Lessons to analyse state budget - 1

Domestic Resource mobilisation

sub divides into three

1. Public Saving

• BCR      (Balance from current Revenue)  (16220 crores)
• ARM   (Additional Resource Mobilisation)  (additional taxation and additional profit)
• SPE    (Surplus of public Enterprises)

• 2. Domestic borrowing

• Loans from public or market Borrowing
• Small Savings                                          (zero crores)
• Provident fund or Related Component

• 3. Deficit Financing

BCR - excess of non plan revenue expenditure over revenue receipt

own resources of state = BCR + MCR + small saving loans (for delhi) (for other sor.. look for lesson 2)

where MCR is Net Miscellaneous Capital Revenue

PS.. figures are from 2014 - 2015 budget of delhi