Social Justice & Empowerment 57.82 42.78 74% 47.74 39.75 83% DEPARTMENT OF DISABILITY AFFAIRS 71.54 52.79 74% 67.89 44.15 65% 92 Department of Disability Affairs 71.54 52.79 74% 67.89 44.15 65% DEPARTMENT OF SPACE 1388.00 1143.27 82% 1238.00 1191.18 96% 93 Department of Space 1388.00 1143.27 82% 1238.00 1191.18 96% MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION 474.37 382.46 81% 445.88 368.01 83% 94 Ministry of Statistics and Programme Implementation 474.37 382.46 81% 445.88 368.01 83% MINISTRY OF STEEL 67.95 16.79 25% 67.74 48.73 72% 95 Ministry of Steel Gross 73.13 16.79 23% 72.92 53.91 74% Less: Receipts 5.18 0.00 0% 5.18 5.18 100% Net 67.95 16.79 25% 67.74 48.73 72% MINISTRY OF TEXTILES 751.48 641.21 85% 866.43 541.41 62% 96 Ministry of Textiles 751.48 641.21 85% 866.43 541.41 62% MINISTRY OF TOURISM 89.87 57.36 64% 84.71 58.01 68% 97 Ministry of Tourism 89.87 57.36 64% 84.71 58.01 68% MINISTRY OF TRIBAL AFFAIRS 27.02 17.31 64% 18.96 15.81 83% 98 Ministry of Tribal Affairs 27.02 17.31 64% 18.96 15.81 83% U.Ts WITHOUT LEGISLATURE 4982.25 4222.04 85% 4402.01 4149.05 94% 99 Andaman & Nicobar Islands Gross 1660.38 1307.21 79% 1513.38 1307.04 86% Less : Recoveries 119.00 65.60 55% 168.57 41.71 25% Net 1541.38 1241.61 81% 1344.81 1265.33 94% 100 Chandigarh Gross 2971.47 2352.46 79% 2730.25 2264.57 83% Less : Recoveries 376.97 48.73 13% 432.94 100.05 23% Net 2594.50 2303.73 89% 2297.31 2164.52 94% 101 Dadra & Nagar Haveli Gross 157.46 112.81 72% 141.92 104.75 74% Less : Recoveries 15.90 4.87 31% 15.90 5.25 33% Net 141.56 107.94 76% 126.02 99.50 79% 31 (1) (2) (3) (4) (5) (6) (7) (8) 102 Daman & Diu Gross 1057.82 635.17 60% 982.12 701.29 71% Less : Recoveries 902.60 582.51 65% 852.60 591.04 69% Net 155.22 52.66 34% 129.52 110.25 85% 103 Lakshadweep Gross 644.38 531.84 83% 601.64 532.53 89% Less : Recoveries 94.79 15.74 17% 97.29 23.08 24% Net 549.59 516.10 94% 504.35 509.45 101% MINISTRY OF URBAN DEVELOPMENT 3162.69 2426.09 77% 3025.06 2323.09 77% 104 Department of Urban Development Gross 1156.04 848.83 73% 1120.51 839.40 75% Less : Recoveries 0.04 0.01 25% 0.04 0.00 0% Net 1156.00 848.82 73% 1120.47 839.40 75% 105 Public Works Gross 1964.86 1526.47 78% 1871.71 1422.79 76% Less : Recoveries 15.86 1.51 10% 46.25 3.47 8% Net 1949.00 1524.96 78% 1825.46 1419.32 78% 106 Stationery and Printing Gross 257.69 174.43 68% 279.13 191.91 69% Less : Recoveries 200.00 122.12 61% 200.00 127.54 64% Net 57.69 52.31 91% 79.13 64.37 81% MINISTRY OF WATER RESOURCES, RIVER DEVELOPMENT AND GANGA REJUVENATION 625.43 476.98 76% 599.64 466.48 78% 107 Ministry of Water Resources, River Development and Ganga Rejuvenation Gross 649.03 497.47 77% 613.74 481.21 78% Less : Recoveries 23.60 20.49 87% 14.10 14.73 104% Net 625.43 476.98 76% 599.64 466.48 78% MINISTRY OF WOMEN AND CHILD DEVELOPMENT 95.67 70.95 74% 93.88 68.95 73% 108 Ministry of Women and Child Development 95.67 70.95 74% 93.88 68.95 73% MINISTRY OF YOUTH AFFAIRS & SPORTS 151.65 116.56 77% 126.00 87.31 69% 109 Ministry of Youth Affairs and Sports 151.65 116.56 77% 126.00 87.31 69% MINISTRY OF RAILWAYS Ministry of Railways Gross 188556.71 121814.63 65% 164955.40 117416.16 71% Less : Receipts 188556.71 120530.09 64% 164955.40 113600.42 69% : Reserve fund 0.00 1284.54 0.00 3815.74 Net 0.00 0.00 0.00 0.00 Exp. From Contingency Fund 148.58 128.95 GRAND TOTAL 1312200.00 968019.10 74% 1219891.96 883756.77 72% 32 Annex VI RESOURCES TRANSFERRED TO STATE & UT GOVERNMENTS (` crore) 2015-2016 2014-15 Sl. DESCRIPTION BE ACTUALS % BE ACTUALS % No. Upto 12/2015 Upto 12/2014 (1) (2) (3) (4) (5) (6) (7) (8) 1 States' share of Taxes & Duties 523958 336829 64% 382216 246610 65% 2 Non-plan Grants & Loans 108630 73910 68% 70019 34598 49% Grants 108551 73838 68% 69936 34544 49% Loans 79 72 91% 83 54 65% Ways and Means Advances (Net) 0 0 3 Central Assistance for State & UT Plans 195778 151234 77% 329712 204860 62% Grants 183278 140424 77% 317712 195080 61% Loans 12500 10810 86% 12000 9780 82% 4 Assistance for Central & Centrally sponsored Schemes 23869 9634 40% 5851 9630 165% Grants 23869 9634 40% 5851 9630 165% 5 Total Grants & Loans (2+3+4) 328277 234778 72% 405582 249088 61% Grants 315698 223896 71% 393499 239254 61% Loans 12579 10882 87% 12083 9834 81% 6 Less : Recovery of Loans & Advances 9272 8157 88% 8832 7363 83% 7 Net Resources transferred to State & UT Governments (1+5-6) 842963 563450 67% 778966 488335 63% (i) Of Which State Govts. 839317 561087 67% 774799 485881 63% (ii) Of Which UT. Govts. 3646 2363 65% 4167 2454 59% 33 Annex VII DEPARTMENTAL COMMERCIAL UNDERTAKINGS (` crore) 2015-2016 2014-15 Sl. DESCRIPTION BE ACTUALS % BE ACTUALS % No. Upto 12/2015 Upto 12/2014 (1) (2) (3) (4) (5) (6) (7) (8) General Services Expenditure 14799.62 7654.81 52% 11250.00 8309.29 74% Receipt 14924.62 8493.71 57% 11375.00 8624.55 76% Net -125.00 -838.90 671% -125.00 -315.26 252% 1 Canteen Stores Department Expenditure 14799.62 7654.81 52% 11250.00 8309.29 74% Receipts 14924.62 8493.71 57% 11375.00 8624.55 76% Net -125.00 -838.90 671% -125.00 -315.26 252% Economic Services Expenditure 24001.69 17943.61 75% 22256.08 17239.48 77% Receipts 18067.28 6642.55 37% 16068.32 6584.88 41% Net 5934.41 11301.06 190% 6187.76 10654.60 172% 2 Delhi Milk Scheme Expenditure 550.73 276.57 50% 480.01 316.20 66% Receipts 550.73 305.83 56% 480.01 283.31 59% Net 0.00 -29.26 0.00 32.89 3 Opium and Alkaloid Factories Expenditure 284.82 148.38 52% 223.64 118.68 53% Receipts 400.43 192.73 48% 338.97 209.35 62% Net -115.61 -44.35 38% -115.33 -90.67 79% 4 Badarpur Thermal Power Station Expenditure 1.00 0.00 0% 1.00 0.00 0% Receipts 208.57 106.29 51% 224.60 114.31 51% Net -207.57 -106.29 51% -223.60 -114.31 51% 5 Fuel Fabrication Facilities Expenditure 1436.61 1043.34 73% 1276.13 1133.60 89% Receipts 2593.03 927.12 36% 2264.94 1262.86 56% Net -1156.42 116.22 -10% -988.81 -129.26 13% 6 Fuel Inventory Expenditure 2814.65 1834.26 65% 2884.72 1816.46 63% Receipts 2027.65 1298.67 64% 2237.90 1157.00 52% Net 787.00 535.59 68% 646.82 659.46 102% 7 Lighthouses & Lightships Expenditure 211.92 144.77 68% 200.92 173.83 87% Receipts 250.00 186.61 75% 240.00 146.77 61% Net -38.08 -41.84 110% -39.08 27.06 -69% 8 Postal Services Expenditure 18701.96 14496.29 78% 17189.66 13680.71 80% Receipts 12036.87 3625.30 30% 10281.90 3411.28 33% Net 6665.09 10870.99 163% 6907.76 10269.43 149% Total Expenditure 38801.31 25598.42 66% 33506.08 25548.77 76% Total Receipts 32991.90 15136.26 46% 27443.32 15209.43 55% Net 5809.41 10462.16 180% 6062.76 10339.34 171%
 
 
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