GoI reprioritises Expenditure from Non-Plan to Plan in order to Meet 12th Plan Outlay

The Economic Survey 2012-13 presented by the Union Finance Minister, Shri P. Chidambaram in the Lok Sabha today observed that repriorisation of expenditure from non-Plan to Plan would be critical in meeting the proposed 12th Plan outlay. The total non-Plan expenditure as per Budget Estimates for 2012-13 is placed at Rs. 9,69,900 crore while the Plan expenditure has been pegged at Rs. 5,21,025 crore.

The non-Plan expenditure during April-December 2012 has been Rs. 6,95,233 crore as against 6,19,457 crore in April-December 2011 registering an increase of 12.2% the Plan expenditure on the other hand during April-December 2012 increased by 6.9% to Rs. 2,95,890 crore from Rs. 2,76,904 crore in April-December 2011.

The Plan outlay comprises Gross Budgetary Support (GBS) for Plan (Central Plan plus central assistance to States/Union Territories and internal & extra budgetary resources of central public enterprises).

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