Haryana tops chart of states exceeding revenue mop up target

Tags: Haryana, Revenue, News
Haryana has topped the chart of the states which have significantly exceeded revenue mobilisation target during the 11th Five Year Plan (2007-12).

According to Planning Commission's latest report on state finances, Haryana mopped up Rs Rs 64,123 crore during the five year policy period which was 192.1% of the targeted resource mobilisation of Rs 33,374 crore in the 11th Plan.

The report indicates that majority of states have failed to meet the projected planned resources as collectively they could fetch only 92.5% of target.

Planning Commission has projected that all states would collectively garner Rs 14,12,029 crore in 11th Plan but they could manage Rs 13,06,296 crore, which was 92.5% of the targeted projection.

It appears that states felt the heat of global slowdown and the states like Gujarat, Maharashtra, Delhi, Punjab could not achieve the projected target.

About eight states in the country including Haryana, Assam, Odisha, Karnataka, Goa, Bihar and Arunachal Pradesh could mop up more than their targets.

Gujarat and Punjab could garner only 95.6% and 87.5% of the projected targets respectively in 11th Plan. Uttarakhand could get only 52.5%, which is lowest.

Delhi was given a target to mobilise Rs 54,799 crore, but it could manage Rs 45,250 crore. Gujarat was to mop up Rs 1,06,918 crore but it could manage Rs 1,02,226 crore.

The other North Indian states including Punjab, Jammu & Kashmir and, Himachal Pradesh managed to mobilise Rs 25,298 crore, Rs 21,593 crore and Rs 10,844 crore. The resource realisation by the three states was also lower than their targets.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Financial inclusion, if executed to plan, will lift economy

    The government’s proposed big push to financial inclusion, as reported by the Press Trust of India, if executed to plan, would go along way

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Innovation challenges for IT firms

As established technology companies become old and gear for a ...

Kuruvilla Pandikattu SJ

How we can connect ourselves to others

Most of us have difficulty in being true to ourselves ...

Gautam Gupta

What we can learn from the French fashion scene

It was a pleasure and a treat to experience one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture