The website carries here, the budget outcome of the Ministry of Coal (MoC) for the ongoing fiscal, and its Plan and Non-Plan budget for 2011-12. The MoC`s revised revenue expectations for 2010-11 stand at Rs 447.66 crore, roughly the same as proposed in the initial budget, whereas its expectations for the next fiscal are about 5% higher at Rs 468.72 crore, which comprises of Rs 420 crore as Plan Budget and Rs 48.72 crore as Non-Plan Budget.
- According to the Outcome Budget for 2011-12, MoC`s initial plan outlay (investment in public enterprises), of Rs 13,518.39 crore in 2010-11, has been revised to Rs 8,388.12 crore, down 38%. Meanwhile, its capital expenditure target for 2011-12 has been scaled down by 31%, to Rs 9,302.85 crore. These investments are to be entirely funded through Internal and Extra-Budgetary Resources (IEBR).
- Coal India Limited`s (CIL) planned outlay of Rs 9,800 crore in 2010-11 has now been revised to Rs 5,418.9 crore, and its expenditure for 2011-12 has been pegged at Rs 4,220 crore, down 57%. Neyveli Lignite Corporation Limited`s (NLC) expenditure expected for 2011-12 has been scaled down to Rs 1,858.55 crore, down 6%, from the Rs 1,983.46 crore earmarked in 2010-11.
- The 3 Public Sector Undertakings - CIL, NLC and Singareni collieries Company Ltd. (SCCL)-- are now expected to spend a total of Rs 7,988.12 crore during the ongoing fiscal, a figure that will increase to Rs 8,882.85 crore in the next fiscal.
- For FY 11-12, CIL's, NLC's and SCCL`s expenditures have been pegged at Rs 4,220 crore, Rs 1,858.55 crore and Rs 2,804.30 crore, respectively
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