Ad Here  
April
May
June
July
August
September
 
 
Hype on Hyperloop CII to set up tourism bureaus State of the States Stirring the political cauldron TN to suffer serious loss TN to suffer serious loss AP in better shape Lingayats get a reminder: it’s poll time MCL has a taste of judicial activism! Deputy Collector Sindhu! Illegal mining of sand Pioneering education model Divide & Prosper Bus services hit Promise of a productive year Thalaivaa KNPP with the grid More government apps It indeed is attractive for investments A year of Telangana TN can leverage NLC’s strengths... Industrial corridors to boost economy Flurry of collaborations inked by AP Miners asked to pay more Green crimes galore Fanciful Rao and tech-savvy Naidu Land acquisition policy is ahead of national policy... Vedanta to close Lanjigarh refinery Oh, la la. When business flocks to MP... Info-Park, more space Infrastructure to the FORE MOUs worth Rs.10.54 lakh crore signed Land scams rock AP & TS SIPB clears big proposals Winds of change... Technology has raised the bar... Municipal Elections Time to wake up Come to Tamil Nadu where the action is... Kochi Metro Rail Project State under siege Global Investors Meet Post Poned Bifurcation yet to end water wars States Roundup All these happened in TN… A neta at it again! ‘E’ for enterprise Nod to cow slaughter bill States - Odisha Tasks for the new government Waste disposal model Competing for good: Tale of two states With agriculture at its heart... Monsoon fury Launch of ins vikrant, India’s first indigenous aircraft carrier Enticing pest traps Bhubaneswar IIT cries for completion A giant push for millets Why the Congress won in Karnataka KCR’s I-day bonanza City of foaming lakes and fire ODISHA KTR releases Annual Report An industrious idea A blueprint for the future Benevolent businessthan... Bringing magic of Rajasthan alive Development depends on land availability... States - Kerala Reducing carbon footprint... Power for all Global meets galore Of development and welfare Wouldn’t the Mahatma like clean restrooms in our cities! Doubling production and tripling farmers’ income... Homestays, a budding tourism industry State Forward Enchanting and enterprising Tamil Nadu Inter-State boundary Mango Diplomacy It’s Karnataka chalo for Amit Shah? Leaky old lorries, mini cabs for techies... Infra boost to the new capital Strike over salary hike
 
Of development and welfare

The number of southern states has increased to five after the bifurcation of Andhra Pradesh into two separate states. The budgetary trends of these states continue to run on similar lines as in previous years by way of balancing their development programmes with welfare programmes in order to continue in power through populist schemes.

Due to this phenomenon, development initiatives take back seat. The revenue and fiscal indicators also show that majority of the states are living beyond their means.

Table 1 shows that except Telangana and Karnataka which have revenue surplus, the other three states Tamil Nadu, Andhra Pradesh and Kerala, are expected to have revenue deficit, for the financial year 2015-16 as in the previous year. Revenue deficit for Kerala is expected to decline whereas it is expected to go up for Tamil Nadu and Andhra Pradesh.

Regarding fiscal deficit it is expected to fall in Andhra Pradesh and Telangana and significantly increase in Tamil Nadu and Kerala, marginally in Karnataka in 2015-16 compared to 2014-15.            

Table 2 reflects the revenue mobilisation efforts and expenditure programmes of the respective government. Overall, total revenue receipts are greater than total revenue expenditure in Telangana and Karnataka whereas revenue expenditure is greater than revenue receipts in Tamil Nadu, Andhra Pradesh and Kerala both in 2014-15 (R.E) and for 2015-16 (B.E.). There is some marginal increase in the capital receipts of Telangana, Karnataka and Kerala while it is expected to decline in Andhra Pradesh in the ensuing financial year 2015-16 compared to the previous year. Correspondingly, capital expenditure also shows substantial increase in all the states except Andhra Pradesh. In Karnataka capital receipts are much less than capital expenditure for 2014-15 and 2015-16.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com