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BENGALURU: The Budget Management Review Committee opposed the state government’s decision to provide relief to people affected by flooding beyond the limits prescribed by the rules of the Emergency Response Fund. disaster relief fund (SDRF) and the National Disaster Response Fund (NDRF).
The committee, which includes the chief secretary and senior officials from the finance department, in its mid-year review of state finances for the current fiscal year, said that by providing assistance to districts affected by the flooding beyond SDRF and NDRF standards, the government has increased the burden on the state chessboard. The committee’s report was tabled at the assembly on Friday.
The government paid compensation of Rs 3 lakh to Rs 5 lakh for houses that suffered 50 to 100% damage during the floods. SDRF standards prescribe compensation of only 91,500. Similarly, state compensation amounts to Rs 50,000 for damage to houses, estimated between 15% and 25% compared to the prescribed SDRF relief. of 5,200. The government has also increased immediate aid for the loss of household items from Rs 3,800 to Rs 10,000.
The committee recommended that the government stick to SDRF and NDRF guidelines in the future to avoid increased spending commitments.
The committee’s report also noted increased commitments regarding major and minor irrigation works and disabled people’s projects. The current commitment (approved cost of works) is five to eight times the annual budget of these two departments. The panel urged the government not to sanction new projects until commitments are reduced to a 1: 3 ratio.
According to the review, mid-term state tax revenue was 57,714 crore, or 46% of the budgeted estimate of 1,24,202 crore. In the first half of the fiscal year, the state collected Rs 36,285 crore through trade taxes, against a total budget estimate of Rs 76,473 crore. This includes Rs 12,396 crore from the excise and Rs 5,942 crore via stamps and registration fees.
However, the collection of motor vehicle taxes has been slow as the state government managed only Rs 2,836 crore, compared to a budget estimate of Rs 7,515 crore.
Additional estimates:
The government, at the assembly on Friday, tabled the second installment of the supplementary expenditure budget which totals Rs 3.575 crore. Major spending under the Supplementary Estimates includes: the Amrut scholarship program of Rs 100 crore for higher education for the children of farmers, and Rs 120 crore to build an office complex for the deputy commissioner and d ‘other offices and to repair existing office buildings in the newly created district of Vijayanagara.
The estimate also includes a provision of Rs 4 crore to cover expenses that a CM-led delegation might incur when attending the annual meeting of the World Economic Forum in Davos, Switzerland, next year.
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