Published On: Thu, Mar 31st, 2011

Budget Allocation of 1682.25 Crores for Power Sector during 2011-12

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The Government of in Bihar presented a revenue surplus budget for 2011-12 here on Friday despite the State being encumbered by the implementation of the Sixth Pay Commission recommendations and affected by a severe drought”.  The State’s total expenditure for fiscal 2011-12 would be Rs.65325.87 crore, which includes the total Plan size pegged at Rs.27,502.92 crore and the total non-Plan estimates marked at Rs.37,822.95 crore.

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In the total Plan size, Bihar’s outlay this year is an estimated Rs.24,000 crore as against Rs.20,000 crore in 2010-11, indicating a 20% increase, while the total share of Centrally sponsored schemes and Centrally planned schemes are estimated at Rs.3356.33 crore and Rs.146.59 crore respectively.

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An outlay of 1682.23   crores have been proposed for power sector. The government has allocated Rs 71 crore,  for renewable energy.

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Bihar now has a state-of-the-art financial management system whereby any departmental head can know the status of the utilization of public funds under his control on any given day.

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