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Delhi

Report No.1 of 2018 - State Finances Government of Delhi

Date on which Report Tabled:
Tue 03 Apr, 2018
Date of sending the report to Government
Government Type
State
Sector Finance

Overview

The Report No. 1 of State Finances provides an analytical review of annual accounts of the government.  It contains three chapters.  The chapter I on Finances of the Government of National Capital Territory of Delhi highlights that Revenue receipts for the year 2016-17 at ` 34,345.74 crore has decreased by `653.11 crore (1.87 per cent) over the previous year.  The tax revenue for 2016-17 at ` 31,139.89 crore has increased by ` 914.73 crore (3.03 per cent) while non-tax revenue at ` 380.69 crore has decreased by ` 134.71 crore (26.14 per cent).The revenue expenditure during the current year at ` 29,301.92 crore has increased by ` 2,959.37 crore (11.23 per cent) over the previous year. Capital expenditure for 2016-17 at ` 3754.30 crore has decreased by `969.17 crore over the previous year.

The Chapter II on Financial management and budgetary control depicts that during 2016-17, expenditure of ` 37,620.77 crore was incurred against total grants and appropriation of ` 47,429.27 crore resulting in a saving of ` 9,808.50 crore.

The Chapter III on Financial reporting states that there were delays in obtaining utilization certificates (UCs) from various grantee institutions for the grants released to them.  Out of a total of 3,944 grants amounting to ` 15,220.87 crore given till March 2016, a total of 3,105 UCs amounting to ` 7,269.69 crore were awaited from various departments at the end of March 2017. Substantial balances amounting to ` 198.56 crore were outstanding under Suspense Heads as on 31 March 2017, requiring expeditious clearing and classification under appropriate heads of accounts.

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