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  Metros   Mumbai  31 Jan 2018  Funds sit idle in exchequer

Funds sit idle in exchequer

THE ASIAN AGE. | SHRUTI GANAPATYE
Published : Jan 31, 2018, 5:06 am IST
Updated : Jan 31, 2018, 5:13 am IST

Housing, environment, PWD depts spent only 4-10 % of allocation.

The highest utilisation of funds is by the school education department.
 The highest utilisation of funds is by the school education department.

Mumbai: In a perfect example of financial indiscipline, government departments in the state have spent only 38 per cent of their budgetary provision till end of January 2018. The housing, environment, PWD and water resources department have spent only 4 to 10 per cent of the funds released by the government. The highest utilisation of funds is by the school education department at 63 per cent.

The expenditure figures sought from the finance department for the period beginning April 2017 to January 2018, has shown that government departments have not even spent 50 per cent of their budgetary allocation. The government has already imposed 30 per cent cut on this year's budget as an austerity drive.

 

According to the data, “The housing department has spent 4 per cent, the environment department 4 per cent, the Public Works department 8 per cent, the water resources department 9 per cent, food and civil supplies department 10 per cent and the minority department 13 per cent.” Some departments like school education, law and judiciary, urban development, medical education, women and child welfare have spent more than 50 per cent of the budget allocation.  

When contacted, finance minister, Mr Sudhir Mungantiwar said expenditure would increase in last two months. “The departments will submit their expenditure in next two months. It happens every year, as they show their expenditure late.”

 

However, the government on Monday has already issued an order preventing the departments from procurement from February 1. “We have just prevented them from the procurement but other expenditure can be done,” Mr Mungantiwar said.

However, the opposition has alleged that the government has no funds to give to its departments. “There was already a financial cut of 30 per cent. Now that these departments have failed to spend even 50 per cent, which means that the cut would be 70 per cent. Also, there are many proposals pending before the government like slum rehabilitation in the housing department. But it is not spending the released funds. This is the style of the BJP-led government to show an escalated budget and then cut on expenditure,”" NCP spokesperson Nawab Malik said.

 

Tags: pwd, 2018 budget, government, nawab malik