Poor Planning in Telangana Budget, Unspent Funds
Inadequate Budget planning and the execution of activities and programs not included in the Budget were highlighted in the CAG report, which was presented to the Legislative assembly on Sunday. The housing, business, and major and medium irrigation sectors, as well as underspending in other areas, were also mentioned by the Comptroller and Auditor General. According to the CAG, the budget included Rs 7,222 crore for housing, while the actual spending was just Rs 252 crore, a decrease of 97%.
Although the budget allocated Rs. 1,696 crore for the industries and commerce department, only Rs. 286 crore was actually spent. More than 83% of the money was not spent. The major and medium education sector received Rs 9,351 crore from the state government, but only Rs 1,844 crore was actually spent, leaving 80% of the money wasted.
Although the budget allocated Rs. 1,696 crore for the industries and commerce department, only Rs. 286 crore was actually spent. More than 83% of the money was not spent. The major and medium education sector received Rs 9,351 crore from the state government, but only Rs 1,844 crore was actually spent, leaving 80% of the money wasted.
"The huge savings under housing, industries, and commerce indicates that schemes envisaged in the Budget had been given lesser priority during implementation either due to the conservative approach of the government to attain the fiscal targets or the shortfall is purely due to inaccuracy in the budget estimation process of the department," the CAG noted in its report.
The CAG made note of the fact that the supplemental provision was secured for Rs 24,144 crore, or 15% of the government's total expenditures for 2021–2022. During 2021–2022, substantial savings were seen compared to the initial Budget allocation in the departments of endowments, sports, municipal, tribal, and school education.
The CAG made note of the fact that the supplemental provision was secured for Rs 24,144 crore, or 15% of the government's total expenditures for 2021–2022. During 2021–2022, substantial savings were seen compared to the initial Budget allocation in the departments of endowments, sports, municipal, tribal, and school education.