No. 4/25/2012-FR Planning Commission (Financial Resources Division)

Transcription

1 No. 4/25/2012-FR Planning Commission (Financial Resources Division) Subject: Estimation of Financial resources for the Annual Plan discussion with Chief Minister, Uttar Pradesh- FR Brief A brief note on the estimates of resources for Annual Plan of Uttar Pradesh is enclosed for kind perusal please. Sd/- (Shefali Dhingra) Deputy Adviser(FR) P.S to Deputy Chairman 2. PS To Member (BKC) 3. PS to Member (SC) 4. PS to Member (SH) 5. PS to Member (NJ) 6. PS To Member (AS) 7. PS to Member (MS) 8. PS to Member (KK) 9. PS to Member (AM) 10. PS to Secretary Copy to 1. Adviser (FR) 2. Adviser (SP-UP) 3. Joint Secretary. (PF.I), D/O Expenditure, North Block, New Delhi 4. Director(SP- UP)/Director (SP- Coordination) 5. Director FR (KM) Consultant (SL) 6. SRO(JH) 7. YP(SK/KJ) FR Brief for Annual Plan of Uttar Pradesh: Page- 1)

2 Planning Commission (Financial Resources Division) State: Uttar Pradesh A. Performance of the State Plan: The achievements of the annual plans during the Eleventh Plan and first year of the Twelfth Plan are shown in Table-1: (Table-1) Achievement of Plan outlay `crore Plan Outlay Year GSDP GSDP Growth (%) Approved Actual % achieved Actual as % of GSDP Eleventh Plan total (Proposed) Note: GSDP at current prices as on (CSO) B. Assumptions underlying the State Government's projections for Annual Plan Assumptions made by the State Government for projection of resources for the Annual Plan are shown in Table-2: Indicators (Table-2) %age of increase GDP growth (nominal price) 11.50% Annual Growth of share in Central 14.99% Taxes Annual growth of SOTR 19.38% Annual growth in own non-tax % revenues Annual growth of Interest payments 3.37% Annual growth in pensions 10.22% Annual growth in Salary 14.30% Transfers to PRIs As per TFC recommendations C. PSE Plan PSE s Total Plan for amounts to Rs crore which has been totally shown as Internal Resources (IR). D. ACA for EAPs State Government has proposed Rs crore as loan for EAPs (back to back) for Grant portion of ACA for EAPs has been indicated at Rs crore. FR Brief for Annual Plan of Uttar Pradesh: Page- 2)

3 E. The details of plan grants and non-plan grants for the Annual Plan as rewarded by 13th Finance Commission are given in Table-3: (Table-3) State: Uttar Pradesh (A) Non-Plan Grant Year Local Bodies Disaster Relief (including for capacity building) 3 Post Devolution Non-Plan Revenue Deficit Performance Incentive Environment-Water Sector Management Governance a) Improvement in Supply of Justice b) Improvement of Statistical Systems at State and District Level c) Employee and Pension Data Base Maintenance of Roads and Bridges Sub-Total (B) Plan Grant 1 Elementary Education Environmenta) Forest Protection b) Renewable Energy 3 Governance a) Reduction in Infant Mortality Rates b) Incentive for issuing UIDs c) District Innovation Fund State-specific Sub-Total Grand Total F. Issues pertaining to State Finances Desired Plan Size: The Plan document provided by the State Government indicates a desired Plan size of Rs crore for which is an increase of about 14.73% over the Approved Plan size of at current prices. As against the desired plan size of Rs crore, the resources provided is Rs crore. This is arrived at after assuming OTACA of Rs crore. Borrowing Ceiling: The borrowing ceiling indicated by MOF for the Annual Plan of Uttar Pradesh is Rs crore. The budgetary borrowings of the State for have been estimated at Rs crore. There is, therefore, some fiscal space left for further increase in debt resources. OTACA: One Time ACA allocated to the State since are given as given in Table-4: FR Brief for Annual Plan of Uttar Pradesh: Page- 3)

4 (Table-4) Year OTACA Grant Loan G. Economic Profile of Uttar Pradesh (i) Growth Trend (Table-5) Growth Rates of GSDP at constant prices ( ) (in %) States Uttar Pradesh Uttarakhand Maharashtra NA Andhra Pradesh NA Bihar Madhya Pradesh Karnataka All India Source: CSO as on (ii) Per Capita NSDP (Table-6) (in Rs ) Per capita NSDP ( at constant price ) States Uttar Pradesh Uttarakhand Maharashtra NA Andhra Pradesh NA Bihar Madhya Pradesh Karnataka All India Source: CSO as on (iii)sectoral Growth Rates (Table-7) Sectoral growth rate (Real) of GSDP with base (in %) Sector Agri. and Allied Industry Services State domestic product Source: CSO as on FR Brief for Annual Plan of Uttar Pradesh: Page- 4)

5 (iv) Credit Deposit Ratio (Table-8) Credit-Deposit Ratio(`crore) Items Deposit Credit CD ratio ROG(deposit) ROG(credit) Source: RBI Annual Report, Note :Year refers to financial year ending March, 31 (v) Credit Deposit Ratio compared to neighboring states (Table-9) Credit Deposit Ratio of the State including neighboring states (as per sanction) States/Year Uttar Pradesh Uttarakhand Maharashtra Andhra Pradesh Bihar Madhya Pradesh Karnataka All India Source: RBI Annual Report, Note :Year refers to financial year ending March, 31 H. Fiscal Overview of Uttar Pradesh (i) Fiscal Parameters (Table-10) Fiscal Profile of the state (as % of GSDP at current prices) Indicator RE Fiscal Deficit Revenue Deficit Primary Deficit OL IP/RR Salaries/total Exp FR Brief for Annual Plan of Uttar Pradesh: Page- 5)

6 (ii) State s Own Tax Revenue (SOTR) (Table-11) SOTR as % to GSDP at current prices States BE Uttar Pradesh Uttarakhand Maharashtra Andhra Pradesh Bihar Madhya Pradesh Karnataka GCS All India (iii)public Expenditure Ratio (Table-12) Public Expenditure as % to GSDP at current prices States BE Uttar Pradesh Uttarakhand Maharashtra Andhra Pradesh Bihar Madhya Pradesh Karnataka GCS All India Note: * Public expenditure ratio= the percentage of public expenditure (plan + nonplan) to GSDP. (iv) Per Capita Profile (Table-13) (in Rs ) Per capita Profile Of Uttar Pradesh Year BE Per Capita Total Exp. All India Per Capita Plan Exp. All India Per Capita GSDP All India FR Brief for Annual Plan of Uttar Pradesh: Page- 6)

7 I. Fiscal indicators, SOF, BCR and funds releases (i) Fiscal Indicators (Table-14) Eleventh Plan Twelfth Plan S.N. Item (RE) (BE) Tax Revenue (a) State's Own Tax Revenue (b) Share in Taxes Non-Tax Revenue (a) State's Own Non- Tax Revenue (b) Grants Total Revenue 3. Receipts Non-Debt Capital 4. Receipts Total Receipts Revenue Expenditure of which Subsidies (a) Plan of which (i) Salaries (b) Non-Plan Revenue Expenditure of which (i) Interest Payments (ii) Pension (iii) Salaries Capital Expenditure (a) Plan (b) Non-Plan Capital Outlay (a) Plan (b) Non-Plan Loans & Advances (a) Plan (b) Non-Plan Total Expenditure (a) Plan (b) Non-Plan Revenue Deficit (- )/Surplus(+) Fiscal Deficit Primary Deficit Total Liabilities 14. outstanding FR Brief for Annual Plan of Uttar Pradesh: Page- 7)

8 (ii) Scheme of Financing the proposed Annual Plan (Table-15) S.N. Items Annual Plan Actual AP RE State Est. FR Est State Government 1. State Government's Own Funds (a to d) (a) Balance from Current Revenues (b) MCR (excluding deduct. for payment of loans) (c) Plan Grants from GOI (TFC) (d) ARM (e) Adjustment of Opening Balance State Government's Budgetary Borrowings (i-ii) (i) Gross Borrowings (a to j) (a) Gross Accretion to State Provident Fund (b) Gross Small Savings (c) Gross Market Borrowings (d) Gross Negotiated Loans (e) Bonds/Debentures 0.00 (f) Loans portion of NCA 0.00 (g) Loans portion of ACA for EAP (h) Loans for EAPs (back to back) (i) Other Loans from GOI (j) Other Loans if any (ii) Repayments (a to e) (a) Repayment/Withdrawal of Provident Fund (b) Repayment of Small Savings (c) Repayment of Market Borrowings (d) Repayment of Negotiated Loans (e) Repayments - Others Central Assistance A. State Govt. Resources(1+2+3) B. Resources of Public Sector Enterprises (PSEs) (a) Internal Resources (b) Extra Budgetary Resources (c) Budgetary Support C. Resources of Local Bodies (a) Urban Local Bodies (b) Rural Local Bodies D. AGGREGATE PLAN RESOURCES (A+B+C) FR Brief for Annual Plan of Uttar Pradesh: Page- 8)

9 (i) ACA components of Other Schemes/Programmes Sl. No. (Table-16) (`Rs crore) Items AP Release Estimat s e (a) Normal Central Assistance and OTACA 1 Normal Central Assistance (NCA) One Time Addl. Central Assistance (OTACA) ** * 3 Special Central Assistance (SCA)-Kumbh Mela Subtotal of (a) (b) Flagship ACA Schemes 4 National Social Assistance Programme (NSAP) 5 Backward Region Grant Fund (BRGF) (i) District Components (ii) IAP (iii) Bundelkhand Package Accelerated Irrigation Benefit Programme (AIBP) 7 Jawaharlal Nehru National Urban Renewal Mission (JNNURM) 8 Rashtriya Krishi Vikas Yojana (RKVY) Subtotal of (b) (c) Other ACA Schemes 9 Tribal Sub Plan (TSP) Grants Under Proviso to Article 275 (1) Border Areas Development Programme Roads and Bridges National E-Governance Action Plan (NEGAP) ACA for EAPs ACA for LWE Districts Subtotal of (c) Total: (a+b+c) *Tentative (as per BE), To be announced in the DCH-CM level meeting ** including Rs crore of infrastructure projects for Kumbh Mela and Rs crore for construction of building for Lucknow Bench of Allahabad High Court FR Brief for Annual Plan of Uttar Pradesh: Page- 9)

10 I. 1. (ii) Balance from Current Revenues (BCR)- Estimates for the Annual Plan (Table-17) (` Rs crore) Items Actual AP RE BE Estimates At Current Prices NON-PLAN REVENUE RECEIPTS (1 to 4) Share in Central Taxes * * State's Own Tax Revenue State's Own Non-Tax Revenue Grants from Centre (4.1 to 4.4) Revenue Deficit Grant 4.2 Central Share of Calamity Relief Fund Grants for Local Bodies Other Non-Plan Grants II. 5. NON-PLAN REVENUE EXPENDITURE (5 to 9) Non-Developmental Expenditure (5.1 to 5.4) Interest Payments Pension Payments Salaries Others Developmental Expenditure (6.1 to 6.2) Salaries Others Pay and D.A. Revision (Not incl.in 5.3 & 6.1) Non-Plan Transfers to Local Bodies Urban Local Bodies Rural Local Bodies III. BCR without ARM (I - II) IV. ARM V. BCR with ARM (III + IV) *As per GOI Budget FR Brief for Annual Plan of Uttar Pradesh: Page- 10)

11 (iii) GBS during BE (Table-18) Item Actual RE BE RE/ f/a BE/ RE % to total GBS ( BE) GBS for States/UTs 1,04,016 1,12,002 1,36, Plan* GBS for Central 3,08,359 3,17,185 4,19, Plan (Central sector &CSS) Total GBS 4,12,375 4,29,187 5,55, * Including Union Territories with & without legislatures (iv) Total Central Assistance to States/UTs (Table-19) Item Actual Central Assistance to States/UTs Plan$ Centrally Sponsored Schemes Total Assistance to States/UTs % to Total RE BE RE/ BE/ Assistance 12f/a 13 RE ( BE) 98,774 1,08,626 1,31, ,49,220 1,44,088 1,86, ,47,994 2,52,714 3,18, $ Excluding Union Territories with legislatures. (v) Funds released by the Centre to Uttar Pradesh under State plan Schemes and Centrally Sponsored Schemes (Table-20) (`Rs crore) S N. Items A Central Assistance to States/UTs Uttar Pradesh All States/UTs % share of Uttar Pradesh B Centrally Sponsored Schemes Uttar Pradesh All States/UTs % share of Uttar Pradesh C Total Funds transferred to States/UTs Uttar Pradesh All States/UTs % share of Uttar Pradesh FR Brief for Annual Plan of Uttar Pradesh: Page- 11)