Investor Presentaiton
(1) Resource Gap for the year 2014-15
Amount
(Rs in Crore)
Comments
View
S no.
Items Rejected
4
Deferred
expenditure
a. PRC arrears
3,920.00
b. Deferred bills
2,950.00
•
Ongoing program
PRC report submitted on 29th May 2014
.
Fitment benefit of 43% is on par with Telangana State
GOI is duty bound to
compensate
•
•
Pattern followed is similar to earlier Pay Revisions in
United Andhra Pradesh
Legally binding commitment
Payment to employees was deferred for want of
resources
Therefore it is legitimate and standardized expenditure
•
Expenditure pertaining to deferred bills was
•
•
necessary, predictable and standardized
Pertains entirely to State government expenditure
relating to binding commitments arising in FY 2014-15,
not local governments or parastatals in Public Account
Expenditure was subsequently incurred in 2016-17,
and the bills were passed by Treasury as ways and
means position improved
• All these, constitute legitimate revenue expenditure
due in 2014-15, but could not be incurred due to lack
of funds and payment was deferred to subsequent
year
Subject to such
verification, these
amounts constitute
legitimate resource Gap in
2014-15, and should be
compensated by the Union
as per the commitments
made to compensate the
Resource Gap
10View entire presentation