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PRINTED AT BUDGET PRESS, MINISTRY OF FINANCE, NEW DELHI
2013-2014
Outlays for Outcomes+ÉlÉÇàÉÚãÉÆ BÉEɪÉÇàÉÂ
Ministry of FinanceGovernment of India
Outcome Budget
OU
TCOM
E BUD
GET 2013-14
MIN
ISTRY OF FIN
AN
CE
(i) Executive SummaryOutcome Budget 2011-2012
CONTENTS
Page No.
PREFACE (i)
EXECUTIVE SUMMARY (iii)-(xiii)
DEMAND NO. 33 - DEPARTMENT OF ECONOMIC AFFAIRS 1-27
DEMAND NO. 34 - DEPARTMENT OF FINANCIAL SERVICES 29-66
DEMAND NO. 39 - DEPARTMENT OF EXPENDITURE 67-78
DEMAND NO. 42 - DEPARTMENT OF REVENUE 79-107
DEMAND NO. 43 - DIRECT TAXES 109-143
DEMAND NO. 44 - INDIRECT TAXES 145-191
DEMAND NO. 45 - DEPARTMENT OF DISINVESTMENT 193-200
(ii)Outcome Budget 2011-2012 Executive Summary
The "Outcome Budget" reflects the endeavour of theGovernment to convert "Outlays" into "Outcomes" by planningexpenditure, fixing appropriate targets and quantifying deliverablesof each scheme. The "Outcome Budget" is an effort of the Governmentto be transparent and accountable to the people.
In addition to an Executive Summary, the Outcome Budget 2013-14contains seven separate sections relating to seven Demands underMinistry of Finance for which the Outcome Budget is to be prepared.These are Economic Affairs, Financial Services, Expenditure, Revenue,Direct Taxes, Indirect Taxes and Disinvestment. Each section discussesthe statement of outlays and outcomes; reform measures; policy initiativesand programmes initiated; review of past performance; financial reviewfor three years and a review of the performance of statutory andautonomous bodies.
PREFACE
(i)
(iii) Executive SummaryOutcome Budget 2013-2014
The Ministry of Finance is responsible for the administrationof the finances of the Central Government. It is concerned witheconomic and financial matters affecting the country as a whole.It mobilizes resources for development, regulates expenditureof the Central Government and deals with transfer of resourcesto States. It works with other Ministries/Departments, States/UTs, Reserve Bank of India, Public Financial Institutions andother stake holders for evolving policies for economicdevelopment, setting priorities for expenditure, seekingParliamentary approval to the Budget and ensuring propriety inutilisation of funds. The Ministry has strategic associations withmultilateral agencies and foreign Governments. The Ministryadministers the following thirteen Demands.
DEMAND DEPARTMENTNO.
33 Department of Economic Affairs
34 Department of Financial Services
35 Appropriation - Interest Payments
36 Transfers to State and Union Territory Governments
37 Loans to Government Servants, etc.
38 Appropriation - Repayment of Debt
39 Department of Expenditure
40 Pensions
41 Indian Audit and Accounts Department
42 Department of Revenue
43 Direct Taxes
44 Indirect Taxes
45 Department of Disinvestment
Six Demands viz; 35 - Interest Payments, 36 - Transfers toState and Union Territory Governments, 37 - Loans toGovernment Servants, etc., 38 - Repayment of Debt, 40 - Pensionsand 41 – Indian Audit and Accounts Department are specificallyexempted from the purview of outcome budgeting. Summary ofBudgetary Provisions for all 13 Demands under the Ministry isprovided in the Annexure to this Executive Summary.
A brief summary of the Outcome Budget 2013-14 of theMinistry is presented below:
Demand No. 33- Department of Economic Affairs
The Department of Economic Affairs is the nodal Departmentof the Union Government which formulates country’s economic
MINISTRY OF FINANCE
EXECUTIVE SUMMARY
policies and programmes having a bearing on domestic andinternational aspects of economic management. This Departmentprepares the Annual Union Budget (excluding the RailwayBudget) and the Economic Survey. Some key activities andprogrammes are mentioned below:-
Ø Contribution for Railway Safety Works (` 1102.45 crore)against additional levies on Motor Spirit & High SpeedDiesel (Plan) - Under this scheme during 2013–14,Ministry of Railways have targeted to strengthen the safetyat busy level crossing by proposing to construct 1000Road under bridges /subways and 225 Road over bridges.
Ø The Scheme for Financial Support to PPPs in Infrastructureprovides Viability Gap Funding (VGF) to PPP projects upto 20 per cent of the Total Project Cost (TPC) of the project.So far 145 projects have been granted approval with TotalProject Cost (TPC) of ` 80203.28 crore and VGF supportof `15672.68 crore. However, the actual level of VGFamount of these proposals will be known once the biddingprocess is completed. The financial closure has beenachieved for 45 projects. 14 projects in Madhya Pradeshand Gujarat have been awarded on premium where no VGFsupport will be required. An amount of 902.96 crore hasbeen disbursed till December, 2012 under the VGFScheme. A budget provision of ` 678.00 crore has beenmade in the BE 2013-14 based on sponsoring Authorityrequirements and the number of projects already grantedfinal approval.
Ø The India Infrastructure Project Development Fund(IIPDF) Scheme assists up to 75 per cent of the totalProject Development expenses of PPP projects. So far,49 projects have been approved with an IIPDF assistanceof `60.06 crore. ` 1.32 crore, ` 7.55 crore, `7.00 croreand `7.00 crore has been disbursed under the Scheme in2008-09, 2009-10, 2010-11 and 2011-12 respectively.Around ` 1.76 crore has been disbursed during 2012-13,up to December, 2012.
Ø A provision of `290.00 crore has been made for InterestEqualization Support to Exim Bank of India during 2013-14. The scheme was started in 2003-04. During the periodof 7 years, 137 Government of India supported lines ofcredit through Exim Bank of India involving collectiveamount of credit of US $ 6414.97 million have beenapproved. These lines of credit have been extended to 57developing countries situated in different continents of theworld. We have disbursed Interest Equalization Supportto Exim Bank of India amounting to ` 127.70 crore,`139.48 crore, and 145.97 crore in 2010-11, 2011-12 and2012-13 (up-to December, 2012) respectively.
OUTCOME BUDGET 2013-14
(iii)
(iv)Outcome Budget 2013-2014 Executive Summary
Demand No. 34- Department of Financial Services
The Department of Financial Services is responsible forissues relating to Public Sector Banks, Financial Institutions,Agricultural Credit, Public Sector Insurance Companies andPension Reforms. The key activities are summarized below:-
Ø `14588 crore was provided for capitalization of PublicSector Banks (PSBs) in BE 2012-13 to enable the PSBsto maintain their Capital to Risk Weighted Asset Ratio(CRAR) at comfortable level and to ensure that they remaincompliant with capital adequacy norms under BASEL-III.Having considered the requirement, the provision wasreduced to `12517 crore in RE 2012-13. A provision of`14000 crore is proposed for recapitalisation of PSBs in2013-14.
Ø Under the scheme of Interest Subvention for providingShort Term Credit to Farmers, the provision of 6000 crorein BE 2012-13 was reduced to `5400 crore in RE 2012-13. `4377.99 crore was released upto December, 2012.There is a provision of 6000 crore for this scheme during2013-14.
Ø Government provides equity support to Export Import(EXIM) Bank of India and India Infrastructure FinanceCo. Ltd. (IIFCL) to raise their paid up capital within theirauthorized capital. Entire provision of 200 crore for EXIMBank and `400 crore for IIFCL has been released during2012-13. Provision of `700 crore for EXIM Bank and`400 crore for IIFCL is proposed in BE 2013-14.
Ø `500 crore provided in BE 2012-13 towards capital supportto NABARD was raised to `1000 crore in RE 2012-13.`500 crore was released up to December, 2012. Furtherprovision of `700 crore is proposed in BE 2013-14
Ø `200 crore was provided for recapitalization of RegionalRural Banks (RRBs) in BE 2012-13 which was raised to`535 crore in RE 2012-13 keeping in view theproportionate share released by concerned StateGovernment and sponsor banks. `200 crore was releasedupto December, 2012. A further provision of `88 crore isproposed in BE 2013-14 for this purpose.
Ø To encourage people from unorganized sector to save fortheir retirement by enrolling under New Pension System(NPS) ‘Swavalamban Scheme’ was launched during 2010-11 with provision of Government’s contribution of 1000in the NPS account of the subscribers. A provision of` 220 crore for this scheme in BE 2012-13 was reduced to`128 crore in RE 2012-13 keeping in view the pace ofenrolment under the scheme. A further provision of 170crore is proposed for this Scheme in BE 2013-14.
Ø Provision of `400 crore in BE 2012-13 towards 1% interestsubsidy for Housing Loan through NHB was raised to 500crore in RE 2012-13. 200 crore was released to NHB upto December, 2012. Further provision of `200 crore isproposed in BE 2013-14.
Demand No.39 – Department of Expenditure
The Department of Expenditure is responsible for PublicExpenditure Management System in the Union Government andfor matters connected with State finances. It oversees theexpenditure management in the Central Ministries / Departmentsand monitors implementation of recommendations of theExpenditure Reforms Commission. It coordinates the OutcomeBudget of different Ministries/Departments, releases funds toState Governments for implementing developmental work andmonitors matters relating to the Central Plan. Key activities aresummarized below:
Ø Releases for schemes on the Plan side are made on therecommendation of the Planning Commission/nodalMinistry concerned. The important flagship schemes forwhich funds are being provided under the Plan head in2012-13 include Accelerated Irr igation BenefitsProgramme (AIBP), Jawaharlal Nehru National UrbanRenewal Mission (JNNURM), National Social AssistanceProgramme (NSAP), Border Area DevelopmentProgramme, Hill Area/Western Ghats DevelopmentProgramme, National e-Governance Programme,Backward Regions Grant Fund Scheme etc. Against ano u t l a y o f ` 99543.00 crore in BE 2012-13 for CentralAssistance to State Plans in Demand No.36 of Departmentof Expenditure, ` 53099.335 crore has been released ason 31.12.2012.
Ø An outlay of 4.00 crore under Revenue Section has beenprovided in 2013-14 for the Central Plan Scheme forenhancing training capacity of National Institute ofFinancial Management (NIFM). Out of this, the provisionof `3.00 crore is targeted to train 60 officers of the Central/State/UT Governments for high level professional coursecovering basic elements Post Graduate Diploma inBusiness Management (PGDBM) – Finance. In the year2012-13, 47 candidates were sponsored from variousCentral/State/UT Govts. The provision of 1.00 crore underRevenue Section is for providing one year trainingprogramme to 20 officers of Central / State / UTGovernments in Post Graduate Programme in FinancialMarkets, in collaboration with National Stock Exchange.
Demand No. 42 – Department of Revenue
Ø Under Demand No.42 – Department of Revenue, majorexpenditure is towards Compensation to States/UnionTerritory Governments on account of phasing out ofCentral Sales Tax (CST) which is budgeted at 9300 crorefor 2013-14. The second major expenditure is towardsGovt. Opium & Alkaloid Works (GOAWs), which isbudgeted at `260.14 crore. VAT/VAT related expenditureis budgeted at 132 crore for 2013-14. The other non-Planexpenditure included in the Outcome Budget is expenditurerelated to setting up of Tax Information Exchange System(TINXSYS) and Special Purpose Vehicle for Goods andServices Tax Network (GSTN).
(v) Executive SummaryOutcome Budget 2013-2014
Ø The successful implementation of VAT in all States hasbeen an achievement. So far, VAT Compensationamounting to `19002.82 crore has been released to theStates and claims of all the States have been settled.
Ø CST rate has been reduced from 4% to 3% w.e.f. 1st April,2007 and further from 3% to 2% w.e.f. 1.6.2008.Compensation amounting to ` 30860.42 crore has beenreleased to the States which includes ` 2168.88 crorereleased in 2007-08, `1950 crore in 2008-09, ` 8735.18crore in 2009-10, `13833.78 crore in 2010-11 and` 4172.58 crore in 2011-12.
Ø The Mission Mode Project for Computerization ofCommercial Taxes Administrations of the StateGovernment with overall cost of `1133.41 crore has beenapproved and an amount of `501.94 crore released asCentral share till 31st December 2012, which includes 145crore released in 2009-10, `206.32 crore in 2010-11 and`102.83 crore in 2011-12 and 47.79 crore in 2012-13 (tillDecember, 2012).
Ø Government has decided to set up a Special PurposeVehicle (SPV) for Goods and Service Tax Network(GSTN) to create enabling environment for smoothintroduction of GST. It will provide IT infrastructure andservices to various stakeholders, including the Centre andStates. A budget provision of `100 crore has been kept in2013-14 for GSTN: SPV.
Ø Government Opium & Alkaloid Works at Ghazipur andNeemuch are processing raw opium for exports,manufacturing of opium alkaloids and other relatedfunctions. They realized revenue of 383.54 crore in 2011-12 against the BE of `312 crore. In 2012-13, they haverealized a revenue of `265.79 crore (till December 2012)against the BE of `366.73 crore.
Ø The Smart Card Project for Poppy Cultivators has beenexpanded in 2007-08 to cover all 17 Opium Divisions.The project once fully and successfully implemented willenable monitoring of various cultivation activities andwould also be useful for policy level decisions.
Ø A system of monthly report by Administrative andCoordinating Units of respective items under OutcomeBudget has been introduced. Monthly and Quarterlyreview of trends of expenditure and progress underOutcome Budget is done at the Department/Ministry level.Project Monitoring/ Implementation Committee have beenestablished to review the implementation of major projectitems. For coordinated efforts and faster decision makingin massive computerization endeavours of CBDT andCBEC, an Empowered Committee is also functional whereeminent experts from Private Sector are also members.
Demand No. 43 – Direct Taxes
The Central Board of Direct Taxes (CBDT) is the apex bodyentrusted with the responsibility of administering direct tax laws
in India. The CBDT is also assisted by 17 Directorates whichfunction as its attached offices. Various Chief Commissioners ofIncome Tax supervise collection of direct taxes and providetaxpayers services across the country whereas Directors Generalof Income Tax (Investigation) supervise the investigationmachinery, with the aim to curb tax evasion and unearthunaccounted money. There are also appellate machineriescomprising of Commissioners of Income Tax (Appeals) whoperform the quasi-judicial task of deciding appeals against ordersof assisting officers. The key activities are summarized below:
Ø An outlay of ` 421.00 crore has been provided in BudgetEstimates 2013-14 under ‘Information Technology’ to bespent, inter alia, on following major programmes/schemes:
� Perspective Plan for Phase-III of ComprehensiveComputerisation Programme in the Income TaxDepartment-
- System Integration
- All India Tax network
- Hiring of Data Centers
- Physical Storage of arrear Pan forms of period2003-09.
- Scanning of arrear Pan forms of period2003-09.
� Tax Information Network (TIN)
� Taxpayers Services
� Aaykar Sampark Kendras
� e-filing of ITRs
� e-Payment of taxes
� on-line tracking of refunds
� Refund Banker
� Centralised Processing Cell(CPC)TDS
- (both paper based & e-filed)
� Centralized Processing Centre(CPC) Banglore.
� Data Warehouse and Business Intelligence(DW&BI)Solution
� New ITD Application.
Ø An outlay of 546.98 crore has been provided under Capitalsection in BE 2013-14 for purchase/construction of officeaccommodation at various places including completion ofacquisition of office space in MCD Civic Centre, NBCCPlaza, Saket at Delhi and Bhopal, construction of anadvanced training centre at National Academy of DirectTaxes, Nagpur, construction of office buildings at Noida,Firozabad, Bangalore, Srinagar, Nariman Point, Mumbai,Pune, Surat, Navasari and Daman, construction of RTI
(vi)Outcome Budget 2013-2014 Executive Summary
building at Mohali, construction of office cum residentialbuildings at Lucknow, Srinagar and Shahjahanpur,construction of guest house at Golf Links, New Delhi andPurchase of Land at Belgaom, Ahmedabad, Bangalore,Erode and Kochi.
Ø An outlay of 41.00 crore has been provided under Capitalsection in BE 2013-14 for construction of residentialquarters at Hadapsar, Jammu, Chennai and Surat and forup-gradation of quarters at Bhopal
Ø The initiatives and measures undertaken by the Departmenthas focused on simplification of tax laws and procedures,better facilities to taxpayers and minimizing the humaninterface between the taxpayers and the officials. These,inter alia, include facilities for online preparation and filingof Income Tax Returns, centralized processing of returns,Refund Banker scheme which includes direct credit ofrefunds to taxpayer’s account through ECS, e-payment oftaxes, on-line tracking of refunds, Tax Return PreparerScheme (TRPS), setting up of 60 Aaykar Sewa Kendrasfor single window Tax Payer Services, Aaykar SamparkKendras (call centres) etc. Also a “Sevottam’ scheme withthe view to bring in excellence in public service deliverybased on a newly rewritten Citizens’ Charter has beeninitiated.
Ø The Directorate of Infrastructure of the Income TaxDepartment has put in place a mechanism for preparationand monitoring of Asset Register containing the assets likeland, office buildings, residential quarters, vehicles andfurniture etc. whose book value is above `2.00 lakh each.The value of such assets as on 31.03.2012 is `4854.33crore.
Ø The actual expenditure in 2011-12 under this grant was`3239.85 crore against the Revised Estimates of 3315.78crore which shows an utilisation of 97.71%. In FY 2012-13, actual expenditure till Dec 31, 2012 stands at 2487.08crore against the Revised Estimates of `3735.51 crorewhich shows an utilization of 66.58 %.
Demand No.44 - Indirect Taxes
This demand relates to the establishment of field formationsunder the Central Board of Excise and Customs, formulation ofpolicy relating to levy and collection of customs and ExciseDuties, Service Tax, prevention of smuggling and evasion ofduties. Key activities are mentioned below:
Ø The revised cost of `598.97 crore for the InformationTechnology Infrastructure Consolidation Project of CBECwas approved by the CCEA and the project is underimplementation. Comprehensive computerizationcomprising of setting up of Wide Area/Local Area Networklinking all Offices, Seaports, Airports, Container Depots,setting up of Data Warehouse, Automation of CentralExcise and Service Tax, setting up of Risk ManagementSystems for easy clearance of imports etc. was taken up.Contracts for implementation of various components ofthe Project were awarded to the vendors. Most of the
components have almost been completed. `84.46 crore,`167.17 crore, `186.41 crore, `145.58 crore and ` 144.31have been spent for the years 2007-08, 2008-09 2009-10,2010-11 and 2011-12 respectively. During 2012-13, 77.21crore have been spent up December, 2012.
Ø The Risk Management System (RMS) is operational in allmajor Customs Ports/ Airports covering more than 95%of India’s international trade. A new upgraded version ofRMS is operational at 69 locations.
Ø Procurement of 7 more Container Scanners (3 MobileGamma Ray Scanners and 4 Fixed X-ray Scanners) forfacilitating cargo clearance is underway. Mobile and FixedScanners are expected to be commissioned in 2013-14.109 Marine Vessels for strengthening anti-smugglingoperations in the territorial waters have been procured. Atotal provision of `100.00 crores has been made for theyear 2013-14. `27.42 crore, `99.88 crore, `78.64 crore,`33.20 crore and `46.52 have been spent for the years2007-08, 2008-09, 2009-10, 2010-11 and 2011-12respectively under these schemes. During 2012-13, 1.44crore have been spent up December, 2012.
Ø Single Window Service for Large Tax Payers paying exciseduty, income tax/corporate tax and service tax has beenset up at Bengaluru, Chennai, Mumbai and Delhi. Anyperson or company who has paid income tax/corporate taxof more than 10 crore or excise duty of 5 crore or servicetax of `5 crore during any previous year can opt to functionas large taxpayer by giving consent to the concerned LargeTaxpayer Unit.
Ø In pursuance to Department of Expenditure’s guidelines/instructions on expenditure management permittingrevenue generating departments to prepare scheme toutilize 1% of incremental revenue to encourage greaterefforts at garnering revenue, enhancing organizationalefficiency, infrastructure and wherewithal, CBEC hassanctioned/allocated `160.44 crores upto 31.01.2013 forvarious purposes such as Capacity building/improvementof infrastructure in Central Excise and Customs Ranges,hiring of vehicles for increasing organisational efficiencyand outdoor preventive activities etc.
Demand No. 45 – Department of Disinvestment
Mandate
Department of Disinvestment is mainly responsible fordisinvestment of Government shareholding in CPSEs.Additionally, it deals with all matters relating to sale of CentralGovernment equity through offer for sale or private placementin erstwhile CPSEs.
Approach
Presently, the following approach has been adopted fordisinvestment:
i. Already listed profitable Central Public Sector Enterprises(CPSEs) not meeting the mandatory public shareholding
(vii) Executive SummaryOutcome Budget 2013-2014
of 10% are to be made compliant by public offering out ofGovernment shareholding or issue of fresh equity by theCPSEs concerned or a combination of both;
ii. All unlisted CPSEs having positive net worth, noaccumulated losses and having earned net profit for threepreceding consecutive years, are to be listed through publicofferings out of Government shareholding or issue of freshequity by the company or a combination of both;
iii. Further public offerings by listed CPSEs taking intoconsideration their capital investment requirements withGovernment of India simultaneously or independentlyoffering a portion of its shareholding in such CPSEs.
iv. All cases of disinvestment are to be decided on a case bycase basis as each CPSE has different equity structure,financial strength, fund requirement, sector of operation,etc., factors that will not permit a uniform pattern.
v. Government retains at least 51 per cent equity andmanagement control in all cases of disinvestment throughpublic offerings.
Benefits of disinvestment –
(i) Disinvestment and listing of CPSEs on stock exchangestakes the economic reform agenda forward and inter alia,
Ø Improves corporate governance
� Higher disclosure levels as mandated by SEBI/stockexchanges and under Company Law bring in greatertransparency and answerability. The oversight mechanismtherefore becomes robust and multilayered.
� Enhanced corporate governance with the induction ofindependent Directors.
� Higher levels of investor focused scrutiny and researchdemand adherence to professional conduct of businessresulting in improved corporate culture.
� The company will be subject to market discipline that helpsimprove the working culture both at the managerial levelas well as at the shop floor level. Day to day variations intrading price not only benchmarks the performance butalso signifies the impact of everyday events.
Ø Develops and deepens the capital market throughspread of equity culture
� The process of listing of CPSEs on stock exchangesfacilitates development and deepening of capital marketand spread of equity culture.
� Resources locked in sectors developed enough to raisemoney from the market are channelized into areas ofeconomy that are less likely to access resources from themarket because of their stage of economic development.
� When more resources are used for infrastructuredevelopment, it creates jobs for large number of
unemployed and simultaneously provides platform forhigher economic growth.
(i) This also creates fiscal space for relocation of resourceslocked in CPSEs.
Ø Unlocks true value of the Enterprises for allstakeholders, namely, investors, employees of the CPSEconcerned, the Company and the Government
� Consequent to listing, the CPSEs will be able to approachthe capital market to raise resources for their capitalexpenditure requirements as is the case among privatecompanies. Thus, the dependence on Government fundingwill be reduced.
(ii) Raise budgetary resources for the Government.
Utilization of Disinvestment proceeds
� The resources mobilized through disinvestment arechannelized into the `National Investment Fund’ (NIF).The income of the fund is used to finance social sectorschemes which promote education, health and employmentand also to meet the capital investment requirements ofprofitable and revivable CPSEs to finance their expansion/diversification.
� However, in view of the difficult economic situation causedby the global slowdown of 2008-09 and a severe droughtthat was likely to adversely affect the 11th Plan growthperformance, the Government in November, 2009 decidedthat all proceeds from disinvestment of CPSEs will beutilized in full to meet capital expenditure requirementsof social sector schemes decided by Planning Commission/Department of Expenditure. This one time exemption fromdepositing the proceeds into NIF which was for a threeyear period 1 April, 2009 to 31 March 2012, was furtherextended for one more year till 31 March 2013.
Thus, from April 2009 onwards, till date the disinvestmentproceeds are being used in full for funding capital expenditureof the following social sector programmes of the Government,namely:-
(i) Mahatma Gandhi National Rural Employment GuaranteeScheme
(ii) Indira Awas Yojana
(iii) Rajiv Gandhi Gramin Vidyutikaran Yojana
(iv) Jawaharlal Nehru National Urban Renewal Mission
(v) Accelerated Irrigation Benefits Programme
(vi) Accelerated Power Development and Reform Programme
Budget target
The budgetary target for disinvestment for 2012-13 is `30,000crore. The Government has, till December, 2012, realized anamount of `6905.20 crore from disinvestment in NationalBuilding Construction Corporation Ltd., Hindustan Copperlimited and National Mineral Development Corporation.
(ix) Executive Summary
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Outcome Budget 2013-2014
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222
112.
4230
088.
0072
81.3
937
369.
39C
harg
ed...
......
......
......
......
......
...
Vot
ed14
497.
4363
25.6
120
823.
0416
088.
0083
49.2
424
437.
2414
652.
0074
60.4
222
112.
4230
088.
0072
81.3
937
369.
39
Tot
al-R
even
ue S
ecti
on...
2871
82.1
828
7182
.18
...32
4769
.43
3247
69.4
3...
3339
97.4
933
3997
.49
...38
5000
.46
3850
00.4
6
Cha
rged
...28
7182
.18
2871
82.1
8...
3247
69.4
332
4769
.43
...33
3997
.49
3339
97.4
9...
3850
00.4
638
5000
.46
Vot
ed...
......
......
......
......
......
...
Tot
al-C
apit
al S
ecti
on...
......
......
......
......
......
...C
harg
ed...
......
......
......
......
......
...
Vot
ed...
......
......
......
......
......
...
Tot
al (
Rev
enue
& C
apita
l)...
2871
82.1
828
7182
.18
...32
4769
.43
3247
69.4
3...
3339
97.4
933
3997
.49
...38
5000
.46
3850
00.4
6C
harg
ed...
2871
82.1
828
7182
.18
...32
4769
.43
3247
69.4
3...
3339
97.0
033
3997
.00
...38
5000
.46
3850
00.4
6
Vot
ed...
......
......
......
......
......
...
DE
MA
ND
NO
. 34
DE
PA
RT
ME
NT
OF
FIN
AN
CIA
L S
ER
VIC
ES
AP
PR
OP
RIA
TIO
N N
O. 3
5IN
TE
RE
ST P
AY
ME
NT
S
Des
crip
tion
Act
uals
201
1-20
12 B
udge
t E
stim
ates
201
2-20
13R
evis
ed E
stim
ates
201
2-20
13B
udge
t E
stim
ates
201
3-20
14Pl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
l
(x)Outcome Budget 2013-2014 Executive Summary
DE
MA
ND
NO
. 36
TR
AN
SFE
RS
TO
ST
AT
E A
ND
UN
ION
TE
RR
ITO
RY
GO
VE
RN
ME
NT
S
Tot
al-R
even
ue S
ecti
on74
056.
9152
842.
5912
6899
.50
9590
8.00
6802
2.46
1639
30.4
680
435.
0064
420.
3514
4855
.35
9195
7.00
7205
9.40
1640
16.4
0C
harg
ed...
4397
2.67
4397
2.67
...58
357.
4658
357.
46...
5503
1.80
5503
1.80
...62
134.
4062
134.
40
Vot
ed74
056.
9188
69.9
282
926.
8395
908.
0096
65.0
010
5573
.00
8043
5.00
9388
.55
8982
3.55
9195
7.00
9925
.00
1018
82.0
0
Tot
al-C
apit
al S
ecti
on99
95.3
5...
9995
.35
1100
0.00
1000
.00
1200
0.00
1100
0.00
1000
.00
1200
0.00
1100
0.00
1000
.00
1200
0.00
Cha
rged
9995
.35
...99
95.3
511
000.
0010
00.0
012
000.
0011
000.
0010
00.0
012
000.
0011
000.
0010
00.0
012
000.
00
Vot
ed...
......
......
......
......
......
...
Tot
al (
Rev
enue
& C
apita
l)84
052.
2652
842.
5913
6894
.85
1069
08.0
069
022.
4617
5930
.46
9143
5.00
6542
0.35
1568
55.3
510
2957
.00
7305
9.40
1760
16.4
0C
harg
ed99
95.3
543
972.
6753
968.
0211
000.
0059
357.
4670
357.
4610
000.
0056
031.
8066
031.
8010
000.
0063
134.
4073
134.
40
Vot
ed74
056.
9188
69.9
282
926.
8395
908.
0096
65.0
010
5573
.00
8043
5.00
9388
.55
8982
3.55
9195
7.00
9925
.00
1018
82.0
0
Tot
al-R
even
ue S
ecti
on...
......
......
......
......
......
...C
harg
ed...
......
......
......
......
......
...
Vot
ed...
......
......
......
......
......
...
Tot
al-C
apit
al S
ecti
on...
212.
6821
2.68
...25
0.00
250.
00...
235.
0023
5.00
...22
5.00
225.
00C
harg
ed...
......
......
......
......
......
...
Vot
ed...
212.
6821
2.68
...25
0.00
250.
00...
235.
0023
5.00
...22
5.00
225.
00
Tot
al (
Rev
enue
& C
apita
l)...
212.
6821
2.68
...25
0.00
250.
00...
235.
0023
5.00
...22
5.00
225.
00C
harg
ed...
......
......
......
......
......
...
Vot
ed...
212.
6821
2.68
...25
0.00
250.
00...
235.
0023
5.00
...22
5.00
225.
00
Tot
al-R
even
ue S
ecti
on...
......
......
......
......
......
...C
harg
ed...
......
......
......
......
......
...
Vot
ed...
......
......
......
......
......
...
Tot
al-C
apit
al S
ecti
on...
3495
928.
7034
9592
8.70
...37
8607
4.35
3786
074.
35...
3301
906.
0033
0190
6.00
...40
1424
8.55
4014
248.
55C
harg
ed...
3495
928.
7034
9592
8.70
...37
8607
4.35
3786
074.
35...
3301
906.
0033
0190
6.00
...40
1424
8.55
4014
248.
55
Vot
ed...
......
......
......
......
......
...
Tot
al (
Rev
enue
& C
apita
l)...
3495
928.
7034
9592
8.70
...37
8607
4.35
3786
074.
35...
3301
906.
0033
0190
6.00
...40
1424
8.55
4014
248.
55C
harg
ed...
3495
928.
7034
9592
8.70
...37
8607
4.35
3786
074.
35...
3301
906.
0033
0190
6.00
...40
1424
8.55
4014
248.
55
Vot
ed...
......
......
......
......
......
...
DE
MA
ND
NO
. 37
LO
AN
S T
O G
OV
ER
NM
EN
T S
ER
VA
NT
S E
TC
.
AP
PR
OP
RIA
TIO
N N
O. 3
8R
EP
AY
ME
NT
OF
DE
BT
(xi) Executive Summary
Des
crip
tion
Act
uals
201
1-20
12 B
udge
t E
stim
ates
201
2-20
13R
evis
ed E
stim
ates
201
2-20
13B
udge
t E
stim
ates
201
3-20
14Pl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
l
Outcome Budget 2013-2014
DE
MA
ND
NO
. 39
DE
PA
RT
ME
NT
OF
EX
PE
ND
ITU
RE
Tot
al-R
even
ue S
ecti
on2.
4511
5.25
117.
704.
0013
1.25
135.
252.
8812
1.97
124.
854.
0013
6.12
140.
12C
harg
ed...
......
......
......
......
......
...
Vot
ed2.
4511
5.25
117.
704.
0013
1.25
135.
252.
8812
1.97
124.
854.
0013
6.12
140.
12
Tot
al-C
apit
al S
ecti
on1.
03...
1.03
......
......
......
......
...C
harg
ed...
......
......
......
......
......
...
Vot
ed1.
03...
1.03
......
......
......
......
...
Tot
al (
Rev
enue
& C
apita
l)3.
4811
5.25
118.
734.
0013
1.25
135.
252.
8812
1.97
124.
854.
0013
6.12
140.
12C
harg
ed...
......
......
......
......
......
...
Vot
ed3.
4811
5.25
118.
734.
0013
1.25
135.
252.
8812
1.97
124.
854.
0013
6.12
140.
12
Tot
al-R
even
ue S
ecti
on...
1797
7.51
1797
7.51
...19
800.
0019
800.
00...
1956
4.00
1956
4.00
...21
049.
0021
049.
00C
harg
ed...
75.4
375
.43
...90
.00
90.0
0...
90.0
090
.00
...95
.00
95.0
0
Vot
ed...
1790
2.08
1790
2.08
...19
710.
0019
710.
00...
1947
4.00
1947
4.00
...20
954.
0020
954.
00
Tot
al-C
apit
al S
ecti
on...
......
......
......
......
......
...C
harg
ed...
......
......
......
......
......
...
Vot
ed...
......
......
......
......
......
...
Tot
al (
Rev
enue
& C
apita
l)...
1797
7.51
1797
7.51
...19
800.
0019
800.
00...
1956
4.00
1956
4.00
...21
049.
0021
049.
00C
harg
ed...
75.4
375
.43
...90
.00
90.0
0...
90.0
090
.00
...95
.00
95.0
0
Vot
ed...
1790
2.08
1790
2.08
...19
710.
0019
710.
00...
1947
4.00
1947
4.00
...20
954.
0020
954.
00
Tot
al-R
even
ue S
ecti
on...
2421
.17
2421
.17
...25
58.4
925
58.4
9...
2618
.16
2618
.16
...27
94.5
427
94.5
4C
harg
ed...
74.0
274
.02
...78
.83
78.8
3...
86.6
186
.61
...97
.69
97.6
9
Vot
ed...
2347
.15
2347
.15
...24
79.6
624
79.6
6...
2531
.55
2531
.55
...26
96.8
526
96.8
5
Tot
al-C
apit
al S
ecti
on...
0.61
0.61
...10
.00
10.0
0...
5.00
5.00
...10
.00
10.0
0C
harg
ed...
......
......
......
......
......
...
Vot
ed...
0.61
0.61
...10
.00
10.0
0...
5.00
5.00
...10
.00
10.0
0
Tot
al (
Rev
enue
& C
apita
l)...
2421
.78
2421
.78
...25
68.4
925
68.4
9...
2623
.16
2623
.16
...28
04.5
428
04.5
4C
harg
ed...
74.0
274
.02
...78
.83
78.8
3...
86.6
186
.61
...97
.69
97.6
9
Vot
ed...
2347
.76
2347
.76
...24
89.6
624
89.6
6...
2536
.55
2536
.55
...27
06.8
527
06.8
5
DE
MA
ND
NO
. 40
PE
NSI
ON
S
DE
MA
ND
NO
. 41
IND
IAN
AU
DIT
& A
CC
OU
NT
S D
EP
AR
TM
EN
T
Des
crip
tion
Act
uals
201
1-20
12 B
udge
t E
stim
ates
201
2-20
13R
evis
ed E
stim
ates
201
2-20
13B
udge
t E
stim
ates
201
3-20
14Pl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
l
(xii)Outcome Budget 2013-2014 Executive Summary
DE
MA
ND
NO
. 42
DE
PA
RT
ME
NT
OF
RE
VE
NU
E
Tot
al-R
even
ue S
ecti
on...
5256
.94
5256
.94
...11
67.0
511
67.0
5...
855.
2485
5.24
...10
117.
1910
117.
19C
harg
ed...
......
...0.
020.
02...
0.02
0.02
...0.
020.
02
Vot
ed...
5256
.94
5256
.94
...11
67.0
311
67.0
3...
855.
2285
5.22
...10
117.
1710
117.
17
Tot
al-C
apit
al S
ecti
on...
3.57
3.57
...11
.54
11.5
4...
8.91
8.91
...10
0.71
100.
71C
harg
ed...
......
......
......
......
......
...
Vot
ed...
3.57
3.57
...11
.54
11.5
4...
8.91
8.91
...10
0.71
100.
71
Tot
al (
Rev
enue
& C
apita
l)...
5260
.51
5260
.51
...11
78.5
911
78.5
9...
864.
1586
4.15
...10
217.
9010
217.
90C
harg
ed...
0.02
0.02
...0.
020.
02...
0.02
0.02
...0.
020.
02
Vot
ed...
5260
.51
5260
.51
...11
78.5
711
78.5
7...
864.
1386
4.13
...10
217.
8810
217.
88
Tot
al-R
even
ue S
ecti
on...
2971
.85
2971
.85
...30
71.1
830
71.1
8...
3301
.51
3301
.51
...37
71.9
137
71.9
1C
harg
ed...
......
......
......
......
......
...
Vot
ed...
2971
.85
2971
.85
...30
71.1
830
71.1
8...
3301
.51
3301
.51
...37
71.9
137
71.9
1
Tot
al-C
apit
al S
ecti
on...
260.
9926
0.99
...80
9.28
809.
28...
434.
0043
4.00
...58
9.98
589.
98C
harg
ed...
......
......
......
......
......
...
Vot
ed...
260.
9926
0.99
...80
9.28
809.
28...
434.
0043
4.00
...58
9.98
589.
98
Tot
al (
Rev
enue
& C
apita
l)...
3232
.84
3232
.84
...38
80.4
638
80.4
6...
3735
.51
3735
.51
...43
61.8
943
61.8
9C
harg
ed...
......
......
......
......
......
...
Vot
ed...
3232
.84
3232
.84
...38
80.4
638
80.4
6...
3735
.51
3735
.51
...43
61.8
943
61.8
9
Tot
al-R
even
ue S
ecti
on...
3193
.66
3193
.66
...34
81.8
834
81.8
8...
3535
.78
3535
.78
...38
30.2
538
30.2
5C
harg
ed...
0.16
0.16
...0.
500.
50...
0.50
0.50
...0.
500.
50
Vot
ed...
3193
.50
3193
.50
...34
81.3
834
81.3
8...
3535
.28
3535
.28
...38
29.7
538
29.7
5
Tot
al-C
apit
al S
ecti
on...
47.3
447
.34
...11
9.20
119.
20...
34.8
334
.83
...14
9.25
149.
25C
harg
ed...
......
......
......
......
......
...
Vot
ed...
47.3
447
.34
...11
9.20
119.
20...
34.8
334
.83
...14
9.25
149.
25
Tot
al (
Rev
enue
& C
apita
l)...
3241
.00
3241
.00
...36
01.0
836
01.0
8...
3570
.61
3570
.61
...39
79.5
039
79.5
0C
harg
ed...
0.16
0.16
...0.
500.
50...
0.50
0.50
...0.
500.
50
Vot
ed...
3240
.84
3240
.84
...36
00.5
836
00.5
8...
3570
.11
3570
.11
...39
79.0
039
79.0
0
DE
MA
ND
NO
. 43
DIR
EC
T T
AX
ES
DE
MA
ND
NO
. 44
IND
IRE
CT
TA
XE
S
(xiii) Executive Summary
Des
crip
tion
Act
uals
201
1-20
12 B
udge
t E
stim
ates
201
2-20
13R
evis
ed E
stim
ates
201
2-20
13B
udge
t E
stim
ates
201
3-20
14Pl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
lPl
anN
on-P
lan
Tota
l
Outcome Budget 2013-2014
DE
MA
ND
NO
. 45
DE
PA
RT
ME
NT
OF
DIS
INV
EST
ME
NT
Tot
al-R
even
ue S
ecti
on...
35.2
635
.26
...63
.24
63.2
4...
25.8
325
.83
...63
.24
63.2
4
Cha
rged
......
......
......
......
......
......
Vot
ed...
35.2
635
.26
...63
.24
63.2
4...
25.8
325
.83
...63
.24
63.2
4
Tot
al-C
apit
al S
ecti
on...
......
......
......
......
......
...C
harg
ed...
......
......
......
......
......
...
Vot
ed...
......
......
......
......
......
...
Tot
al (
Rev
enue
& C
apita
l)...
35.2
635
.26
...63
.24
63.2
4...
25.8
325
.83
...63
.24
63.2
4C
harg
ed...
......
......
......
......
......
...
Vot
ed...
35.2
635
.26
...63
.24
63.2
4...
25.8
325
.83
...63
.24
63.2
4
DEPARTMENT OF ECONOMIC AFFAIRSINTRODUCTION
The Department of Economic Affairs formulates andmonitors the country's economic policies and programmes havinga bearing on domestic and international aspects of economicmanagement. One of the principal responsibilities of thisDepartment is the preparation of the Annual Union Budget(excluding the Railway Budget) and the Economic Survey. Otherkey functions include:
Ä Formulation and monitoring of macro-economicpolicies including issues relating to fiscal policy andpublic finance, inflation, public debt management andthe functioning of Capital Markets, including StockExchanges; ways and means to raise internal resourcesthrough market borrowings and mobilization of smallsavings;
Ä Monitoring and raising of external resources throughmultilateral and bilateral Official DevelopmentAssistance and sovereign borrowings abroad, foreigninvestments and monitoring of foreign exchangeresources including balance of payments;
Ä Production of bank notes and coins of variousdenominations, postal stationery, postal stamps etc.
1 Department of Economic Affairs
Ä Cadre management, career planning and training of theIndian Economic Service (IES).
In this Demand, the major portion of the Budget is towardssubsidy to Railways for dividend relief and reimbursement oflosses to Railways on operating strategic railway lines,contribution to Railway Safety Works, investments in theInternational Monetary Fund (IMF)/Asian Development Bank(ADB)and other financial institutions, Interest EqualisationSupport to EXIM Bank for Government of India concessionalLines of Credit (LOCs) to other developing countries and costof supply of coins to Reserve Bank of India. Apart from this, theexpenditure includes establishment related expenditure of theDepartment and its subordinate offices eg National SavingsInstitute (NSI), Securities Appellate Tribunal (SAT); the 14thFinance Commission and the Financial Sector LegislativeReforms Commission(FSLRC) and GOI contributions towardsInternational bodies. Therefore there are very few activities/outlays for which Outcome/targets can be set in tangible,quantifiable/measureable terms. The activities under Plan andNon Plan, indicating 'Outlays' and 'Outcomes' for the financialyear 2013-14 are depicted in the following Statements:
STAT
EM
EN
T O
F O
UT
LAY
S A
ND
OU
TC
OM
ES
2013
- 14
S. No. 1
1.
Nam
e of
the
Sche
me/
Prog
ram
me
2
Maj
or H
ead
3054
-Con
trib
utio
n fo
rR
ailw
ay S
afet
yW
orks
aga
inst
addi
tiona
l lev
ies
on M
otor
Spi
rit
and
Hig
h Sp
eed
Die
sel.
(Pla
n)
3 Department of Economic Affairs
Obj
ectiv
e/O
utco
me
3
Obj
ectiv
e/O
utco
me
3
Und
er th
is S
chem
e mon
eyun
der C
entra
l Roa
d Fu
ndis
use
d fo
r fi
nanc
ing
cons
truc
tion
of r
ailw
ayov
er/ u
nder
br
idge
s an
dra
ilway
saf
ety
wor
ks a
tun
man
ned
rail
way
cros
sing
s to
ensu
re sa
fety
and
prov
ide
smoo
th a
ndsa
fe p
assa
ge fo
r tra
ffic.
Out
lay
2013
-14
(` In
Cro
re)
44(
i)4(
ii)4(
iii)
Non
-Pl
anC
EB
RPl
an ...11
02.4
5...
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
- M
anni
ng
at
1600
loca
tions
.
- in
terl
ocki
ng
at 3
00lo
catio
ns
- al
l m
anne
d ga
tes
to b
epr
ovid
ed te
leph
ones
.
- Con
struc
tion
of 1
000
Nos
Roa
d un
der
brid
ges/
Subw
ays.
- Con
stru
ctio
n of
225
Nos
of R
oad
Ove
r Br
idge
s.
Proj
ecte
dO
utco
mes
6
Ens
ure
safe
ty
atun
man
ned
leve
lcr
ossi
ng a
nd p
rovi
desm
ooth
pas
sage
for
road
tra
ffic
and
rail
oper
atio
ns.
Fuel
is
save
d an
d ca
rbon
emis
sion
s re
duce
dw
here
RO
Bs/
RU
Bs
are c
onstr
ucte
d.
Proc
esse
s/Ti
mel
ines
7
-For
m
anni
ng
ofun
man
ned l
evel
cros
sing,
gate
d/li
ftin
g ba
rrie
rsha
ve t
o be
ere
cted
and
duty
hut
s/ga
te l
odge
sco
nstr
ucte
d fo
r ga
te-
keep
ers.
-Lay
ing
of ca
ble b
etw
een
stat
ion/
leve
l cr
ossi
nglo
catio
n fo
r co
nnec
ting
sign
alli
ng s
yste
m &
tele
phon
es.
-RO
B/R
UB
s ar
epr
ovid
ed in
lieu
of b
usy
leve
l cr
ossi
ng o
n co
stsh
arin
g ba
sis. P
ropo
sal o
fR
OB
/RU
B w
ith
Trai
nVe
hicl
e U
nits
(TV
Us)
abov
e 1 la
kh is
spon
sore
dby
Sta
te G
ovt.
/lo
cal
bodi
es w
ith u
nder
taki
ngs,
i.e.
co
nsen
t su
ch a
scl
osur
e of
LC
af
ter
com
plet
ion
of R
OB
,50
:50
cost
sh
arin
g,ar
rang
emen
t of
enc
um-
bran
ce's
free
land
, etc
.
Rem
arks
/R
iskFa
ctor
s
8
Con
stru
ctio
n of
RO
B/R
UB
is
ajo
int
wor
k of
Railw
ay an
d/St
ate
Gov
t/loc
al b
odie
s.So
me
time
com
-pl
etio
n of
RO
Bw
orks
get
del
ayed
due
to c
ontra
ctua
lpr
oble
m,
non-
avai
labi
lity
of
land
, d
elay
in
dive
rsio
n of
roa
dtra
ffic,
shi
fting
of
leve
l cr
ossi
ngga
tes,
fund
crun
chw
ith S
tate
Gov
t,br
idge
por
tion
and
appr
oach
por
tion
of
RO
B
bein
gco
nstr
ucte
d b
ytw
o ag
enci
es.
*CEB
R - C
ompl
emen
tary
ext
ra b
udge
tary
reso
urce
s i.e
., ex
pend
iture
s com
mitt
ed fo
r the
pur
pose
by
entit
ies o
ther
than
the
Cen
tral
Gov
ernm
ent.
12
34
4(i)
4(ii)
4(iii
)N
on-
Plan
CE
BR
Plan
56
78
Ther
e is t
ime l
ag be
twee
ngr
ant
of '
in p
rinc
iple
'ap
prov
al a
nd t
he f
inal
disb
urse
men
t.
The
prov
isio
n is
to
beut
ilise
d up
to 3
1st M
arch
,20
14.
Dis
burs
emen
t of
fund
tak
es p
lace
afte
r co
mm
ence
-m
ent
of c
onst
ruc-
tion
wor
k of
the
proj
ect
and
only
afte
r th
e pr
ivat
epa
rty,
se
lect
edth
roug
h co
mpe
-ti
tive
bi
ddin
gin
vest
s its
shar
e of
equi
ty.
If th
e rep
aym
ent i
sde
faul
ted
by t
here
cipi
ent
coun
try,
GO
I w
ill h
ave
tore
pay
the
amou
ntto
EX
IM B
ank,
as
coun
ter-
guar
ante
eof
GO
I, ha
s be
engi
ven
to E
XIM
Bank
for t
he li
nes
of c
redi
t.
Dev
elop
men
t of
Infra
struc
ture
thro
ugh
Publ
ic
Priv
ate
Partn
ersh
ip m
ode.
Inte
rest
equ
aliz
atio
nsu
ppor
t to
Exim
Ban
kof
Ind
ia h
as t
o be
give
n by
G
OI
inre
spec
t of
the
GO
Isu
ppor
ted
Exim
Ban
kof
Ind
ia L
ines
of
Cre
dit
exte
nded
for
grow
th o
f In
dian
expo
rts, d
evel
opm
ent
of
stra
tegi
c an
dec
onom
ic r
elat
ion-
ship
with
dev
elop
ing
coun
tries
like
Ang
ola,
Bur
kina
Fa
so,
Cam
bodi
a,
Cha
d,Co
ngo,
Cot
e d' I
voire
,D
jibo
uti,
G
uine
aBi
ssau
, Guy
ana,
etc.
145
prop
osal
s ha
ve b
een
gran
ted
'in p
rinci
ple/
final
appr
oval
' for
tot
al p
roje
ctco
st o
f `8
0203
.28
cror
ean
d V
GF
gran
t of `
1567
2.6
8 cr
ore
The
to
tal
appr
oval
s for
VG
F gr
ant t
illno
w i
s of
the
ord
er o
f`1
1996
.87
cror
e. T
heac
tual
lev
el o
f V
GF
for
thes
e pr
opos
als
wil
l be
know
n on
ce t
he b
iddi
ngpr
oces
s is c
ompl
eted
.
Line
s of
Cre
dit (
LOC
s) to
othe
r dev
elop
ing
coun
tries
thro
ugh
EXIM
Ban
k fo
rex
ports
of In
dian
goo
ds an
dse
rvic
es.
To p
rom
ote P
ublic
Priv
ate
Part
ners
hip
(PPP
) in
the
infr
astr
uctu
re
sect
orth
roug
h pr
ovis
ion
ofV
iabi
lity
Gap
Fun
ding
(VG
F).
The
obje
ctiv
e is
to p
roje
ctIn
dia's
stra
tegi
c eco
nom
icin
tere
sts
abro
ad a
nd t
ode
velo
p lo
ng s
tand
ing
econ
omic
rel
atio
nshi
p.T
he s
chem
e in
ter-
alia
,pr
ovid
es
inte
rest
equa
lisat
ion
supp
ort
toEX
IM B
ank
of I
ndia
for
GO
I su
ppor
ted
Line
s of
Cred
it.
...67
8.00
...
416.
50...
...
Maj
or H
ead
5475
-A
ssis
tanc
e fo
rIn
fras
truc
ture
Dev
elop
men
tPu
blic
Pri
vate
Part
ners
hip
(PPP
)in
Infr
astr
uctu
re(P
lan
Sche
me)
.
Maj
or H
ead
3475
- Int
eres
tE
qual
isat
ion
Supp
ort t
o E
xim
Ban
k of
Indi
a.(N
on-P
lan)
Outcome Budget 2013-2014 4
2. 3.
1.1 Assistance for Infrastructure Development (Plan)This scheme puts in place an innovative funding mechanism
Public Private Partnership (PPP) in Infrastructure sector forViability Gap support. The Government recognizes the need forsignificantly improving the availability and quality of criticalinfrastructure in the country in order to make the economycompetitive and take it on to a high growth trajectory. It has beendecided to encourage Public Private Partnership in infrastructuresectors in order to augment the pace of development of physicalinfrastructure through enhanced investment. Provision has beenmade for extending support for viability gap funding, for publicprivate partnerships projects in various infrastructure sectors suchas roads, seaports, airports, railways, convention centres, power,water supply, sewage and solid waste disposal in urban areasetc. To intensify and deepen the capacity building of publicfunctionaries at the State and municipal level and integrate thecapacity building programme on PPPs in the ongoing programmesat the State level, a comprehensive National Capacity BuildingProgramme has been developed by DEA, which has been rolledout at the State level in collaboration with KfW DevelopmentBank. Around 65 Training programmes have been conducted totrain 155 Trainers, who have trained over 1975 publicfunctionaries who deal with PPPs in their domain. An OnlineToolkits for PPP projects, risk and contingent liability frameworksand communication strategy for PPPs have been developed. Theseare available at this Department's website on PPPs, i.e.www.pppinindia.com. The PPP Toolkit is a web-based resourcethat has been designed to help improve decision-making forinfrastructure PPPs in India and to improve the quality of theinfrastructure PPPs that are implemented in India. To promotePPPs and to ensure that the PPP projects are procured andimplemented by following laid down process and observingprinciples of transparency, competitive bid process, affordabilityand value for money, the draft PPP Policy and draft PPP Ruleshave been prepared. These are undergoing extensive consultationprocess at the Central and State Governments level before theirfinalization.1.2 Scheme for Financial Support to PPPs in Infrastructure
(Plan)A unique characteristic of infrastructure projects is that the
positive externalities caused by projects cannot be captured byproject revenues alone. Hence, a project may be economicallyessential but commercially unviable. Such projects, which aremarginally viable or unviable, can be made financially attractivethrough a grant. The Government has created a Viability GapFunding arrangement for such project in the infrastructure sector.So far 145 projects have been granted approval with Total ProjectCost (TPC) of `80203.28 crore and VGF support of `15672.68crore. However, the actual level of VGF amount of these proposalswill be known once the bidding process is completed. Thefinancial closure has been achieved for 45 projects and is underconsideration. 14 projects in Madhya Pradesh and Gujarat havebeen awarded on premium where no VGF support will berequired. An amount of `902.9623 crore has been disbursed tillDecember, 2012 under the VGF Scheme. A budget provision of`678.00 crore has been made in the BE 2013-14 based onsponsoring Authority requirements and the number of projectsalready granted final approval.
1.3 India Infrastructure Project Development Fund (IIPDF)(Non - Plan)The Union Finance Minister, in his Budget Speech for
2007-08, announced the setting up of a Revolving Fund with acorpus of 100 crore to quicken the process of project preparation.The Government of India notified the Scheme and Guidelinesfor India Infrastructure Project Development Fund tooperationalise financial support for quality project developmentactivities to the States and the Central Ministries. The objectiveis to fund project development expenses of potential PublicPrivate Partnership projects' including cost of engagingconsultants and transaction advisor, thus increasing the qualityand quantity of successful PPPs and allowing informed decisionmaking by the Government based on good quality feasibilityreports. The IIPDF will assist projects that closely support thebest practices in PPP project identification and preparation. Sofar, 49 projects have been approved with an IIPDF assistance of`60.06 crore. `1.32 crore, `7.55 crore, `7.00 crore and `7.00crore respectively has been disbursed under the Scheme in2008-09, 2009-10, 2010-11 and 2011-12. Around 1.762 crorehas been disbursed till December, 2012 and amount of `4.00crore has been provided for the FY 2013-14.1.4 Technical and Economic Cooperation with other
Countries - Interest Equalisation support to EXIM Bankof IndiaGOI provides concessional Lines of Credit (LOCs) to foreign
countries through EXIM Bank India. Under this Scheme, interestequalization support (i.e. the difference between Exim Bank'srate of interest and the concessional rate of interest on whichLOC is extended) is paid to the EXIM Bank. In most of the casesGOI counter guarantee for repayment of principal and paymentof interest is also given to EXIM Bank. Interest equalizationsupport has been provided to the tune of `145.96 crore duringthe period from April to October, 2012. During 2012-13 fourGOI supported EXIM Bank of India Lines of Credit (LOCs) fora total amount of US$ 310.52 million have been approved bythis Department.1.5 National Clean Energy Fund (NCEF)
National Clean Energy Fund has been created for fundingresearch and innovative projects in clean technologies. CleanEnergy Cess is being levied on coal produced in India, as well ason imported coal. The cess so collected is transferred to NCEF,as per requirement. The provision for expenditure on identifiedschemes is being made in the Demand for Grants of differentMinistries/Departments.1.6 Financial Sector Legislative Reforms Commission
The Government has also set up the Financial SectorLegislative Reforms Commission (FSLRC) under thechairmanship of Retd. Supreme Court Justice, Shri B.N.Srikrishna. This has been done with a view to help rewriting andharmonizing the financial sector legislation, rules and regulationsto address the contemporaneous requirements of the sector. TheCommission is expected to submit its report within its 24-monthtime-frame which would fall in March, 2013.1.7 Cabinet Committee on Investments (CCI)
The Government has set up the Cabinet Committee onInvestments (CCI) with the Prime Minister as the Chairman toexpedite decisions on approvals/clearances for implementation
5 Department of Economic Affairs
Reform Measures and Policy Initiatives
of projects. The CCI will monitor and review the implementationof major projects to ensure accelerated and time-bound grant ofvarious licenses, permissions and approvals. This is likely toimprove the investment environment by bringing transparency,efficiency and accountability in accordance of various approvalsand sanctions. This will also help in attracting private sectorinvestments and generation of productive employment andimprovement in economy and infrastructure.
1.8 Infrastructure Debt Funds (IDFs)One major problem faced by banks while disbursing loans
to infrastructure projects is the asset liability mismatch inherentwith these projects. Therefore many such projects are deniedfinancing by banks. Infrastructure Debt Funds (IDFs) throughinnovative means of credit enhancement is expected to providelong-term low-cost debt for infrastructure projects by tappinginto source of savings like Insurance and Pension Funds whichhave hitherto played a comparatively limited role in financinginfrastructure in India. Further, the IDFs set up as NBFC shallinvest only in PPP projects which have successfully completedone year of commercial operation. The income of InfrastructureDebt Funds has been exempted from income tax. Reduction inwithholding tax has also been allowed on interest payment onborrowings of IDFs from existing 20% to 5%. Buy-out Guaranteefrom Project Authority will enable IDF-NBFC to maintain zeroNPAs and raising funds at cheaper rates. The cost and tariff ofInfrastructure services would go down as a result of low costlong term debt provided by IDFs. The taking over of existingbank debts by IDFs will release an equivalent volume for freshlending by banks to infrastructure projects. Thus the IDFs wouldpresent an attractive option for such entities who wish to investfor long term in comparatively secure instruments.
1.9 Tax Free BondsThe Government has also allowed the issue of Tax Free
Bonds amounting to 54,500 crore for the FY 2012-13, doubledfrom 30,000 crore in FY 2011-12. These bonds would mobilizemuch needed long-term funds for the infrastructure developmentof the country by offering attractive coupon rates to the retailand non-retail investors, linked to Government Securities rates.
1.10 Rajiv Gandhi Equity Savings Scheme (RGESS)The Government on 23rd November 2012 notified a new
tax saving scheme called "Rajiv Gandhi Equity SavingsScheme"(RGESS) exclusively, for the first time retail investorsin securities market. This Scheme would give 50% deduction ofthe amount invested from the taxable income for that year, tonew investors, who invest up to 50,000 and whose annual incomeis below `10 lakh. The operational guidelines were issued bySEBI on 6th December 2012.
1.11 Electronic Voting Facility made mandatory for top listedcompaniesUnion Budget 2012-13 has made it mandatory for top listed
companies to offer electronic voting facility to its shareholders.On 13 July 2012, SEBI has come out with necessary amendmentsto be made to the equity listing agreement by stock exchanges inthis regard. To make a beginning electronic voting is now mademandatory for top 500 listed companies at Bombay StockExchange (BSE) and National Stock Exchange (NSE), chosenbased on market capitalization, in respect of those businesses tobe transacted through postal ballot. This was made applicablefor the shareholders' meetings, for which notices were issued onor after October 01, 2012.1.12 Launched SME Exchange/Platform
Separate trading platforms for small and medium scaleenterprises (SMEs) were launched and became functional at BSEand NSE in March, 2012 and September 2012 respectively. Ason 14th January 2013, the number of equities listed on the BSEand NSE SME platforms is 12 and 2, respectively.1.13 Reduced Securities Transaction Tax (STT) for cash
delivery transactions by 20%Following the Union Budget announcement of 2012-13 the
rate of STT has been revised downwards by 20% to 0.1% from0.125%, for delivery based transactions in the cash market, witheffect from 1st July 2012.1.14 Reformed the regulatory framework for governance and
ownership of stock exchanges, clearing corporations anddepositories:Based on the recommendations of the Dr. Bimal Jalan
Committee, a revised policy for the ownership structure andgovernance of securities market infrastructure institutions (MIIs)like, depositories, clearing corporations (CCs) and stockexchanges (SEs) was finalised on 2 April 2012. Based on thesame, a new Regulation - Securities Contracts (Regulation) (StockExchanges and Clearing Corporations) Regulations, 2012, - wasnotified on June 20, 2012 to regulate recognition, ownership andgovernance in stock exchanges and clearing corporations. Further,the Securities and Exchange Board of India (Depositories andParticipants) (Amendment) Regulations, 2012 has been broughtin w.e.f. 11 September 2012 to regulate the ownership andgovernance norms of depositories.1.15 Revised Guidelines with respect to Exit Policy for De-
recognized/Non-operational Stock Exchanges:Securities and Exchange Board of India (SEBI) vide its
Circular dated on 30 May 2012 (CIR/MRD/DSA/14/2012) hasrevised the policy on "Exit Policy for De-recognized/Non-operational Stock Exchanges" for stock exchanges. The policyprovides for de-recognition (voluntary/compulsory) of non-performing stock exchanges.
Outcome Budget 2013-2014 6
Maj
or H
ead
3054
-C
ontr
ibut
ion
for
Rai
lway
Saf
ety
Wor
ks a
gain
stad
ditio
nal l
evie
son
Mot
or S
piri
tan
d H
igh
Spee
dD
iese
l. (P
lan)
Nam
e of
the
Sche
me/
Prog
ram
me
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2011
-12
(` In
Cro
re)
44(
i)4(
ii)BE
RE
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Proc
esse
s/Ti
mel
ines
6
Risk
Fact
ors
7
Stat
us a
s on
31st
Mar
ch 2
012
8
Und
er th
is S
chem
e mon
eyun
der C
entra
l Roa
d Fu
ndis
use
d fo
r fi
nanc
ing
cons
truct
ion
of R
oad
over
/un
der
brid
ges
in li
eu
ofbu
sy
man
ned
leve
lcr
ossi
ngs
an
d ra
ilway
safe
ty w
orks
at u
nman
ned
railw
ay cr
ossin
gs to
ensu
resa
fety
and
smoo
th p
assa
gefo
r tra
ffic.
- M
anni
ng at
800
(rev
ised
targ
et
1500
) loc
atio
ns.
- Li
ftin
g B
arri
er a
t 16
0lo
catio
ns.
- B
asic
inf
rast
ruct
ure
at10
11
loca
tions
.-
all
man
ned
gate
s to
be
prov
ided
tele
phon
es.
- in
terl
ocki
ng
at 3
86lo
catio
ns-
Con
stru
ctio
n of
1
50N
os
lim
ited
he
ight
Subw
ays.
-Co
nstru
ctio
n of
100
Nos
of
Road
Ove
r an
d U
nder
Brid
ges.
-Fo
r m
anni
ng o
fun
man
ned
leve
lcr
ossin
g, g
ated
/lifti
ngba
rrie
rs h
ave
to b
eer
ecte
d an
d du
ty h
uts/
gate
lodg
es co
nstru
c-te
d fo
r ga
teke
eper
s.Q
uali
fied
/sui
tabl
ew
illin
g ga
te k
eepe
rsar
e to
be se
lect
ed a
ndpo
sted
at t
he g
ates
.-
Layi
ng o
f ca
ble
betw
een
stat
ion/
leve
lcr
ossi
ng lo
catio
n fo
rco
nnec
ting
signa
lling
syst
em &
tele
phon
es.
Con
stru
ctio
n o
f R
oad
Ove
r/Und
er br
idge
s is t
hejo
int w
ork o
f Rai
lway
and
Stat
e G
over
nmen
t/Loc
alB
odie
s an
d so
met
ime
wor
k is
del
ayed
due
to
cont
ract
ual
prob
lem
s,no
n av
aila
bilit
y of
land
,St
ate/
loca
l bo
dies
not
star
ting
the w
ork
in ti
me
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ach-
men
ts/
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entir
e ou
tlay
of `
1059
.56
cror
eha
s bee
n re
leas
ed.
The
fo
llow
ing
outp
ut h
as b
een
achi
eved
:-
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ning
at
1258
loca
tions
.-
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ng B
arri
erat
117
loca
tions
.-
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ic
infr
a-st
ruct
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at 9
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catio
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ompl
e-te
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rloc
king
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tions
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phon
es a
t65
0 lo
catio
ns.
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onst
ruct
ion
of65
3 su
bway
s com
-pl
eted
.-
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stru
ctio
n of
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d O
ver/
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er
brid
ges
com
plet
ed in
clud
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g ap
proa
ches
done
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Stat
eG
over
nmen
t.
Rev
iew
of P
ast P
erfo
rman
ceST
ATU
S O
F O
UT
CO
ME
WIT
H R
EFE
RE
NC
E T
O O
UT
LAY
S 20
11-1
2
S. No. 1
1040
.63
1059
.56
1.
7 Department of Economic Affairs
Maj
or H
ead
5475
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ssis
tanc
e fo
rIn
fras
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elop
men
tPu
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hip
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astr
uctu
re
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or H
ead
3475
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eres
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ualis
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ppor
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mB
ank
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dia
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ate
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ners
hip
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) in
the
infr
astr
uctu
re
sect
orth
roug
h pr
ovis
ion
ofV
iabi
lity
Gap
Fun
ding
(VG
F).
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obje
ctiv
e is
to p
roje
ctIn
dia’
s stra
tegi
c eco
nom
icin
tere
sts
abro
ad a
nd t
ode
velo
p lo
ng s
tand
ing
econ
omic
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atio
nshi
p.T
he s
chem
e in
ter-
alia
,pr
ovid
es
inte
rest
equa
lisat
ion
supp
ort
toEx
im B
ank
of I
ndia
for
GO
I su
ppor
ted
Line
s of
cred
it.
84 p
ropo
sals
und
er th
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hem
e w
ere
give
n 'in
prin
cipl
e' ap
prov
al b
yth
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pow
ered
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ti-tu
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osur
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s bee
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osal
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t of w
hich
14 p
ropo
sals
hav
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enaw
arde
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mw
here
no V
GF
wou
ld be
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ired.
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rest
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aliz
atio
nsu
ppor
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xim
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a is g
iven
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OI i
nre
spec
t of
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Isu
ppor
ted
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Ban
k of
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a Li
nes
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redi
tex
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owth
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an ex
ports
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-m
ent
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trat
egic
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omic
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atio
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ith
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urki
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aso,
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bodi
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d,C
ongo
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ote
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voire
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jibou
ti, e
tc.
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e is a
tim
e lag
betw
een
'inpr
inci
ple'
appr
oval
and
final
dis
burs
e-m
ent a
nd n
orm
ally
it ta
kes
12 t
o 18
mon
ths
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proc
ess o
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ding
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nanc
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losu
reaf
ter
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ng i
n -
prin
cipl
e ap
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ropo
sal.
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prov
isio
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asto
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sed
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arch
, 201
2.
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burs
emen
t of f
und
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ace
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rco
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t of
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truc
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ect,
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ecte
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h co
mpe
titiv
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ddin
g pr
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ests
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are o
f equ
ity.
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he r
epay
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t is
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ulte
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ay th
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redi
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BE
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11-1
2 of
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asfr
amed
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s of
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E 2
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owev
er t
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quire
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t of V
GF
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nt o
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im B
ank
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dia
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499.
3730
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n)(P
lan)
139.
6913
9.00
2. 3.
23
44(
i)4(
ii)BE
RE
56
78
1
Outcome Budget 2013-2014 8
Maj
or H
ead
3605
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hnic
al a
ndE
cono
mic
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pera
tion
with
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r co
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nica
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uth
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n;C
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er C
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nica
las
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ance
to
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ombo
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anco
untri
es.
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e is
no
risk
fac
tor
invo
lved
as th
e fun
ds ar
ebe
ing
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ctiv
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entio
ned
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rore
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ncur
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ting
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cial
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ilit
ies
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inin
g of s
tude
nts
from
va
riou
sC
olom
bo
Plan
coun
tries
.
3.00
1.10
4.
23
44(
i)4(
ii)BE
RE
56
78
1
9 Department of Economic Affairs
STAT
US
OF
OU
TC
OM
E W
ITH
RE
FER
EN
CE
TO
OU
TL
AYS
2012
-13
Nam
e of
the
Sche
me/
Prog
ram
me
2
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or H
ead
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ontr
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lway
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son
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piri
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igh
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lan)
Obj
ectiv
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me
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er th
is S
chem
e mon
eyun
der C
entra
l Roa
d Fu
ndis
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r fi
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ing
cons
truct
ion
of ro
ad o
ver/
unde
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ges a
nd ra
ilway
safe
ty w
orks
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nman
ned
rail
way
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ngs
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e sm
ooth
and
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epa
ssag
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traf
fic.
Out
lay
2012
-13
(` In
Cro
re)
44(
i)4(
ii)4(
iii)
BER
EC
EB
R
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ntifi
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rget
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t 30
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nstru
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te-
keep
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e gat
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atio
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men
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us a
s on
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8
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he
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onstr
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f Pas
t Per
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or H
ead
5475
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nce
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nIn
fras
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n)
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ublic
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ate
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ersh
ip (
PPP)
in
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astr
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sect
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ovis
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iabi
lity
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prop
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Insti
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n.Fi
nanc
ial c
losu
re h
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eved
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ropo
sals
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4 pr
opos
als
have
be
en
awar
ded
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ium
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re
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GF
wou
ld b
e re
quire
d.
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e is
a t
ime
lag
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een
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rinci
ple'
appr
oval
and
fin
aldi
sbur
sem
ent
and
norm
ally
it ta
kes 1
2 to
18 m
onth
s fr
om t
hepr
oces
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bid
ding
tofin
anci
al cl
osur
e afte
rgi
ving
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pri
ncip
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al
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opos
al.
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burs
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t of
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tak
es pl
ace
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ter
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men
cem
ent
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onst
ruct
ion
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ork
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hepr
ojec
t an
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ivat
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rty
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cted
thro
ugh
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pet
itiv
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ddin
g pr
oces
sha
s in
vest
ed i
tssh
are
of e
quity
.
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E
2012
-13
of`
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rore
cro
re
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fram
ed o
n th
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sis
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quir
emen
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ught
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sorin
g Aut
horit
ies a
ndth
e bal
ance
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F re
mai
ning
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sbur
sed
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oved
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ject
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ill
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r,
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an
amou
nt o
f `3
51.6
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road
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s tot
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2K
m a
nd 1
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m o
f Pow
erTr
ansm
issio
n lin
e.
2.
23
56
78
1
11 Department of Economic Affairs
4(i)
4(ii)
4(iii
)BE
RE
CE
BR
437.
5543
7.55
...(P
lan)
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n)
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ualis
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nsu
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t to
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mB
ank
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dia
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n)
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or H
ead
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hnic
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ndE
cono
mic
Coo
pera
tion
with
othe
r co
untr
ies,
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nica
l aid
toSo
uth
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t Asi
aun
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ombo
Pla
n.C
ontr
ibut
ion
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obje
ctiv
e is t
o pr
ojec
tIn
dia’
s stra
tegi
c eco
nom
icin
tere
sts
abro
ad a
nd t
ode
velo
p lo
ng s
tand
ing
econ
omic
rel
atio
nshi
p.T
he s
chem
e in
ter-
alia
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ovid
es i
nter
est
equa
li-sa
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xim
Ban
k of
Ind
ia f
or G
OI
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orte
d Li
nes o
f cre
dit.
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ide
tech
nica
l ai
d to
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tries
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er C
olom
boPl
an, b
y pro
vidi
ng su
ppor
tto
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uman
R
esou
rce
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elop
men
t, t
hrou
ghco
urse
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nduc
ted
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dian
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tute
s.
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rest
eq
uali
zati
onsu
ppor
t to
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m B
ank
ofIn
dia
has
to b
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ven
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OI i
n re
spec
t of t
he G
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orte
d Ex
im B
ank
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dia
Lin
es o
f C
redi
tex
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or g
row
th o
fIn
dian
exp
orts
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velo
p-m
ent
of s
trat
egic
and
econ
omic
rela
tions
hip
with
coun
trie
s li
ke A
ngol
a,Bu
rkin
a Fa
so, C
ambo
dia,
Cha
d, C
ongo
, C
ote
d’Iv
oire
, Djib
outi,
etc
.
Hum
an R
esou
rce D
evel
op-
men
t th
roug
h te
chni
cal
educ
atio
n to
410
stu
dent
sev
ery
year
fro
m C
olom
boPl
an co
untri
es.
The p
rovi
sion
is to
be
util
ised
upt
o 31
stM
arch
, 201
3.
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elop
men
t of l
ong
stan
ding
eco
nom
icre
latio
nshi
p th
roug
hco
ntin
ued
tech
nica
las
sist
ance
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trie
s li
keA
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nista
n, B
angl
a-de
sh,
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tan,
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done
sia,
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an,
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ea,
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aysi
a,L
aos,
N
epal
,M
aldi
ves,
Man
golia
,M
yanm
ar,
Srila
nka,
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a N
ew G
uine
a,T
hail
and
and
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nam
.
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he r
epay
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t is
defa
ulte
d by t
he re
cipi
ent
coun
try, G
OI w
ill h
ave t
ore
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nt t
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IM B
ank
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ount
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guar
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I ha
vebe
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iven
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IMB
ank
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it.
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e is
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fac
tor
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lved
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e fun
ds ar
ebe
ing
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ized
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the
obje
ctiv
e m
entio
ned
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ol.3
.
` 14
5.97
cr
ore
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n pa
id to
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m
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k of
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a as
int
eres
teq
ua
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nsu
ppor
t du
ring
2012
- 13
upto
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ecem
ber,
12.
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k rel
ated
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eC
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lan
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sfer
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.e.f
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il,20
10. `
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has
been
incu
rred
duri
ng 2
012-
13up
to D
ecem
ber,
2012
for
mee
ting
the
bala
nce
finan
cial
liab
ilitie
son
stu
dent
s fr
omva
riou
s C
olom
bopl
an co
untri
es w
hoha
d un
derg
one
trai
ning
in
diffe
rent
Inst
itute
sin
In
dia
upto
2009
-10.
3. 4.
23
44(
i)4(
ii)4(
iii)
BER
EC
EB
R
225.
0029
0.00
...
1.00
1.62
...
56
78
1
Outcome Budget 2013-2014 12
SUM
MA
RIZ
ED
PO
SIT
ION
OF
SC
HE
ME
S U
ND
ER
DE
MA
ND
NO
. 33
– D
EP
AR
TM
EN
T O
F E
CO
NO
MIC
AF
FA
IRS
(` in
Cro
re)
2011
- 20
1220
12 -
2013
2013
-201
4S.
No
Sche
me
BE
RE
Act
ual
BE
RE
Act
uals
BE
Up-
toD
ec. 1
2*
1.Pu
blic
Pri
vate
Par
tner
ship
(PPP
) In
infr
astr
uctu
re, P
rovi
sion
of
Via
bilit
y G
ap F
undi
ng (
VG
F) (M
H 5
475)
– P
lan
499.
3730
0.00
300.
0043
7.55
437.
5535
1.65
678.
00
2.C
ontr
ibut
ion
for R
ailw
ay S
afet
y W
orks
aga
inst
add
ition
al le
vies
on
mot
or s
piri
t and
hig
h sp
eed
dies
el a
nd; (
MH
305
4) -
Plan
1040
.63
1059
.56
1059
.56
1102
.45
1102
.45
551.
2211
02.4
5
3.In
tere
st E
qual
isat
ion
Supp
ort t
o E
XIM
Ban
k of
Indi
a(M
H 3
475)
Non
-Pla
n13
9.69
139.
0013
9.48
225.
0029
0.00
145.
9741
6.50
4.T
echn
ical
Eco
nom
ic C
oope
rati
on w
ith o
ther
Cou
ntri
es -
Tec
hnic
al a
id to
Sou
th &
Sou
th E
ast A
sia
unde
r Col
ombo
Plan
(MH
360
5) N
on-P
lan
3.00
1.10
1.70
1.00
1.62
0.26
0.50
Tot
al16
82.6
914
99.6
615
00.7
417
66.0
018
31.6
210
49.1
021
97.4
5
* P
rovi
sion
al
13 Department of Economic Affairs
MA
JOR
HE
AD
WIS
E A
CT
UA
L E
XP
EN
DIT
UR
E V
IS-À
-VIS
BE
/RE
PR
OV
ISIO
NS
FO
R T
HE
YE
AR
S 20
10-1
1, 2
011-
12 A
ND
201
2-13
` in
cro
re
2010
-11
2011
-12
2012
-13
Des
crip
tion
Maj
orB
.E.
R.E
.A
ctua
lB
.E.
R.E
.A
ctua
lB
.E.
R.E
.A
ctua
lsH
ead
upto
Dec
, 201
2 1
23
45
67
89
1011
PA
RT
- A
NO
N-P
LA
N IT
EM
SSe
cret
aria
t-G
ener
al S
ervi
ces
2052
70.3
779
.30
71.3
784
.71
76.6
875
.80
81.0
388
.23
60.6
7O
ther
Fis
cal S
ervi
ces
Nat
iona
l Sav
ings
Inst
itute
2047
11.4
812
.25
11.2
112
.40
12.4
513
.61
12.9
412
.41
10.1
5In
tere
sts
on d
epos
its
unde
rC
ompu
lsor
y D
epos
its (I
ncom
eT
ax P
ayer
s Sc
hem
e, 1
974)
2047
0.10
0.05
0.00
0.03
0.03
0.01
0.05
0.03
0.01
Oth
er E
xpen
ditu
re20
470.
210.
210.
200.
230.
240.
470.
210.
200.
03T
otal
2047
11.7
912
.51
11.4
112
.66
12.7
214
.09
13.2
012
.64
10.1
9O
ther
Adm
inst
rati
ve S
ervi
ces
14th
Fin
ance
Com
mis
sion
2070
0.00
0.00
0.00
0.00
0.00
0.00
3.00
6.34
0.04
Fina
ncia
l Sec
tor L
egis
lativ
eR
efor
ms
Com
mis
sion
(FSL
RC
)20
700.
000.
000.
001.
004.
404.
215.
104.
861.
50O
ther
Exp
endi
ture
(SA
T)
2070
3.72
3.88
3.28
3.28
3.87
3.24
4.05
5.57
1.46
Tot
al20
703.
723.
883.
284.
288.
277.
4512
.15
16.7
73.
00M
isce
llane
ous G
ener
al S
ervi
ces
Gua
rant
ee R
edem
ptio
n Fu
nd20
7530
0.00
300.
0030
0.00
300.
0030
0.00
300.
0030
0.00
300.
0020
0.00
Oth
er P
rogr
amm
es20
750.
030.
010.
010.
010.
010.
000.
010.
010.
01T
otal
2075
300.
0330
0.01
300.
0130
0.01
300.
0130
0.00
300.
0130
0.01
200.
01G
ener
al E
duca
tion
Soci
al S
ecur
ity
and
Wel
fare
Prot
ecte
d Sa
ving
s Sc
hem
es(o
ther
cha
rges
)22
350.
100.
140.
030.
140.
050.
000.
100.
050.
00T
otal
2235
0.10
0.14
0.03
0.14
0.05
0.00
0.10
0.05
0.00
Inte
rnat
iona
l Fun
d fo
r Agr
icul
tura
lD
evel
opm
ent
[IFA
D]
2416
40.0
035
.52
35.5
240
.00
39.7
639
.76
50.0
054
.00
0.00
Tot
al24
1640
.00
35.5
235
.52
40.0
039
.76
39.7
650
.00
54.0
00.
00O
ther
Tra
nspo
rt S
ervi
ces
Subs
idy
to R
ailw
ays
tow
ards
div
iden
dre
lief
s an
d ot
her c
once
ssio
ns30
7528
29.8
821
90.8
720
13.2
730
22.6
125
98.2
620
34.3
730
03.8
923
84.2
310
01.2
7
Outcome Budget 2013-2014 14
Los
sses
on
Stra
tegi
c R
ailw
ay L
ines
3075
600.
0064
8.97
634.
3865
7.92
652.
0065
2.00
600.
0063
7.00
200.
00T
otal
3075
3429
.88
2839
.84
2647
.65
3680
.53
3250
.26
2686
.37
3603
.89
3021
.23
1201
.27
Inte
rnat
iona
l Fin
anci
al I
nsti
tuti
ons
Ass
esm
ent C
harg
es p
ayab
le to
Inte
rnat
iona
l Mon
etar
y Fu
nd34
662.
190.
220.
000.
230.
390.
380.
420.
380.
38A
fgha
nist
an R
econ
stru
ctio
n T
rust
Fun
d34
661.
000.
930.
930.
000.
000.
000.
000.
000.
00W
orld
Ban
k PP
A34
6612
.50
6.00
8.09
7.50
1.87
1.78
0.01
0.00
0.00
Sout
h E
xper
ienc
e E
xcha
nge
Tru
st F
und
(SE
ET
F)34
660.
002.
400.
000.
000.
000.
000.
000.
000.
00T
otal
3466
15.6
99.
559.
027.
732.
262.
160.
430.
380.
38O
ther
Gen
eral
Eco
nom
ic S
ervi
ces
Inte
rnat
iona
l Coo
pera
tion
3475
9.23
19.3
318
.64
19.3
320
.73
19.9
120
.55
21.2
30.
22O
ther
cha
rges
/IE
S/E
mba
ssy
of In
dia,
Tok
yo, B
eiji
ng a
nd W
ashi
ngto
n34
7511
.61
16.5
813
.22
20.2
517
.92
15.9
419
.80
18.6
915
.36
Gra
nt-i
n-ai
d-G
ener
al to
oth
er in
stitu
tion
s34
752.
602.
772.
752.
9322
.93
22.9
03.
2328
.22
1.71
Cus
tom
and
Im
port
Dut
ies
on N
on-I
ndia
npe
rson
nel i
n U
N a
genc
ies
3475
0.03
0.01
0.00
0.03
0.03
0.00
0.03
0.02
0.00
Exc
hang
e lo
ss u
nder
NR
I Bon
ds34
750.
500.
502.
850.
500.
500.
000.
500.
000.
00In
tere
st e
qual
isat
ion
supp
ort t
oE
XIM
Ban
k34
7513
0.00
127.
7712
7.70
139.
6913
9.00
139.
4822
5.00
290.
0014
5.97
Wai
ver o
ff o
utst
andi
ng d
ues
inre
spec
t of
line
of c
redi
t ext
ende
dto
Gov
ernm
ent o
f Yem
en34
750.
000.
000.
000.
000.
000.
000.
002.
070.
00W
aive
r of o
utst
andi
ng d
ues
and
inte
rest
/pen
al in
tere
st o
n lo
ans
outs
tand
ing
agai
nst t
he li
ne o
fcr
edit
exte
nded
in 1
995
toG
over
nmen
t of T
urkm
enis
tan
3475
0.00
24.5
024
.44
0.00
0.00
0.00
0.00
0.00
0.00
Wai
ver o
f out
stan
ding
loan
and
inte
rest
on
loan
s to
Rep
ublic
of S
eych
elle
s34
750.
000.
000.
0018
.00
6.22
6.24
3.53
3.56
1.79
Wai
ver o
f out
stan
ding
due
s an
din
tere
st/p
enal
inte
rest
on
loan
sou
tsta
ndin
g ag
ains
t the
line
of
cred
it ex
tend
ed in
199
3 to
Gov
ernm
ent o
f Kaz
akhs
tan
3475
0.00
0.00
0.00
0.00
34.9
134
.91
0.00
0.00
0.00
12
34
56
78
910
11
15 Department of Economic Affairs
Wai
ver o
f out
stan
ding
due
s an
din
tere
st/p
enal
inte
rest
on
loan
sou
tsta
ndin
g ag
ains
t the
line
of
cred
it ex
tend
ed in
199
4 to
Gov
ernm
ent o
f Uzb
ekis
tan
3475
0.00
0.00
0.00
0.00
0.40
0.39
0.00
0.00
0.00
Tot
al34
7515
3.97
191.
4618
9.60
200.
7324
2.64
239.
7727
2.64
363.
7916
5.05
Tec
hnic
al a
nd E
cono
mic
coo
pera
tion
wit
h ot
her
coun
trie
sC
ontr
ibut
ion
to U
ND
P36
0522
.55
21.5
921
.55
22.5
521
.21
21.2
022
.55
24.7
20.
00C
oope
ratio
n w
ith o
ther
cou
ntri
es36
0519
.52
18.5
85.
9214
.06
12.6
71.
761.
071.
680.
26G
loba
l Eno
viro
nmen
t Fac
ility
(GE
F)36
050.
000.
0010
.10
0.00
0.00
11.7
511
.00
12.5
412
.54
46th
AG
M o
f A
DB
3605
0.00
0.00
0.00
0.00
0.15
0.07
8.38
16.0
00.
59T
otal
3605
42.0
740
.17
37.5
736
.61
34.0
334
.78
43.0
054
.94
13.3
9C
apit
al O
utla
y of
Cur
renc
y,C
oina
ge a
nd M
ints
Purc
hase
of
Coi
ns fr
om S
PMC
IL40
4610
63.2
018
52.0
014
63.4
215
84.8
012
25.0
012
25.0
016
45.3
510
00.0
048
4.70
Cap
ital
Out
lay
on M
isce
llane
ous
Gen
eral
Ser
vice
sPu
rcha
se o
f M
achi
nes
for B
udge
t Pre
ss40
753.
002.
502.
171.
501.
471.
443.
003.
910.
00In
vest
men
t in
Gen
eral
Fin
anci
al a
ndT
radi
ng In
stitu
tions
Nat
iona
l Fin
anci
al H
oldi
ngs C
omp
any
Lim
ited
5465
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.00
0.00
Secu
rity
Pri
ntin
g an
d M
inti
ngC
orpo
ratio
n of
Indi
a L
imit
ed(S
PMC
IL)
5465
0.00
0.00
0.00
400.
000.
000.
0040
0.00
0.00
0.00
Nat
iona
l Ski
ll D
evel
opm
ent
Cor
pora
tion(
NSD
C)
5465
0.00
0.00
0.00
0.00
501.
9050
1.90
0.00
0.00
0.00
Tot
al54
650.
000.
000.
0040
0.00
501.
9050
1.90
400.
001.
000.
00In
vest
men
t in
Inte
rnat
iona
lF
inan
cial
Inst
itut
ions
Subc
ript
ion
to th
e IB
RD
5466
0.00
0.00
0.00
183.
6518
3.65
206.
1118
3.65
205.
040.
00Su
bscr
iptio
n to
Inte
rnat
iona
lD
evel
opm
ent A
ssoc
iatio
n54
660.
010.
010.
000.
019.
179.
180.
000.
000.
00Su
bscr
iptio
n to
Asi
an D
evel
opm
ent B
ank
5466
216.
1919
9.85
199.
8519
9.85
205.
5220
5.52
205.
5323
4.95
234.
95Su
bscr
iptio
n to
Afr
ican
Dev
elop
men
t Fun
d54
6614
.93
37.3
737
.36
22.1
222
.12
22.1
122
.21
22.1
10.
00
12
34
56
78
910
11
Outcome Budget 2013-2014 16
Paym
ent o
f Mul
tilat
eral
Deb
tR
elie
f Ini
tati
ve o
f Afr
ican
Dev
elop
men
t Fun
d54
660.
000.
000.
001.
831.
831.
832.
132.
110.
00Su
bscr
ipti
on to
Afr
ican
Dev
elop
men
t Ban
k54
660.
015.
215.
035.
210.
010.
005.
355.
855.
89Su
bscr
iptio
n to
Inte
rnat
iona
lM
onet
ary
Fund
[In
Secu
riti
es]
5466
0.01
0.00
6243
.43
1172
9.41
0.00
2444
.53
4200
0.00
0.00
0.00
Subs
crip
tion
to In
tern
atio
nal
Mon
etar
y Fu
nd [I
n C
ash]
5466
0.00
0.00
0.00
0.00
0.00
0.00
1400
0.00
0.00
0.00
Mai
nten
ance
of V
alue
[MO
V] O
blig
atio
n54
660.
010.
000.
000.
0116
09.7
916
09.7
80.
0140
05.4
440
05.4
4In
dia'
s C
ontr
ibut
ion
to w
ards
lend
ing
reso
urce
s of
IMF
5466
63.6
763
.67
2.85
50.0
025
.00
0.00
50.0
02.
160.
00T
otal
5466
294.
8330
6.11
6488
.52
1219
2.09
2057
.09
4499
.06
5646
8.88
4477
.66
4246
.28
Cap
ital
Out
lay
on O
ther
Gen
eral
Eco
nom
ic S
ervi
ces
Act
iviti
es fo
r mai
nstr
eam
ing
PPPs
5475
2.10
1.12
0.83
0.80
2.67
1.70
1.30
1.17
0.32
Indi
a In
fras
truc
ture
Pro
ject
Dev
elop
men
t Fun
d (I
IPD
F)54
757.
007.
006.
755.
009.
007.
005.
004.
500.
43T
otal
5475
9.10
8.12
7.58
5.80
11.6
78.
706.
305.
670.
75L
oans
for O
ther
Eco
nom
ic S
ervi
ces
Loa
ns to
IMF
unde
r N
ewA
rran
gem
ents
to B
orro
w (N
AB
)74
750.
000.
000.
000.
0090
03.0
472
69.5
80.
0011
294.
600.
00T
otal
7475
0.00
0.00
0.00
0.00
9003
.04
7269
.58
0.00
1129
4.60
0.00
Adv
ance
s to
For
eign
Gov
ernm
ent
Srila
nka
7605
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tot
al N
on-P
lan
5437
.76
5681
.11
1126
7.15
1855
1.59
1676
6.85
1690
5.86
6289
9.98
2069
4.88
6385
.69
PA
RT
- B
PL
AN
IT
EM
SN
atio
nal S
ocia
l Sec
urity
Fun
d fo
rU
norg
anis
ed S
ecto
r wor
kers
2235
1000
.00
1000
.00
1000
.00
500.
0050
0.00
500.
0010
00.0
012
0.00
0.00
New
and
Ren
ewab
le E
nerg
y28
100.
000.
000.
000.
0010
66.4
610
66.4
615
00.0
015
00.0
075
0.00
Roa
ds a
nd B
ridg
es30
5417
53.4
618
65.6
218
65.6
220
81.2
621
19.1
221
19.1
222
04.9
022
04.9
011
02.4
4A
ssis
tanc
e fo
r inf
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56
78
910
11
17 Department of Economic Affairs
OB
JEC
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59.5
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51.7
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0.43
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8.18
8.41
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8.14
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& T
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3.45
4.19
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5.20
3.61
2.22
4.30
5.18
3.78
5.80
8.45
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rant
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eral
2.61
2.79
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2.95
22.9
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Outcome Budget 2013-2014 18
12
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56
78
910
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otor
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icle
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100.
090.
120.
110.
110.
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1176
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adv
ance
0.01
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9003
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ther
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8844
74.6
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5613
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1713
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0817
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3950
83.3
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8671
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2163
2.22
2075
2.43
2089
1.44
6804
2.43
2495
7.33
8589
.78
19 Department of Economic Affairs
NON-PLANMH-2052 - Secretariat General Services
The provision under this head is kept for the Secretariatexpenditure of the Department of Economic Affairs, G-20Secretariat and Directorate of Currency. During 2010-11 the REhas been increased for the newly created Directorate of Currency.At RE 2011-12 the decrease is due to non filling up of posts forthe G-20 Secretariat as well as for the Directorate of Currency.RE 2012-13 has been enhanced to provide for increasedrequirement on account of salaries ,Other Administrative expensesfor organising various conferences including the Delhi EconomicConclave and also payment for Professional services. The flowof expenditure up to December, 2012 is satisfactory.MH-2047 - Other Fiscal Services
The provision under this head is for expenditure of NationalSavings Institute with its network of regional offices. It alsoincludes provision in respect of interests on deposits underCompulsory Deposits (Income Tax Payers) Scheme, 1974; Rentalcost of IMF Residents office and Indias' contribution toInternational Saving Bank Institutions. The flow of expenditureup to December, 2012 is satisfactory.MH-2070 - Other Administrative Services
The provision under this head is for expenditure ofInvestment Commission, 14th Finance Commission, SecurityAppellate Tribunal (SAT) and Financial Sector LegislativeReforms Commission (FSLRC). The decrease in expenditure in2010-11 is due to winding up of 13th Finance Commission inJanuary, 2010 as well as due to winding up of InvestmentCommission. The increase in 2011-12 is due to provision for thenewly created FSLRC. There is an increase at BE 2012-13 toprovide for the Advance Cell of the 14th Finance Commission.BE 2012 -13 has been enhanced at RE 2012-13 to provide forrental charges etc. for the 14th Finance Commission subsequentto its constitution as also revision of rent and payment of rentand arrears in respect of SAT.MH-2075 - Miscellaneous General Services
The provision is for interest payments on Central Securitiesin time barred cases and payment in connection with unclaimedsecurities credited to Government accounts. A provision of`300.00 crore is kept for transfer to the Guarantee RedemptionFund.MH-2235 - Social Security & Welfare
The provision has been kept for Protected Savings Schemes.MH-2416 - Agriculture Financial Institutions
International Fund for Agricultural Development (IFAD):India is one of the founder members of International Fund forAgricultural Development (IFAD) and has so far contributed US$ 114 million to IFAD resources till the 8th Replenishment. Since1979, IFAD has assisted in 25 projects in the agriculture, ruraldevelopment, tribal development, women's empowerment, naturalresources' management and rural finance sector with thecommitment of US$ 797.3 million (approx.). Out of these, 15projects have already been closed. Presently, ten projects with atotal assistance of US$ 378.8 million are under implementation.For the 9th Replenishment, India has committed to contribute
ANALYSIS OF EXPENDITURE DURING 2010-11, 2011-12 AND 2012-13
US$ 30 million. The payment is to be made in three instalmentsof US$ 10 million in 2012-13, 2013-14 and 2014-15. India hascontributed US$ 10 million as 1st instalment of the 9thReplenishment towards IFAD resources in December 2012.TheBE 2012-13 provision of 50.00 crore was enhanced to `54.00crore on account of exchange rate fluctuation. India has beenallocated US$ 133 million for Performance Based AllocationSystem (PBAS) Cycle 2013-15 for projects under areas ofoperation of IFAD.MH - 3075: Other Transport Services (Subsidy to Railways
towards Dividend Reliefs & Other Concessions)Subsidy to Railways for Dividend Relief and other
concession is based on the dividend paid by the Ministry ofRailways, to the General Revenues, on the entire capital(excluding dividend free capital) invested on Railways from theGeneral Revenues. The rate of dividend for 2011-2012, payableby Railways to General Revenues, was reduced from 6% to 5%vide recommendation no.77 contained in Second Report ofRailway Convention Committee (2009) on 'Rate of Dividend for2011-2012 and other ancillary matters'. The subsidy providedtowards dividend relief and other concessions is also dependenton capital work in progress. Similarly the reimbursement of losseson operating 'strategic' lines is dependent on the working expensesof the Railways on operating such lines. As such, there arevariations in the actual expenditure vis-à-vis the provisions made.MH - 3466 - International Financial Institutions
The provision is for annual Assessment charges payable toInternational Monetary Fund, Afghanistan Reconstruction TrustFund (ARTF), World Bank Technical assistance loan andcontribution to South South Experience Exchange Trust Fund(SEETF). At RE 2010-11 and at RE 2011-12 the provision forthe World Bank TA Loan was reduced due to less requirement. Atoken Supplementary was obtained in the first batch 2010-11 formaking a one-time payment of US $ 500,000 as Indias'contribution to World Bank South - South Experience ExchangeTrust Fund (SEETF).During 2010-11 a token Supplementary wasalso obtained for contribution towards Cultural Heritage andSustainable Tourism Trust Fund (CHSTTF).MH - 3475 - Other General Economic Services
The provision under this Head includes contribution toCommonwealth Fund for Technical Cooperation (CFTC) andother international organisations , Economic Wing of the Embassyof India at Washington, Tokyo and Beijing, Training of IndianEconomic Service Officers, India Trust Fund in ADB , ExchangeVariation and Grants-in-Aid to Other Institutions and provisionfor Interest Equalization support to EXIM Bank. The provisionfor Interest Equalization support to EXIM Bank of 130.00 croreat BE 2010-11 was reduced to 127.77 crore at RE 2010-11 dueto less claims received. The provision for BE 2011-12 and2012-13 is `139.69 crore and `225.00 crore respectively. Theactual expenditure during 2010-11 and 2011-12 is 127.70 croreand `139.48 crore respectively. The provision of `225.00 crorewas enhances at RE2012-13 stage to `290.00 crore due toincrease of LIBOR rate from 0.5%to 0.64% ,upward exchangerate fluctuation and also due to approval of new Lines of Credit(LOCs).There is an overall increase under the Major Head at RE
Outcome Budget 2013-2014 20
2010-11 due to the newly created Economic and CommercialWing of the Embassy of India, Beijing; enhanced expenditureon training of Indian Economic Service Officers; contribution (`10.00 crore) towards technical cooperation with AfricanDevelopment Bank;Voluntary membership contribution of Euro15000 (`0.10 crore) to FATF for the year 2010; and waiver ofoutstanding dues , interest & penal interest ( 24.50 crore) againstthe concessional Line of Credit extended to Government ofTurkmenistan by GOI. There is an enhancement of the BE2011-12 provision at the RE 2011-12 stage on account of waiverof outstanding dues/interest against LOC extended to Governmentof Kazakhstan (`34.92 crore) & Uzbekistan (`0.40 crore); grantsin aid to the Madras School of Economics and the Delhi Schoolof Economics in implementation of one of the Budget (2011-12)announcements; contribution to Eurasian Group on CombatingMoney Laundering and Terrorism Financing (EAG) and upwardexchange rate fluctuation in respect of contribution to CFTC.BE 2012-13 has been enhanced at RE 2012-13 to provide forWaiver of outstanding dues (`2.07 crore) in respect of Line ofcredit extended to Government of Yemen in 1981; providingGrant in aid to National Council for Applied Economic Research(`15.00 crore) and Rajiv Gandhi University, Deptt of Economics,Itanagar (`10.00 crore);MH-3605 - Technical & Economic Cooperation with Other
CountriesThe provision under this Head includes contribution to
United Nations Development Programme (UNDP), GlobalEnvironment Facility (GEF) Technical Aid under Colombo Planand for Development Assistance. A provision (`0.15 crore) hadbeen kept under BE 2011-12 for the 46th Annual General Meeting(AGM) of the Board of Governors of the Asian DevelopmentBank which is scheduled to be held in Delhi in May,2013 forinitial preparatory expenses. The provisions for the 46th AGMhave been increased at BE and RE 2012-13 stage. The schemerelating to Technical Aid to South and South-East Asia under theColombo Plan has been transferred to the Ministry of ExternalAffairs w.e.f April, 2010. However, provisions have been kept in2011-12 and 2012-13 for settlement of pending bills relating totraining of students from various Colombo Plan countries up-to2009-10. There is an increase in the BE 2012-13 provision keptfor contribution to UNDP and GEF at the RE stage on accountof additional requirement due to upward exchange ratefluctuation.MH-4046 - Capital Outlay of Currency, Coinage & Mint
The provision is for purchase of coins from Security Printingand Minting Corporation of India Limited (SPMCIL). BE2010-11 provision of 1063.20 crore was increased to 1852.00crore at RE 2010-11. Out of this 1463.42 crore was spent. Lessexpenditure was incurred as the mark up applied on cost of coinswas reduced to 7.5 % from 10% applied earlier. During 2011-12and 2012-13 the BE provisions have been reduced at RE stagedue to the provisional downward price of coins. There is no cashoutgo under this Head as the entire amount is deducted as recoveryfrom the credit received from Reserve Bank of India on circulationof coins.MH-4075 - Capital Outlay on Miscellaneous General ServicesA provision of `3.00 crore was kept at BE 2010-11 forprocurement of Gathering machine for the Budget Press, whichwas reduced to `2.50 crore at RE 2010-11 as only part payment
was released for purchase of the Gathering machine. A provisionof `1.50 crore was kept in BE 2011-12 for release of balancepayment. A provision of 3.00 crore was kept under BE 2012-13for procurement of a Perfect Binding Machine. The provisionhas been enhanced to `3.91 at the RE 2012-13 stage.MH-5465 - Investment in General Financial and Trading
InstitutionsA provision of `400.00 crore was kept in the Budget
Estimates 2011-12 towards expansion and modernization of Mintsand Presses. It was anticipated that the procedural requirements/formalities would get completed within the Financial Year.However, the exercise could not be completed and the amountwas surrendered at the RE 2011-12 stage. Since the exercise couldnot be completed during 2011-12 provision of `400.00 crorewas kept in BE 2012-13. Subsequently the matter was re-examined and a decision was taken that there was no requirementof providing financial assistance to SPMCIL at this stage nd theBE 2012-13 was surrendered at the RE 2012-13. The provisionfor 2011-12 under this Major Head also included `500.00 croretowards providing additional contribution to the Corpus ofNational Skill Development Fund Technical Assistance and 1.90crore towards Government of India Equity in the National SkillDevelopment Corporation (NSDC), for which a total of 501.90crore obtained in the second batch of Supplementary Demandsfor Grants 2011-12. `1.00 crore has been obtained through thefirst batch of supplementary Demands for grants 2012-13 forGOIs share of paid up capital in the newly created NationalFinancial Holdings Company Limited (NFHCL).MH-5466 - Investment in International Financial Institutions
The provision is for payment of subscription to InternationalBank for Reconstruction and Development (IBRD), InternationalDevelopment Association (IDA), Asian Development Bank(ADB), African Development Bank (AfDB), AfricanDevelopment Fund, subscription to International Monetary Fund(IMF), Maintenance of Value (MoV) Obligation and India'sContribution towards Lending Resources of IMF. During the year2010-11 a supplementary of `11327.15 crore was obtained forIndia's quota increase at International Monetary Fund (IMF).Based on information from the IMF that the IMFs Resolution onQuota Increase might not get ratified within the Financial Year,it was decided to surrender this provision in RE2010-11 andprovide for it in BE 2011-12. The IMFs Quota Resolutionhowever became effective on 3rd March,2011 and India wasrequired to make the payment by 4th April,2011. The paymentwas therefore made in the FY 2010-11 itself and the provisionkept for the purpose, in BE 2011-12 surrendered at RE 2011-12.For 2010-11 a token provision of `0.01 crore was kept forsubscription to IMF for Maintenance of Value (MoV) towardsvaluation adjustment of Indian Rupees receivable by IMF. Thiswas not required to be enhanced as India received payments dueto the movement of SDR exchange rate in favour of the Rupee. Asupplementary of `1609.79 crore and `4005.44 crore wasobtained during 2011-12 and 2012-13 for IMF/MoV. The amounthas been fully utilized. A provision of `183.65 crore has beenkept at BE 2012-13 for investment International Bank forReconstruction and Development (IBRD). The BE provision hasbeen increased to `205.04 crore at RE 2012-13 on account ofupward exchange rate fluctuation. A supplementary of 9.17 crorehas been obtained in 2011-12 for subscription to International
21 Department of Economic Affairs
Development Association (IDA). In BE 2010-11 a provision of`63.67 crore has been kept for Indias contribution towards lendingresources of IMF. This provision is made for transferring theRupee equivalent of SDRs received as interest to the ReserveBank of India (RBI). The actual expenditure of `2.85 crore wasdue to less requirement for making payments towards interest onsecurities under Note Purchase Agreement (NPA).Similarly, theBE 2011-12 and BE 2012-13 provisions have been reduced atRE 2011-12 and RE 2012-13 respectively.
MH-5475 - Capital Outlay on Other General EconomicServicesThe provision is for India Infrastructure Project Development
Fund (IIPDF) and activities for mainstreaming Public PrivatePartnership (PPP) projects. For IIPDF the BE 2011-12 provisionof `5.00 crore has enhanced to `9.00 crore for providingadditional financial support to Jaipur Metro Rail Project andProjects of Delhi Jal Board, Government of Madhya Pradeshand Karnataka. BE 2012-13 provision of `5.00 crore was basedon requirements of funds by the sponsoring authorities. Theprovision has been reduced to 4.50 crore at RE 2012-13. 2.10crore has been provided for activities for mainstreaming PPP inBE 2010-11. The provision of `2.10 crore has been reduced to`1.12 crore due to non approval of consultancy services. BE2011-12 provision of `0.80 crore was increased to `2.67 crorefor additional support for which supplementary was obtained.BE 2012-13 provision of `1.30 crore is for expenditure onmaintenance of data base/pppindia.com, workshop/conferencesand other activities for promoting PPPs. The provision has beenreduced at RE2012-13 to `1.17 crore on account of economy/cut in Non-Plan expenditure.MH-7475: Loans to Other Economic Services
A provision of `9003.04 crore was made at RE 2011-12through supplementary Demands for Grants for providing loansto the International Monetary Fund (IMF) under NewArrangements to Borrow (NAB). Transactions amounting to`7269.58 crore took place during the year under the NAB. During2012-13 a provision of `11294.60 crore has been obtainedthrough supplementary Demands for Grants for NAB.
PLANMH-2235- Social Security and Welfare
As a follow up to the Unorganized Sector Workers SocialSecurity Act, 2008, the National Social Security Fund forUnorganized sector workers has been setup with an initial
allocation of `1000.00 crore at BE 2010-11. For 2011-12 anamount of `500.00 crore was transferred to the Fund. During2012-13 the BE provision of `1000.00 crore has been reducedto `120.00 crore at RE 2012-13.MH-2810- New and Renewable Energy
A provision of `1066.46 crore has been obtained throughthe First supplementary Demand for Grants 2011-12 for initialtransfer to the 'National Clean Energy Fund' to be maintained inthe Public account of India for meeting expenditure to financevarious new projects relating to research in clean energy, etc tobe implemented by different Ministries/departments. A provisionof 1500.00 crore has been kept for 2012-13. 750.00 crore hasbeen transferred to the Fund up-to December, 2012.MH-3054 -Roads & Bridges
The provision is for Railway Safety Work. The cess beinglevied on petrol and diesel is allocated in terms of the CentralRoad Fund Act , 2000 for financing construction of Railway over/under bridges and other safety works. The provision is madestrictly as per requirements from Railways and their share ofcess collections. An equivalent amount is transferred to CentralRoad Reserve Fund as Inter Account transfer. A provision of`876.73 crore was kept during 2010-11. The provision wasenhanced at RE 2010-11 to `932.81 crore on greater demandfrom the Railways. The provision has been fully utilized. During2011-12 a provision of `1040.63 crore was kept. The provisionwas increased to 1059.56 crore at RE 2011-12 and fully utilised.The BE 2012-13 provision is 1102.45 crore. Up-to December,12 an amount of 551.22 crore has been released to the Railways.MH-5475 - Capital Outlay on Other General Economic
ServicesThe provision is for Assistance for Infrastructure
Development-Viability Gap Funding (VGF) for PPP. During2010-11 the provision of `480.26 crore has been reduced to`125.00 crore at RE 2010-11 due to slow closure of financialproposals of the projects granted in principle approval. The REprovision has been fully utilized. A provision of 499.37 crore atBE 2011-12 has been reduced to `300.00 crore at RE 2011-12.The reduction is due to delay in implementation of the MumbaiMetro Line 2 Project where VGF amounting to `200.00 crorewas estimated to be required in 2011-12. However there was norequirement of VGF for this project in 2011-12. The BE 2012-13provision of `437.55 crore has been retained at RE 2012-13.The actual expenditure incurred up-to December, 12 is `351.65crore.
Outcome Budget 2013-2014 22
Development Association (IDA). In BE 2010-11 a provision of`63.67 crore has been kept for Indias contribution towards lendingresources of IMF. This provision is made for transferring theRupee equivalent of SDRs received as interest to the ReserveBank of India (RBI). The actual expenditure of `2.85 crore wasdue to less requirement for making payments towards interest onsecurities under Note Purchase Agreement (NPA).Similarly, theBE 2011-12 and BE 2012-13 provisions have been reduced atRE 2011-12 and RE 2012-13 respectively.
MH-5475 - Capital Outlay on Other General EconomicServicesThe provision is for India Infrastructure Project Development
Fund (IIPDF) and activities for mainstreaming Public PrivatePartnership (PPP) projects. For IIPDF the BE 2011-12 provisionof `5.00 crore has enhanced to `9.00 crore for providingadditional financial support to Jaipur Metro Rail Project andProjects of Delhi Jal Board, Government of Madhya Pradeshand Karnataka. BE 2012-13 provision of `5.00 crore was basedon requirements of funds by the sponsoring authorities. Theprovision has been reduced to 4.50 crore at RE 2012-13. 2.10crore has been provided for activities for mainstreaming PPP inBE 2010-11. The provision of `2.10 crore has been reduced to`1.12 crore due to non approval of consultancy services. BE2011-12 provision of `0.80 crore was increased to `2.67 crorefor additional support for which supplementary was obtained.BE 2012-13 provision of `1.30 crore is for expenditure onmaintenance of data base/pppindia.com, workshop/conferencesand other activities for promoting PPPs. The provision has beenreduced at RE2012-13 to `1.17 crore on account of economy/cut in Non-Plan expenditure.MH-7475: Loans to Other Economic Services
A provision of `9003.04 crore was made at RE 2011-12through supplementary Demands for Grants for providing loansto the International Monetary Fund (IMF) under NewArrangements to Borrow (NAB). Transactions amounting to`7269.58 crore took place during the year under the NAB. During2012-13 a provision of `11294.60 crore has been obtainedthrough supplementary Demands for Grants for NAB.
PLANMH-2235- Social Security and Welfare
As a follow up to the Unorganized Sector Workers SocialSecurity Act, 2008, the National Social Security Fund forUnorganized sector workers has been setup with an initial
allocation of `1000.00 crore at BE 2010-11. For 2011-12 anamount of `500.00 crore was transferred to the Fund. During2012-13 the BE provision of `1000.00 crore has been reducedto `120.00 crore at RE 2012-13.MH-2810- New and Renewable Energy
A provision of `1066.46 crore has been obtained throughthe First supplementary Demand for Grants 2011-12 for initialtransfer to the 'National Clean Energy Fund' to be maintained inthe Public account of India for meeting expenditure to financevarious new projects relating to research in clean energy, etc tobe implemented by different Ministries/departments. A provisionof 1500.00 crore has been kept for 2012-13. 750.00 crore hasbeen transferred to the Fund up-to December, 2012.MH-3054 -Roads & Bridges
The provision is for Railway Safety Work. The cess beinglevied on petrol and diesel is allocated in terms of the CentralRoad Fund Act , 2000 for financing construction of Railway over/under bridges and other safety works. The provision is madestrictly as per requirements from Railways and their share ofcess collections. An equivalent amount is transferred to CentralRoad Reserve Fund as Inter Account transfer. A provision of`876.73 crore was kept during 2010-11. The provision wasenhanced at RE 2010-11 to `932.81 crore on greater demandfrom the Railways. The provision has been fully utilized. During2011-12 a provision of `1040.63 crore was kept. The provisionwas increased to 1059.56 crore at RE 2011-12 and fully utilised.The BE 2012-13 provision is 1102.45 crore. Up-to December,12 an amount of 551.22 crore has been released to the Railways.MH-5475 - Capital Outlay on Other General Economic
ServicesThe provision is for Assistance for Infrastructure
Development-Viability Gap Funding (VGF) for PPP. During2010-11 the provision of `480.26 crore has been reduced to`125.00 crore at RE 2010-11 due to slow closure of financialproposals of the projects granted in principle approval. The REprovision has been fully utilized. A provision of 499.37 crore atBE 2011-12 has been reduced to `300.00 crore at RE 2011-12.The reduction is due to delay in implementation of the MumbaiMetro Line 2 Project where VGF amounting to `200.00 crorewas estimated to be required in 2011-12. However there was norequirement of VGF for this project in 2011-12. The BE 2012-13provision of `437.55 crore has been retained at RE 2012-13.The actual expenditure incurred up-to December, 12 is `351.65crore.
Outcome Budget 2013-2014 22
23 Department of Economic Affairs
Object Head Wise Major Constituents of Grant of DEA 2012-13
Lumpsum Capital0.64%
Others0.22%
Contribution0.15%
Subsidies5.63%
Major Works1.62%
Inter-Account Transfer5.74%
Other Capital Expenses
2.49%
Investment83.51%
Lumpsum Capital Others Contribution
Subsidies Major Works Inter-Account Transfer
Other Capital Expenses Investment
- Investment - The major portion is forpayment to IMF for Indias Quota Increase(`56000.00 cr), Subscription to AsianDevelopment Bank and AfricanDevelopment Fund, Subscription to IBRD -General/Selective Capital Increase -(`205.53 cr) SPMCIL - (`400.00 cr). (Total-`56818.88 cr).- Subsidies - The major part of the subsidygoes to Railways towards Dividend Reliefand Other Concessions and for InterestEqualization Support to Exim Bank (`225.00cr). (Total -`3828.89).- Provision for Major Works is for financingconstruction of Railways over/under bridgesand other Railway Safety Works. (Total -`1102.45 cr).- Inter - Account Trasfer is for transfer offunds to the Central Road Fund, SocialSecurity Fund for Unorganized SectorWorkers, National Clean Energy Fund andGuarantee Redemption Fund. (Total -`3902.45 cr).- Other Capital Expenses is for purchase ofcoins from SPMCIL and payment towardsLending Resources of IMF. (Total - 1695.35cr).- Contribution to various international bodiesand organizations. (Total - `105.35 cr).- Others - Includes Salaries and OtherEstablishment Expenditure. (Total - 151.51cr).- Lumpsum Capital is for promoting PPP ininfrastructure development through ViabilityGap Funding. (Total - `437.55 cr).
Outcome Budget 2013-2014 24STATEMENT ON SURRENDER AND SAVING DURINGTHE FINANCIAL YEAR 2011-12
During the Financial Year 2011-12, the original grant was`21632.22 crore. This was augmented to ` 33874.81 crore byobtaining supplementary grant of 12242.59 crore. Against this,the actual expenditure was `20891.44 crore, resulting in net
savings of `12983.37 crore.2. The savings of `12983.37 crore was the net effect of totalsavings of 13065.56 crore and total excess of 82.19 crore underthe various sub heads of the grant.Major Savings have been categorized into the followingcategories:-
(i) Normal savings due to economical usage of the resources (` in crore)
S. Sub Head/ Scheme/ Savings Remarks/ ReasonsNo. Programme1. Department of Economic Affairs 2.34 Fewer requirements for Salary, Wages, Office Expenses, Travelling
(Secretariat) Allowance and Economy in expenditure.2. Subsidy to Railways towards 988.24 Subsidy to Railways for Dividend Relief is based on the Dividend
Dividend Relief paid by the Railways on Capital invested on Railways from GeneralRevenues. The rate for Dividend for 2011-12 payable by Railwayswas reduced from 6% to 5%. The reduction in rate resulted insavings.
3. Training of IES Officers 0.93 Economizing of cost in organizing various training programmes.4. Contribution to UNDP 1.35 Favorable Exchange rate variation.5. Purchase of Coins form SPMCIL 359.80 Downward cost of coins
(ii) Savings due to non-implementation/ delay in execution of projects/schemes
1. G-20 Secretariat 2.41 Newly created units and did not become fully operational.2. Dte. of Currency 4.16 Saving was due to non-filling up of vacant posts, non-finalization
of office accommodation and economy measures.3. Waiver of Loan to Republic of Seychelles 11.62 The provision was made to make full payment to EXIM Bank in
one go. Subsequently it was decided to make payment as perrepayment schedule spread over 6 years.
4. Economic and Commercial Wing of 3.52 Newly created wing which started functioning in January, 2011.Embassy of India, Beijing All appointments could not be made hence savings.
5. Reimbursement of losses to Railways on 5.92 Reimbursement of Losses on operating strategic lines is dependentoperating strategic Railway line on the working expenses of the Railways on operating such lines.
Savings was due to less amounts required to be reimbursed to theRailways.
6. Budgetary Support/Investment in SPMCIL 400.00 All formalities could not be completed.7. Subscription to African Development Bank 5.21 Payment was not required to be made.8. Assistance for Infrastructure Development – 199.37 Delay in implementation of Mumbai Metro Line 2 Project.
Viability Gap Funding9. India Infrastructure Project Development Fund 2.00 Fewer Requirements.10. Subscription to IMF towards India 9284.88 The provision was kept as it was not certain whether India would
Quota Increase be called upon to make the payment in 2010-11. The paymentwas however made in March, 2011, hence savings in 2011-12
11. India’s Contribution towards Lending 50.00 Provision is for transferring the Rupee equivalent of SDRs receivedResources of IMF as interest to the RBI on Note Purchase Agreement (NPA)/ New
Arrangements to Borrow (NAB). There was no requirement ofpayment towards interest. Hence amount remained unutilized.
12. Loans to IMF under New Arrangements 1733.46 Projections were based on calls and estimates furnished by IMFto Borrow (NAB) and RBI. However, actual calls and drawing by the Fund on India
were lower, leading to savings.
(iii) Surrender/ Savings due to obsolete/ defunct project/ scheme or due to completion of project/ scheme
1. World Bank PPA Project 5.71 Closure of Project.2. Technical Aid to South and South East 1.30 Scheme transferred to MEA in 2010. Provision was for balance
Asia under Colombo Plan payments. Savings due to non-receipt of Bills.
Note :- This annexure is included in compliance of O.M. No. 7(1)-B(AC)/2011 dated 23rd March, 2012 of Budget Division regarding segregationof savings due to normal savings, Under/non – utilization, & surrender of funds for the financial year 2011-12 as desired by the StandingCommittee on Finance in its 33rd Report.
Statutory and Autonomous Bodies under Department ofEconomic Affairs
Securities and Exchange Board of India (SEBI) is the onlyAutonomous Body under the administrative control of theDepartment of Economic Affairs. No Government grant is givento SEBI. Security Printing and Minting Corporation of IndiaLimited (SPMCIL) is a Government owned Corporation, underthe administrative control of the Department of Economic Affairs.The details about this organisation are as under:-Security Printing and Minting Corporation of India Ltd.
Ä Security Printing & Minting Corporation of IndiaLimited (SPMCIL) was incorporated on 13.1.2006 withits headquarters at Jawahar Vyapar Bhawan, New Delhi.Commencement of business was approved w.e.f. 10thFebruary, 2006. This is a wholly owned Public SectorUndertaking of Govt of India under Ministry of Finance,Department of Economic affairs headed by Chairmanand Managing Director. There are three functionaldirectors on the Board in addition to Directorsrepresenting Government and user departments.
Ä SPMCIL was formed after corporatization of all nineMints/Presses/Mill which were earlier working underCurrency and Coins Division of the Department ofEconomic Affairs, Ministry of Finance, Government ofIndia. These units are:India Government Mint, MumbaiIndia Government Mint, KolkataIndia Government Mint, HyderabadIndia Government Mint, NoidaSecurity Printing Press, HyderabadIndia Security Press, NasikCurrency Note Press, NasikBank Note Press, DewasSecurity Paper Mill, Hoshangabad
Ä Provisionally, the company had assets and equivalentliability amounting to `3237 crore. The employeestrength of all the nine units of SPMCIL at present isabout 12800. Client of two currency presses is RBI forcurrency notes. For another two security presses, clientsare State Governments for non judicial stamp papersand allied stamps and Postal Department for postalstationery, stamps etc. Security presses also producevarious security items like cheques for various clientsand passport, visa stickers and other travel documentsfor Ministry of External Affairs. For mints, major workrelates to making coins for RBI and medal productionfor distribution through corporate entities though smallpayments are received from individuals forcommemorative coins etc.
Ä As on 31-3-2012, SPMCIL has an asset base of`5250.05 crores and profit after tax for the above periodis `582.47 crore. The company has paid a dividend of`116.49 crores & dividend distribution tax of`18.90crores during Financial Year 2011-12.
Ä During the current financial year SPMCIL has been ableto meet the indents received from RBI for productionof the currency/bank notes. It has achieved the targetfor minting of coins for Government of India, postal
25 Department of Economic Affairsstationery for Department of Post and printed stamppapers for State and other agencies.
Ä Nine units of SPMCIL are engaged in the production ofsecurity paper, printing of security documents andminting of coins, medals etc. Details of the productionof major products during the current year is as under:
Details of Production for the period from01.04.2012 to 31.12.2012
Sl. Products Production (inNo. million pieces)1. Bank Notes 5253.1282. Coins 4911.363. Post Cards 72.264. Envelopes 45.125. Inland Letter Cards 16.126. Postage Stamps & Indian Postal Orders 37.4997. Adhesive Stamps 11.4258. N.J & Allied Stamps 292.7749. Saving Instruments 31.45610. Non MICR Cheques .78711. MICR Cheques 17.18612. Misc. Security Forms &Court fee stamps 206.45613. Passport & Allied Booklets 3.4414. Stickers/Labels/I.Cards/Seals 2.839
Details of Sales of major products for the period from01.04.2012 to 31.12.2012
Sl. Main Products Sales (` in Crore)No.1. Bank Notes 1017.632. Coins and Medals 1286.703. Other Security Products 433.86
TOTAL 2738.19
The company is setting up of a new Bank Note Paper Lineat Security Paper Mill, Hoshangabad (M.P.) including stockpreparation plant. Varnishing coating machine for bank notescommissioned at Currency Note Press at Nasik
The company has also taken a major step for Indigenizationof currency paper in India by entering into a joint venture withBank Note Paper Mill India Private Limited (BNPMIPL) atMysore. The total cost of the project is about `1200 crore and itis targeted to be completed in the financial year 2014-15.Onimplementation of the project the company will meet its majorpart of the requirement of currency paper indigenously and reducethe import of Bank Note Paper.
During the year the company also implemented R&Dprojects in the field of security paper, security printing and coin
Details of Important projects under implementation/to be undertaken in the year 2013-14
(` in crore)Name of project Sanctioned Scheduled Total Total Likely Output/ Remarks
Cost date of cumulative exp. date of Outcomecompletion exp. till planned completion
beginning duringof the year 2013-14
1 2 3 4 5 6 7 8
Paper mill/pressesOne line of paper 494 30.06.2014 340 100 30.06.2014 6000 MT/ As replacement
mill at SPM, Year of one oldHoshangabad existing line.
Presently underprogress.
Upgradation of paper 67 31.03.2016 - - 31.03.2016machine at SPM,Hoshangabad
New pulp plant (clextral, 58 30.06.2013 50 8 30.06.2013France) at SPM,Hoshangabad
Replacement of old 400 31.03.2016 - 31.03.2016 Replacement ofprinting & finishing two old existingplant & machinery line.at CNP/ BNP.
On line inspection system 25 31.03.2014 - 25 31.03.2014 Upgrading(SOI) at CNP, Nasik currency printing
machine.
Online jogging equipment 10 31.03.2014 - 10 31.03.2014 Upgradingat BNP Dewas currency printing
machine.
J.V. with BRBNMPL for 1200 30.10.2014 200 100 30.10.2014 12000MT/ Production ofsetting new security (SPMCIL Year Paper as importpaper mill share 50%) (SPMCIL substitute in joint
share 50%) venture withBRBNMPL.
6 colour offset sheet fed 30 31.03.2014 - 30 31.03.2014 Replacement ofmachine at ISP, Nasik outlived machine.
Mini finishing machines 12 31.03.2013 12 - 31.03.2013 Modernisation to(counting, banding, reduce manualshrink wrap & labeling handling of cutmachine) at CNP, Nasik notes.
Outcome Budget 2013-2014 26metallurgy and innovative CSR projects undertaken in the fieldof education, health & family welfare, environment and socialdevelopment. Mobile van for health services under rural areasof Maharashtra supported through Indian Red Cross Society wasalso undertaken.
The company is hopeful of meeting RBI indent for printingof circulation notes as well as for minting of coins. There hasbeen a decline in requirement of pass port on account of delay insecurity clearance of E- Passport, postal stationery due to changein communication tools and non judicial papers on account ofintroduction of E- stamping by some State Governments.
SPMCIL has envisaged modernization of security paper mill,capacity enhancement of security paper production,modernization of currency printing units and automation ofvarious activities being carried out in a traditional manner. Thisorganization is currently a profit making organization. In orderto meet strategic initiatives to prevent counterfeit currency andin the interest of the country the support for the projects ofindigenization of bank note paper, ink & R&D etc has been agreedby the Government as per the Memorandum of Settlement datedSeptember, 2008. Government of India has agreed to providefinancing of about Rs 1200-1500 crore for the above investments.
Computer aided design 40 31.03.2014 20 20 31.03.2014 Creating capacity(CAD)& computer to to design bank offset plate (CTOP) notes in house asat CNP/BNP R&D effort.
Shredding & briquetting 5 31.03.2014 5 31.03.2014 For making bricksmachine at ISP, Nasik out of waste paper
generated duringprinting &processing.
TOTAL (A) 1741 622 298MintsMulti strike medal press 37 31.12.2014 - 15 31.12.2014
for proof medals &coins-(3 nos)
Coining presses at 50 30.09.2014 - 20 30.09.2014 Replacement ofvarious units (8 nos)-2 old machineseach at all mints combined with
additionalcapacity.
Centrifugal Finishing line 30 30.09.2014 - 10 30.09.2014 For polishing of(Coin polishing)- 3 nos coins.
Automatic Visual inspection 10 30.09.2014 - 5 30.09.2014 To improve themachine for coin blanks quality of coins.
Gold/silver Refining plant 9 31.03.2013 9 - 31.03.2013 To create refiningat Mumbai/ Hyderabad capacity at
MumbaiHyderabad.
CCTV & other security 17 31.03.2013 17 - 31.03.2013 To strengthen thesystems in mints existing security
system at mints.
Annealing/hardening 20 31.03.2015 - 5 31.03.2015 For softening/electric furnance with hardening ofintregated Nitrogen metals.plant-4 nos
Hydraulic hobbying 45 31.03.2015 - 5 31.03.2015press – 3 nos
TOTAL (B) 218 26 60
MiscellaneousERP Project 70 30.06.12 32 20 30.06.2013 To assess the data
on-line of differentunits to initiatedecision withoutany loss of time incollection ofinformation.
TOTAL (C) 70 32 20
GRAND TOTAL(A+B+C) 2029 680 378
27 Department of Economic Affairs
1 2 3 4 5 6 7 8
29
DEPARTMENT OF FINANCIAL SERVICESINTRODUCTION
The Department of Financial Services (DFS) is mainlyresponsible for policy issues relating to Public Sector Banks(PSBs) and Financial Institutions including their functioning,appointment of Chairman cum Managing Directors (CMDs) &Executive Directors (EDs), legislative matters, internationalbanking relations, appointment of Governor/Deputy Governor ofReserve Bank of India, matters relating to National Bank forAgriculture and Rural Development (NABARD), AgricultureFinance Corporation, co-operative banks, Regional Rural Banks(RRBs), rural/agriculture credit, Financial Inclusion, mattersrelating to Insurance sector and performance of public sectorinsurance companies, administration of various Insurance Acts,pension reforms including the New Pension System (NPS),legislative and other issues regarding the Pension FundRegulatory and Development Authority (PFRDA) etc.
Major Schemes administered by DFS are as under:-
(i) Interest Subvention for providing Short Term Credit toFarmers - The Government subsidizes the interest rate on loansto farmers through an Interest Subvention Scheme so that short-term crop loans upto ` 3.00 lakh are available to farmers at aninterest rate of 7% per annum. This scheme has been underimplementation since 2006-07 and it is continued year after year.NABARD implements the scheme in respect of CooperativeBanks and Regional Rural Banks and RBI implements thescheme in respect of Public Sector Banks. As per approval tothe continuation of the scheme during 2011-12, in addition tointerest subvention to provide short term crop loans to farmersupto ` 3.00 lakhs @ 7% p.a., following components have beenadded:a. Additional interest subvention of 3% to those farmers whorepay on time.b. Interest subvention to small and marginal farmers havingKisan Credit Cards for six months post harvest on the same rateas for short term crop loan against negotiable warehouse receiptsfor keeping their produce in warehouses.
During 2010-11 an amount of ` 3531.19 crore and during2011-12, a sum of ` 3282.70 crore was released under theScheme. An amount of ` 4377.99 crore was released under thescheme during 2012-13 (Upto December 2012) as againstprovision of ` 6000 crore in BE . A further provision of 6,000crore is proposed in BE 2013-14.
(ii) Capitalization of Public Sector Banks - As capital is a keymeasure of banks’ capacity for generating loan assets and is essentialfor balance sheet expansion, Government of India has regularlybeen investing additional capital in the Public Sector Banks (PSBs)to support their growth and keep them financially sound and healthyso as to ensure that the growing credit needs of the economy areadequately met. To enable the Public Sector Banks (PSBs) tomaintain their Tier 1 Capital to Risk weighted Assets Ratio (CRAR)at 8% as also to raise Government of India’s holding in all PSBs to58% the Government infused a sum of 20,117.23 crore in variousPSBs in 2010-11. A further sum of ` 12,000 core was infused inseven PSBs during 2011-12 for the same purpose.
For the year 2012-13 also, the Government has approvedinfusion of capital in PSBs to augment their Tier-I CRAR so asto maintain their Tier-I CRAR at comfortable level and to ensurethat they remain compliant with the capital adequacy norms underBASEL-III as well as to support internationally active PSBs fortheir national and international banking operations undertakenthrough their subsidiaries and associates. For this purpose anamount of ` 12,517 Crore is being released to 13 PSBs. For2013-14, a sum of ` 14,000 crore has been proposed forcapitalization of PSBs.
(iii) Recapitalization of Regional Rural Banks (RRBs) - Witha view to bring the CRAR of RRBs to at least 9%, Dr. K.C.Chakrabarty Committee, inter-alia, recommendedrecapitalization support to the extent of ` 2200 crore to 40RRBs in 21 States, to be shared by the stakeholders in proportionto their shareholding in RRBs i.e. 50% by the CentralGovernment, 15% by the concerned State Government and 35%by the concerned sponsor banks. The Central Government shareworked out to be ` 1100 crore. After approval of the Cabinet,the recapitalization process was started in 2010-11, to becompleted by 2011-12. The Cabinet decision required theGovernment of India to release its share upon release of theproportionate share by the concerned State Government and theSponsor Bank.
An amount of ` 468.92 crore was released to 21 RRBsupto 2011-12 (` 66.49 crore in 2010-11 and ` 402.43 crore in2011-12). The process of recapitalization could not becompleted by 2011-12 as all the State Governments did notrelease their share towards recapitalization. Therefore, therecapitalization scheme has been extended with the approval ofthe Cabinet up to March, 2014.
A provision of 200 crore was made in BE 2012-13 whichwas raised to 535 crore in RE keeping in view the proportionateshare released by State Governments and Sponsor Banks.` 200 crore has been released during 2012-13 (upto December,2012). A provision of ` 88 crore is proposed in BE 2013-14.
(iv) Interest Subvention on Housing Loans upto ` 15.00lakh - Under this Scheme, 1% interest subvention on housingloans upto ` 15.00 lakh, with cost of dwelling unit not exceeding` 25 lakhs, is provided through nodal agency, i.e. NationalHousing Bank to the scheduled commercial banks and thehousing finance companies registered with the National HousingBank. ` 38.54 crore was released to nodal agency under thescheme in 2010-11 and ` 300 crore in 2011-12. In 2012-13,provision of ` 400 crore in BE was raised to ` 500 crore in RE2012-13 keeping in view the likely claims and an amount of` 200 crore was released to NHB (upto December, 2012). Aprovision of ` 200 crore is proposed in BE 2013-14.
(v) Swavalamban Scheme under New Pension System(NPS) - The pension sector reforms were initiated in India toestablish a robust and sustainable social security arrangementin the country since only about 12-13 per cent of the total work-force was covered by any formal social security system. With a
Department of Financial Services
30
view to providing adequate retirement income, the New PensionSystem (NPS) was introduced by the Government of India andmade mandatory for all new recruits in the Government (exceptArmed Forces) with effect from 1st January, 2004.
To extend the benefit of NPS to the unorganized sector,‘Swavalamban Scheme’ was approved by the Government asannounced in the Budget Speech of 2010-11. The Scheme isaimed at encouraging the people from unorganized sector tovoluntarily save for their retirement by enrolling themselvesunder the NPS. Any citizen in the unorganized sector, who joinsNPS with an annual contribution of minimum ` 1000 andmaximum ` 12000, will receive a Government contribution of` 1,000 in his NPS account. The Government of India has,therefore, become a direct stakeholder in the old age incomesecurity of every citizen. ` 53.50 crore was released under thescheme in 2010-11 and a sum of ` 40 crore in 2011-12. Budgetprovision of ` 220 crore in 2012-13 was reduced to ` 128 crorein RE 2012-13 keeping in view the pace of enrolment under thescheme and an amount of ` 15 crore was released (uptoDecember, 2012). A further sum of ` 170 crore is proposed forthe scheme in BE 2013-14.
(vi) Varishtha Pension Bima Yojana (VPBY) - VPBY meantfor senior citizens aged 55 years and above was launched on14.7.2003 and withdrawn on 09.07.2004. Under the Scheme,Pensioners get an effective yield of 9% per annum on theirinvestment. The difference between the effective yield of 9%paid to the pensioners and that earned by LIC is compensated toLIC as subsidy by the Government of India. A sum of ` 175.70crore was released to LIC in 2010-11 and ` 182.04 crore wasreleased in 2011-12. A sum of ` 182.25 crore provided in BE2012-13 has been reduced to 140 crore in RE 2012-13 keepingin view the likely claims from LIC. Further, a provision of` 134.23 crore is proposed in BE 2013-14.
(vii)Aam Aadmi Bima Yojana (AABY) – Government hasmerged the two social sector life insurance schemes viz. JanshreeBima Yojana and the Aam Aadmi Bima Yojana into the AamAadmi Bima Yojana (AABY). The merger would enable betteradministration and services in providing life insurance cover tothe economically backward sections of society. The scheme isbeing implemented through Life Insurance Corporation of India.
The scheme extends life and disability cover to personsbetween the age of 18 years to 59 years, living below and
marginally above the poverty line under 47 identified vocational/occupational groups, including ‘rural landless households’. TheScheme has also been extended to Rashtriya Swasthya BimaYojana (RSBY) beneficiaries provided they meet the eligibilityconditions. The member should be the head of the family or oneearning member of the family under the eligible groups.
The Scheme provides for insurance cover for the sum of` 30,000/- in case of natural death, ` 75000/- on death due toaccident, ` 37,500/- for partial permanent disability (loss of twoeyes or two limbs or loss of one eye and one limb) due to accidentand ` 75,000/- on death or total permanent disability (loss oftwo eyes or two limbs or loss of one eye and one limb) due toaccident. The Scheme also provides an add-on benefit, whereinscholarship of ` 100/- per month per child is paid on a half-yearly basis to a maximum of two children per member, studyingin 9th to 12th standard (including ITI courses).
The total annual premium under the scheme is ` 200/- perbeneficiary of which 50 per cent is contributed from the SocialSecurity Fund created by the Central Government and maintainedby LIC. The balance 50 per cent of the premium is contributedby the State Government/UTs in the case of ‘Rural LandlessHouseholds’ and for the other groups, it is contributed by theState Government/Nodal agency/Individual. The CentralMinistry/Dept./ State Government/Union Territories/any otherinstitutionalized arrangement/registered NGOs may act as nodalagencies under the Scheme. However, in case of ‘Rural LandlessHouseholds’ category, it is the State Government/UT which willbe the Nodal Agency. A provision of ` 5.01 crore is proposedin BE 2013-14 for this scheme.
(viii) Women’s SHGs Development Fund – To empowerwomen and promote their Self Help Groups (SHGs) a “WomenSHGs Development Fund” has been created, which is beingoperated by NABARD. The scheme was announced in the year2011-12. It is being operationalized in 150 most backwarddistricts including Left Wing Extremism (LWE) districts.NABARD has intimated that 10.61 crore grant assistance (ason 28/12/2012) during the year has been released. 23071 SHGshave been formed and out of which 14969 SHGs have beencredit linked. A provision of ` 100 crore was released for thispurpose in 2011-12. Further, a provision of ` 100 crore isproposed in BE 2013-14.
Outcome Budget 2013-2014
S. No. 1
1. 2. 3.
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the
age
grou
p 18
to
59ye
ars a
nd w
ho a
re th
em
embe
rs
of
the
iden
tifi
ed
47o
cc
up
ati
on
al/
voca
tion
al g
roup
sal
ong
wit
h
Proc
esse
s/Ti
mel
ines
7
Sche
me w
as in
ope
ratio
nbe
twee
n 14
.7.2
003
and
09.0
7.20
04.
How
ever
,be
nefi
ts
to
the
subs
crib
ers
are
cont
inui
ng.
Mar
ch, 2
014.
Up
to 2
016-
17
Rem
arks
/R
iskFa
ctor
s
8
No
risk
invo
lved
.
The
pr
ojec
ted
outc
omes
ar
esu
bjec
t to
info
rmal
labo
ur
mar
ket
cond
itio
ns,
low
inte
rmit
ten
tin
com
e an
d lo
wf
in
an
ci
al
kn
ow
led
ge
,pe
rfor
man
ce o
fA
ggre
gato
rs a
ndPo
ints
of P
rese
nce
(PoP
s).
-
*CEB
R - C
ompl
emen
tary
ext
ra b
udge
tary
reso
urce
s i.e
., ex
pend
iture
s com
mitt
ed fo
r the
pur
pose
by
entit
ies o
ther
than
the
Cen
tral
Gov
ernm
ent.
31 Department of Financial Services
Stat
emen
t of O
utla
ys a
nd O
utco
mes
201
3 - 1
4
32
12
34
56
78
4(i)
4(ii)
4(iii
)N
on-
Plan
CE
BR
Plan
4. 5. 6. 7.
Maj
or H
ead
2416
-In
tere
st s
ubve
ntio
nfo
r pr
ovid
ing
shor
tte
rm
cred
it
tofa
rmer
s.
Maj
or H
ead
2416
-G
rant
s in
aid
to
NA
BA
RD
fo
rW
omen
's Se
lf H
elp
Gro
ups
(SH
Gs)
Dev
elop
men
t Fun
d
MH
.288
5 - P
aym
ent
of S
ubsi
dy to
Nod
alA
genc
y i.
e.,
Nat
iona
l H
ousi
ngBa
nk
Maj
or H
ead
3465
-T
rans
fer
toS
ec
ur
it
ie
s
Inte
rest
relie
f to
farm
ers o
nsh
ort
term
pro
duct
ion
cred
it.
To e
mpo
wer
wom
en a
ndpr
omot
e the
ir SH
Gs
The
pr
ovis
ion
is
for
prov
idin
g 1%
int
eres
tsu
bven
tion
on
hous
ing
loan
s up
to `
15.0
0 la
khth
roug
h no
dal a
genc
y, i.e
.N
atio
nal H
ousi
ng B
ank.
To co
ntrib
ute
to S
ecur
ities
Red
empt
ion
Fund
for
rede
emin
g M
arke
tabl
e
To p
rovi
de s
hort
ter
mpr
oduc
tion
cred
it at
7%
inte
rest
rate
to th
e fa
rmer
sup
to a
n am
ount
of
` 3.
00la
kh.
It w
ill p
rom
ote
setti
ng u
pan
d fin
anci
ng o
f Wom
en's
SHG
s in
150
Lef
t W
ing
Extre
mism
affe
cted
dist
ricts
of th
e co
untry
. M
ore
than
50,0
00 S
HG
s to
be
set u
pin
the p
roje
ct a
rea.
The i
nter
est s
ubsid
y w
ill b
ero
uted
th
roug
h th
esc
hedu
led
com
mer
cial
bank
s an
d th
e ho
usin
gfi
nanc
e co
mpa
nies
regi
ster
ed w
ith N
atio
nal
Hou
sing
Ban
k.
This
is
for
trans
fer
to t
heSe
curi
ties
Red
empt
ion
Fund
crea
ted
for r
edee
min
g
bene
fici
arie
s of
Ras
htri
ya S
was
thya
Bim
a Yo
jana
(RSB
Y)
are p
rovi
ded
insu
ranc
eco
ver
unde
r th
esc
hem
e.
Farm
ers
will
ben
efit
from
the m
uch
need
edin
tere
st re
lief o
n sh
ort-
term
loan
s.
This
will
enab
le ba
nks
to
enha
nce
thei
rou
trea
ch t
o th
e po
orw
omen
in
th
eba
ckw
ard
regi
ons.
Itw
ould
ena
ble
Wom
enSH
Gs
to
take
up
livel
ihoo
d ac
tiviti
es.
Hou
sing
is
a ba
sic
requ
irem
ent
of t
hepo
pula
tion
. T
heho
usin
g se
ctor
has
ahu
ge p
oten
tial
for
ge
ne
ra
ti
ng
empl
oym
ent
dire
ctly
thro
ugh
labo
urin
tens
ive a
ctiv
ities
and
indi
rect
ly b
y cr
eatin
gad
ditio
nal d
eman
d fo
rin
dust
ries l
ike c
emen
tan
d st
eel.
A s
um o
f ` 6
25 c
rore
is t
o be
tra
nsfe
rred
ever
y ye
ar b
y th
e
Perio
d of
impl
emen
tatio
nis
ext
ende
d on
yea
rly
basi
s.
Upt
o 20
13-1
4.
1 ye
ar
Upt
o 20
24
This
is a
subs
idy t
ofa
rmer
s. N
o ri
skfa
ctor
is in
volv
ed.
Thi
s is
gr
ant
assi
stan
ce a
nd i
sou
tcom
e ba
sed.
So,
no
risk
is
invo
lved
.
No
risk
fa
ctor
invo
lved
.
No
risk
fac
tor
isin
volv
ed a
s it
ison
ly a
tra
nsfe
r to
Outcome Budget 2013-2014
6000
.00
--
-10
0.00
-
200.
00-
-
625.
00-
-
33
12
34
56
78
4(i)
4(ii)
4(iii
)N
on-
Plan
CE
BR
Plan
8. 9. 10.
11.
the G
over
nmen
t Sec
uriti
es-
2024
issu
ed to
SBI
tow
ards
subs
crip
tion
to i
ts R
ight
sIs
sue
2008
, on
due
date
.
Rec
apit
alis
atio
n of
40
RRB
s to
hel
p th
em b
ring
thei
r C
RAR
to 9
%
To s
tren
gthe
n th
e ca
pita
lba
se o
f N
AB
AR
D
and
ther
eby,
en
hanc
e it
sbo
rrow
ing
capa
city
to m
eet
its d
evel
opm
enta
l man
date
IIFC
L w
ill fi
ll th
e ga
p fo
rlo
ng t
erm
inf
rast
ruct
ure
finan
ce w
hich
ban
ks a
ndot
her i
nstit
utio
ns ar
e una
ble
to p
rovi
de.
Gro
w
the
Ban
k's
disb
urse
men
ts un
der E
xpor
tLi
nes
of C
redi
t (L
OC
s)du
ring
201
3-14
to
US$
8506
mill
ion.
the
Secu
riti
esRe
dem
ptio
n Fu
ndal
read
y cre
ated
for
the p
urpo
se.
It is
Gov
ernm
ent
inve
stm
ent.
N
ori
sk
fact
orin
volv
ed.
Thi
s is
Gov
ernm
ent
ofI
nd
ia
's
subs
crip
tion
to
stre
ngth
en
the
capi
tal
base
of
NA
BARD
.
No
risk
fac
tor
isin
volv
ed.
As
a fi
nanc
ial
inte
rmed
iary
,II
FCL
Ltd.
fac
escr
edit
risk,
mar
ket
risk
an
dop
erat
iona
l risk
.
Cre
dit
risk
,li
quid
ity
risk
,in
tere
st r
ate
risk
and
fore
ign
exch
ange
risk
33 Department of Financial Services
Red
empt
ion
Fund
to
wa
rd
ssu
bscr
iptio
n in
the
Rig
hts
issu
e of
equi
ty sh
are o
f Sta
teBa
nk o
f Ind
ia.
Maj
or H
ead
4416
Reca
pita
lisat
ion
ofR
egio
nal
Rur
alBa
nks (
RRBs
).
Maj
or H
ead
4416
-Su
bscr
ipti
on
toSh
are
Cap
ital
of
NA
BARD
.
Maj
or H
ead
4885
-Su
bscr
iptio
n to
the
shar
e ca
pita
l of
Indi
a Inf
rast
ruct
ure
Fina
nce
Com
pany
Ltd.
(IIF
CL)
MH
48
85
-Su
bscr
iptio
n to
the
shar
e ca
pita
l of
EXIM
Ban
k
Secu
ritie
s is
sued
aga
inst
subs
crip
tion
in th
e Ri
ghts
Issu
e of
equ
ity s
hare
s of
Stat
e Ban
k of
Indi
a, 2
008.
To b
ring
Cap
ital
to R
isk
Wei
ghte
d A
sset
s R
atio
(CRA
R) of
RRB
s to a
t lea
st7%
in a
time b
ound
man
ner
and
furth
er to
9%
.
Aug
men
ting
the
capi
tal
base
of t
he N
atio
nal B
ank
for A
gric
ultu
re a
nd R
ural
Dev
elop
men
t (N
ABA
RD).
To s
tren
gthe
n th
e eq
uity
base
of I
IFC
L
Stre
ngth
enin
g th
e eq
uity
base
of E
XIM
Ban
k.
-88
.00
-
-70
0.00
-
-40
0.00
-
-70
0.00
-
Gov
ernm
ent
to t
his
Fund
cr
eate
d fo
rre
deem
ing
thes
eSe
curit
ies.
Impr
ovem
ent
infi
nanc
ial
heal
th o
fRR
Bs s
o as
to r
educ
eth
eir
loss
es
and
incr
ease
thei
r len
ding
capa
city
It
wil
l en
hanc
eN
AB
AR
D'
sbo
rrow
ing
capa
city
and
to
mee
t th
egr
owin
g re
fina
nce
need
s of t
he b
anks
that
are
exte
ndin
gag
ricul
ture
loan
s an
dar
e un
derta
king
oth
erde
velo
pmen
t act
iviti
esin
rura
l are
as.
To in
crea
se th
e pai
d-up
capi
tal o
f the
com
pany
.Th
is w
ill fa
cilit
ate
the
com
pany
to ex
pand
its
loan
por
tfol
io a
ndst
reng
then
it
sfu
ndam
enta
ls.
Wil
l he
lp p
rom
ote
Indi
a's ex
ports
to ot
her
coun
tries
Mar
ch, 2
014.
- One
Yea
r
One
yea
r
34
12
34
56
78
4(i)
4(ii)
4(iii
)N
on-
Plan
CE
BR
Plan
12
Outcome Budget 2013-2014
Maj
or H
ead
5465
-Re
capi
talis
atio
n of
Publ
ic S
ecto
r Ban
ks(P
SBs)
For
reca
pita
liza
tion
of
PSBs
to m
aint
ain
thei
r Tie
r1
CR
AR
at
com
fort
able
leve
l
-14
000.
00-
To
enab
le
the
PSB
sm
aint
ain
a co
mfo
rtab
lele
vel
of T
ier
1 C
RA
R i
nco
mpl
ianc
e w
ith
norm
sun
der B
asel
III
Com
fort
able
lev
el o
fC
RA
R e
nabl
es t
hePS
Bs t
o su
ppor
t th
ecr
edit
requ
irem
ents
ofth
e pro
duct
ive s
ecto
rsof
th
e ec
onom
yle
adin
g to
, am
ongs
tot
hers
, in
crea
sed
em
pl
oy
me
nt
oppo
rtuni
ties
and
the
over
all G
DP
grow
th in
the c
ount
ry.
One
Yea
rIt
is a
n in
vest
men
tby
the G
over
nmen
tin
the
PSB
s to
enab
le t
hem
to
resp
ond
posi
tivel
yan
d ef
fect
ivel
y to
the g
row
ing
cred
itre
quire
men
ts of
the
prod
uctiv
e se
ctor
sof
the
econ
omy.
35
REFORM MEASURES AND POLICY INITIATIVES
1. Legislative InitiativesDepartment has taken following legislative initiatives:-
(i) Banking Laws (Amendment) Act, 2012The above Act was passed by both the houses of the
Parliament during the winter session of December 2012 and hascome into effect from 18 January 2013. It would strengthen theregulatory powers of RBI and also enable the nationalised banksto raise capital through bonus and rights issue and would alsoenable them to increase or decrease the authorised capital withapproval from the Government and RBI, without being limitedby the ceiling of a maximum of ` 3000 crore.
(ii) The Enforcement of Security Interest and Recovery ofDebts Laws (Amendment) Act, 2012The above Act was passed by both the houses of the
Parliament during the winter session of December 2012 and hascome into effect from 15 January 2013. It seeks to address certaindifficulties faced by the banks and Financial Institutions (FIs)in proceedings for recovery of loans under the Securitizationand Reconstruction of Financial Assets and Enforcement ofSecurity Interest (SARFAESI) Act, 2002 and Recovery of Debtsdue to Banks and Financial Institutions (RDDBFI) Act, 1993.
The amendments would strengthen the ability of banks torecover debts due from the borrowers thereby enhancing theability of the banks to extend credit to both corporate and retailborrowers, reduce the cost of funds for the banks and theircustomers and reduce the level of NPAs.
2. “Swabhimaan” – the Financial Inclusion:Under “Swabhimaan” - the Financial Inclusion Campaign
launched in February 2011, banking facilities to over 74,000habitations having a population of 2000 and above have beenprovided by engaging over 62,000 business correspondent agents(BCAs) and opening branches. About 3.16 crore FinancialInclusion accounts have been opened till March, 2012. Further,Public Sector Banks and Regional Rural Banks (RRBs) haveoperationalised over 43,000 Ultra Small Branches so far.
In pursuance to the announcement made by Finance Ministerin budget speech 2012-13, the “Swabhimaan” campaign is beingextended to about 45,000 habitations with population of morethan 1000 in North Eastern and hilly States and with 1600-2000population (as per 2001 census) in other States.
3. Roll out of Direct Benefit Transfer w.e.f. 01.01.2013:The Government of India has introduced Direct Benefit
Transfer in respect of various welfare schemes of Government,directly into the bank accounts of beneficiaries with effect from1st January, 2013. Under the Direct benefit Transfer, the entiregeography of the districts selected for pilot, and the entire Stateand country, in a phased manner, would be covered.
The strategy for financial inclusion has accordingly beenrevised as the banking services would now be extended to the
entire geographical area of the selected districts, as againstcoverage of specific villages earlier. It is the endeavour that onebanking outlet {branch / Business Correspondent Agent (BCA)}is available for, on an average, 1000-1500 households, takingthe geographical and local conditions in consideration.
4. Pension ReformsThe pension sector reforms were initiated in India to
establish a robust and sustainable social security arrangementin the country against the backdrop that only about 12-13 percent of the total workforce was covered by any formal socialsecurity system. The New Pension System (NPS) has beenintroduced by the Government of India with effect from 1stJanuary, 2004 mandatorily for all new recruits to the Government(except Armed forces), replacing the existing system of definedbenefit pension system. Based on individual choice, it isenvisaged as a low-cost and efficient pension system backed bysound regulation. As a pure “Defined Contribution” product withno defined benefit element, returns would be totally market-related. The NPS provides various investment options andchoices to individuals to switch over from one investment optionto another or from one fund manager to another, subject to certainregulatory restrictions.
Scope of the New Pension SystemNPS has also been rolled out to all citizens with effect from
1st May, 2009 on a voluntary basis. The process of makingNPS available to all citizens entailed the appointment of NPSintermediaries, including Fifty five institutional entities as Pointsof Presence (POPs) that will serve as pension account openingand collection centers, a Centralised Record Keeping Agency(CRA) and five Pension Fund Managers to manage the pensionwealth of the investors. PFRDA adopted a transparent, non-discretionary, competitive bidding process for selection of NPSintermediaries, in line with best international practice, whichensured high quality service delivery for NPS subscribers atoptimum cost.
In order to facilitate the organised entities to move theirexisting and the new employees to NPS architecture, acustomised version of the core NPS Model, known as the “NPS-Corporate Sector Model” has been introduced since December2011. As on December 31, 2012, 362 corporates and 1.17 lakhemployees have been enrolled under this model. The AssetsUnder Management (AUM) under NPS-Corporate Sector Modelis ` 857.57 crore.
A number of changes have been introduced to energize NPS,in the current year.
i. Six Annuity Service Providers (ASPs) have been empanelledon May 4, 2012 to offer annuity schemes to subscribers onmaturity of NPS account. These are:-1. Life Insurance Corporation of India2. SBI Life Insurance Co. Ltd.
Department of Financial Services
36
3. ICICI Prudential Life Insurance Co. Ltd.4. Bajaj Allianz Life Insurance Co. Ltd.5. Star Union Dai-ichi Life Insurance Co. Ltd.6. Reliance Life Insurance Co. Ltd.
ii. Revised guidelines for registration of Pension FundManagers (PFMs) in the private sector have been issued onJuly 12, 2012 wherein the restrictions on the number ofPFMs and the earlier bidding process have been done awaywith. These guidelines are in line with the recommendationsof the Bajpai Committee which was set up by PFRDA to go
into the reasons for the slow progress of NPS in the privatesector.
iii. These guidelines are going to have significant impact onthe pension sector. All the interested players desirous ofbeing in the pension sector can register as PFMs subject totheir fulfilling the laid down eligibility criteria.
iv. The PFMs would also be expected to market the NewPension System (NPS) to the potential subscribers, decidingtheir own marketing and distribution channels as per theirbusiness perceptions.
Outcome Budget 2013-2014
37
REVIEW OF PAST PERFORMANCE
Agricultural Debt Waiver and Debt Relief Scheme(ADWDRS), 2008
In 2008-09, Government had announced ADWDRS forfarmers covering all agricultural loans disbursed by ScheduledCommercial Banks (SCBs), Regional Rural Banks (RRBs),Cooperative Banks (including UCBs) and Local Area Banks(LABs) upto 31st March, 2007, overdue as on 31st December,2007 and that remained unpaid until 29th February, 2008. Therewas a complete waiver for small and marginal farmers whilethere was a One Time Settlement scheme for other farmers forthe loans covered during these periods. The OTS offered a rebateof 25% against payment of the balance amount of 75%. TheScheme was implemented by its due date i.e. 30.06.2008 so asto make them eligible for availing fresh credit from the lendinginstitutions. However, the last date for payment of 75% by “OtherFarmers” under OTS Scheme was extended upto 30th June, 2010
Reimbursement of claims to the lending institutions wasmade in instalments on the basis of duly certified and auditedclaims through the respective nodal agencies, i.e. RBI andNABARD. An amount of ` 25,000 crore was reimbursed underthe Scheme to the lending institutions during 2008-09, 15,000crore during 2009-10, ` 11,340.47 crore during 2010-11 and` 1176.39 crore in 2011-12.
In respect of Public Sector Banks, Private Sector Banksand Local Areas Banks, 104 lakh farm loan accounts and inrespect of Regional Rural Banks (RRBs) and Cooperative Banks,186.92 lakh farm loan accounts have been benefited under theScheme. Thus, approximately 3.45 crore farm accounts havebeen benefitted under the scheme to the extent of around 52,000crore.
Interest to lending institutions towards implementation ofAgricultural Debt Waiver and Debt Relief Scheme(ADWDRS)
Due to staggered schedule drawn for reimbursing the claimsof lending institutions, Government of India approved a proposalto pay interest to lending institutions, subsequent toreimbursement of the first instalment of the claims under theScheme. A sum of ` 3,872 crore was approved for this purposeby the Government on 3 October, 2008. An amount of 149.79crore was released as interest payment during 2008-09, 458.85crore during 2009-10 and ` 1434 crore during 2011-12. Abudgetary provision of 287 crore was made for the year 2011-12 out of which ` 178.46 crore was released.
Janshree Bima Yojana (JBY)
The Scheme provides life insurance protection to the ruraland urban persons living below the poverty line and marginallyabove the poverty line. It provides coverage of ` 30,000 onnatural death, ` 75,000 on the death or total permanent disabilitydue to accident and ` 37,500 on partial permanent disabilities.Scholarship as a free add-on benefit is also provided to a
maximum of two children of the beneficiary studying between9th and 12th Standard @ ` 100 per month for each child. Thepremium under the Scheme is ` 200 per annum, 50% of whichis contributed by the beneficiary/State Government/nodal agencyand the balance of 50% is drawn from the Social Security Fundcontributed by the Government of India and maintained by LIC.
Women Self Help Groups (SHGs) have been chosen forspecial attention under this Scheme with a view to rapidly scaleup coverage of all women SHGs credit linked to Banks. LICcoordinates with Banks, NABARD and other State agenciesin order to extend coverage to all credit linked Women SHGs.During 2011-12, a total number of 2,20,56,435 lives werecovered under Janshree Bima Yojana (JBY). As on 31.12.2012,3,92,169 Women SHGs with 41,60,755 lives have beencovered.
A sum of ` 500 crore was placed in 2008-09 by theGovernment of India in the Social Security Fund maintained bythe LIC. As per the requirement put forth by LIC in view ofdepletion of the corpus of the Fund, Government contributed afurther sum of 100 crore to the fund during 2011-12 and a sumof ` 157.50 crore has been released to LIC in 2012-13.
Universal Health Insurance Scheme (UHIS)
UHIS, meant for BPL families, provides for reimbursementof medical expenses up to ` 30,000/- towards hospitalizationexpenses on floater basis amongst the entire family, death coverdue to an accident, of 25,000/- to the earning head of the familyand compensation due to loss of earning of the earning member@ ` 50/- per day up to a maximum of 15 days. The Scheme wasrevised in September, 2008 wherein the premium was reducedand the coverage of benefits was expanded by providingmaternity benefits, coverage upto 70 years of age, inclusion ofpre-existing diseases and extending the benefit of loss of wagesto the spouse of the insured also. ` 22 crore was released forthis scheme in 2010-11 and `13.60 crore in 2011-12. Thisscheme is being phased out as coverage under RashtriyaSwasthya Bima Yojana (RSBY), being implemented by theMinistry of Labour, is increasing.
New Pension System (NPS)
With a view to providing adequate retirement income, NewPension System (NPS) was introduced by the Government ofIndia and made mandatory for all new recruits in the Government(except Armed Forces) with effect from 1st January, 2004. 27States and UT Governments have notified and joined NPS fortheir employees. Of these, 26 states and UTs have already signedagreement with NPS Trust and 27 States and UTs have signedagreements with CRA for carrying forward the implementationof NPS. The other states are at different stages of preparationfor roll out of NPS. In addition, over 26.10 lakh employees ofthe Central and various state governments are already part ofNPS. The corpus being managed under the NPS is ` 24720
Department of Financial Services
38
crore. To extend the benefit of NPS to the people fromunorganized sector, ‘Swavalamban Scheme’ was launched bythe Government in pursuance of the announcement made in theBudget Speech of 2010-11. The scheme operates through 69Aggregators. A total of 3,01,920 subscribers was enrolled during2010-11, 6,43,980 subscribers were in 2011-12 and 2,92,021new subscribers were registered in 2012-13 (as on December31, 2012). For all citizens including workers of unorganizedsector, NPS was available through nearly 26830 service providerbranches of 55 Points of Presence (PoPs).
Debt Recovery Tribunals (DRTs)/Debts Recovery AppellateTribunals (DRATs)
The Central Government established 33 Debts RecoveryTribunals (DRTs) and 5 Debts Recovery Appellate Tribunals
(DRATs) under the provisions of the Recovery of Debts due toBanks and Financial Institutions Act, 1993 for expeditiousadjudication and speedy recovery of debts due to banks andfinancial institutions and matters connected therewith. DRTsare providing valuable services to the banks and FinancialInstitutions for effecting recovery of dues. The role of the DRTshas been further enhanced by enacting the Securitization andReconstruction of Financial Assets and Enforcement of SecurityInterest (SARFAESI) Act, 2002, which provides for aggrievedparties to make appeals before the DRTs.
As per the provisional data, 10,877 cases involving 18,885crores were disposed of by the DRTs during the period from1.01.2011 to 31.12.2011 and 9125 cases involving ` 16078crores during the period of 01.01.2012 to 31.12.2012.
Outcome Budget 2013-2014
Stat
emen
t of O
utco
me
with
ref
eren
ce to
Out
lays
- 20
11 -
12
S. No. 1
1 2
Nam
e of
the
Sche
me/
Prog
ram
e
2
MH
223
5 –
Farm
ers
Deb
t R
elie
f Fu
ndfo
r im
plem
enta
tion
of A
gric
ultu
ral D
ebt
Wai
ver
and
Deb
tR
elie
f
Sche
me
(AD
WD
RS),
200
8fo
r Far
mer
s
MH
22
35
–Pa
ymen
t of i
nter
est
to
lend
ing
insti
tutio
ns to
war
dsA
gric
ultu
re D
ebt
Wai
ver
and
Deb
tR
elie
f
Sche
me
(AD
WD
RS),
2008
for F
arm
ers
Obj
ectiv
e/O
utco
me
3
On
gran
ting
of
debt
wai
ver,
the
farm
er w
ould
be
enti
tled
to
fr
esh
agric
ultu
ral l
oans
from
the
Bank
s in
acco
rdan
ce w
ithth
e nor
mal
rule
s.
Upo
n be
ing
gran
ted,
the
paym
ent o
f int
eres
t on
the
bala
nce
reim
burs
able
clai
ms,
th
e le
ndin
gin
stitu
tions
will
not
hav
eto
m
ake
prov
isio
nsto
war
ds
thei
rre
imbu
rsab
le c
laim
s as
requ
ired
by R
BI.
Out
lay
2011
-12
(` in
Cro
re)
4
4(i)
4(ii)
BER
E
6000
.00
1500
.00
287.
0028
7.00
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts
5
The
Sche
me
cove
red
all
agri
cult
ural
lo
ans
disb
urse
d by
the
len
ding
inst
itut
ions
upt
o 31
stM
arch
, 20
07,
over
due
ason
31s
t D
ecem
ber,
2007
and
that
rem
aine
d un
paid
until
29.
02.2
008.
The
re is
a co
mpl
ete
wai
ver
for
smal
l and
mar
gina
l far
mer
sw
hile
ther
e is
a O
ne T
ime
Settl
emen
t (O
TS) s
chem
efo
r ot
her
farm
ers
for
the
loan
s cov
ered
dur
ing
thes
epe
riod
s. T
he O
TS o
ffers
are
bate
of
25%
aga
inst
paym
ent
of t
he b
alan
ceam
ount
of 7
5%.
Due
to st
agge
red
sche
dule
draw
n fo
r rei
mbu
rsin
g th
ecl
aim
s of
the
len
ding
inst
itut
ions
un
der
AD
WD
RS,
th
eG
over
nmen
t has
dec
ided
topa
y in
tere
st
to
thes
ein
stitu
tions
for t
he 2
nd, 3
rdan
d 4t
h in
stalm
ents
and
has
appr
oved
` 3
872.
00 c
rore
for
this
pur
pose
ove
r a
Proc
esse
s/Ti
mel
ines
6
The
Sc
hem
e w
asim
ple-
men
ted
by i
tsdu
e da
te
i.e.
30.0
6.20
08 f
or t
hede
bt
wai
ver.
A
sre
gard
s th
e D
ebt
Relie
f, an
ext
ensi
onof
tim
e w
as g
iven
upto
30.
6.20
10 t
oot
her f
arm
ers t
o mak
ere
paym
ents
and
avai
la
reba
te o
f 25
% o
nth
e am
ount
due
.
Upt
o M
arch
, 201
2
Risk
Fact
ors
7
Thi
s is
a s
ubsi
dy t
ofa
rmer
s. N
o ris
k fa
ctor
isin
volv
ed.
No
risk
invo
lved
.
Ach
ieve
men
tsas
on
31st
Mar
ch,
2012 8
`117
6.39
cro
rer
el
ea
se
d.
App
roxi
mat
ely
3.45
cror
e far
mer
sha
ve
bene
fite
dun
der t
he sc
hem
e.
` 17
8.46
cro
rere
leas
ed a
s pe
rcl
aim
s re
ceiv
edfr
om
RB
I an
dN
ABA
RD.
39 Department of Financial Services
40
12
34
56
78
4(i)
4(ii)
BER
E
Maj
or H
ead
2416
–In
tere
st s
ubve
ntio
nfo
r pr
ovid
ing
shor
tte
rm
cred
it
tofa
rmer
s.
Maj
or H
ead
2416
–G
rant
s in
aid
for
revi
tali
sati
on
ofSh
ort
Term
Coo
pera
tive
Cre
dit
Stru
ctur
e (ST
CC
S)
Maj
or H
ead
2416
–G
rant
s in
aid
for
revi
tali
sati
on
ofL
ong
Term
Coo
pera
tive
Cre
dit
Stru
ctur
e (LT
CC
S)
Inte
rest
relie
f to
farm
ers o
nsh
ort
term
pro
duct
ion
cred
it.
Rev
italis
atio
n of
Sh
ort
Term
Coo
pera
tive
Cre
dit
Stru
ctur
e in
the c
ount
ry
Rev
italiz
atio
n of
Lon
gTe
rm C
oope
rativ
e C
redi
tSt
ruct
ure i
n th
e cou
ntry
peri
od
of
2009
-10
to20
11-1
2.
To p
rovi
de s
hort
ter
mpr
oduc
tion
cred
it at
7%
inte
rest
rate
to th
e fa
rmer
sup
to a
n am
ount
of
` 3.
00la
kh.
To r
evita
lize
shor
t te
rmC
oope
rati
ve
Cre
dit
Stru
ctur
e in
the
Sta
tes
whi
ch a
gree
to im
plem
ent
the p
acka
ge
To p
rovi
de re
viva
l pac
kage
for
revi
taliz
atio
n of
Lon
gTe
rm C
oope
rativ
e C
redi
tSt
ruct
ure
One
yea
r
The
revi
talis
atio
n of
STC
CS
is
to
beco
mpl
eted
w
ithi
nne
xt
1-2
year
sde
pend
ing
upon
the
wil
ling
ness
an
dsu
ppor
t of t
he S
tate
s.
The p
acka
ge re
quire
dce
rtain
chan
ges w
hich
are y
et to
be a
ppro
ved
by th
e G
over
nmen
t.
Thi
s is
a s
ubsi
dy t
ofa
rmer
s. N
o ri
sk fa
ctor
isin
volv
ed.
This
is a g
rant
to th
e Sho
rtTe
rm C
oope
rativ
e C
redi
tSt
ruct
ure
in th
e co
untr
y.N
o risk
fact
or is
invo
lved
.
The G
over
nmen
t of I
ndia
had
cons
titut
ed a
Tas
kFo
rce t
o ass
ess t
he im
pact
of th
e im
plem
enta
tion
ofth
e A
DW
DRS
, 200
8 an
dST
CC
S pa
ckag
e on
the
fina
ncia
l he
alth
of
the
LTC
CS
befo
re i
mpl
e-m
entin
g the
pac
kage
. Thi
sTa
sk F
orce
has
subm
itted
its re
port
whi
ch h
as b
een
acce
pted
by
the
Gov
t.
` 32
82.7
0 cr
ore
sanc
tione
d.
` 92
45.2
8 cr
ore
rele
ased
up
to20
10-1
1 fo
rim
plem
enta
tion
ofth
e pa
ckag
e.`
9002
.92
cror
ere
leas
ed
byN
AB
AR
D
asG
oI’s
sh
are
for
reca
pita
liza
tions
of 5
3,20
5 el
igib
lePA
CS in
17
Stat
es,
1,51
0 in
elig
ible
PAC
S af
filia
ted
to30
C
CB
s in
3
Stat
es
and
13C
CBs
in O
dish
a.
The
pac
kage
is
unde
r fin
aliz
atio
n.
3 4 5
4868
.00
4000
.00
0.01
0.01
1000
.00
0.01
Outcome Budget 2013-2014
41
12
34
56
78
4(i)
4(ii)
BER
E
Maj
or H
ead
2416
–Fi
nanc
ial I
nclu
sion
Fund
(FIF
)
Maj
or H
ead
2416
–Fi
nanc
ial I
nclu
sion
Tech
nolo
gy F
und
(FIT
F)
Maj
or H
ead
4416
–Re
capi
talis
atio
n of
Reg
iona
l R
ural
Bank
s (RR
Bs)
Maj
or H
ead
3465
–C
ontr
ibut
ion
toS
ec
ur
it
ie
sRe
dem
ptio
n Fu
nd.
To s
uppo
rt p
rom
otio
nal
and
deve
lopm
enta
lac
tiviti
es w
ith a
vie
w t
ose
curi
ng g
reat
er fi
nanc
ial
incl
usio
n, p
arti
cula
rly
amon
g w
eake
r se
ctio
ns,
low
inc
ome
grou
ps a
ndba
ckw
ard
regi
ons/
hith
erto
unba
nked
area
s.
To en
hanc
e inv
estm
ents
ini
nf
or
ma
ti
on
co
mm
un
ica
tio
nte
chno
logy
ai
med
at
prom
otin
g fi
nanc
ial
incl
usio
n, s
tim
ulat
ing
tran
sfer
of
rese
arch
and
tech
nolo
gy i
n fi
nanc
ial
incl
usio
n,
incr
easi
ngte
chno
logi
cal
abso
rptio
nca
paci
ty
of
fina
ncia
lse
rvic
e pro
vide
rs/u
sers
.
To b
ring
Cap
ital
to R
isk
Wei
ghte
d A
sset
s R
atio
(CR
AR
) of
RR
Bs
to a
tle
ast 7
% in
a ti
me
boun
dm
anne
r and
furth
er to
9%
by M
arch
, 201
2.
To co
ntrib
ute
to S
ecur
ities
Red
empt
ion
Fund
for
rede
emin
g M
arke
tabl
eSe
curi
ties
issu
ed a
gain
stsu
bscr
iptio
n in
the
Righ
tsIs
sue
of e
quity
sha
res
ofSt
ate B
ank
of In
dia,
200
8.
To e
nsur
e ac
cess
to ti
mel
yan
d ad
equa
te c
redi
t an
dFi
nanc
ial
Serv
ices
to
wea
ker
sect
ions
and
low
inco
me
grou
ps
at
anaf
ford
able
cos
t w
ith t
heob
ject
ive
of s
uppo
rtin
gpr
ofes
sion
al
and
deve
lopm
enta
l ac
tiviti
esw
ith a
vie
w t
o se
curi
ngfin
anci
al in
clus
ion
To e
xten
d fa
cilit
y un
der
tech
nolo
gica
l dev
elop
men
tto
ens
ure
acce
ss to
tim
ely
and
adeq
uate
cre
dit
and
finan
cial
serv
ices
to w
eake
rse
ctio
ns a
nd l
ow i
ncom
egr
oups
at an
affo
rdab
le co
stw
ith
the
obje
ctiv
e of
stim
ulat
ing
the
trans
fer
ofre
sear
ch an
d te
chno
logy
infin
anci
al in
clus
ion
Rec
apit
alis
atio
n of
40
RRB
s to
hel
p th
em b
ring
thei
r C
RAR
to a
t lea
st 7
%
It is
a c
ontri
butio
n to
the
Secu
riti
es R
edem
ptio
nFu
nd cr
eate
d fo
r red
eem
ing
the G
over
nmen
t Sec
uriti
es-
2024
issu
ed to
SBI
tow
ards
subs
crip
tion
to i
ts R
ight
sIs
sue
2008
, on
due
date
.
Ent
ire
prov
isio
nof
`1
0 cr
ore
sanc
tione
d.
Entir
e pr
ovis
ion
of
`10
cror
esa
nctio
ned.
` 40
2.43
cr
ore
rele
ased
fo
rre
capi
talis
atio
n of
10 R
RBs.
` 62
5.00
cro
rew
as re
leas
ed.
6 7 8 9
The
Fu
nd,
bein
gm
aint
aine
d by
NA
BA
RD
, ha
s be
enco
nstit
uted
with
shar
es in
the
ratio
of
40:4
0:20
by
GO
I, RB
I and
NA
BARD
.`
10.0
0 cr
ore
each
rele
ased
in
2007
-08,
2009
-10
and
2010
-11
asG
OI s
hare
.
The
Fu
nd,
bein
gm
aint
aine
d by
NA
BA
RD
, ha
s be
enco
nstit
uted
with
shar
es in
the
ratio
of
40:4
0:20
by
GO
I, RB
I and
NA
BARD
.`
10.0
0 cr
ore
each
was
rele
ased
in
2007
-08,
2009
-10
and
2010
-11
asG
OI s
hare
.
It
is
Gov
ernm
ent
inve
stmen
t. N
o ris
k fa
ctor
invo
lved
.
No
risk
fact
or is
invo
lved
as it
is o
nly a
cont
ribut
ion
to
the
Secu
riti
esR
edem
ptio
n Fu
ndal
read
y cr
eate
d fo
r th
epu
rpos
e.
41
10.0
010
.00
10.0
010
.00
500.
0020
0.00
625.
0062
5.00
The
Fun
d is
bei
ngop
erat
ed fr
om th
e yea
r20
07-0
8 on
war
d.
The
Fun
d is
bei
ngop
erat
ed fr
om th
e yea
r20
07-0
8 on
war
d.
One
yea
r
Upt
o 20
24
Department of Financial Services
42
12
34
56
78
4(i)
4(ii)
BER
E
10 11 12 13
To
enab
le
the
PSB
sm
aint
ain
a co
mfo
rtab
lele
vel o
f Tie
r 1
CRA
R an
dto
rai
se G
over
nmen
t of
Indi
a’s h
oldi
ng in
all
PSBs
to 5
8%.
This
is a
imed
at e
xten
ding
bank
ing
serv
ices
thr
ough
Bus
ines
s C
orre
spon
dent
(BC
) and
othe
r mod
els w
ithap
prop
riat
e te
chno
logy
back
up as
par
t of F
inan
cial
Incl
usio
n Pl
ans.
IIFC
L w
ill fi
ll th
e ga
p fo
rlo
ng t
erm
inf
rast
ruct
ure
finan
ce w
hich
ban
ks a
ndot
her i
nstit
utio
ns ar
e una
ble
to p
rovi
de
Gro
w
the
Ban
k’s
disb
urse
men
ts
unde
rE
xpor
t Li
nes
of C
redi
t(L
OC
s) d
urin
g FY
201
1-12
to U
S $
600
mill
ion
(Abo
ut20
% g
row
th
over
the
esti
mat
ed
US
$ 50
0m
illio
n of
dis
burs
emen
tsun
der
LOC
s du
ring
FY
2010
-11)
Maj
or H
ead
5465
–Re
capi
talis
atio
n of
Publ
ic S
ecto
r Ban
ks(P
SBs)
Maj
or H
ead
3465
–Fi
nanc
ial S
uppo
rt to
the
Ban
ks
for
open
ing
‘No
Frill
s’ac
coun
ts
unde
r‘S
wa
bh
ima
nSc
hem
e’.
Maj
or H
ead
4885
-Su
bscr
iptio
n to
the
shar
e ca
pita
l of
Indi
a Inf
rast
ruct
ure
Fina
nce
Com
pany
(IIF
CL)
Ltd
MH
48
85
–Su
bscr
ipti
on t
oth
e sh
are
capi
tal
of E
XIM
Ban
k
For
reca
pita
lisa
tion
of
PSB
s th
roug
h eq
uity
supp
ort
to m
aint
ain
thei
rTi
er 1
CRA
R at
8%
as a
lso
to r
aise
Gov
ernm
ent
ofIn
dia’
s hol
ding
in a
ll PS
Bsto
58%
.
This
is to
prov
ide f
inan
cial
supp
ort
to t
he B
anks
@`
140
per
fina
ncia
lin
clus
ion
bene
fici
ary
acco
unt f
or 5
.11
cror
e ‘N
oFr
ills’
acco
unts
in ap
prox
.73
,000
id
enti
fied
habi
tatio
ns
To
supp
lem
ent
the
avai
labl
e lon
g te
rm fi
nanc
efo
r co
mm
erci
ally
via
ble
infr
astru
ctur
e pro
ject
s
Stre
ngth
enin
g th
e eq
uity
base
of E
XIM
Ban
k.
6000
.00
1200
0.00
50.0
00.
00
1000
.00
500.
00
300.
0030
0.00
-
Thre
e Yea
rs. -
One
yea
r
It is
an in
vest
men
t by
the
Gov
ernm
ent i
n th
e PSB
sto
en
able
th
em
tore
spon
d po
sitiv
ely
and
effe
ctiv
ely
to
the
grow
ing
cred
it ne
eds
ofth
e cou
ntry
.
No
risk
fact
or is
invo
lved
as it
is o
nly
to m
eet o
netim
e fix
ed co
st of
open
ing
‘No
frill
s’ A
ccou
nts
As
a fi
nanc
ial
inte
rmed
iary
IIFC
L Lt
d.fa
ces
cred
it ris
k, m
arke
tris
k an
d op
erat
iona
l ris
k.
Cre
dit r
isk,
liqu
idity
risk
,in
tere
st r
ate
risk
and
fore
ign
exch
ange
risk
` 12
000.
00 c
rore
rele
ased
. In
dian
econ
omy
has b
een
able
to
with
stan
dth
e gl
obal
finan
cial
cris
is.
Sche
me
was
disc
onti
nued
in
betw
een
and
nofu
nd w
as re
leas
edun
der t
he S
chem
e.74
,000
ide
ntifi
edha
bita
tions
hav
ebe
en
cove
red
unde
r Fi
nanc
ial
Incl
usio
n.
` 50
0.00
cro
rere
leas
ed to
IIFC
L.IIF
CL cu
mul
ativ
elyis
sued
san
ctio
nsfo
r 26
7 pr
ojec
tsam
ount
ing
to`
61,2
19 c
rore
.
Entir
e pr
ovis
ion
of `
300
cro
rere
leas
ed.
Exi
mB
ank
exte
nded
loan
s of
` 54
,529
.78
cror
e(i
nclu
ding
GO
Isu
ppor
ted
LOC
s).
Outcome Budget 2013-2014
43
12
34
56
78
4(i)
4(ii)
BER
E
14 15 16 17
43
Maj
or H
ead
“223
5”–P
aym
ent
to L
ife
In
su
ra
nc
eC
orpo
rati
on
ofIn
dia
for
Pens
ion
Plan
fo
r Se
nior
Citi
zens
Maj
or H
ead
2235
- -Pa
ymen
t to
Pub
licSe
ctor
G
ener
alI
ns
ur
an
ce
Com
pani
es
for
Com
mun
ity B
ased
Uni
vers
al H
ealt
hIn
sura
nce
Sche
me
UH
IS
Maj
or H
ead
2235
-S
wa
va
lam
ba
nSc
hem
e.
MH
.288
5 –
Paym
ent o
f Sub
sidy
to N
odal
Age
ncy i
.e.
Nat
iona
l H
ousi
ngBa
nk
Subs
idis
ing
Pens
ion
Plan
for S
enio
r Citi
zens
Four
pub
lic se
ctor
Gen
eral
Insu
ranc
e Com
pani
es h
ave
been
impl
emen
ting
UH
ISfo
r im
prov
ing
the a
cces
s of
heal
th ca
re to
BPL
fam
ilies
To e
xten
d th
e co
vera
ge,
unde
r N
ew
Pens
ion
Syst
em (N
PS),
to 2
0 la
khsu
bscr
iber
s
The
pr
ovis
ion
is
for
prov
idin
g 1%
int
eres
tsu
bven
tion o
n ho
usin
g loa
nsup
to `
15.
00 la
kh th
roug
hno
dal a
genc
y i.e
. Nat
iona
lH
ousin
g Ba
nk.
199.
6119
0.38
20.0
020
.00
220.
0011
0.00
500.
0030
0.00
Und
er
the
Sche
me
pens
ione
rs g
et a
n ef
fect
ive
yiel
d of
9%
p.a
.
To co
ver 6
.66
lakh
fam
ilies
The
sche
me
is a
imed
at
enco
urag
ing
the
peop
lefr
om u
norg
aniz
ed se
ctor
tovo
lunt
arily
sav
e fo
r th
eir
reti
rem
ent
by e
nrol
ling
them
selv
es u
nder
the N
PS.
The i
nter
est s
ubsid
y w
ill b
ero
uted
thro
ugh
the s
ched
uled
com
mer
cial
ban
ks a
nd t
heho
usin
g fin
ance
com
pani
esre
gist
ered
with
Nat
iona
lH
ousi
ng B
ank.
Sche
me
has
been
disc
onti
nued
w.e
.f09
.07.
2004 -
The
le
vel
ofen
rolm
ent
wou
ldde
pend
up
on
the
perf
orm
ance
of
Agg
rega
tors
.(T
hree
yea
rs)
One
and
hal
f yea
r
No
risk
invo
lved
.
It is
a w
elfa
re sc
hem
e for
the
poor
. No
risk
fact
orin
volv
ed.
Info
rmal
lab
our
mar
ket
cond
itio
ns,
low
inte
rmitt
ent i
ncom
e an
dlo
w fi
nanc
ial k
now
ledg
e..
No
risk
fact
or in
volv
ed.
`182
.04
cror
ere
leas
ed t
o LI
C.
3.5 l
akh
pens
ione
rsw
ho j
oine
d th
esc
hem
e ar
e be
ing
cove
red.
`13.
60
cror
ere
leas
ed.
4807
7 po
lici
esco
verin
g 2,
93,6
72fa
mil
ies
wer
eiss
ued.
`40.
00
cror
ere
leas
ed u
nder
the
sche
me.
6,4
3,98
0a
dd
itio
na
lsu
bsc
rib
ers
enro
lled
dur
ing
2011
-12.
` 30
0.00
cror
e was
rele
ased
.
Department of Financial Services
Stat
emen
t of O
utco
me
with
ref
eren
ce to
Out
lays
- 20
12 -
13
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
e
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2012
-13
(` in
Cro
re)
4
4(i)
4(ii)
BER
E
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts
5
Proc
esse
s/Ti
mel
ines
s
6
Rem
arks
/R
isk
Fact
ors
7
Ach
ieve
men
tsas
on
31st D
ecem
ber,
2012 8
Maj
or H
ead
2235
-Pa
ymen
t to
Lif
eI
ns
ur
an
ce
Cor
pora
tion
of
Indi
a fo
r Pe
nsio
nPl
an
for
Seni
orC
itize
ns
Maj
or H
ead
2235
–S
wa
va
lam
ba
nSc
hem
e.
Maj
or H
ead
– 22
35G
ov
ern
me
nts
cont
ribu
tion
to
augm
ent t
he S
ocia
lSe
curi
ty
Fund
mai
ntai
ned
by L
ICfo
r Ja
nshr
ee B
ima
Yoja
na.
1 2 3
Subs
idiz
ing
Pens
ion
Plan
for S
enio
r Citi
zens
To e
xten
d th
e co
vera
ge,
unde
r N
ew
Pens
ion
Syst
em (N
PS),
to 3
0 la
khsu
bscr
iber
s
The
sche
me
prov
ides
life
insu
ranc
e pro
tect
ion
to th
eru
ral
and
urba
n pe
rson
sliv
ing
belo
w p
over
ty li
nean
d m
argi
nall
y ab
ove
pove
rty li
ne.
182.
2514
0.00
220.
0012
8.00
175.
0017
5.00
Und
er th
e Sc
hem
e a
bout
3.5
lakh
pen
sion
ers g
et a
nef
fect
ive
yiel
d of
9%
p.a
.
The
sche
me
is a
imed
at
enco
urag
ing
the
peop
lefro
m u
norg
aniz
ed se
ctor
tovo
lunt
arily
sav
e fo
r th
eir
reti
rem
ent
by e
nrol
ling
them
selv
es u
nder
the N
PS.
The
prem
ium
und
er t
heSc
hem
e is
` 2
00/-
per
annu
m, 5
0% o
f w
hich
is
cont
ribu
ted
by
the
be
ne
fic
iary
/Sta
teG
over
nmen
t/nod
al ag
ency
and
the
rem
aini
ng 5
0% is
draw
n fr
om t
he S
ocia
lSe
curit
y Fu
nd co
ntrib
uted
by G
over
nmen
t of
Ind
iaan
d m
aint
aine
d by
LIC
.
App
roxi
mat
ely
3.5
lakh
sen
ior
citiz
ens,
who
had
enr
olle
ddu
ring
the c
urre
ncy o
fth
e sch
eme,
are
bei
ngpr
ovid
ed
bene
fits
unde
r the
sche
me.
To e
nrol
l ad
ditio
nal
10 l
akh
subs
crib
ers
unde
r th
e Sc
hem
eev
ery
year
.
Pers
ons
betw
een
age
grou
p 18
to 5
9 ye
ars
and
who
ar
e th
em
embe
rs
of
the
iden
tifi
ed
45o
cc
up
ati
on
al/
voca
tiona
l gro
ups a
repr
ovid
ed i
nsur
ance
cove
r un
der
the
Sche
me.
No
risk
invo
lved
.
The
pro
ject
ed o
utco
mes
are
subj
ect
to i
nfor
mal
labo
ur
mar
ket
cond
itio
ns,
low
inte
rmitt
ent i
ncom
e and
low
fi
nanc
ial
know
ledg
e, p
erfo
rman
ceof
Agg
rega
tors
an
dPo
ints
of
Pr
esen
ce(P
oPs)
.
Gov
ernm
ent i
s re
quir
edto
rep
leni
sh t
he S
ocia
lSe
curi
ty F
und
for
this
Sche
me
from
tim
e to
time.
-
A to
tal o
f 2,9
2,02
1ne
w s
ubsc
ribe
rsha
ve
been
regi
stere
d.
` 15
7.50
cro
rere
leas
ed.
44Outcome Budget 2013-2014
45
12
34
56
78
4(i)
4(ii)
BER
E
4 5 6 7
Maj
or H
ead
2416
–In
tere
st s
ubve
ntio
nfo
r pr
ovid
ing
shor
tte
rm
cred
it
tofa
rmer
s.
Maj
or H
ead
2416
–G
rant
s in
aid
for
revi
tali
sati
on
ofL
ong
Term
Coo
pera
tive
Cre
dit
Stru
ctur
e (LT
CC
S)
Maj
or H
ead
2416
–Fi
nanc
ial I
nclu
sion
Fund
(FIF
)
Maj
or H
ead
2416
–Fi
nanc
ial I
nclu
sion
Tech
nolo
gy F
und
(FIT
F)
Inte
rest
relie
f to
farm
ers o
nsh
ort
term
pro
duct
ion
cred
it.
Revi
taliz
atio
n of
Lon
g Ter
mC
oope
rati
ve
Cre
dit
Stru
ctur
e in
the c
ount
ry
Supp
ort
prom
otio
nal
and
deve
lopm
enta
l ac
tiviti
esw
ith a
vie
w t
o se
curi
nggr
eate
r fin
anci
al in
clus
ion,
parti
cula
rly am
ong
wea
ker
sect
ions
, lo
w
inco
me
grou
ps a
nd b
ackw
ard
regi
ons/
hith
erto
unb
anke
dar
eas.
To en
hanc
e inv
estm
ents
ini
nf
or
ma
ti
on
co
mm
un
ica
tio
nte
chno
logy
ai
med
at
prom
otin
g fi
nanc
ial
To p
rovi
de s
hort
ter
mpr
oduc
tion
cred
it at
7%
inte
rest
rate
to th
e fa
rmer
sup
to a
n am
ount
of
` 3.
00la
kh.
To p
rovi
de re
viva
l pac
kage
for
revi
taliz
atio
n of
Lon
gTe
rm C
oope
rativ
e C
redi
tSt
ruct
ure
To e
nsur
e ac
cess
to ti
mel
yan
d ad
equa
te c
redi
t an
dfin
anci
al se
rvic
es to
wea
ker
sect
ions
and
low
inc
ome
grou
ps at
an a
fford
able
cost
wit
h th
e ob
ject
ive
ofsu
ppor
ting
prof
essio
nal a
ndde
velo
pmen
tal
activ
ities
with
a v
iew
to
secu
ring
finan
cial
incl
usio
n
To e
xten
d fa
cilit
y un
der
tech
nolo
gica
l dev
elop
men
tto
ens
ure
acce
ss to
tim
ely
and
adeq
uate
cre
dit
and
fina
ncia
l se
rvic
es
to
Farm
ers
will
ben
efit
from
the m
uch
need
edin
tere
st re
lief o
n sh
ort-
term
loan
s.
Lon
g Te
rmC
oope
rati
ve C
redi
tSt
ruct
ure
in
the
coun
try
shal
l be
stren
gthe
ned
The
fi
nanc
iall
yex
clud
ed g
roup
s w
illbe
pr
ovid
ed
wit
hba
nkin
g se
rvic
e.
The
fi
nanc
iall
yex
clud
ed g
roup
s w
illbe
pr
ovid
ed
wit
hba
nkin
g se
rvic
e.
Thi
s is
a s
ubsi
dy t
ofa
rmer
s. N
o ri
sk fa
ctor
isin
volv
ed.
The G
over
nmen
t of I
ndia
had
cons
titut
ed a
Tas
kFo
rce
to
asse
ss
the
impa
ct
of
the
impl
emen
tatio
n of
the
AD
WD
RS,
200
8 an
dST
CC
S pa
ckag
e on
the
finan
cial
hea
lth o
f th
eLT
CC
S be
fore
impl
emen
ting
th
epa
ckag
e. T
his T
ask
Forc
eha
s su
bmitt
ed it
s re
port
whi
ch h
as b
een
acce
pted
by th
e Gov
t. Th
e pac
kage
is u
nder
fina
lizat
ion.
The
Fu
nd,
bein
gm
aint
aine
d by
NA
BA
RD
, ha
s be
enco
nstit
uted
with
shar
e in
the
ratio
of
40:4
0:20
by
GO
I,
RB
I an
dN
ABA
RD
. ` 1
0.00
cror
eea
ch re
leas
ed in
200
7-08
,20
09-1
0, 2
010-
11 a
nd20
11-1
2 as
GO
I sha
re.
The
Fu
nd,
bein
gm
aint
aine
d by
NA
BA
RD
, ha
s be
enco
nstit
uted
with
shar
e in
the
ratio
of
40:4
0:20
by
` 43
77.9
9 cr
ore
rele
ased
. -
NA
BA
RD,
whi
chis
man
agin
g th
isFu
nd,
conv
eyed
that
the
re i
s no
mor
e re
quire
men
tof
con
trib
utio
n by
GoI
, he
nce
prov
isio
n co
uld
not b
e util
ized
.
NA
BA
RD,
whi
chis
man
agin
g th
isFu
nd,
conv
eyed
that
the
re i
s no
mor
e re
quire
men
t
Department of Financial Services
6000
.00
5400
.00
500.
000.
01
20.0
0-
30.0
0-
46
12
34
56
78
4(i)
4(ii)
BER
E
8 9 10
Maj
or H
ead
2416
–G
rant
s in
aid
to
NA
BA
RD
fo
rW
omen
’s S
elf H
elp
Gro
ups
(SH
Gs)
Dev
elop
men
t Fun
d
MH
.288
5-Pa
ymen
tof
sub
sidy
to N
odal
Age
ncy i
.e. N
atio
nal
Hou
sing
Bank
Maj
or H
ead
3465
–T
rans
fer
toS
ec
ur
it
ie
sR
edem
ptio
n Fu
ndt
ow
ar
ds
subs
crip
tion
in t
he
incl
usio
n, s
tim
ulat
ing
tran
sfer
of
rese
arch
and
tech
nolo
gy i
n fi
nanc
ial
incl
usio
n,
incr
easi
ngte
chno
logi
cal
abso
rptio
nca
paci
ty
of
fina
ncia
lse
rvic
e pro
vide
rs/u
sers
.
The
fun
d w
ill
prov
ide
fina
ncia
l as
sist
ance
to
Wom
en S
HG
s in
unse
rved
and
unde
rser
ved
area
s.
The
pr
ovis
ion
is
for
prov
idin
g 1%
int
eres
tsu
bven
tion o
n ho
usin
g loa
nsup
to `
15.
00 la
kh th
roug
hno
dal a
genc
y i.e
. Nat
iona
lH
ousin
g Ba
nk.
To co
ntrib
ute
to S
ecur
ities
Red
empt
ion
Fund
for
rede
emin
g M
arke
tabl
eSe
curi
ties
issu
ed a
gain
stsu
bscr
ipti
on
in
the
Rig
hts
Issu
e of
equ
ity
wea
ker
sect
ions
and
low
inco
me
grou
ps
at
anaf
ford
able
cos
t w
ith t
heob
ject
ive
of s
tim
ulat
ing
the t
rans
fer o
f res
earc
h an
dte
chno
logy
in
fina
ncia
lin
clus
ion.
It w
ill p
rom
ote f
inan
cing
ofW
omen
’s
SHG
s in
back
war
d ar
eas/
distr
icts
ofth
e cou
ntry
.
The i
nter
est s
ubsid
y w
ill b
ero
uted
th
roug
h th
esc
hedu
led
com
mer
cial
bank
s an
d th
e ho
usin
gfi
nanc
e co
mpa
nies
regi
ster
ed w
ith N
atio
nal
Hou
sing
Ban
k.
This
is f
or tr
ansf
er t
o th
eSe
curi
ties
Red
empt
ion
Fund
cr
eate
d fo
rre
deem
ing
the G
over
nmen
tSe
curi
ties-
2024
iss
ued
toSB
I tow
ards
subs
crip
tion
to
GO
I,
RB
I an
dN
AA
BRD
. ` 1
0.00
cror
eea
ch w
as r
elea
sed
in20
07-0
8, 2
009-
10, 2
010-
11 a
nd 2
011-
12 a
s G
OI
shar
e.
This
is
gran
t as
sist
ance
and
is ou
tcom
e bas
ed. S
ono
risk
is in
volv
ed.
No
risk
fact
or in
volv
ed.
No
risk
fact
or is
invo
lved
as it
is o
nly
a tra
nsfe
r to
the
Secu
riti
esR
edem
ptio
n Fu
ndal
read
y cr
eate
d fo
r th
epu
rpos
e.
This
will
enab
le ba
nks
to
enha
nce
its
outr
each
to
the
poor
wom
en
in
the
back
war
d re
gion
s. It
wou
ld e
nabl
e Wom
enSH
Gs
to
take
up
livel
ihoo
d ac
tiviti
es.
Hou
sing
is
a ba
sic
requ
irem
ent
of t
hepo
pula
tion
. T
heho
usin
g se
ctor
has
ahu
ge p
oten
tial
for
ge
ne
ra
ti
ng
empl
oym
ent
dire
ctly
thro
ugh
labo
urin
tens
ive a
ctiv
ities
and
indi
rect
ly b
y cr
eatin
gad
ditio
nal d
eman
d fo
rin
dust
ries l
ike c
emen
tan
d st
eel.
A s
um o
f ` 6
25 c
rore
is t
o be
tra
nsfe
rred
ever
y ye
ar b
y th
eG
over
nmen
t to
thi
sFu
nd
crea
ted
for
rede
emin
g th
ese
46Outcome Budget 2013-2014
of c
ontr
ibut
ion
byG
oI,
henc
epr
ovis
ion
coul
dno
t be u
tiliz
ed.
As o
n 28
/12/
2012
,`
10.6
1 cr
ore g
rant
assi
stan
ce
has
been
rele
ased
from
this
fun
d. 2
3071
SHG
s ha
ve b
een
set
up a
nd 1
4969
SHG
s ha
ve b
een
cred
it lin
ked.
` 20
0.00
cro
resa
nctio
ned. -
200.
00-
400.
0050
0.00
625.
0062
5.00
47
12
34
56
78
4(i)
4(ii)
BER
E
11 12 13 14
Department of Financial Services
Rig
hts
issu
e of
equi
ty sh
are o
f Sta
teBa
nk o
f Ind
ia.
Maj
or H
ead
4416
-Re
capi
talis
atio
n of
Reg
iona
l R
ural
Bank
s (RR
Bs).
Maj
or H
ead
4416
-Su
bscr
ipti
on
toSh
are
Cap
ital
of
NA
BARD
.
Maj
or H
ead
4885
-Su
bscr
iptio
n to
the
shar
e ca
pita
l of
Indi
a Inf
rast
ruct
ure
Fina
nce
Com
pany
(IIF
CL)
Ltd
MH
48
85
–Su
bscr
iptio
n to
the
shar
e ca
pita
l of
EXIM
Ban
k
shar
es o
f St
ate
Ban
k of
Indi
a, 2
008.
To b
ring
Cap
ital
to R
isk
Wei
ghte
d A
sset
s R
atio
(CR
AR
) of
RR
Bs
to a
tle
ast 7
% in
a ti
me
boun
dm
anne
r and
furth
er to
9%
.
Aug
men
ting
of th
e cap
ital
base
of t
he N
atio
nal B
ank
for A
gric
ultu
re a
nd R
ural
Dev
elop
men
t (N
ABA
RD)
by i
nfus
ing
equi
ty o
f`
3000
cro
re.
To
supp
lem
ent
the
avai
labl
e lon
g te
rm fi
nanc
efo
r co
mm
erci
ally
via
ble
infr
astru
ctur
e pro
ject
s.
Stre
ngth
enin
g th
e eq
uity
base
of E
XIM
Ban
k.
200.
0053
5.00
500.
0010
00.0
0
400.
0040
0.00
200.
0020
0.00
its R
ight
s Is
sue
2008
, on
due
date
.
Rec
apit
alis
atio
n of
40
RRB
s to
hel
p th
em b
ring
thei
r C
RAR
to a
t lea
st 7
%
To s
tren
gthe
n th
e ca
pita
lba
se o
f N
AB
AR
D
and
ther
eby,
en
hanc
e it
sbo
rrow
ing
capa
city
to
mee
t it
s de
velo
pmen
tal
man
date
IIFC
L w
ill fi
ll th
e ga
p fo
rlo
ng t
erm
inf
rast
ruct
ure
finan
ce w
hich
ban
ks a
ndot
her i
nstit
utio
ns ar
e una
ble
to p
rovi
de.
Gro
w
the
Ban
k’s
disb
urse
men
ts
unde
rE
xpor
t Li
nes
of C
redi
t(L
OC
s) d
urin
g FY
2012
-13
to
US
$ 90
7 m
illio
n(A
bout
20%
gro
wth
ove
rth
e es
tim
ated
US
$ 75
6m
illio
n of
dis
burs
emen
tsun
der
LOC
s du
ring
FY
2011
-12)
.
Secu
ritie
s.
Impr
ovem
ent
infi
nanc
ial
heal
th o
fRR
Bs
so a
s to
redu
ceth
eir
loss
es
and
incr
ease
thei
r len
ding
capa
city
It
wil
l en
hanc
eN
AB
AR
D’
sbo
rrow
ing
capa
city
tom
eet
its
dev
elo
pm
en
tal
man
date
.
To in
crea
se th
e pa
id-
up
capi
tal
of
the
com
pany
. T
his
wil
lfa
cilit
ate t
he co
mpa
nyto
exp
and
its
loan
port
foli
o an
dst
reng
then
it
sfu
ndam
enta
ls.
Wil
l he
lp p
rom
ote
Indi
a’s
expo
rts
toot
her c
ount
ries
It
is
Gov
ernm
ent
inve
stm
ent.
No
risk
fact
or in
volv
ed.
This
is
Gov
ernm
ent
ofIn
dia’
s su
bscr
iptio
n to
stre
ngth
en t
he c
apita
lba
se o
f N
AB
ARD
. N
oris
k fa
ctor
is in
volv
ed.
As
a fi
nanc
ial
inte
rmed
iary
, IIF
CL
Ltd.
face
s cr
edit
risk,
mar
ket
risk
and
oper
atio
nal r
isk.
Cre
dit r
isk, l
iqui
dity
risk
,in
tere
st r
ate
risk
and
fore
ign
exch
ange
risk
` 20
0.00
cro
rere
leas
ed.
` 50
0.00
cro
rere
leas
ed.
Entir
e pro
visio
n of
` 40
0.00
cro
rere
leas
ed.
IIF
CL
cum
ula
tiv
ely
issu
ed s
anct
ions
for
325
proj
ects
amou
ntin
g to
` 72
,906
cro
re.
` 20
0.00
cro
rere
leas
ed.
EX
IMB
ank
exte
nded
tota
l lo
an
of`
62,9
64.6
1 cr
ore
(inc
ludi
ng G
OI
supp
orte
d LO
Cs)
48
12
34
56
78
4(i)
4(ii)
BER
E
48Outcome Budget 2013-2014
For
reca
pita
liza
tion
of
PSB
s th
roug
h eq
uity
supp
ort
to m
aint
ain
thei
rTi
er 1
CRA
R at
8%
as a
lso
to r
aise
Gov
ernm
ent
ofIn
dia’
s hol
ding
in a
ll PS
Bsto
58%
.
To
enab
le
the
PSB
sm
aint
ain
a co
mfo
rtab
lele
vel o
f Tie
r 1
CRA
R an
dto
rai
se G
over
nmen
t of
Indi
a’s h
oldi
ng in
all
PSBs
to 5
8%.
Com
fort
able
lev
el o
fC
RA
R e
nabl
es t
hePS
Bs t
o su
ppor
t th
ecr
edit
requ
irem
ents
ofth
e pro
duct
ive s
ecto
rsof
th
e ec
onom
yle
adin
g to
, am
ongs
tot
hers
, in
crea
sed
em
pl
oy
me
nt
oppo
rtuni
ties
and
the
over
all G
DP
grow
th in
the c
ount
ry.
It is
an in
vest
men
t by t
heG
over
nmen
t in
the P
SBs
to en
able
them
to re
spon
dpo
sitiv
ely a
nd ef
fect
ivel
yto
the
gro
win
g cr
edit
requ
irem
ents
of
th
epr
oduc
tive
sect
ors o
f the
econ
omy.
Maj
or H
ead
5465
–Re
capi
talis
atio
n of
Publ
ic S
ecto
r Ban
ks(P
SBs)
15-
1458
8.00
1251
7.00
49
Stat
emen
t on
Net
Pro
fits e
arne
d an
d D
ivid
ends
pai
d by
Pub
lic S
ecto
r E
nter
pris
es u
nder
Dep
artm
ent o
f Fin
anci
al S
ervi
ces
(` in
cro
re)
S.N
o.N
ame
of th
e B
ank/
Insu
ranc
eTo
tal p
aid
upG
ovt.
shar
e in
Prof
it A
fter
Div
iden
d pa
idB
E fo
rR
E fo
rB
E fo
rC
ompa
nyca
pita
l as o
npa
id u
p ca
pita
lTa
x 20
11-1
2fo
r 20
11-1
2pa
ymen
t of
paym
ent o
fpa
ymen
t of
31.0
3.20
12as
on
31.0
3.20
12D
ivid
end
Div
iden
dD
ivid
end
2012
-13
2012
-13
2013
-14
1.A
llaha
bad
Bank
500.
0327
6.21
1866
.79
165.
7317
5.00
182.
3020
0.53
2.A
ndhr
a Ban
k55
9.58
324.
5813
44.6
717
8.52
190.
0019
6.37
216.
013.
Bank
of B
arod
a41
1.12
223.
2850
07.0
037
9.58
400.
0041
7.54
459.
294.
Bank
of I
ndia
574.
5235
9.88
2677
.52
251.
9227
0.00
277.
1130
4.82
5.Ba
nk o
f Mah
aras
htra
589.
5946
5.50
430.
8315
8.27
85.0
017
4.10
191.
516.
Can
ara B
ank
443.
0030
0.00
3282
.71
330.
0035
0.00
363.
0039
9.30
7.C
entra
l Ban
k on
Indi
a73
6.11
582.
6353
3.00
245.
1212
0.00
269.
6329
6.60
8.C
orpo
ratio
n Ba
nk14
8.12
86.6
915
06.0
417
7.72
190.
0019
5.49
215.
049.
Den
a Ba
nk35
0.05
193.
3880
3.14
58.0
250
.00
63.8
270
.20
10.
Indi
an B
ank
429.
7734
3.82
1746
.97
297.
8627
5.00
327.
6536
0.41
11.
Indi
an O
vers
eas B
ank
796.
9955
4.86
1050
.13
249.
6922
0.00
274.
6630
2.12
12.
Ori
enta
l Ban
k of
Com
mer
ce29
1.76
169.
2211
41.5
613
3.68
190.
0014
7.05
161.
7513
.Pu
njab
Nat
iona
l Ban
k33
9.17
190.
2748
84.0
041
8.61
440.
0046
0.47
506.
5214
.Pu
njab
& S
ind
Ban
k23
4.20
183.
0545
1.28
36.6
160
.00
40.2
744
.30
15.
Synd
icat
e Ban
k60
1.94
398.
2813
13.3
915
1.35
160.
0016
6.49
183.
1316
.U
CO
Ban
k66
4.71
433.
3411
08.6
727
2.78
140.
0030
0.06
330.
0617
.U
nion
Ban
k of
Indi
a55
0.54
299.
2117
87.0
024
9.92
150.
0027
4.91
302.
4018
.U
nite
d B
ank
of In
dia
360.
9929
4.42
633.
0014
6.66
70.0
016
1.33
177.
4619
.Vi
jaya
Ban
k49
5.53
272.
6658
0.99
182.
1775
.00
200.
3922
0.43
20.
Stat
e Ban
k of
Indi
a67
1.04
413.
2511
707.
2914
46.3
811
50.0
015
91.0
217
50.1
221
.ID
BI B
ank
Ltd.
1278
.38
901.
5320
32.0
026
3.49
250.
0028
9.84
318.
8222
.EX
IM B
ank
2299
.99
2299
.99
675.
1020
5.00
200.
0020
5.00
245.
0023
.Li
fe In
sura
nce C
orpo
ratio
n of
Indi
a10
0.00
100.
0025
624.
5812
81.2
312
73.6
214
17.6
415
64.4
824
.G
ener
al In
sura
nce C
orpo
ratio
n of
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0.00
430.
00-2
468.
750.
0021
0.00
210.
0025
0.00
25.
Nat
iona
l Ins
uran
ce C
o. L
td.
100.
0010
0.00
324.
760.
0020
.00
0.00
0.00
26.
New
Indi
a Ass
uran
ce C
o. L
td.
200.
0020
0.00
179.
3240
.00
90.0
045
.00
60.0
027
.U
nite
d In
dia
Insu
ranc
e C
o. L
td.
150.
0015
0.00
386.
7978
.00
100.
0080
.00
120.
0028
.O
rient
al In
sura
nce C
o. L
td.
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253.
3950
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046
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56.8
0To
tal
1440
7.13
1064
6.05
7086
3.17
7448
.98
6933
.62
8377
.64
9307
.10
Department of Financial Services
NO
N-P
LA
N1
Agr
icul
tura
l Deb
t Wai
ver a
nd D
ebt R
elie
f Sch
eme
(AD
WD
RS),
2008
- Tr
ansf
er to
Far
mer
s' D
ebt
Relie
f Fun
d (M
H -
2235
)20
00.0
00.
010.
000.
010.
010.
000.
012
Deb
t Rel
ief/W
aive
r of l
oans
thro
ugh
lend
ing
inst
itutio
nsag
ains
t AD
WD
RS,
200
8 (M
H-2
235)
6000
.00
1500
.00
1176
.39
0.01
0.00
0.00
0.00
3Pa
ymen
t of i
nter
est t
o le
ndin
g in
stitu
tions
tow
ards
AD
WD
RS, 2
008
(MH
- 223
5)28
7.00
287.
0017
8.46
0.01
0.01
0.00
0.00
4Su
bsid
y to
Pub
lic S
ecto
r Gen
eral
Insu
ranc
e Com
pani
esfo
r Com
mun
ity b
ased
Uni
vers
al H
ealth
Insu
ranc
eSc
hem
e (M
H-2
235)
20.0
020
.00
13.6
00.
010.
010.
000.
005
Inte
rest
subs
idy
to L
IC fo
r Pen
sion
Pla
n fo
r sen
ior
citiz
ens (
MH
- 22
35)
199.
6119
0.38
182.
0418
2.25
140.
000.
0013
4.23
6.Sw
aval
amba
n sc
hem
e to
enc
oura
ge p
eopl
e fr
omun
orga
nize
d se
ctor
to jo
in N
ew P
ensi
on S
yste
m (N
PS)
6.1
Gov
ernm
ent's
co-
cont
ribut
ion
to su
bscr
iber
s of t
heN
ew P
ensi
on S
yste
m (N
PS) u
nder
Sw
aval
amba
nSc
hem
e (M
H-2
235)
200.
0010
0.00
30.0
020
0.00
110.
0015
.00
150.
006.
2Fu
ndin
g su
ppor
t for
pro
mot
iona
l and
dev
elop
men
tal
activ
ities
for e
nrol
men
t and
cont
ribut
ion
unde
rSw
aval
amba
n Sc
hem
e (M
H-2
235)
20.0
010
.00
10.0
020
.00
18.0
00.
0020
.00
7G
over
nmen
ts co
ntrib
utio
n to
aug
men
t the
Soc
ial
Secu
rity
Fund
mai
ntai
ned
by L
IC fo
r Jan
shre
eBi
ma Y
ojan
a (M
H- 2
235)
0.00
100.
0010
0.00
175.
0017
5.00
157.
500.
008
Gov
ernm
ent's
cont
ribut
ion
to A
am A
adm
i Bim
aYo
jana
(MH
- 223
5)0.
000.
000.
000.
000.
000.
005.
019
Gra
nts t
hrou
gh N
ABA
RD fo
r stre
ngth
enin
g Sh
ort T
erm
Co-
oper
ativ
e C
redi
t Stru
ctur
e (S
TCC
S) (M
H-2
416)
0.01
0.01
0.00
0.01
0.01
0.00
0.00
10In
tere
st S
ubve
ntio
n fo
r pro
vidi
ng sh
ort t
erm
cred
it to
farm
ers (
MH
-241
6)48
68.0
040
00.0
032
82.7
060
00.0
054
00.0
043
77.9
960
00.0
0
50Outcome Budget 2013-2014
Sum
mar
ised
Pos
ition
of S
chem
es u
nder
Dem
and
No.
34
- Dep
artm
ent o
f Fin
anci
al S
ervi
ces
S.N
o.Sc
hem
es/P
rogr
amm
es20
11-1
220
12-1
320
13-1
4BE
RE
Act
ual
BER
EA
ctua
lsBE
(Upt
o D
ec. 2
012)
51
S.N
o.Sc
hem
es/P
rogr
amm
es20
11-1
220
12-1
320
13-1
4BE
RE
Act
ual
BER
EA
ctua
lsBE
(Upt
o D
ec. 2
012)
11Re
viva
l of L
ong
Term
Coo
pera
tive
Cre
dit
Stru
ctur
e (LT
CC
S) (M
H-2
416)
1000
.00
0.01
0.00
500.
000.
010.
000.
0112
Con
tribu
tion
to F
inan
cial
Incl
usio
n Fu
nd (F
IF)
(MH
-241
6)10
.00
10.0
010
.00
20.0
00.
000.
000.
0013
Con
trib
utio
n to
Fin
anci
al In
clus
ion
Tech
nolo
gyFu
nd (F
ITF)
(M
H-2
416)
10.0
010
.00
10.0
030
.00
0.00
0.00
0.00
14Pa
ymen
t of S
ubsi
dy to
Nod
al A
genc
y i.e
., N
atio
nal
Hou
sing
Ban
k as
1%
subs
idy
for H
ousi
ng L
oan
(MH
-288
5)50
0.00
300.
0030
0.00
400.
0050
0.00
200.
0020
0.00
15G
rant
s to
ICIC
I Ban
k fo
r Ext
erna
l Aid
edC
ompo
nent
(MH
- 28
85)
0.00
0.00
0.00
8.90
8.90
0.00
0.01
16Re
dem
ptio
n of
secu
ritie
s iss
ued
to S
tres
sed
Ass
ets
Stab
iliza
tion
Fund
(SA
SF) (
MH
-288
5)0.
0030
0.00
300.
000.
0030
0.00
0.00
0.00
17In
tere
st S
ubsi
dy to
Goa
n Ba
nks (
MH
-288
5)0.
080.
040.
040.
000.
000.
000.
0018
Tran
sfer
to S
ecur
ities
Red
empt
ion
Fund
tow
ards
subs
crip
tion
in th
e Rig
hts I
ssue
of e
quity
shar
esof
SBI
(MH
- 346
5)62
5.00
625.
0062
5.00
625.
0062
5.00
0.00
625.
0019
Paym
ent t
o IC
ICI B
ank
for E
xcha
nge V
aria
tion
(MH
- 347
5)0.
000.
000.
0069
.09
69.0
90.
000.
0020
Purc
hase
of L
and
for c
onst
ruct
ion
of B
uild
ing
ofD
RT, C
hand
igar
h (M
H- 4
059)
0.00
0.01
0.00
0.01
0.00
0.00
0.00
21W
orld
Ban
k A
ssis
tanc
e to
Smal
l Ind
ustri
es D
evel
opm
ent
Bank
of I
ndia
(SID
BI) t
o im
prov
e ac
ess t
o M
icro
finan
cein
Indi
a un
der W
orld
Ban
k as
sist
ed M
icro
finan
cePr
ojec
t (M
H- 6
885)
14.0
014
.00
14.0
014
.00
1.00
0.52
12.4
0TO
TAL
NO
N-P
LA
N15
753.
7074
66.4
662
32.2
382
44.3
073
47.0
447
51.0
171
46.6
7
PLA
N22
Gra
nts-
in-a
id to
Nat
iona
l Ban
k fo
r Agr
icul
ture
and
Rur
alD
evel
opm
ent (
NA
BARD
) for
cre
atio
n of
Wom
ens S
elf
Hel
p G
roup
s (SH
Gs)
Dev
elop
men
t Fun
d (M
H -
2416
)0.
0010
0.00
100.
0020
0.00
0.00
0.00
100.
0023
Fina
ncia
l Sup
port
to th
e ban
k fo
r ope
ning
'No
Frill
s'ac
coun
ts u
nder
Sw
abhi
man
Sch
eme a
s par
t of
Fina
ncia
l Inc
lusi
on P
lan.
(FIP
) (M
H -
3465
)50
.00
0.00
0.00
0.00
0.00
0.00
0.00
Department of Financial Services
52
S.N
o.Sc
hem
es/P
rogr
amm
es20
11-1
220
12-1
320
13-1
4BE
RE
Act
ual
BER
EA
ctua
lsBE
(Upt
o D
ec. 2
012)
52Outcome Budget 2013-2014
24Fi
nanc
ial s
uppo
rt to
Sm
all I
ndus
tries
Dev
elop
men
t Ban
kof
Indi
a (S
IDBI
) for
crea
ting
an In
dia
Mic
rofin
ance
Equi
ty F
und
(MH
-346
5)0.
0010
0.00
100.
000.
000.
000.
0010
0.00
25Su
bscr
iptio
n to
shar
e cap
ital o
f Exp
ort I
mpo
rtBa
nk o
f Ind
ia (M
H -
4885
)30
0.00
300.
0030
0.00
200.
0020
0.00
200.
0070
0.00
26Eq
uity
supp
ort t
o In
dia
Infr
astru
ctur
e Fin
ance
Co.
Ltd
. (II
FCL)
(MH
-488
5)10
00.0
050
0.00
500.
0040
0.00
400.
0040
0.00
400.
0027
Subs
crip
tion
to sh
are
capi
tal o
f NA
BARD
(MH
- 441
6)0.
0010
00.0
010
00.0
050
0.00
1000
.00
500.
0070
0.00
28C
ontri
butio
n to
war
ds R
ecap
italis
atio
n of
Reg
iona
lRu
ral B
anks
(RRB
s) (M
H-4
416)
500.
0020
0.00
402.
4320
0.00
535.
0020
0.00
88.0
029
Reca
pita
lisat
ion
of P
ublic
Sec
tor B
anks
(MH
- 546
5)60
00.0
012
000.
0012
000.
0014
588.
0012
517.
000.
0014
000.
0030
Equi
ty C
aptia
l of L
IC o
f Ind
ia (M
H- 5
465)
0.00
0.00
95.0
00.
000.
000.
000.
00TO
TAL
PLA
N78
50.0
014
200.
0014
497.
4316
088.
0014
652.
0013
00.0
016
088.
00G
RA
ND
TO
TAL
2360
3.70
2166
6.46
2072
9.66
2433
2.30
2199
9.04
6051
.01
2323
4.67
Part
A- N
on P
lan
Item
s1
Secr
etar
iat -
Gen
eral
Ser
vice
s20
5212
.40
14.1
713
.56
15.0
214
.08
14.0
415
.07
21.6
212
.53
Oth
er F
isca
l Ser
vice
s2
Oth
er E
xpen
ditu
re (S
peci
al C
ourt
&O
ffice
of C
usto
dian
)20
478.
447.
647.
397.
787.
787.
488.
236.
504.
44O
ther
Adm
inis
trat
ive
Serv
ices
3A
ppel
late
Aut
horit
y fo
r Ind
ustri
al an
dFi
nanc
ial R
econ
stru
ctio
n (A
AIF
R)20
702.
202.
452.
272.
572.
382.
232.
532.
321.
714
Boar
d fo
r Ind
ustri
al a
nd F
inan
cial
Reco
nstr
uctio
n (B
IFR)
2070
8.43
13.0
412
.84
12.1
910
.98
9.69
12.3
49.
977.
695
Deb
t Rec
over
y Tr
ibun
als (
DRT
s)20
7038
.78
41.0
538
.43
48.0
643
.67
43.4
444
.25
51.5
037
.71
6Pe
nsio
n Fu
nd R
egul
ator
y and
Dev
elop
men
tA
utho
rity
(PFR
DA
)20
7016
.00
16.0
08.
0016
.00
16.0
016
.00
22.0
020
.95
10.9
3To
tal -
Oth
er A
dmin
istr
ativ
e Se
rvic
es65
.41
72.5
461
.54
78.8
273
.03
71.3
681
.12
84.7
458
.04
Oth
er G
ener
al E
cono
mic
Ser
vice
s7
Oth
er E
xpen
ditu
re (O
ffice
of C
ourt
Liqu
idat
or, K
olka
ta)
3475
0.47
1.54
0.47
0.62
0.62
0.50
0.52
0.52
0.51
8Pa
ymen
t to
ICIC
I Ban
k fo
r Exc
hang
e Var
iatio
n34
75…
……
……
.…
69.0
969
.09
…To
tal
- Oth
er G
ener
al E
cono
mic
Ser
vice
s0.
471.
540.
470.
620.
620.
5069
.61
69.6
10.
51C
apita
l Out
lay
on P
ublic
Wor
ks9
Deb
t Rec
over
y Tr
ibun
al (D
RT)
9.01
Purc
hase
of l
and
for c
onst
ruct
ion
ofBu
ildin
g of
DRT
, Cha
ndig
arh
4059
……
……
0.01
...0.
01...
...To
tal -
Cap
ital O
utla
y on
Pub
lic W
orks
……
……
0.01
...0.
01...
...In
dust
rial
Fin
anci
al In
stitu
tions
10Pa
ymen
t of S
ubsi
dy t
o N
odal
Age
ncy
i.e.
Nat
iona
l Hou
sing
Ban
k28
8570
0.00
100.
0038
.54
500.
0030
0.00
300.
0040
0.00
500.
0020
0.00
11Re
dem
ptio
n of
Sec
uriti
es is
sued
to S
ASF
2885
...30
0.00
300.
00…
300.
0030
0.00
…30
0.00
...12
Gra
nts t
o In
dust
rial
Dev
elop
men
t Ban
k of
Indi
a28
8515
4.33
154.
3315
4.33
……
……
……
13Su
bcrip
tion
to sh
are c
apita
l of E
xpor
t-Im
port
Ban
k of
Indi
a48
8530
0.00
300.
0030
0.00
……
……
……
Stat
emen
t sho
win
g ac
tual
exp
endi
ture
vis
-a-v
is B
E/R
E p
rovi
sion
s for
the
year
s 201
0-11
, 201
1-12
and
201
2-13
(` in
Cro
re)
53
S.N
o.D
escr
iptio
n of
Item
s/Sc
hem
esM
ajor
2010
-11
2011
-12
2012
-13
Hea
dBE
RE
Act
ual
BER
EA
ctua
lsBE
RE
Act
ual a
s on
31 D
ec.2
012)
Department of Financial Services
54
S.N
o.D
escr
iptio
n of
Item
s/Sc
hem
esM
ajor
2010
-11
2011
-12
2012
-13
Hea
dBE
RE
Act
ual
BER
EA
ctua
lsBE
RE
Act
ual a
s on
31 D
ec.2
012)
14Eq
uity
supp
ort t
o II
FCL
4885
500.
0050
0.00
200.
00…
……
……
…15
Gra
nts t
o IC
ICI B
ank
for E
xter
nal
Aid
ed C
ompo
nent
2885
……
82.3
3…
…...
8.90
8.90
...To
tal -
Indu
stri
al F
inan
cial
Inst
itutio
ns16
54.3
313
54.3
310
75.2
050
0.00
600.
0060
0.00
408.
9080
8.90
200.
00A
gric
ultu
ral F
inan
cial
Inst
itutio
ns16
Gra
nts t
hrou
gh N
atio
nal B
ank
for A
gric
ultu
rean
d Ru
ral D
evel
opm
ent (
NA
BA
RD) f
orst
reng
then
ing
the S
hort
Term
Coo
pera
tive
Cre
dit S
truct
ure (
STC
CS)
2416
984.
6510
14.6
510
14.6
50.
010.
01...
0.01
0.01
...17
Inte
rest
Sub
vent
ion
for p
rovi
ding
Sho
rtTe
rm C
redi
t to
Farm
ers
2416
3000
.00
4000
.00
3531
.19
4868
.00
4000
.00
3282
.70
6000
.00
5400
.00
4377
.99
18Re
viva
l of L
ong
Term
Coo
pera
tive
Cre
dit
Stru
ctur
e (LT
CC
S)24
1610
00.0
050
0.00
…10
00.0
00.
01…
500.
000.
01…
19C
ontr
ibut
ion
to F
inan
cial
Incl
usio
n F
und
(FIF
)24
1610
.00
10.0
010
.00
10.0
010
.00
10.0
020
.00
……
20C
ontri
butio
n to
Fin
anci
al In
clus
ion
Tech
nolo
gy F
und
(FIT
F).
2416
10.0
010
.00
10.0
010
.00
10.0
010
.00
30.0
0…
…21
Gov
ernm
ent's
cont
ribut
ion
tow
ards
Reca
pita
lisat
ion
of R
egio
nal
Rura
l Ban
ks (R
RBs
)44
16…
350.
0066
.49
……
……
……
Tota
l - A
gric
ultu
ral F
inan
cial
Inst
itutio
ns50
04.6
558
84.6
546
32.3
358
88.0
140
20.0
233
02.7
065
50.0
154
00.0
243
77.9
9G
ener
al F
inan
cial
and
Tra
ding
Inst
itutio
ns22
Tran
sfer
to S
ecur
ities
Red
empt
ion
Fund
for
rede
emin
g Se
curit
ies i
ssue
d ag
ains
tsu
bscr
iptio
n in
the
Righ
ts is
sues
of
Equi
ty S
hare
s of S
tate
Ban
k of
Indi
a34
6562
5.00
625.
0062
5.00
625.
0062
5.00
625.
0062
5.00
625.
00…
23Re
capi
taliz
atio
n of
Pub
lic S
ecto
r Ban
ks54
6516
500.
0014
157.
0014
117.
23…
……
……
…24
Gov
ernm
ent's
cont
ribut
ion
tow
ards
capi
tal
for s
ettin
g up
of C
entr
al E
lect
roni
c Re
gist
ryun
der S
ARF
AES
I Act
, 200
254
6525
.00
25.0
025
.00
……
……
……
25W
orld
Ban
k A
ssis
tanc
e to
Smal
l Ind
ustr
ies
Dev
elop
men
t Ban
k of
Indi
a (S
IDBI
) to
impr
ove
acce
ss to
Mic
rofin
ance
in In
dia
unde
r Wor
ldBa
nk a
ssis
ted
Mic
rofin
ance
Pro
ject
.54
650.
0042
0.12
411.
9014
.00
……
……
…68
85…
……
…14
.00
14.0
014
.00
1.00
0.52
Outcome Budget 2013-2014
55
S.N
o.D
escr
iptio
n of
Item
s/Sc
hem
esM
ajor
2010
-11
2011
-12
2012
-13
Hea
dBE
RE
Act
ual
BER
EA
ctua
lsBE
RE
Act
ual a
s on
31 D
ec.2
012)
26In
tere
st S
ubsi
dy to
Goa
n Ba
nks
2885
0.08
0.08
0.08
0.08
0.04
0.04
……
…To
tal -
Gen
eral
Fin
anci
al a
nd T
radi
ngIn
stitu
tions
1715
0.08
1522
7.20
1517
9.21
639.
0863
9.04
639.
0463
9.00
626.
000.
52So
cial
Sec
urity
and
Wel
fare
27D
ebt W
aive
r and
Deb
t Rel
ief S
chem
efo
r Far
mer
s27
.01
Tran
sfer
to F
arm
ers D
ebt R
elie
f Fun
d22
3512
000.
0016
000.
0016
000.
0020
00.0
00.
010.
000.
010.
010.
0027
.02
Pay
men
t to
lend
ing
inst
itutio
ns a
gain
st D
ebt
Wai
ver a
nd D
ebt R
elie
f to
Farm
ers
2235
1200
0.00
1200
0.00
1134
0.47
6000
.00
1500
.00
1176
.39
0.01
0.00
0.00
27.0
3 P
aym
ent o
f int
eres
t to
lend
ing
inst
itutio
ns22
3514
34.0
014
34.0
014
34.0
028
7.00
287.
0017
8.46
0.01
0.01
0.00
Tota
l - D
ebt W
aive
r an
d D
ebt R
elie
fSc
hem
e fo
r Fa
rmer
s25
434.
0029
434.
0028
774.
4782
87.0
017
87.0
113
54.8
50.
030.
020.
0028
Subs
idy
to p
ublic
sect
or g
ener
al in
sura
nce
com
pani
es fo
r Com
mun
ity b
ased
Uni
vers
alH
ealth
Insu
ranc
e Sch
eme (
UH
IS)
2235
20.0
025
.00
22.0
020
.00
20.0
013
.60
0.01
0.01
0.00
29In
tere
st S
ubsi
dy to
LIC
for P
ensi
on P
lan
for S
enio
r Citi
zens
2235
209.
3217
5.70
175.
7019
9.61
190.
3818
2.04
182.
2514
0.00
0.00
30Sw
aval
amba
n Sc
hem
e to
enco
urag
e pe
ople
from
uno
rgan
ised
sect
or to
join
New
Pens
ion
Syst
em (N
PS)
30.0
1G
over
nmen
t's co
-con
tribu
tion
to su
bscr
iber
sof
the
New
Pen
sion
Sys
tem
(NPS
) und
erSw
aval
amba
n Sc
hem
e22
35…
100.
0050
.00
200.
0010
0.00
30.0
020
0.00
110.
0015
.00
30.0
2Fu
ndin
g su
ppor
t for
pro
mot
iona
l and
deve
lopm
enta
l act
iviti
es fo
r enr
olm
ent a
ndco
ntrib
utio
n un
der S
wav
alam
ban
Sche
me
2235
…10
.00
3.50
20.0
010
.00
10.0
020
.00
18.0
00.
0031
Gov
ernm
ent's
cont
ribut
ion
to a
ugm
ent t
heSo
cial
Sec
urity
Fun
d m
aint
aine
d by
LIC
for J
ansh
ree
Bim
a Yo
jana
(JBY
)22
35…
……
…10
0.00
100.
0017
5.00
175.
0015
7.50
Tota
l - S
ocia
l Sec
urity
and
Wel
fare
2566
3.32
2974
4.70
2902
5.67
8726
.61
2207
.39
1690
.49
577.
2944
3.03
172.
50TO
TAL
NO
N -
PLA
N49
559.
1052
306.
7749
995.
3715
855.
9475
61.9
763
25.6
183
49.2
474
60.4
248
26.5
3
55 Department of Financial Services
56
S.N
o.D
escr
iptio
n of
Item
s/Sc
hem
esM
ajor
2010
-11
2011
-12
2012
-13
Hea
dBE
RE
Act
ual
BER
EA
ctua
lsBE
RE
Act
ual a
s on
31 D
ec.2
012)
PAR
T B
- P
lan
Item
s1
Subs
crip
tion
to sh
are
capi
tal o
f Exp
ort-
Impo
rt B
ank
of In
dia
4885
……
…30
0.00
300.
0030
0.00
200.
0020
0.00
200.
002
Indi
a Inf
rast
ruct
ure F
inan
ce C
ompa
nyLi
mite
d (I
IFC
L)48
85…
……
1000
.00
500.
0050
0.00
400.
0040
0.00
400.
003
Gra
nts-
in-a
id to
Nat
iona
l Ban
k fo
r Agr
icul
ture
and
Rura
l Dev
elop
men
t (N
AB
ARD
) for
crea
tion
of W
omen
's Se
lf H
elp
Gro
ups
(SH
Gs)
Dev
elop
men
t Fun
d24
16…
……
…10
0.00
100.
0020
0.00
......
4Su
bscr
iptio
n to
shar
e cap
ital o
f Nat
iona
lBa
nk fo
r Agr
icul
ture
and
Rur
alD
evel
opm
ent (
NA
BARD
)44
16…
……
…10
00.0
010
00.0
050
0.00
1000
.00
500.
005
Gov
ernm
ent's
cont
ribut
ion
tow
ards
Reca
pita
lisat
ion
of R
egio
nal R
ural
Ban
ks (R
RBs
)44
16…
……
500.
0020
0.00
402.
4320
0.00
535.
0020
0.00
6A
cqui
sitio
n co
st o
f RBI
's st
ake
in N
AB
ARD
5465
…14
30.0
014
30.0
0…
……
……
…7
Acq
uisi
tion
cost
of R
BI's
stak
e in
NH
B54
65…
450.
00…
……
……
……
8Re
capi
taliz
atio
n of
Pub
lic S
ecto
r Ban
ks54
65…
6000
.00
6000
.00
6000
.00
1200
0.00
1200
0.00
1458
8.00
1251
7.00
…9
Equi
ty C
aptia
l of L
IC o
f Ind
ia54
65…
……
……
95.0
0...
......
10Fi
nanc
ial s
uppo
rt to
the b
anks
for o
peni
ng'N
o Fr
ills'
acco
unts
und
er S
wab
him
an S
chem
eas
par
t of F
inan
cial
Incl
usio
n Pl
an34
65…
……
50.0
0…
……
……
11Fi
nanc
ial S
uppo
rt fo
r ope
ning
ban
k br
anch
esin
unb
anke
d bl
ocks
3465
50.0
050
.00
……
……
……
…12
Fina
ncia
l Sup
port
to S
mal
l Ind
ustri
esD
evel
opm
ent B
ank
of In
dia
(SID
BI) f
orcr
eatin
g an
Indi
a M
icro
finan
ce E
quity
Fun
d34
65…
……
…10
0.00
100.
00…
……
TOTA
L PL
AN
50.0
079
30.0
074
30.0
078
50.0
014
200.
0014
497.
4316
088.
0014
652.
0013
00.0
0G
RA
ND
TO
TAL
4960
9.10
6023
6.77
5742
5.37
2370
5.94
2176
1.97
2082
3.04
2443
7.24
2211
2.42
6126
.53
Perc
enta
ge w
.r.t R
E97
.82%
95.6
9%27
.71%
Outcome Budget 2013-2014
57
S.N
o.D
escr
iptio
n20
10-1
120
11-1
220
12-1
3BE
RE
Act
uals
BER
EA
ctua
lsBE
RE
Act
uals
(as
on 3
1 D
ec. 1
2)
Rev
enue
Sec
tion
1Sa
larie
s43
.12
48.1
447
.08
51.5
146
.06
47.7
849
.75
53.4
144
.80
2W
ages
0.26
0.26
0.18
0.26
0.31
0.24
0.51
0.51
0.31
3O
TA0.
180.
160.
110.
160.
110.
080.
150.
060.
044
Med
ical
Tre
atm
ent
0.84
1.01
0.78
1.00
0.99
0.80
0.99
0.94
0.59
5D
omes
tic T
rave
l Exp
ense
s1.
401.
311.
161.
371.
221.
271.
381.
280.
946
Fore
ign
Trav
el E
xpen
ses
0.40
0.40
0.27
0.45
0.50
0.36
0.50
0.15
0.08
7O
ffice
Exp
ense
s8.
318.
457.
629.
047.
977.
798.
3814
.47
6.55
8Re
nt, R
ates
& T
axes
10.5
914
.44
13.9
817
.45
16.3
514
.99
13.2
914
.03
8.53
9Pu
blic
atio
ns0.
300.
300.
170.
300.
300.
220.
350.
230.
1510
Oth
er A
dmin
istra
tive E
xp.
0.25
0.25
0.19
0.25
0.25
0.24
0.25
0.25
0.16
11A
dvt.
& P
ublic
ity0.
230.
350.
300.
260.
460.
310.
380.
210.
1512
Min
or W
orks
0.27
0.26
0.25
0.26
0.36
0.35
0.31
0.30
0.26
13Pr
ofes
sion
al S
ervi
ces
2.44
1.23
1.07
1.32
1.12
0.83
1.32
1.01
0.68
14G
rant
s-in
-Aid
(Gen
eral
)12
04.9
812
44.9
812
62.8
186
.01
226.
0122
6.00
244.
4140
.86
6.23
15C
ontri
butio
n64
5.00
745.
0069
5.00
845.
0022
0.00
150.
0042
5.00
285.
0017
2.50
16Su
bsid
y49
29.4
048
00.7
837
67.5
165
87.6
945
10.4
337
78.3
870
82.2
660
40.0
245
77.9
917
Gra
nts-
in-A
id (S
alar
ies)
0.00
0.00
0.00
0.00
0.00
0.00
6.50
7.00
4.70
18Lu
mps
um0.
471.
540.
470.
620.
620.
500.
520.
520.
5119
Exch
ange
Var
iatio
n0.
000.
000.
000.
000.
000.
0069
.09
69.0
90.
0020
Inte
rest
1434
.00
1434
.00
1434
.00
287.
0028
7.00
178.
460.
010.
010.
0021
Oth
er ch
arge
s12
001.
6712
301.
8011
641.
8060
01.9
918
02.8
914
78.0
14.
8730
5.06
0.84
22In
ter A
ccou
nt T
rans
fer
1200
0.00
1600
0.00
1600
0.00
2000
.00
625.
0162
5.00
625.
0162
5.01
0.00
Tota
l Rev
enue
Sec
tion
3228
4.10
3660
4.65
3487
4.75
1589
1.94
7747
.96
6511
.61
8535
.23
7459
.42
4826
.01
Cap
ital S
ectio
n23
Inve
stm
ents
1732
5.00
2363
2.12
2255
0.63
7814
.00
1400
0.01
1429
7.43
1588
8.01
1465
2.00
1300
.00
24Lo
ans
0.00
0.00
0.00
0.00
14.0
014
.00
14.0
01.
000.
52To
tal C
apita
l Sec
tion
1732
5.00
2363
2.12
2255
0.63
7814
.00
1401
4.01
1431
1.43
1590
2.01
1465
3.00
1300
.52
Gra
nd T
otal
(Gro
ss)
4960
9.10
6023
6.77
5742
5.38
2370
5.94
2176
1.97
2082
3.04
2443
7.24
2211
2.42
6126
.53
Obj
ect h
ead-
wis
e ac
tual
Exp
endi
ture
vis
-a-v
is B
E/R
E p
rovi
sion
s for
the
year
s 201
0-11
, 201
1-12
and
201
2-13
57
(` in
Cro
re)
Department of Financial Services
58
ANALYSIS OF BUDGET PROVISIONS AND ACTUAL EXPENDITURE DURING 2010-11, 2011-12 AND 2012-13
During 2010-11, the provision was 49,609.10 crore in BE(`32,284.10 crore under Revenue and `17,325.00 crore underCapital Section). This was increased to 60,236.77 crore in RE(Revenue Section was increased to 36,604.65 crore and CapitalSection to `23,632.12 crore). Actual Expenditure was`57,425.38 crore (`34874.75 crore under Revenue and`22,550.63 crore under Capital Section). During 2010-11, about99.80% funds have been spent for different programmes relatingto Industrial Financial Institutions, Agricultural FinancialInstitutions, General Financial & Trading Institutions and SocialSecurity and Welfare. Expenditure towards secretariat and otheradministrative services was less than 0.20% of the totalexpenditure of the Department.
During 2011-12, the provision was 23,705.94 crore in BE(`15,891.94 crore under Revenue Section and `7,814 croreunder Capital Section). This was brought down to `21,761.97crore in RE 2011-12 (Provisions under Revenue Section werereduced to `7747.96 crore whereas the provisions under CapitalSection were increased to `14,014.01 crore). Actual Expenditurewas `20,823.04 crore (`6511.61 crore under Revenue and`14311.43 crore under Capital Section). In 2011-12 also, morethan 99% of the funds were allocated towards different subsidyprogrammes and capitalisation initiatives in respect of Industrial
Financial Institutions, Agricultural Financial Institutions, GeneralFinancial & Trading Institutions and Social Security and Welfaremeasures.
During 2012-13, the provision was 24,437.24 crore in BE(`8535.23 crore under Revenue Section and `15902.01 croreunder Capital Section). This was revised down to `22112.42crore in RE 2012-13 (Revenue Section `7459.42 crore andCapital Section `14,653 crore). Actual Expenditure uptoDecember, 2012 was, however, to the extent of `6126.53 crore(`4826.01 crore under Revenue and `1300.52 crore underCapital Section). As the proposals relating to capitalisation ofPublic Sector Banks are likely to be taken up in the last quarterof 2012-13, expenditure position upto December, 2012 isproportionately on the lower side. In 2012-13 also, more than99% of the funds were allocated towards different subsidyprogrammes and capitalisation initiatives in respect of IndustrialFinancial Institutions, Agricultural Financial Institutions, GeneralFinancial & Trading Institutions and Social Security and Welfaremeasures.
Overall trends of expenditure (` in crore) relating to variousprogrammes during last three years (2010-11 to 2012-13) aredepicted in the following Bar Chart:
Outcome Budget 2013-2014
59
STATEMENT ON SURRENDER AND SAVINGS DURING THE FINANCIAL YEAR 2011-12
During the financial year 2011-12, original provision was`23705.94 crore (`15891.94 crore under Revenue and 7814.00crore under Capital Section). This was augmented to 30703.40crore by obtaining Supplementary Grant of `6997.46 crore(`500.02 crore under Revenue and 6497.44 crore under CapitalSection). Against this, expenditure of `20823.04 crore was
incurred resulting in net savings of 9880.36 crore. The savingsof `9880.36 crore were the net effect of total savings of`11216.92 crore and total excess of `1336.56 crore.Categorisation of major savings (more than one crore) isindicated below:
(` in crore)
S.No.
1.
2.
3.
Sub Head/Scheme/Programme
Board for Industrial and FinancialReconstruction (BIFR)
Debt Recovery Tribunals (DRTs)
Equity support to India InfrastructureFinance Co. Ltd. (IIFCL)
Savings
2.50
4.62
500.00
Remarks/Reasons
Savings were due to less actual requirement of funds whichcould not be anticipated in advance. Savings under‘Salary’ for BIFR and DRTs were due to non filling ofcertain vacant posts which were expected to be filled up.
Keeping in view the financial position of IIFCL, theoriginal provision of 1000 crore was reduced to 500crore in RE, resulting in stated savings.
(ii) Under/Non Utilisation: Savings due to Non-implementation/delay in execution of projects/schemes:(` in crore)
S.No.
1.
2.
3.
4.
5.
6.
7.
Sub Head/Scheme/Programme
Revival of Long Term Cooperative CreditStructure (LTCCS)
Financial support to the Banks for opening‘No Frills’ accounts under SwabhimanScheme
Swavalamban Scheme to encourage peoplefrom unorganized sector to join New PensionSystem (NPS)
Payment to LIC of India for Pension Planfor Senior Citizens
Interest subvention for providing short termcredit to farmers
Payment of subsidy in respect of 1% interestsubvention scheme on Housing Loan
Contribution of Government’s share forrecapitalization of Regional Rural Banks(RRBs)
Savings
1000.00
50.00
180.00
17.57
1585.30
200.00
97.57
Remarks/Reasons
Package on Revival of Long Term Cooperative CreditStructure (LTCCS) was under revision and therefore,the entire provision remained unutilised.
This scheme was subsumed with Financial Inclusion,resulting in savings of the entire provision.
As the enrolment under Swavalamban Scheme was notat the expected level, the entire provision could not beutilised, resulting in savings.
Subsidy to LIC for Pension Plan for Senior Citizens isbased on actual calculation of the amount of subsidy,required for an effective yield of 9% to the investor. Asthe actual requirement was less, there was saving.
Claims under the Scheme were not forthcoming at theexpected level, resulting in savings.
As the claims received from Nodal Agency i.e. NationalHousing Bank (NHB) were not enough to utilise theentire provision, there was saving on this account.
Release of share of the Central Government under theScheme is contingent upon release of proportionate shareby the concerned State Government/ Sponsor Banks.Thus, funds could be utilised only to the extent of theamount released by the concerned State Government/Sponsor Banks resulting in the stated savings.
(i) Normal Savings: Savings resulting from economic use of resources:
Department of Financial Services
60
(i) Surrenders: Savings due to obsolete/defunct project/scheme or due to completion of a project/scheme and the funds areno more required:
(` in crore)S.No.
1.
2.
3.
4.
Sub Head/Scheme/Programme
Relief/Waiver of Loans through lendinginstitutions against Agricultural Debt Waiverand Debt Relief Scheme, 2008
Payment of interest to lending institutionstowards Agricultural Debt Waiver and DebtRelief Scheme, 2008
Farmers’ Debt Relief Fund forimplementation of Debt Waiver and DebtRelief Scheme, 2008
Payment to Public Sector GICs forcommunity based Universal HealthInsurance Scheme (UHIS)
Savings
4823.61
108.54
2000.00
6.40
Remarks/Reasons
As the implementation period of the scheme was over,only left over claims were due from the nodal agencies,i.e., Reserve Bank of India (RBI) and National Bank forAgriculture and Rural Development (NABARD). Theamount of claims was less than what was expected,resulting in savings.
An amount of 4000.00 crore (transferred to the Farmers’Debt Relief Fund during 2010-11) was already availablefor utilisation during the year 2011-12. As the likelyclaims for reimbursement under Agricultural DebtWaiver and Debt Relief Scheme were less than thisamount, there was no requirement of further transfer tothe Fund during the year 2011-12.
As per actual claims of subsidy from the Public SectorGeneral Insurance Companies under UHIS, there wasless requirement of fund.
Note:- This annexure is included in compliance of O.M.No.7(1)-B(AC)/2011 dated 23rd March, 2012 of Budget Division regardingsegregation of savings due to normal savings, under/non-utilization & surrender of funds for the financial year 2011-12 asdesired by the Standing Committee on Finance in its 33rd Report.
Outcome Budget 2013-2014
61
REVIEW OF PERFORMANCE OF STATUTORY AND AUTONOMOUS BODIES
Public Sector Banks (PSBs)
Public Sector Banks (PSBs) play a major role in the financialsector of our country. As part of their mandate, PSBs haveextended credit to diverse sectors and priority areas includingthe Agriculture sector, Medium, Small and Micro Enterprises(MSME) Sector, Weaker Sections, Self- Help Groups andGovernment sponsored programmes etc.
Balance Sheet size of many PSBs grew more robustly during2011-12. Besides meeting the requirement of employmentintensive sectors such as Agriculture and Micro and SmallEnterprises, PSBs have also met the credit requirement ofcorporate sector. Despite good performances on almost all frontsin the previous year, the PSBs face innumerable challenges during2012-13 which include higher provisioning requirements onaccount of NPAs due to stress in major sectors of our economy.
PSBs are required to maintain capital at a certain level asregulated entities and listed entities, and also to maintain publicconfidence in them. The Government is committed to keep allPSBs adequately capitalized towards this and the Governmenthas decided to infuse capital to the tune of 12517 Crore in PSBsduring the year 2012-13 in order to adequately meet the creditrequirements of productive sectors of our economy as well as tomaintain their Tier-I Credit to Risk Weighted Assets Ratio(CRAR) at a comfortable level.
National Bank of Agriculture and Rural Development(NABARD)
NABARD promotes integrated rural development by providingcredit for agriculture, small and cottage and village industries andallied activities in rural areas, refinances loans granted for agriculturaldevelopment by State Cooperative Banks (SCBs), State CooperativeAgriculture and Rural Development Banks (SCARDBs), ScheduledCommercial Banks and Regional Rural Banks (RRBs) and providesdirect financial assistance to certain types of institutions as approvedby the Government of India.
Short term credit is refinanced by NABARD to CooperativeBanks and Regional Rural Banks to finance seasonal agriculturaloperations, marketing of crops, marketing and distribution ofagricultural inputs, production, procurement, marketing activitiesof cottage, village and small scale industrial cooperative societies,individual weavers, master weavers , handloom weavers groups,primary and apex weaver societies and State Handloom andHandicrafts Development Corporations. Short Term refinance isalso extended to Commercial Banks for meeting the working capitalrequirement of State Handloom Development Corporations. Therefinance during the last three years are as under :
(` in Crore)Agency 2009-10 2010-11 2011-12 2012-13
(upto31.12.2012)Sanct. Max. O/S Sanct. Max. O/S Sanct. Max. O/S Sanct. Max. O/S
Coop Banks 18286.59 17617.44 23975.09 23894.86 34410.15 34402.62 44589.69 32215.58RRBs 7374.13 7098.03 10399.69 10301.03 14602.66 14578.66 21573.40 15093.15Total 25660.72 24715.47 34374.78 34195.89 49012.81 48981.28 66163.09 47308.73
Medium Term Conversion loan is also provided toCooperative Banks and Regional Rural Banks to support farmerswho are unable to repay production credit dues to the banks dueto natural calamities. Refinance is provided to all Rural FinancialInstitutions including Commercial Banks for investment purposesin farm and off farm activities leading to increased productionand incremental income to farmers and entrepreneurs. Theinvestments financed included minor irr igation, landdevelopment, farm mechanization, plantation and horticulture,storage and market yards, allied agricultural activities such asdairy, poultry, sheep / goat / piggery, fishery, rural housing, nonfarm sector activities, etc. These investments lead to privatecapital formation in rural areas. The Bank has provided refinancefor such purposes during the last three years [including Self HelpGroups (SHGs) financing] as follows :
(` in Crore)Agency Disbursement Disbursement Disbursement Target for Disbursement
during 2009-10 during 2010-11 during 2011-12 2012-13 during 2012-13(Upto 1.2.13)
SCARDBs 2221.30 2351.85 2444.93 2300.00 822.10SCBs 1251.95 1356.62 1192.29 2378.00 1643.39Commercial Banks 6057.19 7348.49 8433.75 6524.00 1590.06RRBs 2457.46 2287.84 3086.19 5138.00 3336.88PUCBs/ADFCs 21.18 141.07 264.53 650.00 331.20Others 0.00 0.00 0.00 0.00 0.00Total 12009.08 13485.87 15421.70 16990.00 7723.63
During 2009-10, as against farm credit target of `3,25,000crore, Commercial Banks, Cooperative Banks and RegionalRural Banks had financed 482.30 lakh farmers with a credit of`3,84,514 crore. During 2010-11, as against farm credit targetof `3,75,000 crore, they had disbursed credit to the tune of`4,68,291 crore covering 549.60 lakh farmers. During 2011-12,as against farm credit target of 4,75,000 crore, they had disbursedcredit to the tune of 5,11,029 crore covering 646.57 lakhs werebrought into the fold of banking system.
Pension Fund Regulatory and Development Authority(PFRDA)
Pension Fund Regulatory and Development Authority(PFRDA), set up as a regulatory body for the pension sector, isengaged in consolidating the initiatives taken so far regardingthe full NPS architecture and expanding the reach of NPSdistribution network. The process of making NPS available toall citizens entailed the appointment of NPS intermediaries,including twenty eight institutional entities as Points of Presence(POPs) that will serve as pension account opening and collectioncentres, a Centralised Record Keeping Agency (CRA) and sixPension Fund Managers to manage the pension wealth of theinvestors. PFRDA adopted a transparent, non-discretionary,competitive bidding process for selection of NPS intermediaries,in line with best international practice, which ensured high qualityservice delivery for NPS subscribers at optimum cost.
2. The NPS architecture is transparent and web-enabled. It allowsa subscriber to monitor his/her investments and returns. Thesubscriber has the choice of choosing his/her Fund Manager andinvestment options, apart from being able to switch his/herinvestment options/Pension Fund Managers over time. The facility
Department of Financial Services
62
for seamless portability is designed to enable subscribers tomaintain a single pension account throughout the saving period.
3. Under the NPS for all citizens, a subscriber has the facility toopen NPS account at any of the registered branches (26830branches so far) of the fifty five Points of Presence (PoPs) appointedby PFRDA. The offer document containing details of the NPS,application form for opening NPS account is available on thewebsite of PFRDA (www.pfrda.org.in) as well as the website ofother NPS intermediaries.
Insurance Regulatory and Development Authority
The insurance sector was opened up to private participationwith the enactment of the Insurance Regulatory and DevelopmentAuthority Act, 1999. The IRDA at present consists of the Chairman,5 full-time members and 4 part-time members. The Authority isfunctioning from its Head Office at Hyderabad, Andhra Pradesh.The core functions of the Authority include (i) licensing of insurersand insurance intermediaries; (ii) financial and regulatorysupervision; (iii) control and regulate premium rates; and (iv)protection of the interests of the policy- holders. With a view tofacilitating development of the insurance sector, the Authority hasissued regulations on protection of the interests of policy- holders;obligations towards the rural and social sectors; micro insuranceand licensing of agents, corporate agents, brokers and third partyadministrators. This is in addition to the regulatory frameworkprovided for registration of insurance companies, maintenance ofsolvency margin, investments and financial reporting requirements.
India Infrastructure Finance Company Ltd (IIFCL)
IIFCL was incorporated under the Companies Act as a wholly-owned Government of India company in January 2006 andcommenced operations from April 2006 to provide long termfinance to viable infrastructure projects through the Scheme forFinancing Viable Infrastructure Projects through a Special PurposeVehicle called India Infrastructure Finance Company Ltd (IIFCL),broadly referred to as SIFTI. The sectors eligible for financialassistance from IIFCL are roads and highways, power, airport,port, railways, urban infrastructure, Gas pipelines, Infrastructureprojects in Special Economic Zones, International conventioncenters and other tourism infrastructure projects, cold storage chain,warehouses, and fertilizer manufacturing. IIFCL has been allowedto finance projects in the infrastructure sectors as per theHarmonized list of infrastructure sub-sectors as approved by theGovernment. The process for adoption of the same has beeninitiated by IIFCL.
IIFCL accords overriding priority to Public-Private Partnership(PPP) Projects. The authorized & paid up capital of the companyas on 31st December 2012 was ` 5,000 crore and ` 2,900 croresrespectively. The company is operating profitably sincecommencement of operations in April 2006.
Within 7 years of its operations, on a consolidated basis, till31st December 2012, under direct lending IIFCL has madecumulative gross sanctions of `72,906 crore in 325 projects andhas made cumulative disbursement of `28,214 crore (includingrefinance of `4,168 crore and takeout finance of `2,165 crore).Out of the projects sanctioned under Direct Lending, Commercial
Operation Date (CoD) has been achieved in 63 projects (including3 in IIFC(UK).
For the first time IIFCL raised resources through domesticbonds for tenors of 25 years and 30 years, without a GovernmentGuarantee, in July 2012 to enable lending for longer tenure toinfrastructure sector. Since commencement of operations tillDecember 2012, IIFCL has raised 5200 crore by way of domesticbonds, `10,785 crore by way of tax free bonds, ` 2,000 crore aslong term loan from LIC, `1,500 crore from the National SmallSavings Fund and `91 crore through tax-saving infrastructurebonds. IIFCL has further raised `2,883.87 crore from the firsttranche of public issue of Tax Free Bonds, without GovernmentGuarantee. IIFCL has also established strong relationships withbilateral and multilateral institutions like ADB, World Bank andKfW and has committed lines of credit. Till December 2012, thecompany has availed USD 1,041.45 million out of ADB's line ofcredit of USD 1,200 million, USD 22.93 million out of WorldBank line of credit of USD 1,195 million and has availed Euro29.51 million out of KfW line of credit of Euro 50 million.
To facilitate incremental lending to the infrastructure sectorby addressing banks' exposure and asset-liability mismatchconstraints, IIFCL has implemented the Takeout Finance Scheme.IIFCL operationalized its Modified Takeout Finance Scheme inDecember 2011 subsequent to suitable modifications. IIFCL alsohas introduced non-discriminatory and non-discretionary externalrating based pricing mechanism for takeout of infrastructure loans.Till 31st December 2012, IIFCL has sanctioned 7,098 crore andhas disbursed ` 2,165 crore under its takeout finance scheme.
To enable channelization of long term funds from investorslike insurance companies and pension funds, IIFCL is presentlyundertaking pilot transactions under its Credit Enhancementinitiative wherein IIFCL provides partial credit guarantee toenhance the ratings of the project bond issue by infrastructureproject companies. During the pilot phase, Asian DevelopmentBank (ADB) is participating in this endeavor by committing tosupport IIFCL by providing up to 50% backstop guarantee facility.IIFCL Guarantee document in respect of the first pilot transactionto facilitate bond issuance of a maximum amount of ` 320 croreby a PPP NHAI Toll Road Project was signed on 16th January2013.
IIFCL has set up its wholly owned subsidiary, IIFC (UK) Ltdat London with the objective of borrowing up to USD 5 billionfrom the Reserve Bank of India and on-lend to Indian companiesimplementing infrastructure projects in the country for the purposeof meeting the capital expenditure solely outside India. IIFC (UK)began its operations from April 2008 and till end December 2012has made gross sanction of USD 4.17 billion to 40 infrastructureprojects. The company has disbursed USD 930 million includingoutstanding Letter of Comfort of USD 262 million, till endDecember 2012. Recently, IIFC (UK) has reduced its lending rateson foreign currency loans to infrastructure sector to aroundLIBOR+200 bps as compared to earlier rate of around LIBOR+450bps. This would enable lowering of the financial debt service burdenon infrastructure projects thereby increasing viability of manyinfrastructure projects.
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IIFCL is in the process of operationalization of aInfrastructure Debt Fund (IDF) through Mutual Fund route. Inthis regard, SEBI has granted registration to IIFCL Mutual Fundunder SEBI (Mutual Funds) Regulations 1996 as an infrastructuredebt fund on 24th January 2013. SEBI has also granted approvalto IIFCL Asset Management Company (IAMCL) to act as theAsset Management Company for IIFCL Mutual Fund. Currently,IIFCL is in the process of completing the compliances forlaunching infrastructure debt fund scheme.
In February 2012, IIFCL established a wholly ownedsubsidiary, IIFCL Projects Limited to provide varied advisoryservices from the point of identification and conception ofinfrastructure projects, assessing their feasibility, securingregulatory approvals, providing bid evaluation services and themonitoring & supervision services on award of the projects.
EXPORT IMPORT BANK OF INDIA
Export-Import Bank of India (EXIM Bank), set up in 1982,by an Act of Parliament for the purpose of financing, facilitatingand promoting foreign trade of India, is the principal Financialinstitution in the country for coordinating working of institutionsengaged in financing exports and imports. It is wholly owned bythe Government of India. Exim Bank lays special emphasis onextension of Lines of Credit (LOCs) to overseas entities, nationalgovernments, regional financial institutions and commercial banks.
During the year 2011-12, Exim Bank extended 18 LOCsaggregating US$ 1.50 billion, to support export of projects, goodsand services from India. Several of these lines have been extendedat the behest of Government of India. During the financial year2011-12, the Bank approved loans of `44,412 crore as against`47,798 crore during 2010-11. Disbursements during the yearamounted to `37,045 crore as compared to `34,423 crore duringthe previous year. Loan assets increased to `53,890 crore as onMarch 31, 2012 from `45,655 crore as on March 31, 2011.
Exim Bank also actively supports and facilitates outwardinvestments by Indian companies in their quest for enhanced accessto global markets. During the year 2011-12, 53 corporates weresanctioned funded and non-funded assistance aggregating 41.78billion for part financing their overseas investments in 24 countries.Exim Bank has provided finance to 387 ventures set up by 313companies in 69 countries so far, including Austria, Bangladesh,Brazil, Canada, China, Croatia, Egypt, Indonesia, Ireland, Israel,Italy, Malaysia, Malta, Mauritius, Morocco, Nepal, Netherlands,Oman, Romania, Singapore, South Africa, Spain, Sri Lanka, Sudan,UAE, UK, the US and Vietnam.
National Housing Bank
National Housing Bank (NHB) was set up by the NationalHousing Bank Act, 1987 as a principal agency to promote housingfinance institutions (HFCs) and to provide financial and othersupport to such institutions. The main activities of NHB includeRegulation and Supervision of HFCs and re-finance to PrimaryLending Institutions (PLIs). At present, there are 54 HFCs thatare regulated by NHB. NHB provides refinance to Banks andHFCs and project finance to Government agencies and Self Help
Groups (SHGs) besides initiatives for development andpromotion of the housing finance system in India. The presentpaid-up capital of NHB is 450.00 crore, owned by the ReserveBank of India.
Performance parameters( ` in crore)
Year ended 30th June 2006 2007 2008 2009 2010 2011 2012
Capital 450 450 450 450 450 450 450
Reserves 1,288 1,389 1,558 1,792 2,072 2,352 2739
Net Owned Fund 1,730 1,831 1,999 2,230 2,485 2,770 3154
Sanctions 9,076 9,101 13,362 15,729 12,715 14,293 23460
Disbursements 5,998 5,672 9,036 10,889 8,160 12,035 14454
Loans & Advances 16,241 19,572 17,671 16,851 19,837 22,581 28490
Total Assets 19,589 21,501 19,898 19,927 22,753 25,781 31332
Gross NPAs 27 27 Nil Nil Nil Nil 3.56
Net NPAs Nil Nil Nil Nil Nil Nil 3.03
Profit After Tax (PAT) 86 101 170 236 280 279 387
PAT per Employee 1.05 1.59 2.12 2.62 3.15 3.21 4.07
CRAR (%) 22.3 22.6 24.5 18.2 19.6 20.6 19.80
Activities of NHB
Regulation & Supervision Role
Banks and Housing Finance Companies (HFCs) are themajor players in the housing finance market in India. WhileBanks are subject to regulation and supervision by the ReserveBank of India, HFCs are regulated and supervised by NationalHousing Bank under the provisions of the National HousingBank Act, 1987 and the directions and guidelines issued there-under from time to time. The regulatory measures includeprudential norms, transparent and standardized accounting anddisclosure policies, fair practice code, asset liabilitymanagement and other risk management practices etc. Thesemeasures have helped to ensure the development of the sectoron healthy and sustainable lines.
During the year, Certificate of Registration (CoR) wasgranted to 6 new HFCs viz. Shriram Housing Finance Limited,A U Housing Finance Private Limited, Milestone Home FinanceCompany Private Limited, New Habitat Housing Finance andDevelopment Limited, Habitat Micro Build India HousingFinance Company Private Limited and USB Housing FinanceCorporation Limited. As on June 30, 2012 the total number ofHFCs registered with NHB stood at 56 of which 37 companieshave been granted Certificate of Registration without permissionto accept public deposits.
Further during the year, the Bank has cancelled the Certificateof Registration of 2 companies namely Haware's HousingDevelopment Finance Corporation Limited and Inara HousingFinance Limited due to their non compliance with the Directions/Guidelines issued by the Bank.
NHB supervises the working of HFCs through a system ofon-site inspections, market intelligence and off-site surveillancefor which periodic returns have been prescribed. During the yearthe bank inspected 48 companies, out of which 44 were regulatoryinspections to ensure compliance of the provisions of the Actand the Directions/Guidelines thereunder and 4 were in
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connection with the grant of Certificate of Registration to newcompanies. Close monitoring of the submission of quarterly, half-yearly and annual returns by HFCs were undertaken.
Refinance and Project Finance by NHB
NHB extends financial assistance through refinance and alsothe project finance window. The refinance assistance providedto various Primary Lending Institutions viz. Banks, HousingFinance Companies, Co-operative sector institutions is towardstheir individual housing loans. The project finance interventionof the Bank is through the direct finance window to Public andDevelopment agencies/Municipal Corporations/WelfareAssociation/Micro Finance Institutions etc for the housingprojects.
During the year 2011-12, refinance disbursements touchedthe highest ever figure of 14389.91 crore, registering an increaseof more than 22% over the disbursements of `11722.79 croremade in 2010-11. Out of the total refinance disbursements of`14389.91 crore, 38.97% ( 5607.54 crore) were made for ruralhousing loans, under the Rural Housing Fund (RHF) and theGolden Jubilee Rural Housing Refinance Scheme (GJRHRS).
During the year 2011-12, the Bank has sanctioned ProjectFinance assistance for 6 projects amounting to `314.30 croreand disbursed `63.72 crore. The disbursements were made toHousing Micro Finance Institutions, Public Agencies, WelfareHousing Organizations and Public Private Partnerships.
The Bank's Housing Micro Finance (HMF) programme wasstarted in 2004-2005. Till date, the Bank has sanctioned loanamount of `97.42 crore to 31 microfinance institutions in 11States for financing 30210 housing units. The beneficiariesinclude farmers, petty traders, artisans, dairy workers and otherlow income households.
Cumulatively, till June 30,2012, NHB has sanctioned 440projects with project cost of 6682.17 crore and loan componentof `4,842.66 crore to provide low income housing for the poorand has financed various agencies including Public HousingAgencies, MFIs, NGOs, and Public Private Partnership projects.Till 30.06.2012, NHB has disbursed 2106.39 crore as projectfinance.
Refinance Operations
During the year 2011-12 (July - June), refinance aggregating`14389.91 crore was disbursed, out of which `5607.54 crorewas disbursed for rural housing under the Golden Jubilee RuralHousing Refinance Scheme and the Rural Housing Fund.
For the year 2012-13 (July to December, 2012) refinanceaggregating `9453.23 crore was disbursed, out of which`3747.22 crore was disbursed for rural housing under the GoldenJubilee Rural Housing Refinance Scheme and the Rural HousingFund. The breakup of the releases made during 2011-12 (July -June) is as under:
(` in Crore)Institution REGULAR RHF GJRHRS Total Category Scheme
I II III IV VHFCs 2772.37 2125.25 404.51 5302.13Banks (SBs) 6010.00 877.78 2200.00 9087.78Total 8782.37 3003.03 2604.51 14389.91
The breakup of the releases made during 2012-13 (July toDecember, 2012) is as under:
(` in Crore)Institution REGULAR RHF GJRHRS Total Category Scheme
I II III IV VHFCs 1769.23 831.87 1836.72 4437.82Banks (SBs) 3936.78 728.63 350.00 5015.41Total 5706.01 1560.50 2186.72 9453.23
Performance under Rural Housing
Out of the total refinance releases of 14389.91 crore madeduring the year 2011-12, 38.97% aggregating `5607.54 crorehave been made under the Rural Housing Fund (RHF) and theGolden Jubilee Rural Housing Refinance Scheme (GJRHRS) inrespect of loans given by Primary Lending Institutions (PLIs) inrural areas.
During the year 2012-13 (July to December, 2012), 39.64%of total disbursements of `9453.23 crore i.e. `3747.22 crorehave been made under the Rural Housing Fund (RHF) and theGolden Jubilee Rural Housing Refinance Scheme (GJRHRS) inrespect of loans given by Primary Lending Institutions (PLIs) inrural areas.
The breakup of the disbursements made for rural housing(RHF and GJRHRS) is as under:
(` in Crore)Institution Category 2011-12 2011-12
(Jul-Dec,2011)
Housing Finance Companies 2529.76 2668.59Scheduled Banks 3077.78 1078.63Total 5607.54 3747.22
Rural Housing Fund
The Hon'ble Finance Minister, in his Union Budget speechfor 2008-09, announced the setting up of the Rural Housing Fundto enable primary lending institutions to access funds forextending housing finance to targeted groups in rural areas atcompetitive rates. The corpus of the fund for 2008-09 was`1778.18 crore, which was enhanced by 2000 crore during 2009-10, another `2000 crore for 2010-11, another `3000 crore for2011-12 and further by ` 4000 crore by 2012-13. A total amountof `8778.18 crore has been received by the Bank under the Fundtill June, 2012 and the Bank has been able to deploy the fullamount towards refinance for rural housing for the target groups.For the year 2012-13 (July-December, 2012), the Bank hasdisbursed `1560.50 crore under this scheme.
The breakup of the disbursements made under RHF is asunder:
(` in Crore)Institution Category 2011-12 2012-13
(Jul-Dec,2012)
Housing Finance Companies 2125.25 831.87Scheduled Banks 877.78 728.63Total 3003.03 1560.50
Outcome Budget 2013-2014
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1% Interest Subvention Scheme:-
In order to stimulate demand for credit for housing in thelower & middle income segment of population in the countryGovernment of India introduced interest subvention of 1% forone year on all individual housing loans upto 10 lakh, providedthe cost of the unit does not exceed `20 lakh from 1st October,2009 to 30th September, 2010.In the budget for FY 2010-11 theScheme was extended up to March 31st, 2011. The Scheme wasfurther extended for FY 2011-12 with increase in limit of housingloans upto `15 lakh and cost of house upto `25 lakh from `10lakh & 20 lakh respectively in earlier years. For the FY 2012-13,it has been further extended with the revised eligibility criteriaof loan upto `15.00 lakhs and cost of house upto `25.00 lakhs.
All regions of the States & Union Territories in the country,including rural & urban areas will be covered under the Scheme.The Scheme at present is being implemented by ScheduledCommercial Banks, Housing Finance Companies and ScheduledRegional Rural Banks.
During the initial period of the scheme, RBI and NHB weredesignated as Nodal agencies for SCBs and HFCs respectively.Later, NHB has been designated as the sole nodal agency forSCBs and HFCs from FY 2011-12.
Disbursements details under the scheme upto 31.03.2012:
(` in Crore)Implementing Agencies(IA) Amount Disbursed to IAs
SCBs 170.00HFCs 130.00Total 300.00
Reverse Mortgage Loan
NHB has conceptualized the Reverse Mortgage Loan (RML)product, exclusively for covering house owning Senior Citizens.Pursuant to the announcement made in the Union Budget speechof the Hon'ble Finance Minister on February 28, 2007, NHBnotified Operational Guidelines for Reverse Mortgage Loan(RML) in May 2007, after extensive consultation with theHousing Finance companies (HFCs) and Banks. Further, NHBin consultation with reputed legal firms prepared and circulatedmodel formats of the loan documents for adoption suitably bythe HFCs and Banks in connection with their lending under RML.
The Hon'ble Finance Minister in the Union Budget Speechfor the year 2008-09 made two major announcements relating tothe proposed amendments to the Income Tax Act. These are (i) anew sub-section (xvi) to Section 47 of the Income Tax Actproviding that reverse mortgage would not amount to "transfer"and (ii) insertion of a new sub-section (43) under Section 10 ofthe Income Tax Act to the effect that the stream of paymentsreceived by the senior citizen under RML under a Scheme notifiedby the Central Government would not be "income", as they arein the nature of capital receipts.
Reverse Mortgage Scheme has since been notified by aGazette notification by Government of India on 30-09-2008.Necessary amendment has also been made by the Income TaxDepartment that the stream of income received by the senior
citizens under RML would not be income as they are in the natureof capital receipt.
As per information available with NHB, 24 ScheduledCommercial Banks and 2 Housing Finance Companies havelaunched the Scheme. A total of 7354 accounts amounting to`1695 crore have been sanctioned under the RML Scheme (uptoSeptember 30, 2012).
Reverse Mortgage Loan enabled Annuity (RMLeA)
With a view to extend the payments received under RML toresidual lifetime of the borrower, a new product variant viz.Reverse Mortgage Loan enabled Annuity (RMLeA) wasconceptualized by NHB and launched in December 2009.
RMLeA is the result of direct product integration betweenthe housing finance market and the insurance sector for the firsttime in India. The Scheme envisages the Banks/HFCs to sourceassured lifetime payments to the senior citizen borrower throughthe Insurance Company. NHB has formulated RMLeA'sOperational Guidelines for implementation by Primary LendingInstitution. The RMLeA Scheme has been implemented, so far,by Central Bank of India and Union Bank of India in associationwith Star Union Dai-ichi Life Insurance Co. Ltd (SUD Life).
The Life Insurance Corporation of India has evinced interestin the product and will be soon launching the product inassociation with few Public Sector Banks.
NHB RESIDEX
NHB RESIDEX is an initiative of the National Housing Bankto provide an Index of residential prices in India across citiesand over time. National Housing Bank, at the behest of theMinistry of Finance, Government of India, began this initiativein the year 2005-06 and undertook a pilot study to examine thefeasibility of preparing such an index at the national level. NHBlaunched RESIDEX for tracking prices of residential propertiesin India, in July 2007, covering data up to 2005 with 2001 as thebase year. The pilot study covered 5 cities viz. Bengaluru, Bhopal,Delhi, Kolkata and Mumbai. Thereafter, NHB RESIDEX wasexpanded to ten more cities namely, Ahmedabad, Faridabad,Chennai, Kochi, Hyderabad, Jaipur, Patna, Lucknow, Pune andSurat.
From the quarter January-March, 2012, NHB RESIDEX hasbeen further expanded to cover 5 more cities viz. Bhubaneshwar,Guwahati, Ludhiana, Vijayawada & Indore. With this inclusion,NHB RESIDEX now covers 20 cities. The Index for Delhi hasbeen expanded to cover Gurgaon, Noida, Greater Noida andGhaziabad thereby expanding its coverage to National CapitalRegion (NCR). From April-June, 2012 onwards the Index ofDelhi covers National Capital Region (NCR).It is proposed thatfrom the quarter January-March, 2013 onwards NHB RESIDEXwill be expanded to cover six (6) more cities namely Chandigarh,Coimbatore, Dehradun, Meerut, Nagpur and Raipur thus takingthe total of cities covered under NHB RESIDEX to 26.
NHB RESIDEX as of now is covering 20 cities and isupdated and released on a quarterly basis with 2007 as the baseyear. NHB RESIDEX has been updated and released for thequarter ended September, 2012 (July - September, 2012). NHB
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RESIDEX, property price tracking Index, has replaced Cost ofConstruction Index in determination of the income ceiling forEWS/LIG households by MoHUPA.
Analysis of Price Movements
The analysis of the movement of residential prices in 20cities based on the transaction data, on quarterly & annual basisand from 2007 to September, 2012, is furnished below:
Movement of residential prices during the quarter July -September, 2012
Residential housing prices in 9 cities have shown marginalincrease in prices in this quarter ended September, 2012 (July-September, 2012) over the previous quarter ended June, 2012(April-June, 2012). Maximum increase was observed in Kochi(10.1%) followed by Jaipur (9.0%), Delhi (3.8%), Ahmedabad(3.0%), Bhubaneshwar (2.3%), Lucknow (2.2%), Chennai(0.8%), Pune (0.7%) and Mumbai (0.5%).
Whereas, 11 cities have shown marginal decline in pricesover the previous quarter with maximum decline observed inSurat (-4.8%) followed by Indore (-3.54%), Kolkata (-2.4%),Vijayawada (-2.4%), Patna (-1.8%), Ludhiana (-1.7%), Bengaluru(-1.7%), Hyderabad (-1.3%), Guwahati (-0.7%), Bhopal (-0.5%)and Faridabad (-0.4%).
Overall impression about the Trend: Prices starting todecline in some smaller towns and the increase in other cities is
mostly marginal, barring Kochi and Jaipur. There are some signsof convergence of prices around this level across the 20 cities.
On year-on-year basis (July-September, 2012 over July-September, 2011), price movements in 10 cities have witnessedrise in prices whereas 5 cities have witnessed decline in prices.
Residential Mortgage Backed Securitization
NHB has so far completed 14 Residential Mortgage BackedSecuritization transactions involving 38,809 individual housingloans of six Housing Finance Companies (HFCs) and oneScheduled Commercial Bank, housing loans amounting to`862.20 crore. The success of the issues of RMBS hassignificantly provided means to better understand and addressthe legal, regulatory, fiscal, accounting and other capital marketrelated issues relating to such transactions as also various policyissues for a conducive environment for such issuances.
The structure of NHB's RMBS issues has been designedunder the provisions of the National Housing Bank AmendmentAct, 2000 (Sections 14 (ea), 14 (eb) and 14 (ec) , which authorizethe Bank to carry out securitization transactions and issuemortgage backed securities as trust certificates of beneficialinterest and act as Trustee for the holders of such securities.
So far, 8 RMBS transactions and their respective SpecialPurpose Vehicle trust have been closed, including 1 RMBStransaction during the period April 2011 to March 2012.
Outcome Budget 2013-2014
DEPARTMENT OF EXPENDITUREINTRODUCTION
Organisation and Functions The Department of Expenditure is the nodal Departmentfor overseeing the public financial management system in theCentral Government and matters connected with State finances.The Principal activities of the Department include pre-sanctionappraisal of all major schemes/projects (both Plan and non-Planexpenditure), handling the bulk of the Central budgetaryresources transferred to States, implementation of therecommendations of the Finance and Central Pay Commissions,overseeing the expenditure management in the CentralMinistries/Departments through the interface with the FinancialAdvisors and the administration of the Financial Rules,Regulations/Orders and through monitoring of Audit comments/observations, preparation of Central Government Accounts,managing the financial aspects of personnel management in theCentral Government, assisting Central Ministries/Departmentsin controlling the costs and prices of public services, assistingorganizational re-engineering through review of staffing patternsand O&M studies and reviewing systems and procedures tooptimize outputs and outcomes of public expenditure. TheDepartment is also managing coordination of matters concerningthe Ministry of Finance including Parliament-related work ofthe Ministry. The Department has under its administrative controlthe National Institute of Financial Management (NIFM),Faridabad.
The business allocated to the Department of Expenditureis carried out through its Establishment Division, ProcurementPolicy Division (PPD), Plan Finance-I and II Divisions, FinanceCommission Division, Staff Inspection Unit, Cost AccountBranch, Controller General of Accounts and the Central PensionAccounting Office.
Administration DivisionÄ Looks after the secretariat work of the Department and
comprises of Finance Minister ’s Office, CadreAdministration Section, Accounts and Budget, Generaland Personnel Administration and the OfficialLanguage Section.
Establishment DivisionÄ The Establishment Division works under the Joint
Secretary (Personnel) and deals with matters related todetermination of salary structure and service conditionsof all Central Government employees, wage policydetermination, revision of pay scales, creation of posts,basic principals of fixation of pay, house rent allowance,travelling/daily allowance, dearness allowance &various other compensatory allowances in respect ofCentral Govt. employees, General Financial Rules,Delegation of Financial Power Rules, economyinstructions etc. It is also responsible for administrativematters concerning the Department of Expenditure.
Central Public Procurement Portal & e-ProcurementÄ Pursuant to the recommendations of the Committee on
Public Procurement (CoPP) a Central PublicProcurement Portal (CPP Portal) has been set up for
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providing comprehensive information and data relatingto public procurement and is accessible atwww.eprocure.gov.in. It is being used at present byvarious Ministries/Departments, CPSEs andautonomous/statutory bodies. e-Publishing of tenderenquiries, corrigenda thereto and details of contractsawarded thereon, on the Portal, has been mademandatory in a phased manner w.e.f. 1st January, 2012.
2. Further, it has also been decided to implement e-Procurementin Ministries/Departments of the Central Government andinstructions have also been issued to all Ministries/Departments to commence e-Procurement in respectof all procurements with estimated value of Rs.10 lakhor more in a phased manner. Use of e-Procurementwould enhance transparency and accountability andmake procurement more efficient. This would also helpin monitoring delays and reducing the procurementcycle.
State Finances Division(Plan Finance -I and Finance Commission Division)Ä The State Finances (Plan Finance-I) Division of
Department of Expenditure looks after all mattersrelating to finances of the State Governments, includingPlan releases in the State Sector and Non-Plan releaseson the recommendations of Finance Commissions.Assessment of borrowing requirements of StateGovernments are also made by this Division whichinvolves fixing of borrowing ceiling, issue ofpermission for borrowings under Article 293(3) of theConstitution of India, monitoring of ways and meansposition of States in close co-ordination with the RBI,debt write-offs (as recommended by the 12th and 13th
Finance Commissions) etc. This Division operatesDemand No.36 of the Ministry of Finance from whichfunds are released for both Plan and Non-Plan purposes.
Ä Plan Finance-I and Finance Commission Division dealwith matters relating to finances and plan outlays ofthe States in close co-ordination with the PlanningCommission, releases funds to State Governments forimplementing developmental work in the States,calculates and monitors annual borrowings of States.It implements the awards of Finance commission asapplicable to States and also handles issues relating tocalamity relief to States, Centre–State and Inter-Statefinancial relations.
Plan Finance – II DivisionÄ Primarily concerned with matters relating to the Central
Plan and serves as a window within the FinanceMinistry, which has an overview of the entire canvasof development activity of the Central Government,both at the project level and sectoral policy level. Thefocus has been on improving the quality of developmentexpenditure through better project formulation,emphasis on outputs, deliverables, impact assessment,
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projectisation (Mission approach) and convergence.The Division also deals with financial restructuring ofCentral PSUs on the recommendations of Bureau forRestructuring of Public Sector Enterprises (BRPSE).It is also actively involved in working out modalitiesfor financial assistance to CPSEs, quantification ofI&EBR generation for preparation of budget, finalizingmodernization of plants and equipment to ensure greaterefficiency in production. At micro level, Plan Finance-II Division deals with issues relating to Food, Fertilizersand Petroleum subsidies, including their quantificationand extension of assistance to the Stake holders. Atmicro level, the division is actively involved, along withthe concerned Department/Ministry, in shaping upfuture subsidy policy of the Government so as to ensureeffective targeting.
Integrated Finance UnitÄ Deals with the expenditure and Budget related
proposals under Demand No.39 – Department ofExpenditure which includes Secretariat GeneralServices and Other Administrative Services andDemand No.40 - Pensions which includes provisionfor various retirement benefits. In respect of two otherDemands, namely, Demand No.36 - Transfer to Stateand Union Territory Governments and Demand No. 41- Indian Audit and Accounts Department, the budgetaryestimates are directly dealt with by the respectivedivisions. However, the overall monitoring is done bythe Integrated Finance Unit. This unit is also responsiblefor monitoring and control over expenditure of theDepartment and implementing the economyinstructions for compliance by various organizationsof the Department.
Miscellaneous Departments DivisionÄ Functions under Financial Adviser (Finance) as
associate finance to President’s Secretariat, Vice-President’s Secretariat, Supreme Court of India, LokSabha Secretariat, Rajya Sabha Secretariat and Ministryof Parliamentary Affairs.
Pay Research UnitÄ Mainly responsible for collection, compilation and
analysis of data on actual expenditure incurred on payand various types of allowances as well as datapertaining to the strength of the Central GovernmentCivilian employees and employees of Union TerritoryAdministrations.
Staff Inspection UnitÄ The Staff Inspection Unit (SIU) was set up in 1964
with the objective of securing economy in the staffingof Government organizations consistent withadministrative efficiency and evolving performancestandards and work norms. The Scientific andTechnical Organizations are not within the purview ofthe SIU but a Committee constituted by the Head ofDepartment, with representative from SIU as a CoreMember, conducts staffing studies of suchorganizations.
Ä In the changed scenario and keeping in view theGovernment emphasis on better governance andimproved delivery of services, the role of SIU has beenredefined. The SIU has been positioned to act ascatalyst in assisting the line Ministries and AutonomousOrganizations in improving their organizational
effectiveness and to suggest ideal organizationalstructure, re-engineering of processes, optimumutilization of resources and overcome the delays besidesexploring the possibilities of outsourcing some of theactivities in order to achieve enhanced output with theminimum expenditure. As per the new mandate, SIUwould now also conduct the studies of organizationalanalysis in five distinct fields viz. OrganizationalSystem, Financial Management System, DeliverySystem, Client-Customer satisfaction and Employeesconcerns etc.
Cost Accounts BranchÄ An independent agency set up to verify the cost of
production and to determine the fair selling price forall Government purchases including Defence purchasesand to fix prices for a number of products covered underthe Essential Commodities Act, such as, Petroleum,Steel, Coal, Cement, etc. under the Administered PriceMechanism (APM). It renders professional assistanceto different Ministries and Government agencies in cost,management and financial accounting in theGovernment.
Controller General of AccountsÄ Apex accounting authority of the Central Government
exercising the powers of the President under Article150 of the Constitution for prescribing the form ofaccounts of the Union and State Governments on theadvice of Comptroller and Auditor General of India.
Monitoring CellÄ Works under the Office of Controller General of
Accounts. It is responsible for co-ordination, collectionand monitoring the submission of corrective/remedialAction Taken Notes(ATNs) on various paras containedin Comptroller &Auditor General (C&AG)’s Reports.It also monitors the settlement of paras/recommendations included in their reports of the PublicAccounts Committee(PAC).
Central Pension Accounting OfficeÄ Administers the “Scheme for payment of Pensions to
Central Government Civil Pensioners by AuthorizedBanks”. It is primarily responsible for preparation ofbudget for the Pension Grant and accounting thereof;issue of Special Seal Authorities (SSAs); and audit ofpension payment made by Banks.
Chief Controller of AccountsÄ Responsible for payment of salary bills and all other
personal payments, pensionary payments, payment ofloans and grants sanctioned by the Department to theState Governments and watching the receipts ofprincipal and interest of the loans. It works as theinternal audit of the Department and also renderstechnical advice relating to accounting matters. It alsocompiles the monthly accounts and AppropriationAccounts.
Institute of Government Accounts and FinanceÄ Headquarters at New Delhi and four Regional Training
Centres located at Calcutta, Chennai, Navi Mumbai andAizawl impart in-service training to the AccountsPersonnel and Civil Ministries/Departments in variousdisciplines of Financial Management and Govt.Accounts and Finance. Since 1995 it has started PublicFinancial Management programmes for officials fromother countries.
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.
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tral P
lan
Sche
me
for
enha
ncin
g tra
inin
gca
paci
ty o
fN
atio
nal I
nstit
ute
of F
inan
cial
Man
agem
ent
Obj
ectiv
e/O
utco
me
3
(i)
Hig
h L
evel
Prof
essi
onal
C
ours
eco
verin
g ba
sic el
emen
ts of
Post
Gra
duat
e Dip
lom
a in
Bus
ines
s M
anag
emen
t(F
inan
ce) f
or th
e of
ficer
sde
alin
g w
ith A
ccou
nts
&Fi
nanc
e m
atte
rs b
eing
offe
red
by t
he N
atio
nal
Inst
itut
e of
Fin
anci
alM
anag
emen
t Soc
iety
.
(ii)
Po
st
Gra
duat
ePr
ogra
mm
e in
Fin
anci
alM
arke
ts f
or o
ffic
ers
ofC
en
tra
l/S
tate
/UT
Gov
ernm
ents
.
Out
lay
2013
-14
(` In
Cro
re)
44(
i)4(
ii)4(
iii)
Non
-Pl
anC
EB
R*
Plan -
3.00
-
-1.
00-
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Trai
ning
will
be
impa
rted
to 6
0 O
ffice
rs o
f C
entr
al/
Stat
e/
UTs
. T
hepr
ogra
mm
e con
sist
s of s
ixtr
imes
ters
hav
ing
12-1
4w
eeks
dur
atio
n ea
ch. T
his
is a
com
bina
tion
of c
lass
room
tea
chin
g &
pro
ject
wor
k.
In c
olla
bora
tion
with
the
Nat
iona
l Sto
ck E
xcha
nge,
train
ing
will
be im
parte
d to
20 o
ffic
ers
of C
entr
al/
Stat
e/
UTs
.
T
hepr
ogra
mm
e is
of o
ne y
ear
dura
tion
.
Thi
s is
a
com
bina
tion
of c
lass
room
teac
hing
& p
roje
ct w
ork.
Proj
ecte
dO
utco
mes
6
Cap
acity
bui
ldin
g in
finan
cial
man
ager
ial
skill
and
in ar
eas s
uch
as C
omm
erci
al a
ndG
ovt.
Acc
ount
ing,
Publ
ic
Fina
nce,
Budg
etin
g, F
inan
cial
Polic
y Fo
rmul
atio
n/D
ecisi
on M
akin
g an
dPr
ojec
t Man
agem
ent.
In 2
013,
60
offic
ers
are
targ
eted
fo
rtr
aini
ng u
nder
thi
ssc
hem
e.W
ill g
ive e
xpos
ure i
nth
e ar
ea o
f fin
anci
alM
arke
ts a
nd P
ublic
Priv
ate
Part
ners
hip.
In 2
013,
20
offic
ers
are
targ
eted
fo
rtra
inin
g.
Proc
esse
s/Ti
mel
ines
7
Two
year
s
One
Yea
r
Rem
arks
/R
iskFa
ctor
s
8
` 3.
00 cr
ore u
nder
Rev
enue
Sec
tion
whi
ch w
ill c
over
the
prog
ram
me
fee
com
pone
nt.
`1.0
0 cr
ore u
nder
Reve
nue
Sect
ion
tow
ards
fe
eco
mpo
nent
.
* C
EBR
- Com
plem
enta
ry E
xtra
Bud
geta
ry R
esou
rces
i.e.
exp
endi
ture
s com
mitt
ed fo
r the
pur
pose
by
entit
ies o
ther
than
the
Cen
tral
Gov
ernm
ent.
70Outcome Budget 2013-2014
REFORM MEASURES AND POLICY INITIATIVES
The Department of Expenditure has taken a number ofmeasures to improve the systems and procedures of publicfinancial management, thereby promoting the cause of goodgovernance. The Prime Minister’s Thrust Areas included fiveplanks of Institutional reforms, viz., Decentralization,Simplification, Transparency, Accountability and e-Governance.These were echoed in the Initiatives on Expenditure Managementannounced by the Finance Minister’s Fiscal Policy StrategyStatement (FPSS) prepared under the Fiscal Responsibility andBudget Management Act in Budget 2005-06 and became theguiding principles of setting the work plan.
Guidelines for Outcome Budget/Performance BudgetThe Department of Expenditure and the Planning
Commission had jointly prepared the first ever Outcome Budgetfor the year 2005-06, which was presented to the Parliament onAugust 25, 2005. Thereafter, fresh guidelines were issued (videOM. No.2(1)Pers/E-Coord/OB/2005 dated 12th December,2006) for integration of OUTCOME BUDGET andPERFORMANCE BUDGET documents into a single document.Outcome Budget have become an integral part of the budgetingprocess since 2005-06. Latest guidelines in this respect wereissued on 1st January, 2013.
Rationalization of ExpenditureMinistry of Finance from time to time issues guidelines on
Expenditure Management ‘Economy Measures andRationalization of Expenditure’ with a view to promote fiscaldiscipline, without restricting operational efficiency of theGovernment. The last set of instructions were issued vide OMNo.7(1)/E.Coord/2012 dated 31st May, 2012. These measuresinclude, inter alia, a 10% cut in Non Plan expenditure (excludinginterest payment, repayment of debt, Defence capital, salaries,pension and the Finance Commission grants to the States),restrictions on holding of seminars and conferences, foreigntravel, ban on creation of posts and observance of discipline infiscal transfer to states etc. and instructions on balance pace ofexpenditure. Financial Advisers are expected to exercise dueeconomy while conveying their concurrence to variousexpenditure proposals.
Public Procurement Bill, 2012The Public Procurement Bill, 2012 was introduced in the
Lok Sabha on 14th May, 2012.The Bill seeks to regulate public procurement by all
Ministries/Departments of the Central Government, CentralPublic Sector Enterprises (CPSEs) autonomous and statutorybodies controlled by the Central Government and other procuringentities with the objectives of ensuring transparency,accountability and probity in the procurement process, fair andequitable treatment of bidders, promoting competition,enhancing efficiency and economy, maintaining integrity andpublic confidence in the public procurement process and formatters connected therewith or incidental thereto. The Bill wouldcreate a statutory framework for public procurement which willprovide greater accountability, transparency and enforceabilityof the regulatory framework.
The Bill was drafted after wide consultation, pursuant tothe decision taken by the Group of Ministers on measures totackle corruption and improve transparency on the
recommendations made by the committee on Public Procurementand the announcement made by the Prime Minister in hisIndependence Day Address on 15th August, 2011 regardingintroduction of a Public Procurement Bill.
The Public Procurement Bill, 2012 was referred to theParliamentary Standing Committee on Finance by the Hon’bleSpeaker. The Bill at present, is under examination by theCommittee.
Central Public Procurement Portal & e-ProcurementPursuant to the recommendations of the Committee on
Public Procurement (CoPP) a Central Public Procurement Portal(CPP Portal) has been set up for providing comprehensiveinformation and data relating to public procurement and is usedby various Ministries/Departments, CPSEs and autonomous/statutory bodies. e-Publishing of tender enquiries, corrigendathereto and details of contracts awarded thereon, on the Portal,has been made mandatory in a phased manner w.e.f. 1st January,2012. The implementation of e-Procurement in respect of allprocurements with an estimated value of Rs.10 lakh or morewould enhance transparency and accountability and makeprocurement more efficient. This would also help in monitoringdelays and reducing the procurement cycle.
Grants under State Plan SchemesReleases for schemes on the Plan side are made on the
recommendation of the Planning Commission/nodal Ministryconcerned. The important flagship schemes for which funds arebeing provided under the Plan head in 2012-13 includeAccelerated Irrigation Benefits Programme (AIBP), JawaharlalNehru National Urban Renewal Mission (JNNURM), NationalSocial Assistance Programme (NSAP), Border AreaDevelopment Programme, Hill Area/Western GhatsDevelopment Programme, National e-Governance Programme,Backward Regions Grant Fund Scheme etc. Against an outlayof Rs. 99543.00 crore in BE 2012-13 for Central Assistance toState Plans in Demand 35 of Department of Expenditure, Rs.53099.335 crore has been released as on 31.12.2012.
Non-Plan grantsThe year 2012-13 is the 3rd year of the award period of the
13th Finance Commission (FC- XIII), 2010-15. The budgetprovision for 2012-13 was Rs.58357.46 crore (18.37% higherthan BE 2011-12) for various grants including Non-Plan RevenueDeficit Grant and grants for local bodies, elementary education,calamity relief (including capacity building), forest, justicedelivery, UID, improvement of statistical system, employee &pension data base, water sector management, maintenance ofroads & bridges and state specific needs etc. as perrecommendations of FC- XIII. As on 31.12.2012, Rs. 28772.67crore has been released for these purposes. In addition, there isa provision of Rs.4620.00 crore under National DisasterResponse Fund (NDRF), against which Rs. 1002.50 crore hasbeen released upto 31.12.2012.
BorrowingsThe methodology for determining annual borrowing ceilings
of States during the 2010-15 period has been devised in linewith the FC- XIII report. The borrowing limits of States arebeing worked out and enforced by Ministry of Finance (MoF)in accordance with the prescribed fiscal reform path for each
71 Department of Expenditure
State. Compliance with the prescribed fiscal parameters isexpected to bring down overall debt of States to 24.3% of GDPin the end of year 2014-15.
States’ Fiscal Consolidation (2010-15)FC-XIII has worked out a fiscal consolidation roadmap for
each state, requiring States to eliminate Revenue Deficit (RD)and achieve Fiscal Deficit (FD) of 3% of their respective GrossState Domestic Product (GSDP) by 2014-15. FC-XIII has alsorecommended a combined debt target of 24.3% of GDP to bereached by States by 2014-15 from a level of 27% in 2008-09.This combined debt reduction target is also expressed in termsof outstanding debt to GSDP ratios for each State for each year.
27 States have enacted/amended their Fiscal Responsibilityand Budget Management Acts (FRBMAs) as prescribed by FC-XIII. In respect of one remaining State, its FRBMA enacted in2006 already contains the fiscal consolidation roadmap whichis in line with the recommendations of FC-XIII for the first threeyears of the award period (i.e. 2010-11 to 2012-13). The StateGovernment has been advised to amend its FRBM Act toincorporate the targets for the last two years of the award periodof FC-XIII.
As recommended by the Twelfth and Thirteenth FinanceCommission, central loans to states, amounting to Rs.1,22,348crore has consolidated and further benefit in terms of debt reliefamounting to Rs.19725.72 crore and interest relief amountingto Rs.18,688.52 has been extended to States during 2005-06 to2009-10. The Thirteenth Finance Commission (FC-XIII) inter-alia has recommended that States’ enactment/amendment of theirFRBM Acts, incorporating the fiscal targets specified for themwill be a pre condition for debt relief measures (reset of interestrates on NSSF loans and write off of central loans from ministry(other than MoF) and release of all State specific grants.
Debt relief on NSSF loansAs recommended by FC XIII and subsequent decisions
taken thereon are following:A State will be considered as eligible for interest relief of
NSSF loans from the date the Fiscal Responsibility and BudgetManagement Acts (FRBMA) is amended/enacted in accordancewith the recommendations of FC-XIII.
From the financial year 2012-13, compliance with FRBMtargets will be a condition for availing interest relief in respectof NSSF loans.
After necessary amendments to FRBMA were made (bymost of the States in 2011-12) incorporating targets specifiedby FC-XIII, the States became eligible for interest relief on NSSFloans. For 2012-13, the fiscal position of all the 28 States as pertheir Budget Estimates for 2012-13 has been assessed with therespective States’ FRBMA targets. Budget estimates of the Statesindicate that the fiscal parameters of Revenue Deficit (RD) andFiscal Deficit (FD) and Debt measured as ratio to Gross StateDomestic Product (GSDP) in respect of 20 States are inconformity with prescribed targets. It has been decided that 20States that comply with FRBM targets, as reflected in their 2012-13 (BE), may be extended that benefit of reduced interest ratefor 2012-13 (from 1.4.2012) on a provisional basis. RBI hasbeen requested to extend the interest relief of NSSF loans for2012-13. Write off of central loans (CSS/CPS)
The outstanding Central loans as on March 31, 2010 against28 States in respect of Central Plan Schemes was Rs.488.85
crore and in respect of Centrally Sponsored Scheme, Rs.1792.61crore, aggregating to Rs.2281.46 crore.
As all the 28 States were found eligible for write off, Centralloans for CSS/CPS to the extent of Rs.2050.10 crore outstandingagainst the States in the ledger of the line Ministries have beenwritten off during 2011-12. A provision of Rs.100 crore isavailable in 2012-13 (BE) in Major Head 2075 ‘MiscellaneousGeneral Services’ in Demand No.35 for writing-off the balanceCSS/CPS loans left to be written off.Plan Finance-II DivisionProjects clearance by EFC & PIB
Between 1st January and 31st December, 2012, 42 meetingsof the Expenditure Finance Committee (EFC) chaired bySecretary (Expenditure) considered Plan Investment Proposals/Schemes of various Ministries/Departments costing Rs.458,050crore. During this period 07 Meetings of Public InvestmentBoard (PIB) were held and sanctioned seven projects involvingan amount of Rs.19,314.55 crore :
Sl.No. Ministry/Deptt. No. of AmountProjects (Rs. in Crore)
1 Ministry of Health &Family Welfare 1 594.00
2. Ministry of Power 1 2,656.953 Ministry of Civil Aviation 1 2,325.004. Ministry of Urban
Development 1 4,944.005. Ministry of Road Transport
& Highways 2 8,115.606. Deptt. of Heavy Industry 1 679.00
TOTAL 7 19,314.55Staff Inspection UnitAnnual programme of studiesAn annual programme of studies to be undertaken in a
financial year is drawn in consultation with all Financial Advisorsof the Ministries/Departments concerned. This programmeremains in force w.e.f. 1st April of each year to 31st March of thenext year.
Performance during the year 2012Ä During the year 2012 (upto December, 2012), SIU has
issued 04 final reports covering the sanctioned strengthof 11116 posts. As against the sanctioned strength of11116 posts in different organizations covered by thesestudies, SIU has declared 4162 posts as surplus.
Ä SIU has also completed the studies of Store Cadre,Finance Division and Administration Wing of All IndiaInstitute of Medical Sciences (AIIMS), New Delhi andNational Human Rights Commission (NHRC) of theMinistry of Home Affairs covering around 1300 postsduring the period and reports are likely to be issuedshortly.
Ä The study of Central Council for Research inHomeopathy, Ministry of Health & Family Welfare hasalso been finalized by the Core Member of SIU duringthe period.
72Outcome Budget 2013-2014ST
ATU
S O
F O
UT
CO
ME
WIT
H R
EFE
RE
NC
E T
O O
UT
LAY
S 20
11-1
2
S. No. 1
1.
Nam
e of
the
Sche
me
2
Maj
or H
ead
2070
- Oth
erA
dmin
istr
ativ
eSe
rvic
es.
Cen
tral P
lan
Sche
me
for
enha
ncin
g tra
inin
gca
paci
ty o
fN
atio
nal I
nstit
ute
of F
inan
cial
Man
agem
ent a
ndin
fras
truct
ural
deve
lopm
ent o
f the
Insti
tute
.
Obj
ectiv
e/O
utco
me
3
Hig
h le
vel
prof
essi
onal
cour
se c
over
ing
basi
cel
emen
ts
of
MB
A(F
inan
ce)
for
offi
cers
deal
ing
with
Acc
ount
s and
Fina
nce
mat
ters
to
beof
fere
d by
N
atio
nal
Inst
itut
e of
Fin
anci
alM
anag
emen
t Soc
iety
.
Out
lay
2011
-12
(` In
Cro
re)
44(
i)4(
ii)BE
RE
5.00
3.48
(Pla
n)(P
lan)
(Rev
.3.0
0)(R
ev.2
.45)
(Cap
.2.0
0)(C
ap.1
.03)
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Trai
ning
to 5
0 of
ficer
s of C
entr
al/
Stat
e/U
T G
over
nmen
ts.
The
prog
ram
me
cons
ists
of
trim
este
rsha
ving
12-
14 w
eeks
dur
atio
n ea
ch.
This
is a
com
bina
tion
of cl
ass r
oom
teac
hing
and
pro
ject
wor
k.
Proc
esse
s/Ti
mel
ines
6
Two
year
s
Stat
us a
s on
31st M
arch
, 201
2
7
(i) U
nder
Rev
enue
Sec
tion,
39
cand
idat
es j
oine
d th
e co
urse
at
NIF
M,
Fari
daba
d.
Act
ual
expe
nditu
re is
` 2
.45
cror
e.
(ii) U
nder
Cap
ital S
ectio
n, `
. 1.0
3cr
ore
rele
ased
for s
treng
then
ing t
hein
fras
truc
ture
in th
e in
stitu
te w
asut
ilize
d fu
lly.
73 Department of Expenditure
Nam
e of
the
Sche
me/
Prog
ram
e
2
Maj
or H
ead
2070
- Oth
erA
dmin
istr
ativ
eSe
rvic
es.
Cen
tral P
lan
Sche
me
for
enha
ncin
g tra
inin
gca
paci
ty o
fN
atio
nal I
nstit
ute
of F
inan
cial
Man
agem
ent a
ndin
fras
truct
ural
deve
lopm
ent o
f the
Insti
tute
.
Obj
ectiv
e/O
utco
me
3
Hig
h le
vel
prof
essi
onal
cour
se c
over
ing
basi
cel
emen
ts
of
MB
A(F
inan
ce)
for
offi
cers
deal
ing
with
Acc
ount
s and
Fina
nce
mat
ters
to
beof
fere
d by
N
atio
nal
Inst
itut
e of
Fin
anci
alM
anag
emen
t Soc
iety
and
incr
easi
ng
the
infr
astr
uctu
re
of
the
Insti
tute
.
Out
lay
2012
-13
(` In
Cro
re)
44(
i)4(
ii)BE
RE
4.00
2.88
(Pla
n)(P
lan)
(Rev
. 4.0
0)(R
ev.2
.88)
(Cap
.NIL
)(C
ap.N
IL)
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Trai
ning
to 5
0 of
ficer
s of C
entr
al/
Stat
e/U
T G
over
nmen
ts.
The
prog
ram
me
cons
ists
of
trim
este
rsha
ving
12-
14 w
eeks
dur
atio
n ea
ch.
This
is a
com
bina
tion
of cl
ass r
oom
teac
hing
and
pro
ject
wor
k.
Proc
esse
s/Ti
mel
ines
6
Two
year
s
Stat
us a
s on
31st D
ecem
ber,
2012
7
(i)
Und
er
Rev
enue
Se
ctio
n,
47ca
ndid
ates
join
ed th
e co
urse
at N
IFM
,Fa
rida
bad.
Act
ual e
xpen
ditu
re ti
ll 31
st
Dec
embe
r, 20
12 is
` 2
.25
cror
e.
(ii)
Und
er C
apit
al S
ecti
on,
the
expe
nditu
re is
Nil.
STAT
US
OF
OU
TC
OM
E W
ITH
RE
FER
EN
CE
TO
OU
TL
AYS
2012
-13
S. No.
1 1.
74Outcome Budget 2013-2014FI
NA
NC
IAL
RE
VIE
W
STAT
EM
EN
T SH
OW
ING
AC
TU
AL
EX
PEN
DIT
UR
E V
IS-A
-VIS
BE
/RE
PR
OV
ISIO
NS
FOR
TH
E Y
EA
RS
2010
-11,
201
1-12
AN
D 2
012-
13
2010
-11
2011
-12
2012
-13
Sl N
oD
escr
iptio
nM
ajor
BER
EA
ctua
lsBE
RE
Act
uals
BER
EA
ctua
lsH
ead
(upt
o31
.12.
2012
)
1.Se
cret
aria
t –
Gen
eral
Ser
vice
s20
5255
.45
52.2
850
.87
55.9
174
.67
67.4
089
.45
84.3
956
.92
2.O
ther
Adm
n. S
ervi
ces
2070
31.8
552
.99
35.0
944
.06
52.7
950
.30
45.8
040
.46
20.7
4
i)Tr
aini
ng C
entre
for C
ivil
Acc
ount
s Org
aniz
atio
n (I
NG
AF)
3.14
3.27
3.21
3.65
3.93
3.61
4.39
4.17
3.17
ii)Sc
hem
e for
enha
ncin
g tra
inin
g
capa
city
of N
IFM
Soc
iety
4.
703.
713.
714.
403.
853.
855.
404.
283.
30
iii)
Con
tribu
tion
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.00
iv)
Serv
ice C
harg
es to
Nat
iona
l Sec
uriti
es
Dep
osito
ry L
imite
d un
der N
ew P
ensi
on
Sche
me
24.0
046
.00
28.1
636
.00
45.0
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.83
36.0
032
.00
14.2
7
3.O
ther
Gen
eral
Eco
nom
ic S
ervi
ces
i)D
evel
opm
ent o
f Nat
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l Ins
titut
e
of F
inan
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Man
agem
ent
4070
7.20
7.20
7.20
2.00
1.03
1.03
0.00
0.00
0.00
(ii)
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acc
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ion
for
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ller G
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f Acc
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s40
5926
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——
--—
——
——
TOTA
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0.85
112.
4793
.16
101.
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8.49
118.
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5.25
124.
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.66
(` In
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re)
75 Department of Expenditure
OB
JEC
T H
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D-W
ISE
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PEN
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UR
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IS-A
-VIS
BE
/RE
FO
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10-1
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011-
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2-13
2010
-11
2011
-12
2012
-13
Sl N
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Act
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BER
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(` In
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.45
37.5
136
.76
40.1
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.37
41.7
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.15
54.9
742
.15
2W
ages
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3O
vert
ime A
llow
ance
0.18
0.17
0.16
0.17
0.17
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reat
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650.
460.
670.
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820.
495
Dom
estic
Tra
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ses
0.78
0.81
0.68
0.92
1.06
0.96
1.60
1.49
0.99
6Fo
reig
n Tr
avel
Exp
ense
s0.
600.
580.
360.
950.
940.
731.
080.
970.
707
Offi
ce E
xpen
ses
15.9
49.
459.
4410
.19
12.4
112
.13
12.9
312
.44
8.55
8Re
nt, R
ates
& T
axes
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
9Pu
blic
atio
n0.
230.
440.
420.
250.
380.
300.
330.
300.
2710
Oth
er A
dmn.
Exp
ense
s24
.38
46.3
228
.50
36.3
945
.87
43.6
037
.20
33.1
014
.96
11A
dver
tisin
g an
d Pu
blic
ity0.
050.
010.
010.
013.
733.
482.
250.
550.
3312
Min
or W
orks
0.65
0.65
0.74
0.82
1.42
1.12
2.32
2.07
1.10
13Pr
ofes
sion
al S
ervi
ces
0.84
1.57
1.57
1.65
2.58
1.93
3.25
2.30
1.00
14G
rant
s-in
-aid
4.70
3.71
3.71
4.40
3.85
3.85
5.40
4.28
3.30
15C
ontri
butio
n0.
010.
010.
010.
010.
010.
010.
010.
010.
0016
Info
rmat
ion
Tech
nolo
gy1.
953.
393.
143.
408.
947.
1512
.72
11.4
53.
76To
tal
87.3
010
5.27
85.9
699
.97
127.
4611
7.70
135.
2512
4.85
77.6
6C
apita
l Sec
tion
17M
ajor
Wor
ks33
.55
7.20
7.20
2.00
1.03
1.03
0.00
0.00
0.00
Gra
nd T
otal
120.
8511
2.47
93.1
610
1.97
128.
4911
8.73
135.
2512
4.85
77.6
6
76Outcome Budget 2013-2014
Grant No.39 (earlier Grant No. 38)Statement on Surrender and Savings during the FinancialYear 2011-12
During the Financial Year 2011-12, against a budgetaryprovision of Rs.129.46 crore including the Supplementary Grants,an expenditure of Rs.118.73 was incurred, resulting in savingsand surrender of Rs.10.73 crore i.e. under Revenue SectionRs.9.76 crore and Capital Section Rs.0.97 crore of the Grants.
These savings have been segregated into the followingcategories:i) Normal Savings : Savings resulting from economic use
of Resources(` in crore)
Sl. Sub head/Scheme Savings Remarks/No. Programme (Net) Reasons
1. Department of Less requirementExpenditure 4.52 for administrative
expenses2. Training Centre in the Less requirement
Civil Accounting for IT hardwareof Department consultants &(Institute of Govt. economy measuresAccounts & Finance) 0.37
ANNEXURE
(ii) Under/Non utilization : Saving due to non-implementation/delay in execution of projects/schemes.
Sl. Sub head/Scheme Savings Remarks/No. Programme (Net) Reasons
1. Department of Non filling up ofExpenditure 3.31 vacant posts
2. Service charges to Less receipt ofNSDL for New Pension claimsScheme 1.56
(iii) Surrenders : saving due to obsolete/defunct project/scheme or due to completion of a project/scheme and thefunds are no more required.
Sl. Sub head/Scheme Savings Remarks/No. Programme (Net) Reasons
1. Infrastructure Less requirementDevelopment of of funds due toNational Institute of completion ofFinancial Management project.Society 0.97
Note:- This annexure is included in compliance of O.M.No.7(1)-B(AC)/2011 dated 23rd March, 2012 of Budget Division regardingsegregation of savings due to normal savings, under/non-utilization & surrender of funds for the financial year 2011-12 asdesired by the Standing Committee on Finance in its 33rd Report.
77 Department of Expenditure
NATIONAL INSTITUTE OF FINANCIAL MANAGEMENT: REVIEW OF PERFORMANCE
OBJECTIVES
The National Institute of Financial Management is anautonomous body (Society) registered under the SocietiesRegistration Act, 1860 headed by Finance Minister, Governmentof India. This institute has been set up with a view to establishitself as a premier knowledge partner in the country for training,research and consultancy in Financial, Accounts & Audit, PublicEconomics, Human Resource Management and InformationTechnology. It is also mandated to organize training & continuingprofessional education to Group ‘A’ officers of participatingServices.
PERFORMANCE
The Institute is functional since January, 1994 and has beenconducting the following programmes:
Professional Training Course:So far nineteen batches of probationers of various Accounts,
Audit and Finance Services have been successfully trained for44 weeks training course. The 20th batch of probationers hascommenced from 7th January, 2013 in which 53 probationers(approx.) have joined.
Management Development Programmes:The NIFM conducts Management Development
Programmes of varying duration every year. Some of theseprogrammes are sponsored by different GovernmentDepartments, foreign Governments, World Bank etc. In addition,various Govt. Departments, PSUs etc. sponsor candidates forthe specialized courses conducted by the Institute. During theyear 2012-13, the focus of Management DevelopmentProgrammes (MDPs) is in the following areas:
a) Budgeting & Public Expenditure Management
b) Accounting System & Financial Management inGovernment
c) Procurement of Goods & Services
d) Tendering & Contracting
e) Public Financial Management
f) Standard Rules & Procedures of the World Bank forProcurement of Goods, Works & Services
g) Cyber Crime & Forensics
Post Graduate Diploma in Management (FinancialManagement):
The NIFM has been conducting Post Graduate Diploma inManagement (Financial Management) since year 2002. Thepresent batch of PGDM (FM) commenced in May, 2012 in which47 candidates joined from various Central/State/UT Govts.. Thenew batch of PGDM (FM) shall be starting in May, 2013 whereinthe target is of 60 candidates.
Diploma in Govt. Accounting & Internal Audit:The Diploma in Accounting & Internal Audit Program for
one year is to upgrade the technical skills of officers of theorganized Accounts services of the Union Government. TheCourse is designed to equip the newly recruited officers for takingup higher responsibilities in the field of Public FinancialAdministration. The present batch of DGA&IA commenced fromMay, 2012 in which 39 candidates participated. The new batchof DGA&IA shall be starting from May/June, 2013 with a targetof 35 participants.
Fellow Programme in Management Programme:This is an open programme to pursue research work to
produce competent researchers, teachers and consultants. Theprogramme is duly approved by AICTE. The third batch of theprogramme commenced in May, 2012 with 2 participants.
Executive Programme in Financial Market with NSEThe NIFM in collaboration with NSE has launched one year
Weekend Executive Programme (with 35 participants) and oneyear Regular Programme (with 33 participants), which focusesin developing trained professionals capable of occupyingpositions of responsibility in stock exchanges, commodityexchanges, regulatory bodies, market intermediaries, banks,mutual funds and asset management companies and other similarentities covering all financial markets like cash equity, equityderivatives, currency derivatives, commodities and foreignexchanges. The first batch of the programme commenced in May-July, 2012. The next batch of the programme will commence inMay-June, 2013.
Consultancy Projects:During the year 2012-13, one consultancy project has been
awarded to NIFM. The consultancy projects awarded/ in progressduring the year were as under:-
(i). Study of unaccounted income/ wealth inside and outsideIndia.
(ii). A study on Central Autonomous Bodies.
(iii).A Study on Water and Sanitation of Govt. of Jharkhand.
78Outcome Budget 2013-2014
Financial StatementThe Income & Expenditure Accounts as on 31st March, 2012 are as under:
(Amount in ` )
Income 31.03.2012 31.03.2011
Income from Services 10,45,61,363 9,28,16,567Grant 1,40,00,000 1,40,00,000Interest Earned 1,21,25,324 61,62,604Other Income 19,24,108 14,89,501
Total (A) 13,26,10,795 11,44,68,672
ExpenditureEstablishment Expenses 3,87,74,807 3,46,17,311Other Administrative Expenses 6,06,58,933 5,99,08,731Depreciation 93,92,050 94,37,855
Total (B) 10,85,25,790 10,39,63,897
Balance being Surplus / Deficit of 2,40,85,005 1,05,04,775Income over Expenditure (A-B)Less: Prior Period adjustments (Net) (13,11,995) (2,10,412)Add: Amount transferred from Capital 28,82,513 31,41,177
asset Fund Representing depreciation(for the year) on Assets acquired outof Govt. Grant
Balance being Surplus / Deficit carriedover to Balance-Sheet 2,56,55,523 1,34,35,540
79 Department of Revenue
DEPARTMENT OF REVENUEINTRODUCTION
1. The Department of Revenue exercises controls in respect ofmatters relating to all the Direct and Indirect Taxes through twostatutory Boards, namely, the Central Board of Direct Taxes(CBDT) and the Central Board of Excise and Customs (CBEC).A Chairman who is also ex-officio Special Secretary to theGovernment of India heads each Board. Matters relating to thelevy and collection of all the Direct Taxes are looked after byCBDT, whereas those relating to levy and collection of customsand central excise duties and service tax fall within the purviewof CBEC. The two Boards were constituted under the CentralBoard of Revenue Act, 1963. Both CBDT and CBEC have sixMembers each. The Members are also ex-officio SpecialSecretaries to the Government of India.
2. The Department of Revenue is mainly responsible for thefollowing functions:-
• All matters relating to levy and collection of DirectTaxes.
• All matters relating to levy and collection of IndirectTaxes.
• Investigation into economic offences and enforcementof economic laws.
• Framing of policy for cultivation, processing, exportand fixation of price of Opium etc.
• Prevention and combating abuse of Narcotic drugsand psychotropic substances and illicit traffic therein.
• Enforcement of FEMA and recommendations ofdetention under COFEPOSA.
• Work relating to forfeiture of property underSmugglers and Foreign Exchange Manipulators(Forfeiture of Property) Act, 1976 and Narcotics Drugsand Psychotropic Substances Act, 1985.
• Levy of Taxes on sales in the course of inter-state tradeor commerce.
• Matters relating to consolidation/reduction/exemptionfrom payment of Stamp duty under Indian Stamp Act,1899.
• Residual work of Gold Control Act.
3. The Department of Revenue administers the following Acts: -
- Income Tax Act, 1961;
- Wealth Tax Act, 1958;
- Expenditure Tax Act, 1987; *
- Benami Transactions (Prohibition) Act, 1988;
- Super Profits Act, 1963;*
- Companies (Profits) Sur-tax Act, 1964;*
- Compulsory Deposit (Income Tax Payers) SchemeAct, 1974;*
- Chapter VII of Finance (No.2) Act, 2004 (Relating toLevy of Securities Transactions Tax);
- Chapter VII of Finance Act 2005 (Relating to BankingCash Transaction Tax);
- Chapter V of Finance Act, 1994 (Relating to ServiceTax);
- Central Excise Act, 1944 and related matters;
- Customs Act, 1962 and related matters;
- Medicinal and Toilet Preparations (Excise Duties) Act,1955;
- Central Sales Tax Act, 1956;
- Narcotic Drugs and Psychotropic Substances Act,1985;
- Prevention of Illicit Traffic in Narcotic Drugs andPsychotropic Substances Act, 1988;
- Smugglers and Foreign Exchange Manipulators(SAFEM) (Forfeiture of Property) Act, 1976;
- Indian Stamp Act, 1899 (to the extent falling withinjurisdiction of the Union);
- Conservation of Foreign Exchange and Prevention ofSmuggling Activities Act, 1974;
- Foreign Exchange Management Act, 1999; and
- Prevention of Money Laundering Act, 2002.
* The administration of these Acts are limited to thecases pertaining to the period when these laws werein force.
4. The department looks after the matters relating to abovementioned Acts through divisions and attached/subordinateoffices whose functions are as follows :-
n Central Board of Direct Taxes:
All matters relating to levy and collection of directtaxes.
n Central Board of Excise and Customs:
All matters relating to levy and collection of indirecttaxes.
Department of Revenue
80Outcome Budget 2013-2014
n States Taxes Wing:
Administration of sales tax laws (Validation) Act,1956, Central Sales Tax, State-level Value Added Tax(VAT), Indian Stamp Act, 1989 etc.
n Narcotics Control Division:
Framing of licensing policy for cultivation of Opiumpoppy, production of opium and export and pricingof opium & alkaloids. Coordination of the working ofCommittee of Management and issues relating to UNand International Organizations.
n Committee of Management:
Administering the departmental undertakings viz.Govt. Opium and Alkaloid work Neemuch (M.P.) andGhazipur (U.P.) which are engaged in processing ofraw opium for export purposes and also for extractionof alkaloids from opium, which are used by thePharmaceutical industry.
n Administration Division :
All administrative matters of Department of Revenue.Maintenance of CR Dossiers of the staff and officersof the Secretariat proper of the Department IRS(Group-A), IRS (Customs & Central Excise) (Group-A). Coordination work and work relating to translationof languages and implementation of Hindi.
n Revision Application Unit:
Work relating to revision applications filed againstthe orders of Commissioners of Customs (Appeals)and Commissioners of Central Excise (Appeals) andthe cases filed before 11.10.1982 against CBEC.
n Integrated Finance Unit:
Tendering advice in all financial matters pertaining toDepartment of Revenue and its constituent units & fieldformations under CBDT & CBEC. Deals withexpenditure and financial proposals. Prepares &examines expenditure budget for grants relating toDepartment of Revenue, Direct Taxes & Indirect Taxes.
n Competent Authorities:
Work relating to forfeiture of property underSmugglers and Foreign Exchange Manipulators(Forfeiture of property) Act, 1976 and Chapter V-Aof Narcotics Drugs and Psychotropic Substances Act,1985.
n Appellate Tribunal for Forfeited Property:
Adjudication of appeals filed by persons against ordersof forfeiture of properties passed by CompetentAuthorities under the SAFEM (FOP) Act, 1976 andChapter V A of NDPS Act, 1985.
n Customs, Excise, Service Tax Appellate Tribunal:
Hearing appeals against the orders of ExecutiveCommissioners and Commissioners (Appeals).
n National Committee for Promotion of Social andEconomic Welfare:
Recommending projects of social and economicwelfare to the Central Government for issuance ofnotification under section 35 AC of the Income TaxAct, 1961.
n Authority for Advance Rulings:
Giving advance rulings on a question of law or factspecified in an application filed by Non-Residents inrelation to transaction, which has been undertaken orproposed to be undertaken by the applicant.
n Customs and Central Excise SettlementCommission:
Settlement of applications filed by the assessees underthe Customs Act and Central Excise Act.
n Settlement Commission (IT/WT):
Settlement of applications filed by the assessees underthe Income Tax Act, 1961 and the Wealth Tax Act,1957.
n Central Economic Intelligence Bureau:
Coordinating and strengthening of the intelligencegathering activities, the investigative efforts andenforcement action by various agencies concernedwith investigation into economic offences andenforcement of economic laws.
n Enforcement Directorate:
Responsible for enforcement of the provisions ofForeign Exchange Regulation Act. Recommendingcases for detention under the Conservation of ForeignExchange and Prevention of Smuggling ActivitiesAct, 1974. Under Foreign Exchange ManagementAct, 1999, the Enforcement Directorate is mandatedprimarily as the investigation and adjudicatingagency. Powers have also been conferred on theDirector of Enforcement under the relevantprovisions of the Prevention of Money LaunderingAct, 2002.
n Financial Intelligence Unit:
To coordinate and strengthen collection and sharingof financial intelligence through an effective national,regional and global network to combat moneylaundering and related crimes. Powers have beenconferred on the Director, Financial Intelligence Unit-India under the relevant provision of Prevention ofMoney Laundering Act, 2002
81 Department of Revenue
* Adjudicating Authority under PMLA:
To exercise jurisdiction, powers and authorityconferred by or under the Prevention of MoneyLaundering Act, 2002. The Authority is empoweredto confirm the provisional attachment after hearingthe aggrieved parties to ensure that property is notdisposed-off during the pendency of trial for scheduledoffence or offence of money laundering.
n Income Tax Ombudsman:
Income Tax Ombudsmen have been posted in sevencities to look into taxpayers’ grievances.
n Indirect Tax Ombudsman:
The Indirect Tax Ombudsman in four cities to resolvethe complaints relating to public grievances againstthe Customs, Central Excise and Service TaxDepartment have been appointed.
5. DIRECT TAXES
The Central Board of Direct Taxes (CBDT) is the apex bodyentrusted with the responsibility of administering direct tax lawsin India, viz. income tax, wealth tax, banking cash transactiontax, securities transaction tax etc. The CBDT consists of aChairman and six Members and is the cadre controlling authorityfor the Income Tax Department. In its functioning, the CBDT isalso assisted by the following attached offices in Delhi:
(i) Directorate General of Income Tax (Administration)
(a) Directorate of Income Tax (Public Relations,Printing, Publication and Official Languages)
(b) Directorate of Income Tax (Recovery)
(c) Directorate of Income Tax (Income Tax & Audit)
(ii) Directorate General of Income Tax (Systems)
(iii) Directorate General of Income Tax (Legal &Research)
(iv) Directorate of Income Tax (Organization &Management Services)
(v) Directorate of Income Tax (Infrastructure)
(vi) Directorate of Income Tax (Business ProcessRe-engineering)
(vii) Directorate of Income Tax (Human ResourceDevelopment)
(viii) Directorate General of Income Tax (Exemption)
(ix) Directorate General of Income Tax (InternationalTaxation & Transfer Pricing)
Various Chief Commissioners of Income Tax, stationedall over the country, supervise collection of direct taxes andprovide taxpayer services. Directors General of Income Tax(Investigation) supervises the investigation machinery, withthe aim to curb tax evasion and unearth unaccounted money.Chief Commissioners of Income Tax / Directors General ofIncome Tax are assisted by Commissioners of Income Tax /Directors of Income Tax within their jurisdictions. There isalso first appellate machinery comprising Commissioners ofIncome Tax (Appeals), who perform the task of disposal ofappeals against the orders of assessing officers. The PrincipalChief Controller of Accounts, CBDT with the assistance ofthe local Pay & Accounts Officers is responsible for accountingthe revenue collections as well as expenditure incurred by theDepartment.
6. INDIRECT TAXES
The Central Board of Excise and Customs is the apex bodyin the Indirect Taxes set up. The Board discharge its variousfunctions through its field organizations which includes 23 ChiefCommissioners’ Zones for Central Excise and Service Tax, 11Chief Commissioners’ Zones for Customs, 12 DirectoratesGeneral, 6 Directorates, & a Chief Departmen talRepresentative’s setup for Customs, Excise and Service TaxAppellate Tribunal. In its functioning, CBEC is assisted by thefollowing offices:-
(i) Directorate of Revenue Intelligence
(ii) Directorate General of Safeguards
(iii) Directorate General of Central Excise Intelligence
(iv) Directorate General of Inspection
(v) Directorate General of Vigilance
(vi) Directorate General of Service Tax
(vii) Directorate General of Audit
(viii) Directorate General of Export Promotion
(ix) Directorate General of Valuation
(x) Directorate General of Systems & Data Management
(xi) Directorate General of Human Resource Development
(xii) Directorate of Logistics
The Principal Chief Controller of Accounts, CBEC withthe assistance of the local Pay and Accounts Offices is responsiblefor accounting the revenue collections as well as expenditureincurred by the Department.
7. Department of Revenue has three Demands for Grants:
Demand No. 42 –Department of Revenue
Demand No. 43 —Direct Taxes and
Demand No. 44 –Indirect Taxes.
82Outcome Budget 2013-2014
STA
TE
ME
NT
OF
OU
TL
AYS
AN
D O
UT
CO
ME
S 20
13-1
4
1.M
ajor
Hea
d -2
052
Set
ting
upof
Tax
Inf
orm
atio
n E
xcha
nge
Syst
em et
c.(T
he B
udge
t pr
ovis
ion
is f
orgr
ant-
in-a
id t
o E
mpo
wer
edC
omm
itte
e (E
C)
for
impl
emen
ting
T
INX
SYS
Proj
ect,
VAT
Com
pute
rizat
ion
ofJ&
K &
HP
and
for
EC
’sad
min
istra
tive e
xpen
ditu
re)
2.M
ajor
Hea
d 20
47 –
Spe
cial
Purp
ose
Veh
icle
(SP
V)
for
Goo
ds &
Ser
vice
Tax
Net
wor
k(G
STN
)(T
he b
udge
t pr
ovis
ion
is f
orpr
ovid
ing
gran
ts-in
-aid
to
the
SPV
for G
STN
)
3.M
ajor
H
ead
-360
1/36
02C
ompe
nsat
ion
to S
tate
s/U
Ts f
or r
even
ue lo
sses
due
to
impl
emen
tati
on o
f VA
T a
ndot
her V
AT re
late
d ex
pend
iture
(The
Bud
get
Prov
isio
n is
for
prov
idin
g gr
ant-i
n-ai
d to
Sta
tes/
UTs
for
(i) V
AT c
ompe
nsat
ion,
and
(ii)
oth
er V
AT
rel
ated
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
me
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2013
-14
(` In
Cro
re)
Non
-Pla
nPl
an4
4(i)
4(ii)
Phys
ical
Out
puts
/Q
uant
ifiab
leD
eliv
erab
les
5
Proj
ecte
dO
utco
mes
6
Proc
esse
s/Ti
mel
ines
7
Rem
arks
/R
iskFa
ctor
s
8
Effe
ctiv
e tra
ckin
g of
in
te
r-
St
at
etra
nsac
tions
thro
ugh
TIN
XSY
S an
dsm
ooth
fun
ctio
ning
of
the
EC
an
dco
mpu
teri-
zatio
n of
VAT
adm
n. o
f H
Pan
d J&
K.
Spec
ial
Purp
ose
Vehi
cle f
or G
oods
&Se
rvic
e Tax
Net
wor
k
Smoo
th an
d ef
fect
ive
impl
emen
tatio
n of
Stat
e VAT
.
15.6
1 ..
.
100.
00...
51.0
0...
Impl
emen
tati
on
ofTI
NX
SYS
Proj
ect.
Smoo
th fu
nctio
ning
of E
C.
VAT
Com
pute
riza
tion
inJ&
K a
nd H
P.
To
crea
te
enab
ling
envi
ronm
ent
for
smoo
thin
trod
ucti
on
of
GST
.G
STN
:SPV
will
pro
vide
ITin
fras
truct
ure a
nd se
rvic
esto
var
ious
sta
keho
lder
s,in
clud
ing
the
Cen
tre a
ndth
e Sta
tes.
VAT
Impl
emen
tatio
n by
all
Stat
es/ U
Ts.
Effe
ctiv
e tra
ckin
gof
in
ter-
Stat
etr
ansa
ctio
ns,
whi
ch w
ill e
nabl
ech
ecki
ng
ofre
venu
e lea
kage
.
Mod
ern
VA
TA
dmin
istra
tion
inJ&
K a
nd H
P
Cab
inet
ha
sap
prov
ed
the
proj
ect f
or sm
ooth
and
effe
ctiv
eim
plem
enta
tion
ofG
ST.
Smoo
th
and
ef
fe
ct
iv
eim
plem
enta
tion
ofSt
ate V
AT
The T
INX
SYS
Proj
ect i
s bei
ngim
plem
ente
d by
EC
on
BOO
Tm
odel
thr
ough
a S
ervi
cePr
ovid
er. T
he p
roje
ct h
as b
een
exte
nded
up
to M
arch
, 20
13an
d is
al
so l
ikel
y to
be
cont
inue
d in
201
3-14
.
J&K
an
d H
P V
AT
Com
pute
rizat
ion
Proj
ects
hav
ebe
en ap
prov
ed an
d th
e pro
gres
sof
th
e pr
ojec
t is
be
ing
mon
itore
d by
the E
C.
Act
ion
is b
eing
tak
en i
nac
cord
ance
with
the
Cab
inet
appr
oval
and
the S
PV is
like
lyto
be
regi
ster
ed s
hort
ly a
s a
Non
-Gov
ernm
ent
Sect
ion
25C
ompa
ny.
As
per
agre
ed f
orm
ula,
VAT
Com
pens
atio
n w
as t
o be
prov
ided
for 2
005-
06 (1
00%
ofre
venu
e los
s), 2
006-
07 (7
5% of
reve
nue
loss
) an
d 20
07-0
8(5
0% o
f rev
enue
loss
). C
laim
sof
all
the
Stat
es h
ave
alre
ady
been
settl
ed.
83 Department of Revenue
expe
ndit
ure
and
sett
ing
up/
upgr
adat
ion
of tw
o In
stitu
tes f
orta
xatio
n st
udie
s in
Stat
es/U
Ts)
4.M
ajor
H
ead
-360
1/36
02C
ompe
nsat
ion
to S
tate
s/U
Ts f
or r
even
ue lo
sses
due
to
phas
ing
out
of C
entr
al S
ales
Tax
(The
Bud
get
Prov
isio
n is
for
prov
idin
g gr
ant-i
n-ai
d to
Sta
tes/
UTs
for C
ST c
ompe
nsat
ion.
)
Gra
nts-
in-a
id
toSt
ates
/UTs
for
CST
com
pens
atio
n to
faci
litat
e int
rodu
ctio
nof
Goo
ds &
Ser
vice
sTa
x (G
ST).
Proj
ects
of
33 S
tate
s/U
Tsun
der
Mis
sion
Mod
e Pr
ojec
tfo
r co
mpu
teri
zati
on
ofC
omm
erci
al
Taxe
sad
min
istr
atio
n ha
ve a
lrea
dybe
en s
anct
ione
d to
fac
ilita
teim
prov
emen
t of
se
rvic
ede
liver
s and
effic
ienc
y of S
tate
VAT
adm
inis
tratio
ns. F
urth
erba
lanc
e gra
nts w
ill b
e rel
ease
dto
th
e St
ates
fo
rim
plem
enta
tion
of
th
ese
proj
ects
.
The
prop
osal
for u
pgra
datio
nof
Cen
tre fo
r Tax
atio
n St
udie
sin
to a
Nat
iona
l In
stitu
te o
fPu
blic
Fin
ance
has
bee
nap
prov
ed a
nd fu
nds
rele
ased
to t
he S
tate
Gov
t.
The
prop
osal
for
set
ting
up o
f a
Nat
iona
l End
owm
ent C
entr
efo
r tr
aini
ng a
nd r
esea
rch
inPu
blic
Fin
ance
in th
e C
entr
efo
r Stu
dies
in S
ocia
l Sci
ence
s,K
olka
ta
has
also
be
enap
prov
ed a
nd fu
nds
rele
ased
to th
is C
entr
e.
CST
was
pla
nned
to be
pha
sed
out
in t
hree
yea
rs t
ime
with
effe
ct fr
om 1
.4.2
007.
Rat
e of
CST
was
redu
ced
from
4%
to3%
in 2
007-
08 a
nd to
2%
in20
08-0
9.
As
per
agre
edfo
rmul
a, C
ST c
ompe
nsat
ion
was
pro
vide
d to
the
Stat
es ti
ll20
10-1
1.
12
34
4(i)
4(ii)
56
78
80.0
0
9300
.00
...
Mod
erni
zatio
n of
Sta
te T
axA
dmin
istr
atio
n In
clud
ing
setti
ng u
p/ u
pgra
datio
n of
two
Inst
itute
s fo
r Tax
atio
nSt
udie
s in
Stat
es/U
Ts.
Impl
emen
tati
on b
y al
lSt
ates
/ UTs
.
Pha
sing
out
of C
ST
Smoo
th
and
ef
fe
ct
iv
eim
plem
enta
tion
ofph
asin
g ou
t of
CST
.
84Outcome Budget 2013-2014
12
34
4(i)
4(ii)
56
78
The
rev
enue
real
izat
ion
and
expe
ndit
ure
inc
ur
re
dde
pend
s up
ona
num
ber
offa
ctor
s li
kede
man
d of
Indi
an o
pium
in
the
inte
rnat
iona
lm
ar
ke
t,
fluct
uatio
n in
rate
of f
orei
gnex
ch
an
ge,
prod
uctio
n of
alk
alo
ids,
quan
tity
of
opiu
m
for
proc
urem
ent,
impo
rt
ofc
od
ei
ne
phos
phat
e etc
.
The
Gov
t. O
pium
&A
lkal
oid
Fact
orie
s in
Gha
zipu
r an
dN
eem
uch
are
two
de
pa
rtm
en
tal
un
de
rta
kin
gs
func
tion
ing
unde
rth
e D
epar
tmen
t of
Rev
enue
. E
ach
ofth
ese
unde
rtak
ings
has
two
sepa
rate
unit
s vi
z. O
pium
Fact
ory a
nd A
lkal
oid
Plan
t. T
he O
pium
Fact
orie
s ar
een
gage
d in
cat
erin
gto
the
dem
and
ofop
ium
and
the m
ajor
porti
on of
raw
opiu
mre
ceiv
ed f
rom
the
field
is e
xpor
ted.
Re
ve
nu
eR
eali
zati
on
ofRs
.347
.73
cror
e
The
pro
gres
s of
rev
enue
real
izat
ion
vis-
à-vi
sex
pend
iture
will
be
revi
ewed
mon
thly
/ qua
rterly
.
5.M
ajor
H
ead
2875
G
ovt.
Opi
um &
Alk
aloi
d W
orks
260.
14...
Proc
urem
ent
of 2
99.4
1M
Ts o
f raw
opi
um
Impo
rt o
f 20
MTs
of
Cod
eine
Pho
spha
te
Expo
rt of
Opi
um(3
78 M
T)an
d Sa
le o
f A
lkal
oids
(67.
05 M
T).
85 Department of Revenue
Reform Measures and Policy initiatives
Implementation of Value Added Tax (VAT) Scheme1. Introduction of State VAT is the most significant tax
reform measure taken at State level in recent times. The decisionto implement State VAT was taken in the meeting of theEmpowered Committee of State Finance Ministers (EC) held on18.06.2004, where a broad consensus was arrived at amongstthe States to introduce VAT w.e.f. 01.04.2005. Accordingly, VAThas been introduced by all States/UTs, except the UnionTerritories of Andaman & Nicobar Islands and Lakshadweepwhich do not have Sales Tax/ VAT, and an amount of Rs.19002.82crore has been paid as compensation related to loss due tointroduction of VAT to the States/UTs up to 31st December 2012.
The Budget provision for 2013-14 for various VAT relatedschemes has been proposed in the context of the role of the CentralGovernment as facilitator in implementation of State level VAT.
Phasing Out of Central Sales TaxThis is a logical corollary of State VAT implementation. The
Central Sales Tax, being a non-rebatable origin-based tax, isinconsistent with VAT and needs to be phased out. The phasingout of CST is also extremely important in the context of the planto introduce a unified national level Goods and Service Tax (GST)w.e.f. 1.4.2010. At the stage of discussions regarding phasingout of the CST, the States had insisted that they should becompensated for revenue loss on this account. A broad consensushad eventually been arrived at with the States for phasing out theCST over 3 years i.e. reducing it by 1% every year so as to abolishit by 31.3.2010. As part of this, the CST rate was reduced from4% to 3% w.e.f 01.04.2007 and further from 3% to 2% w.e.f.1.6.2008.
A package of compensation to the States for revenue loss onaccount of phasing out of the CST has also been mutually agreedupon. Under this package, the States are being compensatedthrough a combination of non-monetary and monetary measures.An amount of Rs.30860.42 crore has been released to the States/UTs up to 31st December 2012 as CST compensation. For thefinancial year 2013-14, a provision of Rs.9300 crore has beenproposed.
Mission Mode Project on Commercial TaxesUnder the National e-Governance Plan (NeGP) launched
by the Department of Information Technology, the Departmentof Revenue is coordinating a Mission Mode Project (MMP) on‘Commercial Taxes’, which is an important e-Governanceinitiative in the field of State taxes. In pursuance to this, theGovernment approved a Mission Mode Project forcomputerization of Commercial Taxes Administrations of StateGovernments under NeGP, with an overall cost of Rs.1133 crore,to help States to develop and upgrade the IT systems in theircommercial taxes administrations. The focus of the project, onthe one hand, is to provide improved set of services to the dealersand on the other, to improve the efficiency of the CommercialTaxes administrations of the State Governments. Under thisproject, Central Government and State Governments are required
to share fund roughly in the ratio of 70:30. However, keepingthe Special Category Status of North Eastern States, this ratiohas been fixed at 90:10 (Central share: State Governments’ share)whereas UTs without Legislature are being funded 100% byCentral Government.
A Project Empowered Committee (PEC) under chairmanshipof Revenue Secretary was constituted for sanctioning of States’proposals of computerization of Commercial Taxes Departments.The PEC has approved the project proposals of all 33 States/UTs, having overall cost of Rs.1030 crore. An amount ofRs.501.94 crore has been released to these States as part of Centralshare till 31st December, 2012.
In order to facilitate inter-state transactions, a TaxInformation Exchange System (TINXSYS) has been put in placeso that States can access information relating to issuance of Form-C and other inter-State sale related information. In this project,Central Government is funding 50% of the project cost whileStates collectively share the rest.
Goods & Service Tax (GST)The proposal to introduce a national level Goods and Service
Tax (GST) by April 1, 2010 was first mooted by then FinanceMinister in his Budget Speech for the financial year 2006-07.Since the proposal involved reform/restructuring of not onlyindirect taxes levied by the Centre but also the States, theresponsibility of preparing a Design and Road Map forimplementation of GST was assigned to the EmpoweredCommittee of State Finance Ministers (EC) chaired by Dr. AsimK. Dasgupta, Finance Minister of West Bengal.
In April 2008, the Empowered Committee submitted a reportto the Central Government titled “A Model and Roadmap forGoods & Service Tax (GST) in India” containing broadrecommendations about the structure and design of GST. A dualGST model with one component being Central GST and anotherState GST has been proposed in this paper. In response to thereport, the Department of Revenue made some suggestions to beincorporated in the design and structure of the proposed GST.
Based on inputs from Department of Revenue, Governmentof India and States, the EC released its ‘First Discussion Paperon Goods & Service Tax in India’ on 10th November, 2009 atNew Delhi. This Discussion Paper was released with the objectiveof generating a debate and obtaining inputs from all stakeholders– taxpayers, including industry, trade and agriculture as alsoconsumers. Department of Revenue has also sent its responseon the said paper to EC.
A Bill to further amend the Constitution to enableintroduction of Goods and Services Tax (GST) has beenintroduced in the Lok Sabha on 22.3.2011. The Bill has nowbeen referred to the Standing Committee on Finance by Lok SabhaSecretariat for examination and report thereon.
The Bill envisages setting up of the GST Council headed bythe Union Finance Minister having one Minister from each of
86Outcome Budget 2013-2014
the States. This Council is supposed to discuss and recommendkey GST parameters like threshold, exemptions, rates of tax etc.to Central and State Governments. Centre and States are expectedto follow the recommendations made. The Bill also envisagescreation of a GST Dispute Settlement Authority, which may beapproached by any State or Centre, if such State or Centre isaffected adversely by any action of a State or Centre, as the casemay be, arising because of deviation from the recommendationsmade by the GST Council. Efforts are being made to developconsensus so that the Constitutional Amendment Bill could befinalized and could be introduced in the Parliament at the earliest.After such a Bill is passed by the Parliament, it will requireratification by at least 50% of the States before it becomes lawof the land.
Three Sub-Working Groups of Officers have beenconstituted by the Department to work on various importantelements of GST. One Sub-working group is working onfinalization of the process regarding registration, return,payment etc., to be followed in GST regime. The second Sub-working group is working on drafting Central GST and ModelState GST Legislation. Third Sub-working group is trying tofinalize IT infrastructure related issues concerning GST. AnEmpowered Group for development of required IT systems forGST regime has been set up under the chairmanship of Dr.Nandan Nilekani. A Strategy Paper has been brought out bythis Empowered Group, which has also been approved by theEmpowered Committee of State Finance Ministers.
Setting up of Special Purpose Vehicle for Goods & ServiceTax NetworkGST is recognized internationally as a destination based
consumption tax which is least distortionary. The broadobjectives of introducing the Goods & Service Tax (GST) inIndia are to expand the tax base through wider coverage ofeconomic activities and reduction in exemptions; mitigatecascading and double taxation and enable better compliancethrough lowering of overall tax burden on goods and services.By removing hidden or embedded taxes, it would improve thecompetitiveness of domestic industry vis-a-vis imports and ininternational markets. This reform would also lead to thedevelopment of a common national market for goods and services.
Success of GST will also rest upon the robust ITinfrastructure. The Government has approved setting up of aSpecial Purpose Vehicle (SPV) for Goods & Service Tax Network(GSTN:SPV) to create enabling environment for smoothintroduction of GST. GSTN:SPV will provide IT infrastructureand services to various stakeholders, including the Centre andthe States.
The GSTN:SPV would be incorporated as Section 25 (not-for-profit) non-Government private limited company, in whichthe Government will retain strategic control. It would have anequity capital of Rs.10 crore, with the Centre and States havingequal stakes of 24.5% each. Non-governmental institutions wouldhold 51% equity . No single institution would hold more than10% equity, with the possibility of one private institution holdinga maximum of 21% equity.
GSTN SPV would have a self-sustaining revenue model,based on levy of user charges on tax payers and tax authorities
availing its services. While the SPV’s services would be criticalto actual rollout of GST at a future date, it is also expected torender valuable services to the Centre/State tax administrationsprior to the implementation of GST.
Support for upgradation to National level Institute ofPublic Finance & PolicyGovt. had decided to provide financial assistance for
upgradation of Centre for Taxation Studies, Thiruvananthapuramas the Centre of Excellence and setting up a new similar RegionalCentre in Eastern India.
The proposal for upgradation of Centre for Taxation Studiesinto Gulati Institute of Finance & Taxation (GIFT) at a total costof Rs.33.13 crore has already been approved by the Government.Department of Revenue agreed to provide grant-in-aid to theextent of Rs.23.63 crore out of this. A Tripartite Memorandumof Understanding has also been signed between Centre and StateGovernment and the Institute and an amount of Rs.14 crore, asCentral share of assistance, has been released to the Institute till30th December, 2012.
A proposal for providing funds to the Centre for SocialScience and Studies (CSSS), Kolkata for creating a corpus andrunning identified set of activities has been approved by theGovernment. A Memorandum of Understanding has been signedbetween the Central Government and Director, CSSSC, Kolkataand Rs.14 crore have been released to the Government of WestBengal for this purpose till December 2012.
Government Opium & Alkaloid WorksThe Government Opium & Alkaloid Works (GOAWs) at
Ghazipur (U.P.) and Neemuch (M.P.) are responsible forprocessing of raw opium for exports, manufacturing of opiatealkaloids and other related functions through its two factories atGhazipur (U.P.) and Neemuch (M.P.) Some of the major reformsand initiatives undertaken by GOAWs are as follows –
a) A Project at National Botanical Research Institute,Lucknow is being undertaken for development of highyielding varieties of opium poppy and installation ofclimate control chamber. The objective of this projectis to commercially develop and cultivate those varietiesof opium poppy which would have a higher alkaloidcontent to facilitate production of higher quantities ofalkaloids. This may lead to increase in revenue receiptsand lesser dependence on imports. This may also leadto increased compensation/income for opiumcultivators.
Monitoring Mechanism for Outcome BudgetA system of monthly report by Administrative and
Coordinating Units of respective items under Outcome Budgethas been introduced. Monthly and Quarterly review of trends ofexpenditure and progress under Outcome Budget is done at theDepartment/Ministry level. Project Monitoring/ImplementationCommittee have been established to review the implementationof major project items. For coordinated efforts and faster decisionmaking in massive computerization endeavors of CBDT &CBEC, an Empowered Committee is also functional whereeminent experts from Private Sector are also members.
87 Department of Revenue
STA
TU
S O
F O
UT
CO
ME
WIT
H R
EFE
RE
NC
E T
O O
UT
LAY
S - 2
011-
12
1M
ajor
Hea
d 20
52Im
plem
enta
tion
of
V
AT
Sche
me
2M
ajor
Hea
d 20
52Se
ttin
g up
of T
ax In
form
atio
nE
xcha
nge S
yste
m (T
INX
SYS)
Setti
ng u
p of
Mod
ern
VAT
Adm
inis
tratio
nSy
stem
in N
E St
ates
and
Sikk
im a
s al
sofa
cilit
atin
g si
mila
rac
tion
in o
ther
Sta
tes.
Effe
ctiv
e tra
ckin
g of
in
te
r-
St
at
etra
nsac
tions
thro
ugh
TIN
XSY
S an
dsm
ooth
fun
ctio
ning
of t
he E
mpo
wer
edC
omm
ittee
(EC
) an
dVA
T co
mpu
teriz
atio
nof
HP
and
J&K
1.79
1.60
11.0
810
.87
Com
pute
riza
tion
of V
ATad
min
istra
tion
in N
E St
ates
of A
runa
chal
Pra
desh
,M
anip
ur,
Miz
oram
,N
agal
and,
Trip
ura,
Sik
kim
and
Meg
hala
ya.
Impl
emen
tati
on
ofT
INX
SYS
Proj
ect
for
effe
ctiv
e tra
ckin
g of
inte
r-St
ate t
rans
actio
ns.
The
in
itia
l ph
ase
ofim
plem
enta
tion
of
the
Proj
ect
on T
urnk
ey b
asis
has b
een
com
plet
ed.
The
TIN
XSY
S Pr
ojec
t is
bein
g im
plem
ente
d by
EC
on B
OO
T m
odel
thro
ugh
aSe
rvic
e Pr
ovid
er.
The
initi
al im
plem
enta
tion
to be
com
plet
ed d
urin
g 20
09-1
0.Th
erea
fter,
it is
to b
e run
by
the
Serv
ice
Prov
ider
for
anot
her
abou
t 2
year
s,be
fore
tran
sfer
to E
C.
Und
er th
is sc
hem
e, pr
ovisi
on h
as b
een
mad
e fo
r ta
king
ahe
ad t
he V
ATCo
mpu
teriz
atio
n in
Nor
th-E
aste
rn S
tate
sof
Aru
nach
al Pr
ades
h, M
anip
ur, M
izor
am,
Nag
alan
d, T
ripur
a an
d Si
kkim
and
for
othe
r VAT
rela
ted
expe
nditu
re. T
he V
ATco
mpu
teri
zatio
n in
Sik
kim
has
bee
nun
derta
ken
by N
IC an
d in o
ther
NE
state
sby
TCS
(on
turn
key
basis
). T
he in
itial
phas
e of i
mpl
emen
tatio
n of
thes
e Pro
jects
has
been
com
plet
ed.
Exp
endi
ture
of
Rs.6
.21
cror
e w
as in
curr
ed in
the
year
2009
-10,
Rs.5
.56
cror
e in
201
0-11
and
Rs.
1.57
cro
re i
n 20
11-1
2. T
he t
otal
expe
nditu
re s
tart
ing
from
200
4-05
incl
udin
g op
erat
ions
and
mai
nten
ance
expe
nditu
re is
Rs.3
8.09
cror
e.
The
TIN
XSY
S Pr
ojec
t is
bei
ngim
plem
ente
d w
ith co
st sh
arin
g be
twee
nth
e C
entre
and
the
Stat
e G
over
nmen
tson
50:
50 b
asis
with
tota
l out
lay o
f Rs.3
0cr
ores
ove
r 5
year
per
iod.
T
heim
plem
enta
tion
of
TIN
XSY
S is
prog
ress
ing
fairl
y w
ell.
The
Pro
ject
has
been
rev
iew
ed a
nd m
onito
red
by t
heEm
pow
ered
Com
mitt
ee (
EC).
At t
here
ques
t of
the
EC
, pr
ojec
t sp
ecif
icre
view
/ mon
itorin
g m
eetin
gs a
re n
owbe
ing
held
und
er th
e joi
nt ch
airm
ansh
ipof
Add
ition
al S
ecre
tary
(Rev
enue
) and
Mem
ber-
Secr
etar
y, EC
. Ex
tens
ion
ofth
is p
roje
ct h
as b
een
acco
rded
up
to31
.3.2
013.
An
amou
nt o
f Rs.2
.31
cror
ew
as r
elea
sed
to E
C i
n 20
10-1
1 an
dRs
.2.0
4 cr
ore
in 2
011-
12.
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
me
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2011
-12
(` In
Cro
re)
B.E
.R
.E.
4
Qua
ntifi
able
Del
iver
able
s
56
Proc
esse
s/Ti
mel
ines
Stat
us a
s on
31 st
Mar
ch, 2
012
7
88Outcome Budget 2013-2014
An
amou
nt o
f Rs.7
cro
re w
as re
leas
edas
Cen
tral s
hare
in 2
009-
2010
. EC
has
sign
ed t
he a
gree
men
t w
ith v
endo
rsse
lect
ed.
The
wor
k ha
s bee
n st
arte
d in
thes
e tw
o St
ates
. Th
e web
site
has
bee
nla
unch
ed fo
r bo
th th
e St
ates
. Re
view
mee
tings
hav
e be
en h
eld
at r
egul
arin
terv
als.
An
amou
nt o
f Rs.2
.99
cror
ew
as re
leas
ed in
201
0-11
. H
owev
er, n
oam
ount
was
rele
ased
in 2
011-
12.
Und
er t
his
Sche
me,
gra
nt-i
n-ai
d is
rele
ased
to S
tate
s/ U
Ts fo
r com
pens
atin
gth
em fo
r rev
enue
loss
due t
o int
rodu
ctio
nof
VAT
. Th
e to
tal a
mou
nt r
elea
sed
sofa
r is
Rs.1
9002
.82
cror
e, o
ut o
f whi
chRs
.247
1.27
cro
re w
as r
elea
sed
durin
g20
05-0
6, R
s.409
2.13
cror
e dur
ing
2006
-07
, Rs.3
880.
48 c
rore
dur
ing
2007
-08,
Rs.
4361
.95
cror
e du
ring
200
8-09
,R
s.30
02
cror
e du
ring
20
09-1
0,Rs
.879
.17
cror
e du
ring
201
0-11
and
Rs.3
15.8
2 cr
ore i
n 20
11-1
2.
The
M
issi
on
Mod
e Pr
ojec
t fo
rC
omm
erci
al T
axat
ion
(MM
P-C
T) f
orm
oder
niza
tion
of
St
ate
VA
TA
dmin
istra
tions
was
app
rove
d by
the
Cab
inet
. Pro
ject
pro
posa
ls o
f 33
Stat
es/
UTs
hav
e al
read
y be
en a
ppro
ved
with
over
all c
ost o
f Rs.1
133
cror
e, o
f whi
chC
entra
l sha
re is
abou
t Rs.8
00 cr
ore.
An
amou
nt o
f R
s.45
4.15
cro
re (
Rs.
145
cror
e in
200
9-10
, Rs
.206
.32
cror
e in
2010
-11
and
Rs.1
02.8
3 cr
ore
in 2
011-
12) h
as b
een
rele
ased
as C
entra
l sha
re.
The
pro
ject
pro
posa
l fo
r fi
nanc
ial
assi
stanc
e for
upg
rada
tion
of th
e Cen
trefo
r Tax
atio
n St
udie
s int
o Gul
ati I
nstit
ute
for F
inan
ce &
Tax
atio
n (G
IFT)
at a
tota
lco
st o
f Rs
.23.
63 c
rore
has
sin
ce b
een
HP
and
J&K
V
AT
com
pute
riza
tion
Proj
ect:
Sanc
tion
fo
rim
plem
enta
tion
of
the
proj
ect h
as b
een
issu
ed o
n3.
7.20
09.
E
C
is
toim
plem
ent t
he p
roje
ct.
As p
er ag
reed
form
ula,
VAT
Com
pens
atio
n is
to
bepr
ovid
ed f
or 2
005-
06,
2006
-07
and
2007
-08.
Pend
ing
Cla
ims o
f the
last
part
of 2
007-
08 w
ould
nee
dto
be
settl
ed.
Supp
ort f
or m
oder
niza
tion
of S
tate
VAT
adm
inist
ratio
n
Setti
ng u
p/ u
pgra
datio
n of
two
Inst
itute
s fo
r Tax
atio
nSt
udie
s in
Stat
es/U
Ts
12
34
56
7
3M
ajor
Hea
d 36
01/3
602
Com
pens
atio
n to
Sta
tes/
UTs
for
reve
nue
loss
du
e to
impl
emen
ta-t
ion
of V
AT a
ndot
her V
AT re
late
d ex
pend
iture
Gra
nt-in
-aid
to S
tate
sfo
r (i
) V
AT
com
pens
atio
n an
d (ii
)ot
her
VAT
rel
ated
expe
nditu
re
734.
0050
0.00
To c
ompe
nsat
e St
ates
/UTs
for
reve
nue
loss
due
to
intro
duct
ion
of V
AT w
ith a
view
to
en
sure
V
AT
impl
emen
tati
on
of
all
Stat
es/U
Ts a
s w
ell
as f
orm
eetin
g ot
her V
AT re
late
dex
pend
iture
of S
tate
s/U
Ts
89 Department of Revenue
4M
ajor
Hea
d 36
01/3
602
Com
pens
atio
n to
Sta
tes/
UTs
for r
even
ue lo
ss d
ue to
pha
sing
out o
f CST
5M
ajor
Hea
d 28
75G
over
nmen
tO
pium
& A
lkal
oid
Wor
ks
12
34
56
7
Gra
nt-i
n-ai
d to
Stat
es/U
Ts f
or C
STco
mpe
nsat
ion
To ca
ter t
he d
eman
dof
op
ium
an
dal
kalo
ids
for
do
me
st
ic
cons
umpt
ion
as w
ell
as
inte
rnat
iona
lm
arke
t.
1200
0.00
4172
.58
364.
0844
9.62
To c
ompe
nsat
e St
ates
/UTs
for
reve
nue
loss
due
to
phas
ing
out o
f CST
Proc
urem
ent
of O
pium
(796
MTs
)
Proc
urem
ent o
f 66
MTs
of
Cod
eine
Pho
spha
te
Expo
rt o
f O
pium
(
498
MTs
) an
dSal
e of
alka
loid
s(97
MTs
)
This
will
resu
lt in
to re
venu
ere
ceip
t of R
s.432
.47
cror
e.
CST
is b
eing
pha
sed
out i
n3
year
s tim
e. A
s per
agr
eed
form
ula,
CST
com
pens
atio
nw
ill n
eed
to b
e pr
ovid
ed to
the S
tate
s till
200
9-10
. It h
asno
w b
een
agre
ed th
at C
STC
ompe
nsat
ion
to th
e St
ates
be
give
n fo
r th
e ye
ar20
10-1
1 al
so.
The
pro
gres
s of
rev
enue
real
izat
ion
vis-
à-vi
sex
pend
itur
e w
as t
o be
revi
ewed
mon
thly
/ qua
rterly
.
appr
oved
and
two
inst
alm
ent o
f gra
ntof
Rs.4
cror
e and
Rs.1
0 cr
ore
rele
ased
to th
e In
stitu
te.
MoU
for u
pgra
datio
nof
CTS
, Ker
ala
has b
een
sign
ed.
Ano
ther
pro
posa
l to
pro
vide
cor
pus
fund
to th
e Cen
tre fo
r Stu
dies
in S
ocia
lSc
ienc
es,
(CSS
S) K
olka
ta h
as b
een
appr
oved
. M
OU
has
als
o be
en si
gned
betw
een
the
Cen
tral
Gov
t an
d th
eC
entre
. An
amou
nt o
f Rs.1
4 cr
ore h
asbe
en r
elea
sed
to t
he G
ovt.
of W
est
Beng
al fo
r tra
nsfe
rrin
g it
to th
e CSS
S.
Und
er t
his
Sche
me,
gra
nt-i
n-ai
d is
rele
ased
to
St
ates
/ U
Ts
for
com
pens
atin
g the
m fo
r rev
enue
loss
due
to p
hasi
ng o
ut o
f CST
. A
n am
ount
of
Rs.3
0860
.42
cror
e has
bee
n re
leas
ed to
the
Stat
e G
ovts
till
Dec
embe
r 20
11,
whi
ch in
clud
e an
amou
nt of
Rs.2
168.
88cr
ore
rele
ased
in
2007
-08,
Rs.
1950
cror
e in
200
8-09
, Rs.8
735.
18 c
rore
in20
09-1
0; R
s.138
33.7
8 cr
ore
in 2
010-
11 a
nd R
s.417
2.58
cro
re in
201
1-12
.Th
e fo
rmul
a on
the
bas
is o
f w
hich
clai
ms
for
2010
-11
are
to b
e fin
ally
settl
ed is
yet
to b
e w
orke
d ou
t.
Aga
inst
the p
rojec
ted
quan
tity,
811 M
Tsof
opi
um a
nd 5
3.4
MTs
of
Cod
eine
Phos
phat
e w
as p
rocu
red
in 2
011-
12.
The
opiu
m e
xpor
t was
455
.59
MTs
in20
11-1
2 ag
ains
t the
targ
eted
exp
ort o
f49
8 MTs
. The
sale
of A
lkal
oids
has
been
84.1
3 M
Ts ag
ains
t the
targ
et of
97
MTs
.R
even
ue R
ecei
pts
in 2
011-
12 w
ere
Rs.
383.
54 c
rore
aga
inst
pro
ject
edre
venu
e re
ceip
t of R
s.432
.47
cror
e at
RE st
age.
The
expe
nditu
re in
201
1-12
on G
ovt.
Opi
um &
Alk
aloi
d W
orks
was
Rs.4
22.2
9 cr
ore.
90Outcome Budget 2013-2014
STA
TU
S O
F O
UT
CO
ME
WIT
H R
EFE
RE
NC
E T
O O
UT
LAY
S - 2
012-
13
1M
ajor
Hea
d 20
52Im
plem
enta
tion
of
V
AT
Sche
me
2M
ajor
Hea
d 20
52Se
ttin
g up
of T
ax In
form
atio
nE
xcha
nge S
yste
m (T
INX
SYS)
3M
ajor
Hea
d 36
01/3
602
Com
pens
atio
n to
Sta
tes/
UTs
for
reve
nue
loss
du
e to
impl
emen
ta-t
ion
of V
AT a
ndot
her V
AT re
late
d ex
pend
iture
Setti
ng u
p of
Mod
ern
VAT
Adm
inis
tratio
nSy
stem
in N
E St
ates
and
Sikk
im a
s al
sofa
cilit
atin
g si
mila
rac
tion
in o
ther
Sta
tes.
Effe
ctiv
e tra
ckin
g of
in
te
r-
St
at
etra
nsac
tions
thro
ugh
TIN
XSY
S an
dsm
ooth
fun
ctio
ning
of t
he E
mpo
wer
edC
omm
ittee
(EC
) an
dVA
T co
mpu
teriz
atio
nof
HP
and
J&K
Gra
nt-in
-aid
to S
tate
sfo
r (i
) V
AT
com
pens
atio
n an
d(ii
) oth
er V
AT re
late
dex
pend
iture
0.19
0.14
10.5
16.
38
200.
0010
9.71
Com
pute
riza
tion
of V
ATad
min
istra
tion
in N
E St
ates
of A
runa
chal
Pra
desh
,M
anip
ur,
Miz
oram
,N
agal
and,
Trip
ura,
Sik
kim
and
Meg
hala
ya.
Impl
emen
tati
on
ofT
INX
SYS
Proj
ect
for
effe
ctiv
e tra
ckin
g of
inte
r-St
ate t
rans
actio
ns.
To
com
pens
ate S
tate
s/UTs
for
reve
nue
loss
due
to
intro
duct
ion
of V
AT w
ith a
view
to
en
sure
V
AT
impl
emen
tati
on o
f al
l
The
in
itia
l ph
ase
ofim
plem
enta
tion
of
the
Proj
ect
on T
urnk
ey b
asis
has b
een
com
plet
ed.
The
TIN
XSY
S Pr
ojec
t is
bein
g im
plem
ente
d by
EC
on B
OO
T m
odel
thro
ugh
aSe
rvic
e Pr
ovid
er.
HP
and
J&K
V
AT
com
pute
riza
tion
Proj
ect:
The p
roje
ct w
ith to
tal o
utla
yof
Rs.
40.4
9 cr
ore,
wit
hC
entra
l sh
are
of R
s.25
.33
cror
e, h
as b
een
appr
oved
.EC
is
impl
emen
ting
the
proj
ect.
As p
er ag
reed
form
ula,
VAT
Com
pens
atio
n is
to
bepr
ovid
ed f
or 2
005-
06,
2006
-07
and
2007
-08.
Und
er th
is sc
hem
e, p
rovi
sion
was
mad
efo
r ta
king
ah
ead
the
VAT
Com
pute
rizat
ion
in N
orth
-Eas
tern
Sta
tes
and
for o
ther
VAT
rela
ted
expe
nditu
re.
The p
roje
ct h
as en
ded
on 3
1.3.
2011
and
now
the S
tate
s are
bein
g pr
ovid
ed fu
nds
thro
ugh
MM
P-C
T Sc
hem
e.
The
TIN
XSY
S Pr
ojec
t is
bei
ngim
plem
ente
d w
ith co
st sh
arin
g be
twee
nth
e C
entre
and
the
Stat
e G
over
nmen
tson
50:
50 b
asis
. Pro
ject
spec
ific r
evie
w/
mon
itorin
g m
eetin
gs ar
e now
bein
g he
ldun
der
the
join
t ch
airm
ansh
ip o
fA
dditi
onal
Sec
reta
ry (
Reve
nue)
and
Mem
ber-
Secr
etar
y, EC
. Ex
tens
ion
ofth
is p
roje
ct h
as b
een
acco
rded
up
to31
.3.2
013.
The p
roje
ct a
ctiv
ities
hav
e bee
n st
arte
din
bot
h th
e St
ates
. T
he S
tate
s ha
veal
read
y lau
nche
d/sta
rted
e-re
gistr
atio
n,e-
retu
rn, e
-pay
men
t, e-
way
bill
faci
litie
sfo
r the
ir de
aler
s. T
he p
roje
ct a
ctiv
ities
are b
eing
revi
ewed
at re
gula
r int
erva
ls.
An
amou
nt o
f Rs.9
.99
cror
e ha
d be
enre
leas
ed u
p to
31.
3.20
11 an
d no
amou
ntha
s bee
n re
leas
ed in
this
fina
ncia
l yea
rso
far.
Unde
r thi
s Sch
eme,
gran
t-in-
aid i
s rele
ased
to S
tate
s/ U
Ts fo
r com
pens
atin
g th
em fo
rre
venu
e los
s due
to in
trodu
ctio
n of
VAT
.Th
e to
tal
amou
nt r
elea
sed
so f
ar i
sR
s.19
002.
82 c
rore
, ou
t of
whi
ch
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
me
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2012
-13
(` In
Cro
re)
B.E
.R
.E.
4
Qua
ntifi
able
Del
iver
able
s
56
Proc
esse
s/Ti
mel
ines
Stat
us a
s on
31 st
Dec
embe
r, 20
12
7
91 Department of Revenue
Rs.2
471.
27 c
rore
was
rel
ease
d du
ring
2005
-06,
Rs.4
092.
13 cr
ore d
urin
g 200
6-07
, Rs.3
880.
48 c
rore
dur
ing
2007
-08,
Rs.
4361
.95
cror
e du
ring
200
8-09
,Rs
.300
2 cro
re du
ring 2
009-
10, R
s.879
.17
cror
e dur
ing 2
010-
11 an
d Rs.3
15.8
2 cro
rein
2011
-12.
Cla
ims o
f all S
tates
hav
e bee
nse
ttled
. Det
ails
of S
tate
-wise
and
yea
r-w
ise re
leas
es ar
e giv
en in
Cha
pter
-V.
The
M
issi
on
Mod
e Pr
ojec
t fo
rC
omm
erci
al T
axat
ion
(MM
P-C
T) f
orm
oder
niza
tion
of
St
ate
VAT
Adm
inist
ratio
ns w
as a
ppro
ved
by t
heC
abin
et. P
roje
ct p
ropo
sals
of 3
3 St
ates
/U
Ts h
ave
alre
ady
been
app
rove
d w
ithov
eral
l co
st o
f Rs
.102
9.70
cro
re,
ofw
hich
Cen
tral
shar
e is
abo
ut R
s.725
cror
e. A
n am
ount
of R
s.501
.94
cror
e(R
s.145
cror
e in
2009
-10 a
nd R
s.206
.32
cror
e in
201
0-11
, Rs
.102
.83
cror
e in
2011
-12
and
Rs.4
7.79
cror
e in
2012
-13
has b
een
rele
ased
as C
entra
l sha
re.
The
proj
ect
prop
osal
for
fin
anci
alas
sista
nce f
or u
pgra
datio
n of
the C
entre
for T
axat
ion
Stud
ies i
nto G
ulat
i Ins
titut
efo
r Fin
ance
& T
axat
ion
(GIF
T) at
a to
tal
cost
of
Rs.
23.6
3 cr
ore
has
bee
nap
prov
ed a
nd tw
o in
stal
men
t of g
rant
of R
s.4 c
rore
and
Rs.1
0 cr
ore
rele
ased
to th
e In
stitu
te.
MoU
for u
pgra
datio
nof
CTS
, Ker
ala
has b
een
sign
ed.
Ano
ther
pro
posa
l to
pro
vide
cor
pus
fund
to th
e Cen
tre fo
r Stu
dies
in S
ocia
lSc
ienc
es,
(CSS
S) K
olka
ta h
as b
een
appr
oved
. M
OU
has
als
o be
en si
gned
betw
een
the
Cen
tral
Gov
t an
d th
eC
entre
. An
amou
nt o
f Rs.1
4 cr
ore h
asbe
en r
elea
sed
to t
he G
ovt.
of W
est
Beng
al fo
r tra
nsfe
rrin
g it
to th
e CSS
S.
12
34
56
7St
ates
/UTs
as
wel
l as
for
mee
ting
othe
r VAT
rela
ted
expe
nditu
re o
f Sta
tes/
UTs
Supp
ort
for
mod
erni
zatio
nof
Sta
te V
AT ad
min
istra
tion
Setti
ng u
p/ u
pgra
datio
n of
two
Inst
itute
s fo
r Ta
xatio
nSt
udie
s in
Stat
es/U
Ts
92Outcome Budget 2013-2014
12
34
56
730
0.00
10.0
0
380.
1946
0.35
Und
er t
his
Sche
me,
gra
nt-i
n-ai
d is
rele
ased
to
St
ates
/ U
Ts
for
com
pens
atin
g th
em fo
r rev
enue
loss
due
to p
hasi
ng o
ut o
f CST
. A
n am
ount
of
Rs.3
0860
.42
cror
e has
bee
n re
leas
ed to
the
Stat
e G
ovts
till
Dec
embe
r 20
11,
whi
ch in
clud
e an
amou
nt of
Rs.2
168.
88cr
ore
rele
ased
in
2007
-08,
Rs.
1950
cror
e in
200
8-09
, Rs.8
735.
18 c
rore
in20
09-1
0; R
s.138
33.7
8 cr
ore i
n 20
10-1
1an
d Rs
.417
2.58
cro
re in
201
1-12
. N
oam
ount
has
bee
n re
leas
ed to
the
Stat
esin
the c
urre
nt fi
nanc
ial y
ear.
Det
ails
of
Stat
e-w
ise
and
year
-wis
e re
leas
es a
regi
ven
in C
hapt
er-V
. Fo
rmul
a on
the
basi
s of
whi
ch c
laim
s fo
r FY
201
0-11
are
to b
e fin
ally
set
tled
is y
et t
o be
wor
ked
out.
Aga
inst
the p
roje
cted
qua
ntity
, 602
MTs
of o
pium
and
43
MTs
of
Cod
eine
Phos
phat
e ha
ve b
een
proc
ured
till
Dec
embe
r 201
2. T
he o
pium
expo
rt ha
sbe
en 2
81 M
Ts u
p to
Dec
embe
r, 20
12ag
ains
t the
targ
eted
expo
rt of
438
MTs
.Th
e sal
e of A
lkal
oids
has
bee
n 44
MTs
agai
nst t
he ta
rget
of 8
6.6
MTs
.
Reve
nue
Rece
ipts
in
2012
-13
(up
toD
ecem
ber 2
012)
hav
e be
en R
s.265
.79
cror
e aga
inst
pro
ject
ed re
venu
e rec
eipt
of R
s.440
.03
cror
e at
RE
stag
e.
The
expe
nditu
re u
p to
Dec
embe
r, 20
12 o
nG
ovt.
Opi
um &
Alk
aloi
d W
orks
is
Rs.2
87.5
7 cr
ore.
The
prog
ress
of
reve
nue
real
izat
ion
vis-
à-vi
sex
pend
itur
e w
as t
o be
revi
ewed
m
onth
ly/
quar
terly
.
To c
ompe
nsat
e St
ates
/UTs
for
reve
nue
loss
due
to
phas
ing
out o
f CST
Proc
urem
ent
of O
pium
(114
3 M
Ts)
Proc
urem
ent o
f 50
MTs
of
Cod
eine
Pho
spha
te
Expo
rt o
f O
pium
(
438
MTs
) an
dSal
e of
alka
loid
s(86
.6 M
Ts)
This
will
resu
lt in
to re
venu
ere
ceip
t of R
s.440
.03
cror
e.
4M
ajor
H
ead
3601
/36
02C
ompe
nsat
ion
to S
tate
s/U
Ts f
or r
even
ue l
oss
due
toph
asin
g ou
t of C
ST
5M
ajor
Hea
d 28
75G
over
nmen
t O
pium
&
Alk
aloi
d W
orks
Gra
nt-in
-aid
to S
tate
s/U
Ts
for
CST
com
pens
atio
n
To c
ater
the
dem
and
of
opiu
m
and
alka
loid
s for
dom
estic
cons
umpt
ion
as w
ell
as
inte
rnat
iona
lm
arke
t.
93 Department of Revenue
FIN
AN
CIA
L R
EV
IEW
AN
ALY
SIS
OF
OV
ER
AL
L T
RE
ND
S IN
EX
PEN
DIT
UR
E V
IS-À
-VIS
BU
DG
ET
EST
IMAT
ES/
RE
VIS
ED
EST
IMA
TE
S(`
in c
rore
)
Maj
or20
10-1
120
11-1
220
12-1
3H
ead
B.E
.R
.E.
Act
ual
B.E
.R
.E.
Act
ual
B.E
.R
.E.
Act
ual
Exp
end.
Exp
end.
Exp
.(ti
ll31
.12.
12)
Secr
etar
iat-G
ener
al S
ervi
ces
2052
144.
5013
2.03
119.
9612
8.05
140.
5512
0.62
161.
7614
5.05
92.9
6To
tal
2052
144.
5013
2.03
119.
9612
8.05
140.
5512
0.62
161.
7614
5.05
92.9
6
Oth
er F
isca
l Ser
vice
sEn
forc
emen
t Dire
ctor
ate
2047
34.5
138
.40
38.1
439
.41
41.4
341
.49
53.8
049
.50
32.9
2N
atio
nal I
nstit
ute o
f Pub
lic20
476.
947.
307.
087.
847.
667.
668.
5018
.65
8.30
Fina
nce
& P
olic
yIn
tern
atio
nal C
oope
ratio
n20
470.
720.
760.
700.
721.
051.
010.
781.
000.
89O
ther
Exp
dtr.(
ATFP
/CES
TAT)
2047
18.5
519
.91
17.2
119
.00
19.6
718
.30
19.1
618
.85
13.6
1G
STN
:SPV
2047
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.00
0.00
Tota
l20
4760
.72
66.3
763
.13
66.9
769
.81
68.4
682
.24
89.0
055
.72
Oth
er A
dmin
istr
ativ
e Se
rvic
esN
arco
tics C
ontr
ol20
7034
.18
41.9
735
.45
39.6
140
.63
33.1
437
.92
36.6
224
.84
Inte
rnat
iona
l Coo
pera
tion
etc.
2070
1.46
3.55
2.40
3.55
3.49
3.38
3.54
2.94
0.47
Tran
sfer
to N
atio
nal F
und
for
2070
2.00
2.00
0.00
2.00
0.00
0.00
1.00
1.00
0.00
Con
trol o
f Dru
g A
buse
Tota
l20
7037
.64
47.5
237
.85
45.1
644
.12
36.5
242
.46
40.5
625
.31
Opi
um &
Alk
aloi
dsFa
ctor
ies
Reve
nue E
xpen
ditu
re28
7547
6.87
349.
6030
1.08
363.
5044
9.06
421.
7837
9.63
460.
0128
7.21
Chi
ef C
ontro
ller,
Gov
t. O
pium
2875
0.57
0.72
0.74
0.58
0.56
0.51
0.56
0.55
0.39
& A
lkal
oid
Fact
orie
sTo
tal
2875
477.
4435
0.32
301.
8236
4.08
449.
6242
2.29
380.
1946
0.56
287.
60
Oth
er T
axes
& D
utie
s on
Com
mod
ities
& S
ervi
ces
Col
lect
ion
of In
land
Air
Tra
vel
2045
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax
Col
lect
ion
of F
orei
gn T
rave
l Tax
2045
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tota
l20
450.
020.
000.
000.
000.
000.
000.
000.
000.
00
94Outcome Budget 2013-2014
(` in
cro
re)
Maj
or20
10-1
120
11-1
220
12-1
3H
ead
B.E
.R
.E.
Act
ual
B.E
.R
.E.
Act
ual
B.E
.R
.E.
Act
ual
Exp
end.
Exp
end.
Exp
.(ti
ll31
.12.
12)
Col
lect
ion
of T
axes
on
Inco
me
& E
xpen
ditu
reO
ther
Cha
rges
2020
0.45
0.40
0.29
0.40
0.40
0.30
0.40
0.36
0.11
Tota
l20
200.
450.
400.
290.
400.
400.
300.
400.
360.
11
Gra
nt in
Aid
to S
tate
s (VA
T)36
0137
6.00
874.
9510
83.1
672
4.00
495.
0043
6.18
195.
0010
6.71
47.0
4G
rant
in A
id to
UTs
(VAT
)36
0225
.00
10.0
08.
8010
.00
5.00
0.00
5.00
3.00
0.74
Gra
nt-in
-Aid
to S
tate
s (C
ST)
3601
1000
0.00
1400
0.00
1383
3.78
1200
0.00
4172
.58
4172
.58
300.
0010
.00
0.00
Gra
nt-in
-Aid
to U
Ts (C
ST)
3602
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tota
l10
401.
0014
884.
9514
925.
712
734.
0046
72.5
846
08.7
650
0.00
119.
7147
.78
Aid
Mat
eria
ls &
Equ
ipm
ent
3606
0.35
0.35
0.00
0.35
0.00
0.00
0.00
0.00
0.00
Tota
l (R
even
ue S
ectio
n)11
122.
1215
481.
9415
448.
7913
339.
0153
77.0
852
56.9
511
67.0
585
5.24
509.
48
Cap
ital S
ectio
nC
apita
l out
lay
for G
STN
:SPV
4047
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2.45
0.00
Cap
ital E
xpen
ditu
re o
n G
OAW
s48
750.
771.
770.
170.
840.
700.
501.
530.
300.
02Pu
rcha
se o
f Rea
dy-b
uilt
Acc
omm
odat
ion
Resi
dent
ial B
uild
ing
4216
0.00
0.10
0.10
7.05
0.01
0.01
0.01
0.00
0.00
Cap
ital O
utla
y on
Pub
lic W
orks
4059
0.00
26.0
024
.84
10.0
05.
003.
0610
.00
6.16
2.03
Tota
l (C
apita
l Sec
tion)
0.77
27.8
725
.11
17.8
95.
713.
5711
.54
8.91
2.05
Gra
nd T
otal
1112
2.89
1550
9.81
1547
3.90
1335
6.90
5382
.79
5260
.52
1178
.59
864.
1551
1.53
Less
(I) R
even
ue R
ecei
pts
308.
0028
5.60
237.
2131
2.00
432.
4738
3.54
366.
7344
0.03
265.
79(ii
) Rec
over
ies
54.8
958
.82
46.2
753
.97
42.6
034
.18
42.2
252
.34
0.00
Net
1076
0.00
1516
5.39
1519
0.42
1299
0.93
4907
.72
4842
.80
769.
6437
1.78
245.
74
95 Department of Revenue
STA
TE
ME
NT
SHO
WIN
G A
CT
UA
L E
XPE
ND
ITU
RE
VIS
-À-V
IS B
E/R
E F
OR
TH
E Y
EA
RS
2010
-11,
201
1-12
AN
D 2
012-
13 -
OB
JEC
T H
EA
D-W
ISE (`
in c
rore
)
2010
-11
2011
-12
2012
-13
Hea
dB
.E.
R.E
.A
ctua
lB
.E.
R.E
.A
ctua
lB
.E.
R.E
.A
ctua
lE
xpen
d.E
xpen
d. E
xp.
(till
31.1
2.12
)
Rev
enue
Sec
tion
Sala
ry14
3.45
143.
4615
0.22
152.
4415
8.87
153.
1618
7.58
177.
2913
7.10
Wag
es0.
500.
490.
400.
510.
500.
351.
120.
480.
25
Ove
rtim
e Allo
wan
ce1.
891.
581.
230.
691.
771.
321.
751.
570.
84
Pens
iona
ry C
harg
es1.
251.
231.
111.
291.
030.
920.
990.
960.
00
Rew
ards
0.32
0.32
0.13
0.32
0.30
0.28
0.32
0.07
0.00
Med
ical
Tre
atm
ent
2.61
3.03
2.61
2.98
3.29
2.52
3.42
3.09
1.61
Dom
estic
Tra
vel E
xpen
ses
5.46
6.77
6.41
6.52
7.13
7.79
6.81
6.81
4.74
Fore
ign
Trav
el E
xpen
ses
3.46
4.59
4.36
4.79
4.96
5.01
7.27
5.06
2.49
Offi
ce E
xpen
ses
23.8
730
.38
28.2
726
.527
.54
26.1
528
.85
25.9
126
.28
Rent
, Rat
es &
Tax
es7.
198.
916.
008.
7113
.41
12.5
216
.78
16.9
57.
14
Publ
icat
ions
0.39
0.50
0.53
0.51
0.64
0.59
0.60
0.60
0.12
Bank
ing
Tran
sact
ion
Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Oth
er A
dmin
istra
tive S
ervi
ces
1.89
2.43
2.34
4.41
4.28
4.38
2.62
3.16
1.96
Supp
lies &
Mat
eria
l(Vot
ed)
371.
6425
2.59
205.
6726
5.58
353.
5733
5.11
285.
3935
5.68
255.
32
Supp
lies &
Mat
eria
l(Cha
rged
)0.
000.
000.
000.
000.
000.
000.
000.
000.
00
Adv
ertis
ing
& P
ublic
ity0.
240.
570.
400.
490.
480.
220.
380.
290.
06
Min
or W
orks
1.20
1.75
1.48
1.21
1.45
1.30
1.24
1.45
0.41
Prof
essi
onal
Ser
vice
s11
.58
12.3
813
.08
12.4
121
.57
18.3
816
.55
18.7
011
.27
Oth
er C
ontra
ctua
l Ser
vice
s0.
350.
350.
000.
350.
000.
000.
000.
000.
00
Gra
nt-in
-Aid
Gen
eral
1042
6.07
1491
2.44
1494
1.45
1275
8.31
4687
.13
4618
.95
514.
714
0.63
56.7
4
Gra
nt fo
r cre
atio
n of
Cap
ital a
sset
s0.
010.
010.
000.
010.
000.
000.
000.
500.
00
Gra
nt-in
-Aid
Sal
arie
s0.
000.
000.
000.
006.
380.
006.
927.
210.
00
96Outcome Budget 2013-2014
(` in
cro
re)
2010
-11
2011
-12
2012
-13
Hea
dB
.E.
R.E
.A
ctua
lB
.E.
R.E
.A
ctua
lB
.E.
R.E
.A
ctua
lE
xpen
d.E
xpen
d. E
xp.
(till
31.1
2.12
)
Inte
rnat
iona
l Con
tribu
tion
2.18
4.31
3.10
4.27
4.54
4.39
4.32
3.95
1.34
Secr
et S
ervi
ce E
xpen
ditu
re1.
921.
901.
682.
182.
251.
924.
012.
161.
43
Inte
rest
on
Cap
ital
12.4
111
.21
8.41
11.2
11.3
611
.36
12.7
510
.20
0.00
Oth
er C
harg
es
Cha
rged
0.02
0.02
0.00
0.02
0.02
0.00
0.02
0.02
0.00
Vote
d21
.76
7.42
7.02
3.25
2.69
2.17
1.22
0.88
0.39
Mch
iner
y & E
quip
men
t0.
040.
040.
040.
040.
040.
040.
040.
040.
00
Inte
r Acc
ount
Tra
nsfe
r56
.355
.15
46.2
948
.69
42.4
135
.86
43.0
453
.13
0.00
Info
rmat
ion
Tech
nolo
gy24
.12
18.1
116
.55
21.3
319
.47
12.2
618
.36
18.4
5
Tota
l - R
even
ue S
ectio
n11
122.
1215
481.
9415
448.
7813
339.
0153
77.0
852
56.9
511
67.0
585
5.24
509.
49
Cha
rged
0.02
0.02
0.00
0.02
0.02
0.00
0.02
0.02
0.00
Vote
d11
122.
1015
481.
9215
448.
7813
338.
9953
77.0
652
56.9
511
67.0
385
5.22
509.
49
Cap
ital S
ectio
n
Mac
hine
ry &
Equ
ipm
ent
0.37
1.37
0.05
0.69
0.65
0.48
1.12
0.00
0.00
Maj
or W
orks
0.40
26.4
024
.97
10.1
55.
053.
0810
.41
6.46
2.04
Inve
stm
ent
0.00
0.10
0.10
7.05
0.01
0.01
0.01
2.45
0.00
Tota
l - C
apita
l Sec
tion
0.77
27.8
725
.12
17.8
95.
713.
5711
.54
8.91
2.04
Gra
nd T
otal
1112
2.89
1550
9.81
1547
3.90
1335
6.90
5382
.79
5260
.52
1178
.59
864.
1551
1.53
Cha
rged
0.02
0.00
0.00
0.02
0.02
0.00
0.02
0.02
0.00
Vote
d11
122.
8715
509.
8115
473.
9013
356.
8853
82.7
752
60.5
211
78.5
786
4.13
511.
53
97 Department of Revenue
FIN
AN
CIA
L R
EV
IEW
- A
NA
LYSI
S O
F O
VE
RA
LL
TR
EN
DS
IN E
XPE
ND
ITU
RE
VIS
-À-V
IS B
UD
GE
T E
STIM
ATE
S/R
EV
ISE
D E
STIM
AT
ES
The
posi
tion
of e
xpen
ditu
re in
thre
e ye
ars i
n re
spec
t of D
eman
d N
o.41
– D
epar
tmen
t of R
even
ue h
as b
een,
in n
ut-s
hell,
as u
nder
:-(`
in c
rore
)
2010
-11
2011
-12
2012
-13
B.E
.R
.E.
Act
uals
B.E
.R
.E.
Act
uals
B.E
.R
.E.
Act
uals
(till
(31.
12.1
2)
VAT*
- M
H20
5235
.84
18.7
711
.71
12.8
712
.47
3.61
10.7
06.
520.
11
VAT/
CST
** -
3601
/360
210
401.
0014
884.
9514
925.
7412
734.
0046
72.5
846
08.7
650
0.00
119.
7147
.78
Non
-VAT
/CST
686.
0560
6.09
536.
4561
0.03
697.
7464
8.15
667.
8973
7.92
463.
64
Tota
l11
122.
8915
509.
8115
473.
9013
356.
9053
82.7
952
60.5
211
78.5
986
4.15
511.
53
Non
-VAT
/CST
686.
0560
6.09
536.
4561
0.03
697.
7464
8.15
667.
8973
7.92
463.
64
CC
F(G
OAW
s)28
7548
7547
7.44
350.
3230
1.82
364.
0844
9.62
422.
2938
0.19
460.
5628
7.60
0.77
1.77
0.17
0.84
0.70
0.50
1.53
0.30
0.02
Oth
ers *
** –
Non
-VAT
/CST
and
Non
–G
OAW
s20
7.84
254.
0023
4.46
245.
1124
7.42
225.
3628
6.17
277.
0617
6.02
Tota
l –Sa
lary
143.
4515
0.46
150.
2215
2.44
158.
8715
3.16
187.
5817
7.29
137.
10N
on-S
alar
y10
979.
4415
359.
3515
323.
6813
204.
4652
23.9
251
07.3
699
1.01
686.
8637
4.43
*Th
e bu
dget
pro
visi
on is
for
Impl
emen
tatio
n of
VAT
Sch
eme
and
TIN
SXY
S Pr
ojec
t and
gra
nts
to E
mpo
wer
ed C
omm
ittee
of S
tate
Fin
ance
Min
iste
rs fo
r its
est
ablis
hmen
tex
pend
iture
.**
The
budg
et p
rovi
sion
is fo
r Com
pens
atio
n to
Sta
tes/
UTs
for r
even
ue lo
ss d
ue to
Intr
oduc
tion
of V
AT a
nd p
hasi
ng o
ut o
f CST
& V
AT re
late
d ex
pend
iture
.**
*Th
e bu
dget
pro
visi
on is
for e
stab
lishm
ent r
elat
ed e
xpen
ditu
re o
n va
riou
s con
stitu
ents
of t
he D
epar
tmen
t of R
even
ue in
clud
ing
Cen
tral B
urea
u of
Nar
cotic
s.
Tren
ds in
Exp
endi
ture
Sala
ry e
xpen
ditu
re in
crea
sed
in 2
011-
12 b
y 1.
96%
ove
r 201
0-11
due
to p
aym
ent o
f add
ition
al D
A, i
ncre
men
ts, e
tc.
whe
reas
non
-sal
ary
expe
nditu
re d
ecre
ased
by
66.6
7%du
ring
the s
ame p
erio
d m
ainl
y on
acco
unt o
f les
s VAT
/CST
Com
pens
atio
n pa
id to
the S
tate
Gov
ernm
ents
/UTs
. Dur
ing
2011
-12,
the V
AT/C
ST re
late
d ex
pend
iture
& g
rant
s to
Stat
es to
war
ds V
AT/C
ST co
mpe
nsat
ion
cons
titut
ed th
e m
ajor
por
tion
of e
xpen
ditu
re i.
e. 8
7.61
% o
f tot
al ex
pend
iture
und
er G
rant
No.
41 –
Dep
artm
ent o
f Rev
enue
.
It m
ay b
e se
en th
at th
ere
was
sub
stan
tial r
educ
tion
in th
e ac
tual
exp
endi
ture
incu
rred
dur
ing
2011
-12
as c
ompa
red
to th
e Sa
nctio
ned
Gra
nt.
As
agai
nst t
he a
lloca
tion
ofRs
.133
56.9
0 cr
ore,
the a
ctua
l exp
endi
ture
was
onl
y Rs.
5260
.52
cror
es.
This
was
due
to su
rren
der o
f a la
rge p
ortio
n of
pro
visi
on k
ept f
or p
rovi
ding
com
pens
atio
n to
the S
tate
sfo
r pha
sing
out
of C
ST.
For t
he p
urpo
se, a
bud
get p
rovi
sion
of R
s.12
000
cror
e was
mad
e for
201
1-12
, aga
inst
whi
ch o
nly
an a
mou
nt o
f Rs.4
172.
58 cr
ore c
ould
be r
elea
sed
toth
e Sta
tes a
nd th
e rem
aini
ng p
rovi
sion
was
surr
ende
red
as n
o de
cisi
on co
uld
be ta
ken
by th
e Gov
ernm
ent t
o pr
ovid
e com
pens
atio
n to
the S
tate
s for
subs
eque
nt ye
ars.
Sim
ilarly
,fo
r VAT
& V
AT re
late
d ex
pend
iture
, a p
rovi
sion
of R
s.234
cror
e was
mad
e, ag
ains
t whi
ch an
amou
nt o
f Rs.1
20.3
6 cr
ore o
nly
coul
d be
rele
ased
to th
e Sta
tes d
ue to
slow
pro
gres
sof
impl
emen
tatio
n of
the p
roje
cts.
98Outcome Budget 2013-2014
Ther
e is a
lso
subs
tant
ial d
ecre
ase i
n th
e bud
get f
or 2
012-
13 a
s no
furt
her V
AT C
ompe
nsat
ion
is to
be p
rovi
ded
to th
e St
ates
. Th
e pro
visi
on fo
r CST
Com
pens
atio
n, w
hich
was
initi
ally
kep
t at R
s.300
cro
re, h
as a
lso
been
red
uced
to R
s.10
cror
e as
the
form
ula
for
paym
ent o
f co
mpe
nsat
ion
for
2010
-11
has
not y
et b
een
final
ized
. W
hile
Sal
ary
expe
nditu
re in
201
2-13
has
incr
ease
d by
15.
75%
, the
non
-sal
ary
expe
nditu
re h
as b
een
redu
ced
by 8
6.55
%, a
s com
pare
d to
201
1-12
.
So fa
r, to
tal V
AT C
ompe
nsat
ion
of R
s.19
002.
82 c
rore
has
bee
n pr
ovid
ed to
Sta
te G
over
nmen
ts an
d C
ST C
ompe
nsat
ion
amou
ntin
g to
Rs.
30,8
60.4
2 cr
ore h
as b
een
prov
ided
, as
deta
iled
belo
w:
VAT
Com
pens
atio
n(`
in c
rore
)Sr
. No.
Nam
e of
Sta
te20
05-0
620
06-0
720
07-0
820
08-0
920
09-1
020
10-1
120
11-1
2To
tal
Gov
ernm
ent
1.A
ndhr
a Pra
desh
404.
060.
001.
880.
000.
000.
000.
0040
5.94
2.A
ssam
0.00
0.00
30.0
638
.73
150.
1078
.12
0.00
297.
01
3.Bi
har
165.
8778
.23
0.00
0.00
0.00
0.00
0.00
244.
10
4.Ch
hatti
sgar
h0.
000.
0075
.00
281.
5931
.91
0.00
0.00
388.
50
5.D
elhi
0.00
0.00
0.00
362.
8185
5.07
37.7
00.
0012
55.5
8
6.H
arya
na0.
000.
000.
0027
.84
59.8
50.
000.
0087
.69
7.Jh
arkh
and
0.00
0.00
0.00
104.
7386
.45
0.00
0.00
191.
18
8.K
arna
taka
1038
.92
625.
3635
4.71
369.
0518
0.30
0.00
0.00
2568
.34
9.K
eral
a45
6.47
426.
2312
3.19
243.
460.
000.
000.
0012
49.3
5
10.
Mad
hya P
rade
sh0.
000.
0046
.24
0.00
0.00
40.7
40.
0086
.98
11.
Mah
aras
htra
259.
8928
14.7
212
03.8
318
95.0
014
75.0
027
7.40
261.
3381
87.1
7
12.
Meg
hala
ya0.
000.
000.
000.
000.
0016
7.42
0.00
167.
42
13.
Oris
sa0.
000.
000.
0018
.93
163.
320.
000.
0018
2.25
14.
Sikk
im1.
844.
030.
000.
000.
0010
.92
0.00
16.7
9
15.
Trip
ura
5.12
3.81
5.57
19.8
10.
000.
000.
0034
.31
16.
Tam
il N
adu
0.00
0.00
2040
.00
1000
.00
0.00
266.
8754
.49
3362
.36
17.
Wes
t Ben
gal
139.
1013
9.75
0.00
0.00
0.00
0.00
0.00
278.
85
Tota
l24
71.2
740
92.1
338
80.4
843
61.9
530
02.0
087
9.17
315.
8219
002.
82
99 Department of Revenue
CST
Com
pens
atio
n(`
in c
rore
)Sr
. No.
Nam
e of
Sta
te20
07-0
820
08-0
920
09-1
020
10-1
120
11-1
2To
tal
Gov
ernm
ent
1.A
ndhr
a Pra
desh
090
5.24
1095
.50
2221
.86
986.
0952
08.6
9
2.A
ssam
70.8
90
228.
7915
0.90
34.9
948
5.57
3.Ch
hatti
sgar
h10
1.37
48.6
479
4.95
682.
9741
5.02
2042
.95
4.D
elhi
183.
7015
4.76
1052
.00
1622
.80
653.
8536
67.3
1
5.G
ujar
at33
8.14
156.
5779
6.04
1787
.84
0.00
3078
.59
6.H
arya
na15
0.00
400.
0011
77.1
215
97.9
078
0.16
4105
.18
7.Jh
arkh
and
69.4
735
.55
394.
5851
1.76
242.
8812
54.2
4
8.K
arna
taka
350.
0015
5.00
710.
3013
33.8
737
4.36
2923
.53
9.O
rissa
131.
535.
4948
3.90
543.
9913
8.17
1303
.08
10.
Punj
ab0
24.3
29.
9532
4.55
0.00
358.
82
11.
Raja
sthan
126.
2418
.56
311.
7842
1.39
34.4
791
2.44
12.
Tam
il N
adu
647.
540
759.
0011
71.0
458
.92
2636
.50
13.
Utta
rakh
and
00
131.
0023
5.10
141.
5550
7.65
14.
Wes
t Ben
gal
045
.87
464.
7749
6.11
190.
1411
96.8
9
15.
Mah
aras
htra
00
123.
0030
6.49
29.8
645
9.35
16.
Mad
hya P
rade
sh0
011
0.96
106.
560.
0021
7.02
17.
Nag
alan
d0
04.
430
1.63
6.06
18.
Pudu
cher
ry0
086
.91
199.
7890
.19
376.
88
19.
Utta
r Pra
desh
00
011
8.87
0.00
118.
87
Tota
l21
68.8
819
50.0
087
35.1
813
833.
7841
72.5
830
860.
42
100Outcome Budget 2013-2014
The
over
all f
inan
cial
per
form
ance
dur
ing
2010
-11,
201
1-12
and
201
2-13
has
bee
n as
und
er:-
(` in
cro
re)
2010
-11
2011
-12
2012
-13
Sch
eme
B.E
.R
.E.
Act
uals
B.E
.R
.E.
Act
uals
B.E
.R
.E.
Act
uals
(till
(31.
12.1
2)
Impl
emen
tatio
n of
VAT
Sch
eme
20.0
05.
975.
911.
791.
601.
570.
190.
140.
11
Setti
ng u
p of
Tax
Info
rmat
ion
Exch
ange
Sys
tem
etc
.15
.84
12.8
05.
8011
.08
10.8
72.
0410
.51
6.38
0
Com
pens
atio
n to
Sta
tes/
UTs
for r
even
ue lo
sses
due
to in
trodu
ctio
n of
VAT
and
oth
er V
AT re
late
dex
pend
iture
401.
0088
4.95
1091
.96
734.
0050
0.00
436.
1820
0.00
109.
7147
.78
Com
pens
atio
n to
Sta
te/U
Ts fo
r rev
enue
loss
es d
ueto
pha
sing
out
of C
ST10
000.
0014
000.
0013
833.
7812
000.
0041
72.5
841
72.5
830
0.00
10.0
00
Tota
l10
436.
8414
903.
7214
937.
4512
746.
8746
85.0
546
12.3
751
0.70
126.
2347
.89
Gov
ernm
ent O
pium
and
Alk
aloi
d W
orks
:
The
posi
tion
of a
ctua
l exp
endi
ture
in 2
010-
11, 2
011-
12 a
nd 2
012-
13 o
n gr
oss e
xpen
ditu
re a
nd re
venu
e re
ceip
ts h
as b
een
as u
nder
:(`
in c
rore
)
Exp
endi
ture
Rec
eipt
sB
.E.
R.E
.A
ctua
lsB
.E.
R.E
.A
ctua
ls
2010
-11
477.
4435
0.32
301.
8230
8.00
285.
6023
7.54
2011
-12
364.
0844
9.62
422.
2931
2.00
432.
4738
3.54
2012
-13
380.
1946
0.56
287.
5736
6.73
440.
0326
5.79
(till
31.1
2.12
)(ti
ll 31
.12.
12)
Afte
r VAT
, the
seco
nd m
ajor
cons
titue
nt o
f exp
endi
ture
is o
n G
ovt.
Opi
um &
Alk
aloi
d W
orks
whi
ch co
nstit
uted
8.0
3% o
f tot
al ex
pend
iture
in 2
011-
12.
Incr
ease
at R
.E. s
tage
in 2
011-
12 w
as d
ue to
add
ition
al im
port
of co
dein
e ph
osph
ate.
Aga
inst
the e
stim
ated
reve
nue r
ecei
pt o
f Rs.3
12 cr
ore f
or 2
011-
12, t
he re
venu
e am
ount
ing
to R
s.38
3.54
cror
ew
as c
olle
cted
. Th
e rev
enue
rece
ipts
are
exp
ecte
d to
be
arou
nd R
s.44
0.03
cro
re in
the
curr
ent f
inan
cial
yea
r 201
2-13
.
101 Department of Revenue
DET
AILS
OF
ALL
OC
ATIO
N M
ADE
AN
D A
CTU
AL
EXP
END
ITUR
E IN
CU
RR
ED D
UR
ING
2010
-11,
201
1-12
&
201
2-13
1112
2.89
1550
9.81
1547
3.9
1335
6.9
5382
.79
5260
.52
1178
.59
864.
1551
1.53
0
2000
4000
6000
8000
1000
0
1200
0
1400
0
1600
0
1800
0
BER
EAc
tual
BE
RE
Actu
alBE
REAc
tual
(till
31.1
2.20
12)
2010
-11
2011
-12
2012
-13
RS IN CRORES
102 Department of Revenue
The actual expenditure under the grant in 2011-12 amountedto Rs.5260.52 crore. The Compensation to State Governmentson account of Revenue loss due to introduction of VAT, phasingout of CST and VAT related expenditure amounted to Rs.4608.76crore constituting 87.61% of the expenditure. On Supplies andMaterials, an expenditure of Rs.335.11 crore was incurredconstituting 6.38% of the total expenditure. This expenditure ismainly on account of procurement of opium and import ofCodeine Phosphate. The expenditure on salaries was 2.91% ofthe total expenditure whereas other items constituted 3.11% ofthe total expenditure.
In RE 2012-13, the CST/VAT Compensation and VAT relatedexpenditure has been kept at Rs.119.71 crore constituting 13.85%of the total expenditure. The next major component is Supplies& Materials amounting to Rs.355.67 crore which constitutes41.16% of the total expenditure. Expenditure on salariesamounting to Rs.177.29 crore also constitutes 20.52% and otheritems constitute 24.47% of the total expenditure.
Revised Estimates 2012-13 (Rs. in crore)
Others, 211.48, 24%
VAT/CST Component, 119.71, 14%
Supplies & Materials, 355.67, 41%
Salaries, 177.29, 21%
VAT/CST ComponentSupplies & Materials
SalariesOthers
ACTUALS 2011-12 (Rs. in crore)
VAT/CST Components 4608.76 (88%)
Supplies & Materials 335.11 (6%)
Salaries 153.16 (3%) Others 163.49 (3%)
VAT/CST Components
Supplies & Mater ialsSalaries
Others
ACTUALS 2011-12 (Rs. in crore) REVISED ESTIMATES (Rs. in crore)
103 Department of Revenue
During the Financial Year 2011-12, against a budgetaryprovision of Rs 13356.90 crore including the SupplementaryGrants, an expenditure of Rs.5260.52 crore was incurred,resulting into savings and surrender of Rs.8096.39 crore. Thesesavings are the net effect of the total savings of Rs.8211.90 croreand total excess of Rs 115.51 crore under various sub heads ofthe Revenue and Capital Section of the Grant.
These savings have been segregated into the followingcategories:
i) Normal Savings due to economical usage of the resourcesDuring the year, an overall savings to the tune of Rs.11.66
crore was achieved due to better and efficient use of resourcesand less requirement for administrative expenses. Some of theschemes/programmes in this category are as follows:
(Rs in Crore)
Sl Sub-Head/Scheme/ Savings Remarks/ReasonsNo Programme (Net)
1 Ghazipur Alkaloid 9.08 Less Opium wasWorks-Other charged at Ghazipur forExpenditure production of Alkaloids
2 Adjudicating Authority 0.50 Less expenditureunder PMLA for administrative
expenses.
3 UN Fund for Control 0.96 Reduction in theof Drug Abuse contribution to the Fund.
4 Neemuch OpiumFactory - Management 1.12 Less demand of funds by
CBN towardsadministrative expenses
(ii) Savings due to non-implementation/delay in executionof projects/schemes
During the FY 2011-12, there were delays in execution/implementation of few schemes/projects which led to a savingsof Rs.161.04 crore. Some of the schemes where these savingswere observed are as follows:
(Rs in Crore)
Sl Sub-Head/Scheme/ Savings Remarks/ReasonsNo Programme (Net)1 Enforcement Directorate 1.13 Due to non-filling up of
some posts, non-receiptof medical claims andnon-finalisation ofhiring of officeaccommodation forzonal offices.
Annexure
Statement on Surrender and Savings during the Financial Year 2011-122 Department of Revenue 5.64 Requirement of less
-Secretariat (FIU-IND) funds towardsimplementation ofFINNET project ofFIU-IND, procurementof computers and fees ofstanding counsels
3 Income Tax Overseas 1.78 Non-filling of vacantUnits posts and delay in
setting up of ITOUs
4 Construction of 6.94 Requirement of fundsRajaswa Bhawan was less owing to slow
progress of work.
5 Central Bureau of 1.47 Less requirement forNarcotics administrative expenses
6 Acquisition of ready 7.04 Non-materialization ofbuilt flats (Enforcement the proposal forDirectorate) acquisition of zonal
offices of theEnforcementDirectorate
7 Ghazipur Alkaloid 1.07 There was a delay in theWorks-Management supply of Codeine
Phosphate by theexporter
8 Ghazipur Alkaloid 9.08 Less production ofWorks – Other Alkaloids.Expenditure
9 Neemuch Alkaloid 12.69 There was a delay in theWorks-Management supply of Codeine
Phosphate by theexporter
10 Neemuch Alkaloid 0.56 Less production ofWorks- Other Alkaloids.Expenditure
11 Grants to States for 103.64 There was slow progressVAT related expenditure of MMP-CT project by
the State Governments
12 Grants to UTs for VAT 10.00 Non-receipt of proposalrelated expenditure from the UT
Administrations andalso availability ofunspent balance ofprevious years with theUTs
104 Department of Revenue
(iii) Surrenders/Savings due to obsolete/defunct project/scheme or due to completion of project/scheme
Funds were needed to be surrendered in some cases wherethere was a delay on part of the suppliers or the scheme was onthe verge of completion leading to lesser requirements of fundsby the States/UTs. In case of CST compensation, the formula forthe same could not be finalised during the Financial Year leadingto a surrender of balance funds. Overall an amount of Rs 8019.46crore was surrendered. These schemes are summarized below:
(Rs in Crore)
Sl Sub-Head/Scheme/ Savings Remarks/ReasonsNo Programme (Net)1 Grants to States for 7827.42 The formula for CST
revenue loss due to compensation could notphasing out of CST be finalised during the
Financial Year
2 Compensation to States 184.18 Funds were surrenderedfor Revenue loss due as claims of most of theto Introduction of VAT State Governments have
been settled
3 Neemuch Opium 0.86 Owing to lessFactory-Purchase of procurement of OpiumOpium
4 Expenditure on control 5.00 No proposals forof drug abuse funding received from
the NGOs/otherdepartments
5 Transfer to National 2.00 As no expenditure fromFund for Control the Fund was incurred,of drug abuse further augmentation
was not required
Note:- This annexure is included in compliance of O.M.No.7(1)-B(AC)/2011 dated 23rd March, 2012 of Budget Division regardingsegregation of savings due to normal savings, under/non-utilization & surrender of funds for the financial year 2011-12 asdesired by the Standing Committee on Finance in its 33rd Report.
105 Department of Revenue
OUTCOME BUDGET
The National Institute of Public Finance and Policy, New Delhiwas established in 1976 as a joint initiative of Ministry of Finance,Planning Commission, several major State Governments,distinguished academicians and eminent persons as anindependent, non-profit organization and was registered as aSociety under the Societies Registration Act, 1860. It is anindependent Research and Training organization.
The details of the Grant/Income of National Institute ofPublic Finance & Policy from various sources and expenditureincurred during the year 2011-12 are as under:-
Sl.No. Source of Grant/Income ExpenditureFunding (` in Crore) (` in Crore)
1 Ministry of Finance 7.66 7.66
2 Other Sources 11.38 7.95
3 Total 19.04 15.61
Details of the Grants provided by the Ministry of Financesince 2007-08
(` in Crore)
2007-08 5.58
2008-09 8.67
2009-10 10.17
2010-11 7.10
2011-12 7.66
Budget Estimates 2012-13 8.50
Revised Estimates 2012-13 18.85*
Actual 2012-13 (till 31.10.2012) 8.30
*Including Corpus Grant of Rs.10 crore.
The constituents of grants and objectives thereof are asfollows:-
a) The Institute has entered into a new Memorandum ofUnderstanding (MOU) with the Ministry of Finance,Government of India on May 2, 2012 based on the PeerReview conducted by the Ministry. As per the newMoU, NIPFP will get additional faculty members andmore time to pursue independent research to enable them
REVIEW OF PERFORMANCE OF STATUTORY ANDAUTONOMOUS BODIES UNDER MINISTRY OF FINANCE
NATIONAL INSTIUTTE OF PUBLIC FINANCE AND POLICY
to publish articles in referred international journals. Thisis the opportunity to strive to join the league ofinstitutions of excellence in global arena.
b) As per MOU, salary grant to meet 90% of theexpenditure on salary, allowances like D.A., H.R.A. andtransport allowance or any other allowances or payrevision of the core staff of the Institute following releaseof D.A. Installments/or pay revision of CentralGovernment employees or/and UGC as per therecommendations of the Pay Commission, is provided.Computation of 90% of the salary to be covered by thisrecurring-grant is based on the total expenditure onsalary and allowances, calculated on the mid point ofthe Pay Scale attached to the Core Staff as indicated inAnnexure 1 to IV without reference to the salary andallowances of core staff charged to various sponsoredprojects of the Institute.
c) At the end of the Financial Year, any surplus/deficit ofsalary grant over 90% of the actual salary expendituremay be adjusted in the grant of succeeding financialyears.
d) A core grant equivalent to 20% of the salary grant ascalculated to cover the non-salary expenditure of theInstitute is also given.
e) A Tax Research Cell (TRC) has been set up in theInstitute with effect from June 9, 2005 with financialassistance of Rs.20.00 lakh per annum from Ministryof Finance.
The following are some of the completed/on-going studies/Working Papers of the Institute:
STUDIES / RESEARCH PROGRAMMESCOMPLETED (2011-12)
1. Ways of Increasing the effectiveness and Utilization ofFunds by States/Agencies through Suitable Changes inTiming and Pattern of Release under Selected Programs.
2. Incidence of Taxes sand Levies on Telecom Sector inIndia
3. Goods and Services Tax in the Context of Petroleumand Natural Gas
106 Department of Revenue
4. Medium Term Fiscal Policy for Goa
5. NIPFP- Department of Economic Affairs ResearchProgramme
6. Macro Economic Policy Modelling Phase-III
7. Oil Price Shock and its impact on India
8. Preparation of the 12th Five Year Plan for Sikkim
9. Sustainable Development of Meghalaya vision 2030
10. Appraisal of Monitoring and implementation ofUIDSSMT Reforms in Maharashtra
11. Health Expenditure by the Central Government in India:Stage Level Distribution
12. Distribution of Public Spending Across HealthFacilities: A Study of Karnataka, Rajasthan, MadhyaPradesh and Assam.
13. Pharma Venture Capital Fund
ON GOING STUDIES/RESEARCH PROGRAMMES(status up to December 2012)
1. Study on Unaccounted Income/Wealth both inside andoutside the Country
2. Revenue Potential for Himachal Pradesh: AnAssessment and Suggestions for Reform
3. Estimation of Revenue Neutral Rate at the State Level
4. Macro-Economic Policy Modelling Phase-III
5. A Leading-Indicators Based Forecasting Model forIndia
6. NIPFP-DEA Research Programme Affairs, Ministry ofFinance, GOI
7. Research on Business Cycles
8. NIPFP UIDAI Programme on Financial inclusion
9. Financial Sector Legislative ReformCommission(FSLRC)
10. Policy Analysis in the Process of Deepening CapitalAccount Openness
11. Growth Poverty and Human Development in States:Selected Issues
12. Preparation of 12th Five Year Plan for Meghalaya
13. Performance Evaluation of Urban Local Governments:A case for Indian Cities
14. Criminals in Elections: Evidence from India
15. Determinants of Services Exports
16. Export of Services: The Indian Experience
17. An estimate of Public Expenditure on Health in India
18. NRHM Expenditure at the State level: A study ofKarnataka and Rajasthan
19. Public Finance Information System
20. Award of the Assignment pertaining to Assessment ofthe Riskiness of the Airport Sector and Estimating FairRate of Return on Equity
21. MEWAT: The Dynamics of Development underBackwardness
22. Reforms for Pricing Diesel in India
23. Competitiveness of Zinc-Lead Mining in India: Role ofRoyalty Regime
24. Study on Fiscal and Monetary Policy aspects underFramework for Energy Efficient EconomicDevelopment Mechanism of National Mission forEnhanced Energy Efficiency.
TRAINING PROGRAMMES/WORKSHOPS (statusupto December 2012)
1. Conference on Tobacco Economics organized inpartnership with the Ministry of Health and FamilyWelfare and the Centre for Global Health Research,University of Toronto, at IIC, New Delhi onJanuary 3, 2012
2. One Week training programme on Revenue Reporting,Forecasting and Targeting for the officials ofAfghanistan Tax Administration during January 12-17,2012
3. Third Dr. Raja J. Chelliah Memorial Lecture wasdelivered by Dr. Machael Keen, Senior Advisor, FiscalAffairs Department, International Monetary Fund on“Current VAT issues, with Lessons for the GST in India”at IIC, New Delhi on February 9, 2012
4. Annual Conference on Papers in Public Economics,NIPFP during February 8-9, 2012
5. Two – Week Training Programme on Public Financefor India Audit and Accounts Service (IASAS)Probationers at NIPFP, New Delhi, duringFebruary 6-17
107 Department of Revenue
6. One-day workshop on Fossil Fuel Subsidy Reforms:Status and Opportunities at NIPFP on March 25, 2012
7. One-Week training programme on Public Finance forOfficer Trainees of the Indian Economic Service atNIPFP, New Delhi during May 14-18 June, 2012
8. One-Week training programme on Fiscal and MonetaryPolicy for Indian Statistical Service Probationers atNIPFP, New Delhi during May 7-11, 2012
9. Four-Week Refresher Training Programme forUniversity/College Teachers on Public Finance inTheory and Practice at NIPFP, during May 14-18, 2012
10. One-Week training programme for senior officials ofthe Controller General of Accounts (CGA) NIPFP, NewDelhi during May 21-25, 2012
11. Workshop on Integrating UID into Social Programs andimproving Service Delivery at NIPFP on May 4, 2012
12. One-Week IAS Officers training programme “FiscalPolicy and Macro Economic Management” at NIPFPduring September10-14, 2012
13. Conference on Indian Economic Policies: Free trade,Democracy and Entrepreneurial Development at IICduring August 7-8, 2012
14. One-Week Refresher Training Programme for IndiaForest Service Officers at NIPFP on the title “Role andScope of Environmental Economics in SustainableDevelopment” during September 10-14, 2012.
15. One-Week IAS Officers training programme on the title“Fiscal Decentralization and Federalism” duringOctober 8-12, 2012
16. Fourth Dr. Raja J. Chelliah Memorial Lecture wasdelivered by Dr, Jorge Martinez Vazques RegentsProfessor of Economics and Director of InternationalStudies Program, Andrew Young School of PolicyStudies, Georgia State University, Georgia (USA) on“The Growth-Equity Tradeoff in Tax Policy Design:Evidence from a Large Panel of Countries” at IIC, NewDelhi on November 8, 2012
17. Annual Conference on Papers in Public Economics,NIPFP during November 7-8, 2012
18. Visit of Kenyan Commission of Revenue Allocation onDecember 3-8, 2012
19. Delhi Economics Conclave 2012 during December14-15, 2012
20. One-Week Training Programme on Public Finance forIES Probationers during December 17-21, 2012.
109
DIRECT TAXESINTRODUCTION
1.1 The Central Board of Direct Taxes (CBDT), created by theCentral Boards of Revenue Act 1963, is the apex body engagedin the administration of Direct Taxes in India viz. income tax,corporation tax, wealth tax, etc. It consists of a Chairman andsix members. It is the cadre controlling authority for the IncomeTax Department. It employs a workforce of 41684 officers andstaff, of which approximately 27.35% are Gazetted officers inGroups ‘A’ and ‘B’ categories and the remaining are non-Gazetted employees in Groups ‘C’ and ‘D’ categories.
1.2.1 : In its functioning, the CBDT is assisted by the followingDirectorates:
(i) Directorate of Income Tax (Public Relations, Printing,Publication and Official Languages)
(ii) Directorate of Income Tax (Recovery)(iii) Directorate of Income Tax (Audit)(iv) Directorate of Income Tax (Income Tax)(v) Directorate of Income Tax (Organization and
Management Services)(vi) Directorate of Income Tax (Systems)
(vii) Directorate of Income Tax (Investigations)(viii) Directorate of Income Tax (Vigilance)
(ix) Directorate of Income Tax (Exemption)(x) Directorate of Income Tax (Legal & Research)
(xi) Directorate of Income Tax (International Taxation)(xii) Directorate of Income Tax (Infrastructure)
(xiii) Directorate of Income Tax (Tax Deduction at Source)(xiv) Directorate of Income Tax (Human Resources
Development)
(xv) Directorate of Income Tax (Business Process Re-engineering)
(xvi) Directorate of Income Tax (Intelligence & CriminalInvestigation)
(xvii) Directorate of Income Tax (Expenditure Budget)
1.3 There are 18 Cadre Controlling Chief Commissioner ofIncome Tax, stationed all over the country, who are overall in-charge of assessment and collection of direct taxes at regionallevels and tax administration within their region. DirectorsGeneral of Income Tax (Investigation) are overall in-charge ofthe investigation machinery at regional level, with the aim tocurb tax-evasion and unearth unaccounted money. ChiefCommissioners of Income Tax/Directors General of Income Taxare assisted by Commissioners of Income Tax/Directors ofIncome Tax within their jurisdictions. The first appellatemachinery comprises of Commissioners of Income Tax(Appeals) who perform the quasi-judicial task of decidingappeals against orders of assessing officers.
1.4 The National Academy of Direct Taxes (NADT) stationedat Nagpur along with Regional Training Institutes function underoverall supervision of a Director General of Income Tax to caterto the training needs of officers and officials.
1.5 The Principle Chief Controller of Accounts, CBDT withthe assistance of Pay and Accounts Offices is responsible foraccounting the revenue collections as well as expenditureincurred by the Department.
Direct Taxes
1. I.
Maj
or H
ead
2020
-C
olle
ctio
n of
Inco
me
Tax;
Info
rm
ati
on
Tech
nolo
gy
Pers
pect
ive P
lan
for
Phas
e-II
I of
Com
-pr
ehen
sive
Com
-pu
teris
atio
n
A)
Syst
ems
Inte
grat
ion
alon
g w
ith
soft
war
epr
ocur
emen
tTh
e co
ntra
ct o
f the
vend
or is
goi
ng to
exp
irein
June
, 201
4.
B)
Est
ablis
hmen
t, M
o-ni
tori
ng
and
Im-
plem
enta
tion
of A
ll In
dia
Tax
Net
wor
k
C) H
iring
of D
ata C
ente
rsfo
r pr
imar
y, B
CP
& D
Rsi
tes
•C
ompu
ting
capa
city
to h
andl
eth
e pr
ojec
ted
wor
kloa
d up
to
2014
-15
•Si
ngle
Nat
iona
l D
atab
ase
toha
ndle
all
Dir
ect T
axes
rela
ted
trans
actio
ns•
Faci
litie
s m
anag
emen
t in
the
offi
ces
of
Inco
me
Tax
Dep
artm
ent
Net
wor
k of
Inco
me
Tax
offic
esac
ross
the
coun
try
•C
o-lo
cati
on
of
hard
war
eeq
uipm
ents
in
Dat
a C
ente
rsm
eetin
g in
dust
ry st
anda
rds
Setti
ng u
p an
d m
ain-
tena
nce
of N
atio
nal
Dat
a Cen
ter,
Con
soli-
dati
on o
f re
gion
alda
ta b
ases
into
sing
lena
tiona
l dat
abas
e.
Offi
cers
and
sta
ff in
515
citie
s are
abl
e to
acce
ss t
he C
entr
alD
ata
Cen
ter o
ver t
he“T
axne
t” to
per
form
thei
r fu
ncti
ons.
Fast
er a
nd r
elia
ble
trans
fer o
f dat
a wou
lden
sure
tim
ely
deliv
-er
y of
ser
vice
s to
the
taxp
ayer
s.
Secu
red
data
will
be
avai
labl
e at
nat
iona
lle
vel
for
vari
ous
man
agem
ent c
ontro
ls.
Ong
oing
No
tran
sact
ion
targ
ets
can
befi
xed.
O
ffic
espr
oces
s in
com
eta
x ret
urns
as p
erth
eir p
ende
ncy.
Ong
oing
Act
ivity
No
targ
ets
Ong
oing
Act
ivity
No
targ
ets
Con
soli
dati
on o
f th
eD
atab
ase c
ompl
eted
.T
he
esti
mat
ed
ex-
pend
itur
e du
ring
FY
2013
-14
wou
ld b
e 4
5.00
cror
e.
Con
trac
t ha
s be
enex
tend
ed
upto
31.1
2.20
13.
The
proc
ess
for s
elec
tion
for n
ew M
SPth
roug
h op
en t
ende
ring
proc
ess i
s und
er p
rogr
ess.
The
E
stim
ated
expe
ndit
ure
on
this
proj
ect
for
FY 2
013-
14w
ould
be R
s. 31
.80
cror
e.
All
the t
hree
dat
a cen
ters
,PD
C,
BC
P an
d D
R a
reop
erat
iona
l.
421.
00-
STAT
EM
EN
T O
F O
UT
LAY
S A
ND
O
UT
CO
ME
S 2
013
- 14
111 Direct Taxes
Nam
e of
the
Sche
me/
Prog
ram
e
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2012
-13
(` I
n C
rore
)
44(
i)4(
ii)N
on-P
lan
Plan
Bud
get
Bud
get
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Proj
ecte
dO
utco
mes
6
Proc
esse
s/Ti
mel
ines
7
Rem
arks
/R
iskFa
ctor
s
8
Sl.
No.
112
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
tTh
ere a
re tw
o ve
ndor
s, on
efo
r BC
P &
PD
C a
nd t
heot
her o
ne fo
r DR-
Site
.
Thei
r ex
tend
ed t
erm
s of
cont
ract
is g
oing
to e
xpire
in
July
, 20
14
and
Sept
embe
r,
2014
resp
ectiv
ely.
The
estim
ated
exp
endi
ture
on th
is p
roje
ct w
ould
be R
s.7.
00 c
rore
fo
r F.
Y. 2
013-
14.
The
likel
y ex
pend
iture
on
this
acc
ount
wou
ld b
e Rs
.12
.79
cror
e for
FY
201
3-14
The
likel
y ex
pend
iture
on
this
acc
ount
wou
ld b
e Rs
.17
.64
cror
e for
FY
201
3-14
Proc
ess o
f ide
ntifi
catio
n &
sele
ctio
n of
a n
ew S
ervi
cePr
ovid
er is
ong
oing
.
The
estim
ated
exp
endi
ture
is R
s.10.
37 c
rore
.
D)
Phys
ical
Sto
rage
of
arre
ar P
AN
for
ms
ofpe
riod
200
3-09
E)
Scan
ning
of
arre
arPA
N f
orm
s of
per
iod
2003
-09
alon
gwit
h e-
stor
age
Bein
g ho
sted
by N
atio
nal
Secu
rity
D
epos
itor
yLi
mit
ed (
NSD
L) a
s a
depo
sito
ry of
info
rmat
ion
rela
ting
to :
•O
nlin
e Ta
x A
ccou
ntSy
stem
(OLT
AS)
,
•G
ovt.
OLT
AS
rela
ting
to B
ook
Adj
ustm
ent.
·T
he
proj
ect
wil
l be
com
plet
ed b
y 20
14.
Til
l da
te
5.53
C
rore
phys
ical
sto
rage
of
arre
arPA
N F
orm
s of
per
iod
of20
03/0
9 is
do
ne
wit
hap
prov
al o
f co
mpe
tent
auth
ority
.
Til
l da
te
5.53
C
rore
Scan
ning
of
arre
ar P
AN
form
s of
per
iod
2003
-09
alon
gwith
e-sto
rage
is d
one
with
appr
oval
of c
ompe
tent
auth
ority
.
•Fa
cilit
atin
g Acc
urat
e and
quic
k cr
edit
of
TD
Sde
duct
ions
, ide
ntifi
catio
nof
non
-file
rs/s
top-
filer
san
d ca
ses
of
shor
tde
duct
ions
•Fa
cili
ties
to
view
tax
paym
ents
mad
e by t
he ta
xpa
yers
or
by
ta
xde
duct
ors o
n th
eir b
ehal
f
Bus
ines
s in
tell
igen
ceda
taba
se f
rom
AIR
to
faci
litat
e co
mpu
ter
base
dse
lect
ion
case
s fo
r scr
utin
y(C
ASS
)
II.Ta
x In
form
atio
nN
etw
ork
(TIN
)
Outcome Budget 2013-2014
No
spec
ific
mile
ston
es se
t
113
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
t
•Ta
x de
duct
ions
com
ing
from
TD
Sre
turn
s
•H
igh
valu
e fin
anci
altr
ansa
ctio
ns c
omin
gth
roug
h A
nnua
lIn
form
atio
n Re
turn
s.
-To
have
si
mpl
e,tra
nspa
rent
, dire
ct &
use
rfr
iend
ly in
tera
ctio
n w
ithta
xpay
ers
for
dis-
sem
inat
ion
of i
nfor
ma-
tion
by m
eans
of
Hel
plin
e (A
ayak
ar S
ampa
rkK
endr
a).
-To
assi
st th
e ta
x pa
yers
in o
nlin
e fa
cilit
ies f
or e
-fi
ling
of
inco
me
tax
retu
rn.
-e-p
aym
ent o
f tax
es
-onl
ine
trac
king
of
Refu
nd st
atus
.
•D
ashb
oard
fac
ilitie
s to
the s
enio
r man
agem
ent o
fth
e D
epar
tmen
t fo
ref
fect
ive m
onito
ring
and
colle
ctio
n of
taxe
s.
·D
eliv
erab
le
from
Aay
akar
Sa
mpa
rkK
endr
a (A
SK) a
re :
-C
ount
ry w
ide
faci
litie
sfo
r as
sist
ance
in e
-filin
gof
inc
ome
tax
retu
rns
with
or
with
out
digi
tal
sign
atur
es
and
in-
form
atio
n re
late
dC
hall
an
and
retu
rnpr
epar
atio
n so
ftwar
e
-A
ssis
tanc
e in
dow
nloa
ding
var
ious
form
s:-
Inco
me
Tax
Ret
urn
Form
s, W
ealth
Tax
Retu
rn F
orm
s
-Fa
cilit
y to
send
form
s by
e-m
ail
- Pro
cedu
re o
f mak
ing
tax
paym
ent,
incl
udin
g e-
paym
ent
and
paym
ent
thro
ugh
ATM
.
-A
nsw
erin
g qu
erie
sre
late
d to
the
sta
tus
ofPA
N
and
TAN
appl
icat
ions
& r
elat
edpr
oced
ures
.
•E
asy
and
conv
enie
ntdi
ssem
inat
ion
ofin
form
atio
n
•En
hanc
ed c
onve
nien
cere
duci
ng
man
ual
inte
rfac
e an
d in
crea
sed
tax-
paye
rs‘ s
atis
fact
ion
The D
epar
tmen
t has
set u
pa
Rob
ust
Nat
iona
l C
all
Cen
tre at
Gur
gaon
and
four
Reg
iona
l C
all
Cen
tres
at
Jam
mu,
Shi
llong
, Jan
gipu
ran
d K
ochi
.
The
estim
ated
exp
endi
ture
on
Aay
akar
Sa
mpa
rkK
endr
a pr
ojec
t w
ould
be
Rs.
5.5
0 cr
ore
for
the
F.Y.
2012
-13
in a
dditi
on to
reim
burs
emen
t of
Tele
phon
e E
xpen
ses
onac
tual
s.
Tax
paye
rs‘ s
ervi
ces
III.
- Ong
oing
Act
iviti
es
Direct Taxes
114
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
t
(A) D
eter
min
e, g
ener
ate,
issu
e, d
ispa
tch,
cre
dit
and
safe
del
iver
y of
Inco
me T
ax re
fund
s.
(B)
Mak
e th
e re
fund
proc
ess
com
plet
ely
auto
mat
ed,
spee
dy a
ndtr
ansp
aren
t an
d to
achi
eve
a fa
ster
Tur
nA
roun
d Ti
me.
-St
atus
of R
efun
ds.
-A
nsw
erin
g Q
ueri
esre
late
d as
sess
men
tju
risdi
ctio
n.
- Pr
oced
ure o
f vie
win
g Ta
xC
redi
t St
atem
ent
and
regi
stra
tion
fo
r Ta
xC
redi
t Sta
tem
ents
.
- L
ist o
f Tax
Inf
orm
atio
nN
etw
ork
Faci
lita
tion
Cen
ters
and
the
PA
NSe
rvic
e Cen
ters
.
-ha
ndlin
g m
isc.
que
ries
A sy
stem
driv
en p
roce
ss fo
rde
term
inat
ion,
gen
erat
ion,
issu
e, d
ispa
tch
and
cred
it of
refu
nds
and
enab
les
effic
ient
and
saf
e de
liver
yof
Inc
ome
Tax
refu
nds.
It
intro
duce
s a th
ird p
arty
into
the
phys
ical
issu
e or
cre
dit
of re
fund
s so
as to
mak
e the
proc
ess
com
plet
ely
auto
-m
ated
, sp
eedy
an
dtra
nspa
rent
, and
to ac
hiev
ea f
aste
r Tur
n A
roun
d Ti
me.
A w
eb ba
sed
statu
s tra
ckin
gfa
cili
ty f
or d
eliv
ery
ofre
fund
.
Und
er R
efun
d B
anke
rSc
hem
e, re
fund
s to
the
tax
paye
rs a
re d
irec
tly s
ent
thro
ugh
Ele
ctro
nic
Cle
arin
g Sc
hem
e (EC
S) b
yth
e St
ate
Ban
k of
Ind
ia(S
BI)
, w
hich
has
bee
nde
sign
ated
as
agen
t of t
heD
epar
tmen
t.In
thes
e mod
els r
efun
ds ar
ecr
edite
d to
the
tax
paye
rsac
coun
t with
in 1
to 3
day
sof
dat
a be
ing
deliv
ered
toSB
I.T
he A
sses
sing
Off
icer
’sro
le i
n is
suin
g re
fund
s is
limite
d to
pro
cess
ing
the
retu
rn
of
inco
me
onco
mpu
ter.
i) Si
nce A
ugus
t Sep
tem
ber
2010
, the
Sch
eme h
as b
een
exte
nded
to
al
l no
n-co
rpor
ate
char
ges
acro
ssth
e co
untr
y in
pha
sed
man
ner.
ii)
Fr
om
19.1
2.20
11Re
fund
Ban
ker
Sche
me
isex
tend
ed t
o C
orpo
rate
,E
xem
ptio
n, C
entr
al a
ndIn
tern
atio
nal
Taxa
tion
char
ges a
ll ov
er In
dia.
iii) T
he n
umbe
r of r
efun
dsse
nt
thro
ugh
Ref
und
Ban
ker
Sche
me
in F
.Y.
2012
-13
(till
30/1
1/20
12) i
sRs
.2.5
7 cr
ore.
(app
rox)
inF.
Y. 2
012-
13 a
sum
of R
s.38
.20
cror
e ha
s be
en
Refu
nd B
anke
rIV
.
- O
ngoi
ng
Outcome Budget 2013-2014
115
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
t
Cen
tral
ized
Pro
cess
ing
Cel
l (C
PC)
for
Tax
Ded
ucte
d at
So
urce
(TD
S)
is
a tr
ans-
form
atio
nal
init
iati
veun
dert
aken
by
th
eIn
com
e Tax
Dep
artm
ent
(IT
D)
to e
nabl
e ea
syfi
ling
of
T
DS/
TC
Sco
rrec
tion
stat
emen
ts b
yde
duct
ors/
col
lect
ors.
The
CPC
end
eavo
rs t
oim
prov
e th
e ov
eral
lse
rvic
e le
vels
for t
he ta
xpa
yer.
D
educ
tors
/co
llect
ors c
an fi
le o
nlin
eco
rrec
tion
sta
tem
ents
afte
r re
gist
erin
g on
TRA
CES
. Tax
Pay
ers
/co
llec
tees
ca
n al
sore
gist
er t
o vi
ew a
nddo
wnl
oad
thei
r Fo
rm26
AS
and
repo
rtgr
ieva
nces
rel
ated
to
TDS/
TCS
for r
esol
utio
n.Th
e C
PC w
ill f
acili
tate
tim
ely
fili
ng
and
proc
essi
ng o
f sta
tem
ents
and
foll
ow-u
p w
ith
dedu
ctor
s / co
llect
ors f
or
In th
e Fi
rst P
hase
, fol
low
-in
g fu
nctio
nalit
ies
prev
i-ou
sly
hand
led
by N
SDL
have
bee
n op
erat
iona
lized
at C
PC T
DS:
a) In
cas
e of
Ded
ucto
r-•
Dow
nloa
d Fo
rm 1
6/16
A•
Dow
nloa
d of
Con
soli-
date
d F
ile•
Dow
nloa
d of
Just
ifica
-tio
n R
epor
t up
to
FY20
11-1
2.b)
In c
ase
of D
educ
tee
–•
Vie
w a
nd D
ownl
oad
Form
26A
S
sanc
tione
d. T
he a
mou
nt fo
rF.
Y. 2
013-
14 d
epen
ds o
nth
e nu
mbe
r of
ref
unds
whi
ch w
ill b
e de
fini
tely
high
er th
an th
e las
t F.Y
.The
estim
ated
exp
endi
ture
is
Rs.4
0.00
cror
e.
The
estim
ated
exp
endi
ture
is R
s.40.
00 c
rore
.C
entra
lized
Proc
essi
ngC
ell (
CPC
) TD
S
Seco
nd P
hase
is ex
pect
ed to
Go-
Liv
e sh
ortl
y.
Key
feat
ures
of
Seco
nd P
hase
are:
•PA
N co
rrec
tion
•Sh
ow C
ause
Not
ice
Gen
erat
ion
•St
atem
ent P
roce
ssin
g &
issu
ance
of i
ntim
atio
ns
V.Fi
rst
Phas
e of
the
Proj
ect w
ent
live
on 1
9 N
ov20
12.
Seco
nd P
hase
of
the
proj
ect
will
be c
ompl
eted
inFY
201
2-13
.
Direct Taxes
116
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
tre
ctifi
catio
n of
def
aults
to
enab
le
corr
ect
repo
rtin
g of
TD
S / T
CS.
The
sys
tem
has
bee
nde
sign
ed t
o br
ing
intr
ansp
aren
cy
and
effic
ienc
y to
the t
axat
ion
proc
ess.
(A)
Cen
tral
ized
proc
essi
ng o
f bot
h pa
per
base
d an
d e-
file
dIn
com
e Ta
x R
etur
ns(I
TRs)
.
(B)
The
CPC
wou
lden
able
the
Dep
artm
ent
to
cope
w
ith
rapi
dgr
owth
in th
e num
ber o
fta
xpay
ers
and
cons
eque
ntly
the v
olum
eof
wor
k fo
r em
ploy
ees.
(C)
It w
ould
allo
w th
eD
epar
tmen
t to
brin
g in
mor
e effi
cien
t pro
cess
esan
d m
oder
n ci
tize
nse
rvic
es o
ffere
d by
the
best
Tax A
dmin
istra
tions
acro
ss th
e gl
obe.
CPC
bec
ame
live
in
inSe
ptem
ber 2
009
CPC
has
proc
esse
d ov
er 3
.2 c
rore
e-
filed
retu
rns t
ill d
ate.
The
proj
ecte
d vo
lum
e of
proc
essin
g of
retu
tns f
or 1
3-14
is a
roun
d 2
cror
es T
hees
timat
ed e
xpen
ditu
re i
sRs
.161
.00
Cro
re.
Cen
traliz
ed P
roce
ss-
ing
Cen
tre
(CPC
)Ba
ngal
ore
VI
Outcome Budget 2013-2014
(i) W
ith th
e st
abili
satio
n of
CPC
s, t
he p
hysi
cal
ITR
sfr
om K
arna
taka
and
Goa
and
an a
djoi
ning
sta
tes
wou
ld a
lso
be g
iven
to th
eC
PC d
urin
g th
is f
inan
cial
year
.
(ii) T
he C
PC a
t Ban
galo
reha
s sca
labi
lity t
o pr
oces
s 20
lakh
pap
er r
etur
ns a
nd 6
0la
kh e-
filed
retu
rns f
rom
the
Zone
.
•Be
tter T
axpa
yer S
ervi
ces
and
redu
ced
grie
vanc
es.
•Lo
wer
Com
plia
nce
cost
for t
axpa
yers
.
•R
educ
ed a
dmin
istr
ativ
eco
st fo
r Dep
artm
ent.
•Fa
ster
pro
cess
ing
lead
ing
to s
peed
y de
live
ry o
fre
fund
s an
d he
nce
low
erin
tere
st o
utgo
.Eff
icie
ntus
e of
man
pow
er a
ndof
fice
spac
e.
•C
PC
star
ted
the
proc
essi
ng o
f e-
file
dre
turn
s of
A.Y
. 201
2-13
from
A
ugus
t 20
12on
war
ds th
e pa
ce p
icke
dup
dur
ing
the q
uarte
r
•Br
ough
t fo
rwar
d e-
filed
retu
rns
of A
Y 2
011-
12w
ere
to b
e liq
uida
ted
in
•Pa
per
Ret
urns
of
Kar
nata
ka
and
Goa
proc
essi
ng w
ere
to b
eco
mpl
eted
117
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
tU
se
of
info
rmat
ion
avai
labl
e w
ith I
ncom
eTa
x D
epar
tmen
t to:
A)
Wid
en a
nd d
eepe
nta
x ba
se
B)
Incr
ease
com
plia
nce
with
tax
law
s
C)
Mon
itor
Dep
artm
enta
lPe
rfor
man
ce
D)
Prov
ide
inpu
ts fo
rpo
licy
mak
ing
Re-
wri
ting
of n
ew I
TDap
plic
atio
n w
ith l
ates
tte
chno
logy
wit
h ne
wH
ardw
are
& A
lso
tom
aint
ain
old
appl
icat
ion
Dat
a W
areh
ouse
and
Busi
ness
Int
ellig
ence
(DW
&BI
) Sol
utio
n
New
ITD
App
licat
ion
Sp
ec
if
ic
mile
ston
es w
illbe
fi
nali
zed
afte
r pr
ojec
tpl
an
isap
prov
ed.
Proc
ess
for
sele
ctio
n of
vend
or is
on.
VII.
VIII.
Direct Taxes
The
scop
e of
the
pro
ject
and
role
of th
e con
sulta
nt is
bein
g re
view
ed.
The
tota
l out
lay
for
FY is
Rs.
10.
51 c
rore
Del
iver
able
s w
ill
bequ
antif
ied
afte
r sc
ope
ofpr
ojec
t is
ap
prov
ed.
Del
iver
able
s wou
ld b
road
lyin
clud
e:
i)Sc
ope
of
wor
kdo
cum
ent
for
the
Con
sulta
ntii)
Des
ign
of th
e pro
pose
dso
lutio
niii
)R
FP f
or s
elec
tion
ofso
lutio
n pr
ovid
eriv
)Pr
epar
atio
n of
Dat
aW
areh
ouse
v)In
tegr
atio
n of
Bus
ines
sIn
telli
genc
e too
lsvi
)Im
plem
enta
tion
and
roll
out
1.Re
-wri
ting
of N
ew I
TDap
plic
atio
ns.
2.D
evel
opm
ent
of D
ata
Cen
tre f
or th
e app
licat
ion.
3.D
evel
opm
ent
ofTe
chno
logy
trai
ning
Cen
tre.
4.D
evel
opm
ent
of t
est
envi
ronm
ent a
t Vai
shal
i.5.
Tra
inin
g of
20,
000
empl
oyee
s.6.
Dev
elop
men
t of
HRM
Sm
odul
e.7.
Mai
nten
ance
of
ol
dap
plic
atio
n.8.
Softw
are f
or a
ll pr
oces
ses
(oth
er th
an c
ore
func
tions
)of
dep
t.9.
Inte
rfac
e w
ith
UT
I/N
SDL
/CPC
Ben
galu
ru/
CPC
TD
S/ R
efun
d Ba
nker
.
Proj
ecte
d ou
tcom
e w
ill b
efi
nali
zed
afte
r sc
ope
ofpr
ojec
t is a
ppro
ved.
New
ITD
appl
icat
ion
for a
llty
pes o
f use
rs a
nd c
over
ing
all
func
tion
alit
ies
ofde
partm
ent.
118
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
t
Outcome Budget 2013-2014
Impl
emen
tati
on o
f B
.I.
appl
icat
ion
wou
ld re
sult
inge
nera
tion
of
va
riou
sre
port
s of
R
even
ueC
olle
ctio
n an
d va
riou
sot
her c
usto
miz
ed re
port
s.
The
estim
ated
exp
endi
ture
wou
ld b
e Rs
.0.7
0 cr
ore
Ena
blin
g el
ectr
onic
paym
ent
to v
endo
rs &
bene
ficia
ries
dir
ectly
int
oth
eir
a/c
thro
ugh
govt
.E
lect
roni
c Pa
ymen
tG
atew
ay.
The
est
imat
edex
pend
itur
e w
ould
be
Rs.0
.70
cror
e.
Con
stru
ctio
n w
ork
unde
rpr
ogre
ss.
Like
ly t
o be
com
plet
ed b
y M
arch
201
3.O
utla
y for
the p
roje
ct in
FY
2013
-14
is R
s.1.
00 c
rore
.
Fund
requ
ired
in F
Y 2
013-
14 is
Rs.
26.
40 c
rore
. The
proj
ect
is e
xpec
ted
to b
eco
mpl
eted
in ti
me.
One
yea
r
One
ye
ar(P
hase
wis
e in
vario
us Z
AO
’s)
31.0
3.20
13
10.6
.201
3
Gen
erat
ion
of v
ario
us M
ISre
ports
on
Reve
nue
A/c
of
Dir
ect T
axes
& a
utom
atin
gth
e w
hole
pro
cess
.
Ena
blin
g el
ectr
onic
paym
ent
to v
endo
rs &
bene
ficia
ries
dir
ectly
int
oth
eir
a/c
thro
ugh
Gov
t.E
lect
roni
c Pa
ymen
tG
atew
ay.
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es.
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
Com
pila
tion
of R
even
ueA
ccou
nts,
Dat
a tra
nsfe
r to
cent
rali
zed
Dat
abas
eSe
rver
at N
IC H
yder
abad
& o
pera
tiona
lisin
g t
heB
.I.
App
lica
tion
to
gene
rate
var
ious
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in28
new
ly c
reat
ed Z
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s.
Impl
emen
ting
elec
troni
cPa
ymen
t in
all 2
8 ne
wly
crea
ted
ZAO
’s
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itiga
te th
e sh
orta
geof
offi
ce s
pace
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ulfi
ll t
he n
eed
ofha
ving
a t
rain
ing
for
adva
nce c
ours
e inc
ludi
ngtr
aini
ng
of
fore
ign
offic
ials
and
inc
reas
ing
need
s of a
ccom
mod
atio
nar
ising
at N
AD
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agpu
r
Reve
nue
Acc
ount
ing
Man
gem
ent S
oftw
are
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emen
tatio
n of
e-
paym
ent a
s man
date
dby
M/o
Fin
ance
in a
ll28
new
ly
crea
ted
ZAO
’s
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405
9 –
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lay
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ks–
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ice
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ldin
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ffic
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ildi
ng a
tN
oida
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stru
ctio
n of
Adv
ance
d Tr
aini
ngC
entr
e, h
oste
l &
Mes
s NA
DT,
Nag
pur
IX.
X.
1 2
Proc
urin
g a
B.I
.A
ppli
cati
on,
its
cust
omiz
atio
n an
d tra
inin
gof
staf
f on
this
app
licat
ion.
To e
nabl
e e-
paym
ent t
o al
lve
ndor
s &
ben
efic
iari
esun
der p
aym
ent j
uris
dict
ion
of 2
8 ne
wly
cre
ated
ZA
O’s
Con
stru
ctio
n of
of
fice
build
ing
havi
ng ca
rpet
area
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sq.m
t. at
Noi
da
Con
stru
ctio
n of
A
TC
,H
oste
l-II
wit
h m
ess
atN
AD
T, N
agpu
r
546.
98
119
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
t
Tota
l ou
tlay
prop
osed
is
Rs.8
.19
cror
e and
out
lay i
nF.
Y. 2
013-
14 fo
r thi
s wor
kis
Rs.2
.19
cror
e. P
roje
ct is
expe
cted
to be
com
plet
ed in
F.Y.
201
3-14
Prop
osal
is
un
der
exam
inat
ion.
Out
lay f
or th
epr
ojec
t in
FY
201
3-14
is
Rs.1
5.00
cror
e.
Prop
osal
is
un
der
exam
inat
ion.
Out
lay f
or th
epr
ojec
t in
FY
201
3-14
is
Rs.8
.69
cror
e.
Prop
osal
is u
nder
pro
cess
.O
utla
y for
the p
roje
ct in
FY
2013
-14
is R
s.1.
00 c
rore
.
Tota
l ou
tlay
prop
osed
is
Rs.8
8.02
cro
re a
nd o
utla
yin
F.Y
. 20
13-1
4 fo
r th
isw
ork
is
Rs.
20
cror
e.Pr
opos
al u
nder
pro
cess
.
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
of in
crea
sed
parti
cipa
nts
and
cour
ses.
To m
itiga
te th
e sh
orta
geof
offi
ce sp
ace
and
gues
tho
use
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
Gue
st H
ouse
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
of
fice
sp
ace
and
resi
denc
es.
Con
stru
ctio
n of
offi
cebu
ildi
ng a
nd g
uest
hous
e cu
m t
rans
itac
com
mod
atio
n fo
rth
e I.T
. Dep
artm
ent a
tFi
roza
bad
Con
stru
ctio
n of
RTI
Build
ing
Moh
ali
Con
struc
tion
of G
uest
Hou
se a
t G
olf
links
,N
ew D
elhi
Con
stru
ctio
n of
offi
cebu
ildi
ng
at
4-5,
Infa
ntar
y R
oad,
Bang
alor
e
Con
stru
ctio
n of
offi
cecu
m
resi
dent
ial
build
ing
at L
uckn
ow
3 4 5 6 7
18 m
onth
s fro
mth
e da
te
ofsa
nctio
n or
der
is re
ceiv
ed.
15 m
onth
s fro
mth
e da
te
ofsa
nctio
n or
der
is re
ceiv
ed.
24 m
onth
s fro
mth
e da
te
ofsa
nctio
n or
der
is re
ceiv
ed.
Direct Taxes
The
offic
e sp
ace
of 4
342
sq.m
ts.
prop
osed
to
beco
nstr
ucte
d w
ithi
n 18
mon
ths,
afte
r gra
ntin
g A
/A&
F/S
.
Con
stru
ctio
n of
RT
Ibu
ildin
g at
Moh
ali
Con
stru
ctio
n of
G
uest
Hou
se a
t Gol
f Lin
ks, N
ewD
elhi
Con
stru
ctio
n of
of
fice
build
ing
at B
anga
lore
The
offic
e sp
ace
of 1
6138
sq.m
ts.
prop
osed
to
beco
nstr
ucte
d w
ithi
n 24
mon
ths,
afte
r gra
ntin
g A
/A&
F/S
.
120
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
t
8 9 10 11 12 13 14
Con
stru
ctio
n of
offi
cecu
m
resi
dent
ial
build
ing
at S
rinag
ar
Con
stru
ctio
n of
offi
cebu
ildin
g at
Nar
iman
Poin
t, M
umba
i
Purc
hase
of
read
ybu
ilt
offi
ce s
pace
from
M.P
. H
ousi
ngBo
ard,
Bho
pal
Land
pur
chas
e an
dco
nstru
ctio
n of
offi
cebu
ildin
g at
Bel
gaun
Con
stru
ctio
n of
offi
cecu
m
resi
dent
ial
build
ing
at B
arei
lly,
Shah
jaha
npur
Purc
hase
of
land
for
RTI
buil
ding
at
Ahe
mad
abad
Purc
hase
of
land
for
cons
truct
ion
of o
ffice
at E
rode
To m
itiga
te th
e sh
orta
geof
of
fice
sp
ace
and
resi
denc
es.
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
of
fice
sp
ace
and
resi
denc
ces
To m
itiga
te th
e sh
orta
geof
offi
ce &
trai
ning
spac
e
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
The
offic
e sp
ace
of 1
1031
sq.m
ts.
prop
osed
to
beco
nstr
ucte
d w
ithi
n 46
mon
ths,
afte
r gra
ntin
g A
/A&
F/S
.
Con
stru
ctio
n of
of
fice
build
ing
at N
arim
an P
oint
,M
umba
i
Acq
uisi
tion
of o
ffice
spac
e
Con
stru
ctio
n of
of
fice
build
ing
at B
elga
un
The o
ffice
spac
e of 1
080.
71sq
.mts
. pr
opos
ed t
o be
cons
truct
ed.
Purc
hase
of
la
nd
for
cons
truct
ion
of R
TI bu
ildin
gat
Ahm
edab
ad
Purc
hase
of
la
nd
for
cons
truc
tion
of
of
fice
build
ing
at E
rode
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
artm
ent
resu
lting
in
bette
r tax
pay
er se
rvic
es
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
Tota
l ou
tlay
prop
osed
is
Rs.4
2.09
cro
re a
nd o
utla
yin
F.Y
. 20
13-1
4 fo
r th
isw
ork
is
Rs.
10
cror
e.Pr
opos
al u
nder
pro
cess
.
The
pro
posa
l is
und
erex
amin
atio
n. O
utla
y for
the
proj
ect
in F
Y 2
013-
14 i
sRs
.10.
00 cr
ore.
App
rova
l rec
eive
d. L
ikel
yex
pend
iture
in F
Y 2
013-
14is
Rs.3
.00
cror
e.
Prop
osal
und
er p
roce
ss.
Like
ly to
be
appr
oved
and
outla
y for
the p
roje
ct in
FY
2013
-14
is R
s7.5
0 cr
ore.
Tota
l ou
tlay
prop
osed
is
Rs.3
.87
cror
e and
out
lay i
nF.
Y. 2
013-
14 fo
r thi
s wor
kis
Rs.1
.00
cror
e.
Prop
osal
und
er p
roce
ss.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
60.0
0 cr
ore.
Prop
osal
und
er p
roce
ss.
Like
ly t
o be
com
plet
eddu
ring
F.
Y.
2013
-14.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
12.0
0 cr
ore.
46 m
onth
s fro
mth
e da
te
ofsa
nctio
n or
der
is re
ceiv
ed.
Outcome Budget 2013-2014
121
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
tC
onst
ruct
ion
of o
ffice
build
ing
at P
une
Con
stru
ctio
n of
Ann
exe
to
offi
cebu
ildin
g at
Sur
at
Con
stru
ctio
n of
offi
cebu
ildin
g (B
asem
ent +
5 flo
or) a
t Nav
sari
Con
stru
ctio
n of
offi
cebu
ildin
g at
Dam
an
Purc
hase
of
read
ybu
ilt
offi
ceac
com
mod
atio
n at
Etah
Purc
hase
of
read
ybu
ilt bu
ildin
g/la
nd fo
rof
fice
bui
ldin
g at
Koc
hi.
Purc
hase
of N
BCC
Plaz
a, S
aket
, Del
hi.
Purc
hase
of
Off
ice
acco
mm
odat
ion
atC
ivic
Cen
tre,
Min
toRo
ad, N
ew D
elhi
.
15 16 17 18 19 20 21 22
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
To m
itiga
te th
e sh
orta
geof
offi
ce s
pace
Off
ice
acco
mm
odti
on a
tK
arve
Roa
d, P
une.
Offi
ce a
ccom
mod
atio
n at
Sura
t
Off
ice
and
resi
dent
ial
acco
mm
odat
ion
at N
avsa
ri
Con
stru
ctio
n of
of
fice
build
ing
at D
aman
Purc
hase
of
read
y bu
ilt
offi
ce a
ccom
mod
atio
n at
Etah
Purc
hase
of
read
y bu
ilt
buil
ding
/lan
d fo
r of
fice
build
ing
at K
ochi
.
Purc
hase
of
NBC
C P
laza
Sake
t, N
ew D
elhi
for L
TU
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
Acq
uisi
tion
of o
ffice
spa
cem
easu
ring
abou
t 51,
768
sq.
met
res o
f sup
er b
uilt
up ar
eaw
ill be
avai
labl
e to
miti
gate
the
shor
tage
of
offi
ceac
com
mod
atio
n at
Del
hi .
36 m
onth
s fro
mth
e da
te
ofex
ecut
ion
ofth
e agr
eem
ent.
3
1.9.
2013
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
10.0
0 cr
ore.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
1.00
cro
re.
Prop
osal
un
der
exam
inat
ion.
Out
lay f
or th
epr
ojec
t in
FY
201
3-14
is
Rs.1
.00
cror
e.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
1.00
cro
re.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
1.00
cro
re.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
1.00
cro
re.
Thi
s pe
rtai
ns
to
bill
rece
ived
fro
m N
BC
C f
orin
tere
st c
harg
es f
or l
ate
paym
ent o
f the
prin
cipa
l.O
utla
y fo
r th
e lia
bilit
y in
FY 2
013-
14 i
s R
s.43
.20
cror
e.
Out
lay
for
the
liabi
lity
inFY
201
3-14
is
Rs.3
00.0
0cr
ore.
Direct Taxes
122
12
34
56
78
4(i)
4(ii)
Non
-Pla
nPl
anB
udge
tB
udge
tM
ajor
Hea
d 42
16 -
Cap
ital
out
lay
onpu
blic
w
orks
-
Hou
sing
.
Con
stru
ctio
n of
resid
entia
l com
plex
atH
adap
sar,
Pune
.
Con
stru
ctio
n of
resi
dent
ial q
uarte
rs at
Jam
mu
Con
stru
ctio
n of
Typ
e- I
V &
III q
uarte
rs a
tC
R
Col
ony,
Ann
anag
ar.
Con
stru
ctio
n of
Typ
e- V
& V
I qu
arte
rs a
tM
G R
oad,
Che
nnai
.
Con
stru
ctio
n of
Typ
eIII
& T
ype I
V q
uarte
rsat
Sur
at
Upg
rada
tion/
reno
vatio
n of
resi
dent
ial q
uarte
rsat
Bho
pal
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
25.0
0 cr
ore.
Tota
l ou
tlay
prop
osed
is
Rs.1
1.37
cro
re a
nd o
utla
yin
F.Y
. 20
13-1
4 fo
r th
isw
ork
is
Rs.
3 cr
ore.
Con
stru
ctio
n w
ork
unde
rpr
ogre
ss.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
4.00
cro
re.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
1.00
cro
re.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
1.00
cro
re.
Out
lay f
or th
e pro
ject
in F
Y20
13-1
4 is
Rs.
5.00
cro
re.
4
1.00
1 2 3 4 5 6
To m
itiga
te th
e sh
orta
geof
re
side
ntia
lac
com
mod
atio
n.
To m
itiga
te th
e sh
orta
geof
resi
dent
ial q
uart
ers.
To m
itiga
te th
e sh
orta
geof
resi
dent
ial q
uart
ers.
To m
itiga
te th
e sh
orta
geof
resi
dent
ial q
uart
ers.
To m
itiga
te th
e sh
orta
geof
resi
dent
ial s
pace
.
To p
rovi
de a
dequ
ate
resi
dent
ial
faci
litie
s in
Bhop
al
Res
iden
tial
co
mpl
exal
ongw
ith g
uest
hou
se a
tH
adap
sar,
Pune
The
offic
e sp
ace
prop
osed
to b
e co
nstru
cted
with
in 2
6m
onth
s, af
ter g
rant
ing
A/A
& F
/S.
Con
stru
ctio
n of
qua
rters
at
Ann
anag
ar.
Con
stru
ctio
n of
qua
rters
at
MG
Roa
d, C
henn
ai.
Con
stru
ctio
n of
resi
dent
ial
quar
ters
at S
urat
Upg
rada
tion/
Ren
ovat
ion
ofth
e qua
rter
s at B
hopa
l
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3.
This
wou
ld ea
se sh
orta
ge o
fof
fice
spa
ce a
nd w
ould
prov
ide
bett
er w
orki
ngen
viro
nmen
t fo
r th
eof
fice
rs,
offi
cial
s of
the
Dep
rtm
ent
resu
ltin
g in
bette
r tax
pay
er se
rvic
es
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3.
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3.
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3.
To m
eet
the
obje
ctiv
esde
fined
in co
lum
n-3.
26 m
onth
s fro
mth
e da
te
ofsa
nctio
n or
der
is re
ceiv
ed.
Outcome Budget 2013-2014
123
REFORM MEASURES AND POLICY INITIATIVES
REFORM INITIATIVES IN INCOME TAX DEPARTMENTIn the last few years a number of initiatives have been
undertaken by harnessing latest technology to enable a Systemdriven business environment in the Department. These measureshave ensured qualitative improvement in Tax Payers servicesand also introduced objectivity leading to reduction in interfacebetween the Taxpayer and the Department, to minimizegrievance(s).
i. E-FILING OF RETURNS The project was initiated in July 2006 under the guidance
of the present Hon’ble Finance Minister. In financial year 2006-07, 3.72 Lakh returns were received electronically, of whichonly 5,000 were filed voluntarily by tax payers other thancorporates.
Growth in e-returns signifying the success of the scheme isevident from the tabulation below:-
F.Y. No. of e-Returns filed in lacs2009-10 50.752010-11 93.012011-12 164.332012-13 (upto Dec-2012) 147.51
The Road AheadE-filing phase-II is already underway. This will facilitate
electronic filing of 60 forms including non-income tax formsused by Chartered Accountants as a part of their tax audit process,transfer pricing forms etc. This would usher in a phase ofpaperless filing of all forms enabling faster processing of allforms and comprehensive utilization of information in such formsfor enhanced scrutiny selection.
ii. CENTRALISED PROCESSING CENTRE (CPC),BANGALORE
The Project was approved by Hon’ble Finance Minister inSeptember 2008. This project is a comprehensive GovernmentProcess Reengineering exercise initiative enabled by innovativeand widespread use of technology for Bulk Processing of Incometax returns.
The CPC, in a short span of 2-3 years, has already assumeda primary role in processing of income tax returns as can beseen from the table below:
FY FY FY FY2009-10 2010-11 2011-12 2012-13
(Apr-Dec.)
Total ReturnsProcessed 403,141 8,820,652 13,285,521 1,12,87,911
• CPC has achieved a peak processing capacity of 1.79 Lacreturns per day.• Average processing time reduced to 47 days, less than theperiod specified in citizens’ charter (Six Months).
• Over 497 lakh digitally signed PDF based intimations sentby email; over 29.37 lakh SMS alerts sent; over 111 lakhIntimations sent by Speed post for preceding years, all over thecountry.• 60 call center agents attend to over 4000 calls daily in 3languages now, with over 9.36 lakh calls attended till date.• Rectification requests received from taxpayers processedwithin statutory time limits, over 8.52 Lakh requests processedout of 9.25 Lakh requests filed (92% completion).• Online tracking of the status of refunds’ processing fromthe Department website.• Launch of Digitization friendly forms with features suchas anchor points, color drop out, bar codes on each page etc –ITR 1-SAHAJ and ITR 4S- SUGAM for AY 2011-12 and AY2012-13 designed by officers at CPC for CBDT based onlearning from digitization of paper returns at CPC.
iii. THE REFUND BANKER SCHEME• The Refund Banker scheme, was initially implemented asa pilot project at Delhi and Patna on. 24.1.2007. It was extendedin phases and today maps the entire country except LargeTaxpayers Unit (LTU) and Exemption Charges. The refundsissued through refund banker count-wise accounts for 98.93%of total refunds issued. Refunds issued till 31st Dec, 2012 underRefund Banker Scheme are as follows:
Paper ECS
No. 1,78,99,564 No. 88,09,670Rs. 62,221.30 Cr. Rs. 33,113.20 Cr.
• A web based status tracking facility in collaboration withIndia Post and National Securities Depository Ltd. (NSDL) hasalso been launched. Refund Status is also available on Internetthrough ITD website. The information on paid refunds is alsoavailable in the ‘Tax Credit Statements’ (Form No. 26AS) beinggiven to taxpayers.
iv. NATIONAL CALL CENTRE AND REGIONAL CALLCENTRES• Another citizen centric initiative undertaken by theDepartment is the setting up of a Robust National Call Centreat Gurgaon and four Regional Call Centres at Jammu, Shillong,Jangipur and Kochi.• The call centres have an All India toll free number (1800-180-1961/1961) with callers being guided through an InteractiveVoice Response System (IVRS) for various information/ servicesincluding returns forms, tax payment procedure, PAN, TINapplication, status of tax payment, refunds, e-returnintermediaries’ role responsibilities jurisdictions etc.
v. PAYMENT OF DIRECT TAXES THROUGH ATMS.• The facility has been introduced by 13 selected banks bothPublic and Private Sector. This facility is being expanded.
Direct Taxes
124
vi. FORM 26AS• This facility of viewing 26AS statements is available onlineon internet to the taxpayers. The 26AS Scheme has a potentialto reduce the mis-match as the taxpayer is now aware of thegaps in the tax credit and, therefore, he facilitates the departmentby chasing the deductor to comply.
• In order to eliminate TDS mismatch, CBDT has issued acircular through which all Deductors have to mandatorilydownload Form 16A from the TIN portal.
• This also gives information about Refunds Paid, AIRInformation like investment in shares, mutual funds etc. anddetails of TDS deducted as well as deposited. In this way theassesse can verify his details.
vii. SEVOTTAM• Aayakar Seva Kendras (ASK) under Sevottam is a singlewindow computerized service mechanism for centralized receipt,registration and distribution of dak.• The department has opened Aayakar Seva Kendras (ASK)at 112 stations till date with a modified Central SoftwareApplication.
viii. TDS-CPC.A Centralised Processing Center at Vaishali, Ghaziabad is beingset up for processing of TDS returns. The CPC-TDS shall inter-alia provide following services:• Web Services for filing of eTDS/TCS correction statementsfor authorized Intermediaries and Deductors• Rectification of PAN Errors in TDS Statements• Handling of Defaults in TDS/TCS/24G Statements• Communication with Deductor/PAO/Intermediaries viaPortal• Intimating Deductors via Help Desk/Call Center• Resolving Grievances reported by Deductors/PAOs• Business Analytics for TDS
ix. NEW APPLICATION FOR BUSINESS PROCESS OFITD• In order to make better use of the existing information andimprove both the Taxpayer Services & Tax Administration, theDepartment has initiated the Project to re-write the existingIncome Tax Department (ITD) Applications with the latesttechnology and new tools.
x. TAX RETURN PREPARERs (TRPs)• With a view to facilitate Return Filing by Medium and SmallTaxpayers, Tax Return Preparers Scheme (TRPS) was notifiedin 2007.• TRPs are now also helping in promoting e-filing.
xi. E- RETURN INTERMEDIARIES (ERIs)• The Scheme for e-Return Intermediaries was notified in2006.• ERIs help the Assessees in e-filing of their Returns onpayment basis.• Various categories of persons viz Tax Practitioners,Chartered Accountants (CAs), Financial Companies, TRPs etc.can become ERIs.INFORMATION TECHNOLOGY INITIATIVES IN THEOFFICE OF PRINCIPAL CHIEF CONTROLLER OFACCOUNTS (PCCA), CBDT:
1. RAMS Project:- O/o Pr.CCA has conceptualized a processwhereby all the challan information could be made available tothe ZAOs in digitized form from the nodal branches. Acomputerized Revenue Accounts system, called RAMS(Revenue Accounting Management Software), has beendeveloped with the help of NIC. Banks upload challans on aportal of this office which is called Challan File ManagementSystem (CFMS) from where it is downloaded by ZAOs and heincorporates these files in to RAMS on daily basis and uploadthe detailed revenue account for direct taxes on e-lekha portalof Controller General of Accounts. Further, the put through fromReserve Bank of India (RBI) is also automated. The ReceiptAccounting Management Software was implemented in 24 ZonalAccounts Offices of this office. Now in the second phase, it isplanned to implement it in the 28 newly created Zonal AccountsOffices.
2. E-Payment project: Implementation of e-payment systemwas implemented in O/o the Pr.CCA, CBDT and its 24 ZonalAccounts Offices as mandated by Finance Minister. Now in thesecond phase, it is planned to enhance its implementation to the28 newly created Zonal Accounts Offices. E-payment systemresults in implementation of electronic payment thus resultingin generation of electronic advices directly to banks anddiscontinuation of present cheque issuing system to a greatextent.
Outcome Budget 2013-2014
1.
Maj
or H
ead
2020
-C
olle
ctio
n of
Inc
ome
Tax;
In
form
atio
nTe
chno
logy
I.Pe
rspe
ctiv
e Pla
n fo
rPh
ase-
III o
fC
ompr
ehen
sive
Com
pute
risat
ion
II.
Tax
Info
rmat
ion
Net
wor
k (T
IN)
A)
Syst
ems
Inte
grat
ion
alon
g w
ith
soft
war
epr
ocur
emen
t
B) M
odifi
catio
n of
Aay
akar
Bha
wan
, Va
isha
li in
to a
secu
re
Info
rmat
ion
Tech
nolo
gy H
ub a
nd i
tsm
aint
enan
ce.
C)
Est
abli
shm
ent,
Mon
itor
ing
and
Impl
emen
tatio
n of
All
Indi
aTa
x N
etw
ork
D) H
iring
of D
ata
Cen
ters
for
Prim
ary,
B
usin
ess
Con
tinui
ty P
lann
ing
(BC
P)&
Dis
aste
r R
ecov
ery
(DR)
site
s.
Bein
g ho
sted
by
Nat
iona
lSe
curi
ty
Dep
osit
ory
•C
ompu
ting
capa
city
to
hand
le t
hepr
ojec
ted
wor
kloa
d up
to 2
014-
15
•Si
ngle
Nat
iona
l Dat
abas
e to
han
dle
all D
irect
Tax
es re
late
d tr
ansa
ctio
ns
•Fa
cilit
ies m
anag
emen
t in
the o
ffice
sof
Inco
me T
ax D
epar
tmen
t
Aft
er m
odif
icat
ion
of t
he V
aish
ali
Build
ing,
Nat
iona
l Com
pute
r Cen
ter w
illbe
est
ablis
hed.
Net
wor
k of
Inc
ome
Tax
offic
es a
cros
sth
e cou
ntry
•C
o-lo
catio
n of
har
dwar
e equ
ipm
ents
in D
ata
Cen
ters
mee
ting
indu
stry
stand
ards
• S
ecur
ity ce
rtific
atio
n of
BS
7799
for
ensu
ring
secu
rity
of th
e eq
uipm
ent
and
data
.
•Id
entif
icat
ion
of p
oten
tial h
igh
risk
tax
evas
ion
case
s
Ong
oing
Proj
ect i
s com
-pl
eted
.
Ong
oing
Act
ivity
. N
ota
rget
s
Ong
oing
Act
ivity
. N
ota
rget
s
Ong
oing
Act
iviti
es
Act
ual e
xpen
ditu
re a
s on
31.
3.20
12–
` 3
07.1
4 cr
ore
Con
soli
dati
on
of
the
Dat
abas
eco
mpl
eted
.
Exp
endi
ture
inc
urre
d up
to 3
1-03
-20
12 is
` 7
0.39
cro
re.
Expe
nditu
re o
n ac
coun
t of
Fac
ility
man
agem
ent
Serv
ices
(FM
S) i
.e.,
Hou
se K
eepi
ng,
Secu
rity
and
alli
edse
rvic
es is
expe
cted
to b
e 2
0.00
cror
e.
The
wor
k of
LA
N/W
AN
con
nect
ivity
in a
ll bu
ildin
gs h
as b
een
com
plet
ed.
Exp
endi
ture
inc
urre
d up
to 3
1-03
-20
12 is
` 4
2.10
cro
re-.
All
the
thre
e da
ta c
ente
rs, P
DC
, BC
Pan
d D
R ar
e ope
ratio
nal.
Exp
endi
ture
inc
urre
d up
to 3
1-03
-20
12 is
` 8
.04
cror
e.
Dur
ing
FY 2
011-
12 u
pto
31.1
2.20
11,
2,29
,84,
327
num
ber
of c
halla
ns a
re
225.
0027
0.00
STAT
US
OF
OU
TC
OM
E W
ITH
RE
FER
EN
CE
TO
OU
TL
AYS
2011
-12
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
e
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2011
-12
(` I
n cr
ore)
44(
i)4(
ii)BE
RE
Qua
ntifi
able
Del
iver
able
s/Phy
sical
Out
puts
5
Proc
esse
s/Ti
mel
ines
6
Stat
us a
s on
31st
Mar
ch, 2
012
7
125 Direct Taxes
126
12
34
56
74(
i)4(
ii)BE
RE
III.
Bus
ines
s Pro
cess
Re-
e
ngin
eeri
ng (B
PR)
IV T
ax p
ayer
s’ se
rvic
es
Lim
ited
(N
SDL
) as
a
depo
sito
ry o
f in
form
atio
nre
latin
g to
:•
Onl
ine
Tax
Acc
ount
Syst
em (O
LTA
S),
•Ta
x de
duct
ions
com
ing
from
TD
S re
turn
s•
Faci
lity
for g
ener
atio
n of
elec
troni
c TD
S ac
coun
ts.
•H
igh
valu
e fi
nanc
ial
tran
sact
ions
co
min
gth
roug
h an
nual
Info
rmat
ion
Retu
rns.
Com
plet
e re
vam
ping
of
exis
ting
busi
ness
pro
cess
esto
mee
t th
e ne
eds
of s
take
hold
ers
To h
ave s
impl
e, tr
ansp
aren
t,di
rect
& u
ser
frie
ndly
inte
ract
ion
with
tax
paye
rsfo
r di
ssem
inat
ion
ofin
form
atio
n by
mea
ns o
fH
elp
line (
Aay
akar
Sam
park
Ken
dra)
, W
eb-s
ite
ofIn
com
e-Ta
x D
epar
tmen
tan
d e-
frie
ndly
serv
ices
-To
prov
ide
the
taxp
ayer
son
line
faci
litie
s fo
r e-fi
ling
of In
com
e tax
retu
rns,
-e –
pay
men
t of t
axes
,
-onl
ine
track
ing
of R
efun
dst
atus
.
•A
ccur
ate a
nd q
uick
cred
it of
TD
Sde
duct
ions
, ide
ntifi
catio
n of
non
-fil
ers/s
top-
filer
s and
case
s of s
hort
dedu
ctio
ns•
Proc
essi
ng o
f TD
S re
turn
s•
Faci
litie
s to
vie
w t
ax p
aym
ents
mad
e by
the
tax
paye
rs o
r by
tax
dedu
ctor
s on
thei
r beh
alf
•D
ashb
oard
faci
litie
s to
the s
enio
rm
anag
emen
t of
the
Dep
artm
ent
for e
ffect
ive
mon
itori
ng a
nd c
ol-
lect
ion
of ta
xes.
•Su
bmis
sion
of
the
repo
rt o
f th
eco
nsul
tant
and
BPR
Rol
lout
Pla
n•
Impl
emen
tatio
n of
the
fea
sibl
ere
com
men
datio
ns as
cont
aine
d in
4th
Rep
ort
of A
dmin
istr
ativ
eRe
form
s Com
mis
sion
on
“Eth
ics
in G
over
nanc
e”.
•D
eliv
erab
les
from
Aay
akar
Sam
park
Ken
dra
(ASK
) are
ØPr
ovis
ion
of P
AN
, C
hall
an,
Ret
urn
Form
s an
d re
late
din
form
atio
nØ
Faci
lity
to se
nd fo
rms b
y e-
mai
lØ
Han
dlin
g of
PA
N g
riev
ance
s•
Prov
isio
n of
ta
x re
late
din
form
atio
n fa
cili
ty
for
dow
nloa
ding
of
vari
ous
form
s/ch
alla
ns a
nd r
etur
n pr
epar
atio
nso
ftwar
e•
Cou
ntry
wid
e fac
ilitie
s for
e-fil
ing
of in
com
e tax
retu
rns
•C
entr
aliz
ed i
ssue
of
refu
nds
thro
ugh
desig
nate
d re
fund
bank
er•
Faci
litie
s for
e-pa
ymen
t of d
irec
tta
xes
rece
ived
in
OLT
AS
for R
s 3,9
4,20
7.78
cror
es o
f th
e ta
x co
llect
ion.
Exp
endi
ture
inc
urre
d up
to 3
1-03
-20
12 is
` 4
5.30
Cro
re.
The
Repo
rt on
BPR
was
sub
mitt
ed to
the
CBD
T in
the
mon
th o
f Ja
nuar
y20
08, p
rese
nted
to fu
ll Bo
ard
on 1
8th /
19th a
nd 2
4th M
arch
200
8.
Form
alM
inut
es w
ere i
ssue
d by
ITC
C S
ectio
nof
Boa
rd in
Apr
il 20
08.
Out
of
64
r
ecom
men
datio
nsm
ade,
13
wer
e mod
ified
and
acce
pted
,47
acce
pted
in to
to a
nd 4
not
acce
pted
.
The
depa
rtmen
t has
s
etup
Aay
akar
Sam
park
Ken
dra,
Nat
iona
l Com
pute
rC
entr
e( N
CC
) at
Gur
gaon
and
fou
rRe
gion
al C
ompu
ter C
entre
s (RC
Cs)
atJa
mm
u,Ja
ngip
ur,S
hillo
ng &
Koc
hi.
Exp
endi
ture
incu
rred
upt
o 31
-03-
2012
is `
1.4
5 cr
ore
No
spec
ific
mile
ston
es se
t
· O
ngoi
ng
Act
iviti
es
No
targ
ets.
Volu
me
oftra
nsac
tion
base
don
the e
nd u
sers
and
taxp
ayer
s
Outcome Budget 2013-2014
127
12
34
56
74(
i)4(
ii)BE
RE
V
Refu
nd B
anke
r
VI
Cen
tral
ized
Pro
-ce
ssin
g C
entr
e (C
PC)
Proj
ect
VII
B
iom
etric
PA
N
Proj
ect
(A)
Det
erm
ine,
gen
erat
e,is
sue,
dis
patc
h, c
redi
t an
dsa
fe d
eliv
ery
of In
com
e Tax
refu
nds.
(B) M
ake t
he re
fund
pro
cess
com
plet
ely
auto
mat
edsp
eedy
and
tran
spar
ent a
ndto
ach
ieve
a f
aste
r Tu
rnA
roun
d Ti
me
(A)
Cen
tral
ised
pro
cess
ing
of b
oth
pape
r ba
sed
and
e-fil
ed I
ncom
e Ta
x R
etur
ns(I
TRs)
.
(B)
The
CPC
wou
ld en
able
the D
epar
tmen
t to
cope
with
rapi
d gr
owth
in th
e num
ber
of
taxp
ayer
s an
dco
nseq
uent
ly th
e vol
ume
ofw
ork
for e
mpl
oyee
s.
(C)
It
wou
ld a
llow
the
Dep
artm
ent t
o brin
g in
mor
eef
fici
ent
proc
esse
s an
dm
oder
n ci
tize
n se
rvic
esof
fere
d by
the
bes
t Ta
xA
dmin
istr
atio
ns a
cros
s th
egl
obe.
(A)
To p
ut i
n pl
ace
abi
omet
ric so
lutio
n to
ensu
reth
at n
o du
plic
ate
PAN
is
issu
ed i.
e. sa
me p
erso
n do
es
A
syst
em
driv
en
proc
ess
for
dete
rmin
atio
n, g
ener
atio
n, i
ssue
,di
spat
ch a
nd c
redi
t of
ref
unds
and
enab
les e
ffici
ent a
nd sa
fe d
eliv
ery
ofIn
com
e Tax
refu
nds.
It i
ntro
duce
s ath
ird
party
into
the
phys
ical
issu
e or
cred
it of
ref
unds
so
as to
mak
e th
epr
oces
s co
mpl
etel
y au
tom
ated
,sp
eedy
and
tra
nspa
rent
, a
nd t
oac
hiev
e a fa
ster
Tur
n A
roun
d Ti
me.
A w
eb b
ased
sta
tus
track
ing
faci
lity
for d
eliv
ery
of re
fund
.
(i) T
he C
PC w
ould
initi
ally
pro
cess
trans
actio
ns fo
r all
e-fil
ed In
com
e Tax
Ret
urns
(IT
Rs)
cou
ntry
wid
e an
dph
ysic
al IT
Rs f
or B
anga
lore
.
(ii) A
s the
CPC
stab
ilize
s, th
e phy
sical
ITRs
from
Kar
nata
ka an
d G
oa an
d an
adjo
inin
g st
ate
wou
ld a
lso
be g
iven
to th
e C
PC to
scal
e up
the o
pera
tion.
(iii)
The C
PC at
Ban
galo
re w
ill h
ave
scal
abili
ty to
pro
cess
20
lakh
pap
erre
turn
s an
d 60
lak
h e-
filed
ret
urns
from
the Z
one.
(iv)
Even
tual
ly, i
t is
envi
sage
d th
atth
e C
PC m
odel
wou
ld b
e re
plic
ated
acro
ss t
he c
ount
ry,
havi
ng g
aine
dex
peri
ence
and
lea
rnin
g fr
om t
heC
PC in
Ban
galo
re.
• Cap
ture
bio
met
ric fe
atur
es (f
ace +
4fin
gers
) of P
AN
app
lican
ts to
pre
vent
allo
tmen
t of d
uplic
ate P
AN
s.
The
num
ber
of r
efun
ds s
ent t
hrou
ghRe
fund
Ban
ker S
chem
e in
F.Y
. 201
1-12
(ti
ll 3
1.12
.201
1) i
s 81
lak
hs(a
ppro
x.) a
nd co
nstit
utes
96%
of t
otal
refu
nds
issu
ed a
ll ov
er I
ndia
, dur
ing
this
per
iod.
Exp
endi
ture
inc
urre
d up
to 3
1-03
-20
12 is
` 3
1.93
Cro
re.
Exp
endi
ture
inc
urre
d up
to 3
1-03
-20
12 is
` 8
9.64
Cro
re.
Proj
ect w
as k
ept i
n ab
eyan
ce p
endi
ngcl
arifi
catio
n fr
om th
e UID
AI.
Ong
oing
.
Ong
oing
atBa
ngal
ore
Direct Taxes
128
12
34
56
74(
i)4(
ii)BE
RE
Maj
or H
ead
4059
–C
apita
l out
lay
on p
ublic
wor
ks –
off
ice b
uild
ings
Purc
hase
of
O
ffic
eac
com
mod
atio
n at
Civ
icC
entre
, Min
to R
oad,
New
Del
hi.
Con
stru
ctio
n an
dfu
rnis
hing
of
Off
ice
Build
ing
at S
aket
, N
ewD
elhi
.
Con
stru
ctio
n of
Adv
ance
Trai
ning
Cen
tre,
Mes
s/H
oste
l at
N
atio
nal
Aca
dem
y of D
irect
Tax
es(N
AD
T), N
agpu
r.
Con
stru
ctio
n of
new
host
el at
NA
DT,
Nag
pur.
Con
stru
ctio
n of
gue
stho
use a
t Gol
f Lin
ks, N
ewD
elhi
.
not g
et m
ore
than
one
PA
Nnu
mbe
r.
(B)B
iom
etri
c in
form
atio
n,be
ing
mor
e sta
ble w
ith ti
me
and
diff
icul
t to
cha
nge,
wou
ld b
e ab
le t
o de
tect
dupl
icat
e PA
N a
pplic
atio
nw
ith g
reat
er a
ccur
acy.
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e.
To
cond
uct
adva
nced
cour
ses i
nclu
ding
trai
ning
offo
reig
n of
ficia
ls an
d to
mee
tth
e in
crea
sing
nee
d fo
rac
com
mod
atio
n fa
cilit
ies a
tN
AD
T.
To ex
pand
infra
stru
ctur
e for
train
ing
at N
AD
T.
To m
itiga
te th
e sh
orta
ge o
fgu
est
hous
e fa
cili
ty f
orvi
sitin
g of
ficia
ls.
• V
erif
y bi
omet
ric
feat
ures
of
appl
ican
ts w
ho a
pply
for
rep
rint o
fca
rds o
r cha
nge i
n PA
N d
ata.
• C
ompo
site
and
sca
labl
e so
lutio
nw
itho
ut v
endo
r lo
ck-i
n to
be
proc
ured
.
• Sol
utio
n to
be
inte
grat
ed w
ith n
ewPA
N ap
plic
atio
n an
d al
so p
rosp
ectiv
eus
e fo
r the
exi
stin
g PA
N h
olde
rs.
Offi
ce sp
ace m
easu
ring
abou
t 51,
768
sq. m
etre
s of s
uper
bui
lt up
are
a w
illbe
ava
ilabl
e to
miti
gate
the s
hort
age
of o
ffice
acc
omm
odat
ion
at D
elhi
.
Con
stru
ctio
n of
offi
ce b
uild
ing
Con
stru
ctio
n of
ATC
, Hos
tel-I
I with
mes
sd a
t NA
DT,
Nag
pur
To m
eet
the
obje
ctiv
es d
efin
ed i
nco
lum
n-3
Gue
st H
ouse
at
Gol
f Li
nks,
New
Del
hi.
Act
ual e
xpen
ditu
re a
s on
31.
3.12
–`
256.
53 c
rore
` 60
0.00
cro
re p
rovi
ded
in B
E fo
rm
akin
g pa
ymen
t of F
inal
tran
che t
o the
MC
D h
ad t
o be
sur
rend
ered
in
RE
cons
ider
ing
the s
tage
of c
ompl
etio
n of
the
proj
ect.
The
proj
ect h
as b
een
shel
ved.
App
roxi
mat
ely
30%
wor
k ha
s be
enco
mpl
eted
.
The
proj
ect h
as b
een
com
plet
ed
Wor
k ye
t to
be
star
ted
as a
gree
men
tw
ith N
BC
C is
not
yet
sign
ed.
2 I II III
IV V
31.3
.201
2
31.3
.201
2
31.3
.201
3
30.0
6.20
11
30.0
9.20
12
877.
7031
7.51
Outcome Budget 2013-2014
Rs. 1
0.00
cro
res w
ere
prov
ided
in B
Ew
hich
wer
e inc
reas
ed to
Rs.1
6.20
cror
ein
the
RE.
Con
stru
ctio
n w
ork
is i
npr
ogre
ss.
Rs. 5
.00
cror
es w
as p
rovi
ded
duri
ngth
e F.
Y.
Con
stru
ctio
n w
ork
is i
npr
ogre
ss.
Sanc
tion
of p
roje
ct (
proj
ect
valu
eRs
.49.
53 cr
ore)
gra
nted
on
24.5
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1.Th
e ex
pend
iture
has
bee
n in
curr
eddu
ring
the F
.Y. 2
011-
12.
Act
ual e
xpen
ditu
re a
s on
31.3
.201
2-
` 3.
18 c
rore
Rs. 1
5.00
cro
re w
ere
prov
ided
und
erBE
whi
ch w
ere
redu
ced
to N
IL in
RE
as th
e ap
prov
als f
or p
ropo
sal i
s yet
tobe
rec
eive
d.
The
pro
posa
l is u
nder
exam
inat
ion.
Con
stru
ctio
n w
ork
is in
pro
gres
s.
VI
VII
VII
I
IX 3 I II III
31.3
.201
3
31.3
.201
3
30.9
.201
1
-
STAT
US
OF
OU
TC
OM
E W
ITH
RE
FER
EN
CE
TO
OU
TL
AYS
2011
-12
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
e
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2011
-12
(` I
n cr
ore)
44(
i)4(
ii)BE
RE
Qua
ntifi
able
Del
iver
able
s/Phy
sical
Out
puts
5
Proc
esse
s/Ti
mel
ines
6
Stat
us a
s on
31st
Mar
ch, 2
012
7
129
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e.
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e.
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e.
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e.
To m
itiga
te th
e sh
orta
ge o
fre
side
ntia
l an
d of
fice
acco
mm
odat
ion
at M
umba
i.
To m
itiga
te th
e sh
orta
ge o
fre
side
ntia
l acc
omm
odat
ion.
To m
itiga
te th
e sh
orta
ge o
fre
side
ntia
l acc
omm
odat
ion.
Con
stru
ctio
n of
offi
ce b
uild
ing
atN
oida
.
The
offi
ce s
pace
of
4342
sq.
mts
.pr
opos
ed to
be c
onst
ruct
ed w
ithin
10
mon
ths a
fter g
rant
ing
A/A
& F
/S
Con
stru
ctio
n of
offi
ce b
uild
ing
Con
stru
ctio
n of
DT
RTI B
uild
ing
Res
iden
tial
qua
rter
s an
d of
fice
acco
mm
odat
ion
at N
arim
an-P
oint
Mum
bai
Con
stru
ctio
n of
resi
dent
ial c
ompl
ex
Con
stru
ctio
n of
resi
dent
ial Q
uarte
rs
Con
stru
ctio
n of
Offi
cebu
ildin
g at
Noi
da.
Con
stru
ctio
n of
Offi
cebu
ildin
g at
Fir
ozab
ad,
U.P
.
Purc
hase
of r
eady
bui
ltof
fice
pr
emis
es
atTh
ane,
Mah
aras
htra
.
Cons
truct
ion
of bu
ildin
gfo
r D
irec
t Ta
xes
Reg
iona
l T
rain
ing
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itute
(D
TRT
I),
atM
ohal
i, C
hand
igar
h
MH
421
6 –
Cap
ital
Out
lay
on
publ
icw
orks
- H
ousi
ngC
onst
ruct
ion
ofre
side
ntia
l cu
m o
ffice
buil
ding
at
Nar
iman
Poin
t, M
umba
i.
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stru
ctio
n of
resi
dent
ial
com
plex
incl
udin
g a
com
mun
ityha
ll at
Had
apsa
r, Pu
ne
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stru
ctio
n of
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e Van
d Ty
pe V
I qua
rter
atJa
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u.
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00
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Maj
or H
ead
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olle
ctio
n of
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ome
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In
form
atio
nTe
chno
logy
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rspe
ctiv
e Pla
n fo
rPh
ase-
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fC
ompr
ehen
sive
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pute
risat
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ems
Inte
grat
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alon
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ith
soft
war
epr
ocur
emen
t
B)
Est
abli
shm
ent,
Mon
itor
ing
and
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emen
tatio
n of
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aTa
x N
etw
ork
C)
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ng o
f Dat
a C
ente
rsfo
r Pr
imar
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Bus
ines
sC
ontin
uity
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nnin
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CP)
& D
isas
ter
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tes.
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ompu
ting
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city
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hand
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hepr
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kloa
d up
to 2
014-
15
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ngle
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iona
l Dat
abas
e to
han
dle
all D
irect
Tax
es re
late
d tr
ansa
ctio
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cilit
ies m
anag
emen
t in
the o
ffice
sof
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me T
ax D
epar
tmen
t
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k of
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ome
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offic
es a
cros
sth
e cou
ntry
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o-lo
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har
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ipm
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ata
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ters
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ting
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stry
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ecur
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rtific
atio
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7799
for
ensu
ring
secu
rity
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he eq
uipm
ent
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oing
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ect
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m-
plet
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Ong
oing
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ivity
No
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ets
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ual e
xpen
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re a
s on
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2.20
12–
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03.3
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ore
Con
soli
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mpl
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.
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soli
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on
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mpl
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epta
nce
of P
roje
ct h
asbe
en c
ompl
eted
in
May
200
9 af
ter
eval
uatio
n of
im
plem
enta
tion
of t
hete
rms o
f con
tract
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vend
or.
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r –S
I co
mpl
eted
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Y 2
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10,
mor
e th
an 2
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cror
e of
ret
urns
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epr
oces
sed.
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endi
ture
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urre
d up
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1-12
-20
12 is
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cror
e.
The
wor
k of
LA
N/W
AN
con
nect
ivity
in a
ll bu
ildin
gs h
as b
een
com
plet
ed.
Exp
endi
ture
inc
urre
d up
to 3
1-12
-20
12 is
` 3
2.93
cro
re
All
the
thre
e da
ta c
ente
rs, P
DC
, BC
Pan
d D
R ar
e ope
ratio
nal.
Exp
endi
ture
inc
urre
d up
to 3
1-12
-20
12 is
` 4
.67
cror
e.
225.
0040
0.00
STAT
US
OF
OU
TC
OM
E W
ITH
RE
FER
EN
CE
TO
OU
TL
AYS
2012
-13
S. No. 1
Nam
e of
the
Sche
me/
Prog
ram
e
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2012
-13
(` I
n cr
ore)
44(
i)4(
ii)BE
RE
Qua
ntifi
able
Del
iver
able
s/Phy
sical
Out
puts
5
Proc
esse
s/Ti
mel
ines
6
Stat
us a
s on
31st
Dec
embe
r, 20
12
7
130Outcome Budget 2013-2014
131
12
34
56
74(
i)4(
ii)BE
RE
II.
Tax
Info
rmat
ion
N
etw
ork
(TIN
)
III.
Bus
ines
s Pro
cess
Re-
e
ngin
eeri
ng (B
PR)
IV
Tax
paye
rs’ s
ervi
ces
Bei
ng h
oste
d by
Nat
iona
lSe
curit
y Dep
osito
ry L
imite
d(N
SDL)
as
a de
posi
tory
of
info
rmat
ion
rela
ting
to :
•O
nlin
e Ta
x A
ccou
ntSy
stem
(OLT
AS)
,•
Tax
dedu
ctio
ns c
omin
gfr
om T
DS
retu
rns
•Fa
cilit
y fo
r gen
erat
ion
ofel
ectro
nic T
DS
acco
unts
.•
Hig
h va
lue
fina
ncia
ltr
ansa
ctio
ns
com
ing
thro
ugh
annu
alIn
form
atio
n Re
turn
s.
Com
plet
e re
vam
ping
of
exis
ting
busi
ness
pro
cess
esto
mee
t th
e ne
eds
of s
take
hold
ers
To h
ave s
impl
e, tr
ansp
aren
t,di
rect
& u
ser
frie
ndly
inte
ract
ion
with
tax
paye
rsfo
r di
ssem
inat
ion
ofin
form
atio
n by
mea
ns o
fH
elp
line (
Aay
akar
Sam
park
Ken
dra)
, W
eb-s
ite
ofIn
com
e-Ta
x D
epar
tmen
tan
d e-
frie
ndly
serv
ices
-To
prov
ide
the
taxp
ayer
son
line
faci
litie
s fo
r e-fi
ling
of In
com
e tax
retu
rns,
•Id
entif
icat
ion
of p
oten
tial
high
risk
tax
evas
ion
case
s•
Acc
urat
e and
qui
ck cr
edit
of T
DS
dedu
ctio
ns, i
dent
ifica
tion
of n
on-
filer
s/sto
p-fil
ers a
nd ca
ses o
f sho
rtde
duct
ions
•Pr
oces
sing
of T
DS
retu
rns
•Fa
cilit
ies
to v
iew
tax
pay
men
tsm
ade
by th
e ta
x pa
yers
or b
y ta
xde
duct
ors o
n th
eir b
ehal
f
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ashb
oard
faci
litie
s to
the s
enio
rm
anag
emen
t of
the
Dep
artm
ent
for e
ffect
ive
mon
itori
ng a
nd c
ol-
lect
ion
of ta
xes.
•Su
bmis
sion
of
the
repo
rt o
f th
eco
nsul
tant
and
BPR
Rol
lout
Pla
n
•Im
plem
enta
tion
of t
he f
easi
ble
reco
mm
enda
tions
as co
ntai
ned
in4t
h R
epor
t of
Adm
inis
trat
ive
Refo
rms C
omm
issi
on o
n “E
thic
sin
Gov
erna
nce”
.
•D
eliv
erab
les
from
Aay
akar
Sam
park
Ken
dra
(ASK
) are
:-Ø
Prov
isio
n of
PA
N,
Cha
llan
,R
etur
n Fo
rms
and
rela
ted
info
rmat
ion
ØFa
cilit
y to
send
form
s by
e-m
ail
ØH
andl
ing
of P
AN
gri
evan
ces
•Pr
ovis
ion
of
tax
rela
ted
info
rmat
ion
faci
lity
fo
rdo
wnl
oadi
ng o
f va
riou
s fo
rms/
chal
lans
and
ret
urn
prep
arat
ion
softw
are
Dur
ing
FY 2
011-
12 u
pto
31.1
2.20
11,
2,29
,84,
327
num
ber
of c
halla
ns a
rere
ceiv
ed i
n O
LTA
S fo
r Rs 3
,94,
207.
78cr
ores
of
the
tax
colle
ctio
n.
Dur
ing
FY 2
010-
11 u
pto
31.1
2.20
10,
2,02
,16,
560
num
ber o
f cha
llans
wer
ere
ceiv
ed i
n O
LTA
S fo
r Rs 3
,44,
834.
00cr
ore
of t
he ta
x co
llect
ion.
Exp
endi
ture
inc
urre
d up
to 3
1-12
-20
12 is
` 3
3.27
cro
re.
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Repo
rt on
BPR
was
sub
mitt
ed to
the
CBD
T in
the
mon
th o
f Ja
nuar
y20
08, p
rese
nted
to fu
ll Bo
ard
on 1
8th /
19th a
nd 2
4th M
arch
200
8.Fo
rmal
Min
utes
wer
e is
sued
by
ITC
CSe
ctio
n of
Boa
rd in
Apr
il 20
08.
Out
of
64
reco
mm
enda
tions
m
ade,
13 w
ere
mod
ified
and
acc
epte
d, 4
7ac
cept
ed in
toto
and
4 n
ot a
ccep
ted.
The
depa
rtmen
t has
s
etup
Aay
akar
Sam
park
Ken
dra
at G
urga
on an
d fo
urRe
gion
al K
endr
as at
Jam
mu,
Jang
ipur
,Sh
illon
g &
Koc
hi.
Exp
endi
ture
inc
urre
d up
to 3
1-12
-20
12 is
` 5
.80
cror
e.
Ong
oing
Act
ivity
No
targ
ets
31
.10.
2007
Direct Taxes
132
12
34
56
74(
i)4(
ii)BE
RE
V.
Ref
und
Bank
er
VI.
Cen
traliz
ed P
ro-
cess
ing
Cen
tre
(C
PC) P
roje
ct
-e –
pay
men
t of t
axes
,
-onl
ine
track
ing
of R
efun
dst
aurs
(A)
Det
erm
ine,
gen
erat
e,is
sue,
dis
patc
h, c
redi
t an
dsa
fe d
eliv
ery
of In
com
e Tax
refu
nds.
(B) M
ake t
he re
fund
pro
cess
com
plet
ely
auto
mat
edsp
eedy
and
tran
spar
ent a
ndto
ach
ieve
a f
aste
r Tu
rnA
roun
d Ti
me
(A)
Cen
tral
ised
pro
cess
ing
of b
oth
pape
r ba
sed
and
e-fil
ed I
ncom
e Ta
x R
etur
ns(I
TRs)
.
(B)
The
CPC
wou
ld en
able
the D
epar
tmen
t to
cope
with
rapi
d gr
owth
in th
e num
ber
of
taxp
ayer
s an
dco
nseq
uent
ly th
e vol
ume
ofw
ork
for e
mpl
oyee
s.
(C)
It w
ould
allo
w th
e D
e-pa
rtm
ent
to b
ring
in m
ore
effic
ient
pro
cess
es a
nd m
od-
ern
citiz
en s
ervi
ces
offe
red
by th
e bes
t Tax
Adm
inis
tra-
tions
acr
oss t
he g
lobe
.
•C
ount
ryw
ide f
acili
ties f
or e-
filin
gof
inco
me t
ax re
turn
s•
Cen
tral
ized
iss
ue o
f re
fund
sth
roug
h de
signa
ted
refu
nd ba
nker
•Fa
cilit
ies f
or e-
paym
ent o
f dir
ect
taxe
s
A
syst
em
driv
en
proc
ess
for
dete
rmin
atio
n, g
ener
atio
n, i
ssue
,di
spat
ch a
nd c
redi
t of
ref
unds
and
enab
les e
ffici
ent a
nd sa
fe d
eliv
ery
ofIn
com
e Tax
refu
nds.
It i
ntro
duce
s ath
ird
party
into
the
phys
ical
issu
e or
cred
it of
ref
unds
so
as to
mak
e th
epr
oces
s com
plet
ely
auto
mat
e, sp
eedy
and
trans
pare
nt,
and
to
achi
eve
afa
ster
Tur
n A
roun
d Ti
me.
A w
eb b
ased
sta
tus
track
ing
faci
lity
for d
eliv
ery
of re
fund
.
•B
ette
r ta
xpay
er s
ervi
ces
and
redu
ced
grie
vanc
es.
•L
ower
com
plia
nce
cost
for
taxp
ayer
s.
•Re
duce
d ad
min
istra
tive
cost
for
Dep
artm
ent.
•Fa
ster
pro
cess
ing
lead
ing
tosp
eedy
del
iver
y of
ref
unds
and
henc
e low
er in
tere
st o
utgo
.
•Ef
ficie
nt u
se o
f m
anpo
wer
and
offic
e sp
ace.
The
num
ber
of r
efun
ds s
ent t
hrou
ghRe
fund
Ban
ker S
chem
e in
F.Y
. 201
1-12
(ti
ll 3
1.12
.201
1) i
s 81
lak
hs(a
ppro
x.) a
nd co
nstit
utes
96%
of t
otal
refu
nds
issu
ed a
ll ov
er I
ndia
, dur
ing
this
per
iod.
Exp
endi
ture
inc
urre
d up
to 3
1-12
-20
12 is
` 1
7.45
cro
re.
(i) T
he p
roce
ssin
g of
e-f
iled
Retu
rns
for A
Y 2
011-
12 st
arte
d an
d 57
.79.
lakh
retu
rns h
ave
been
pro
cess
ed.
(ii) 7
7.37
lakh
retu
rns o
f AY
201
0-11
have
bee
n pr
oces
sed
so fa
r. O
nly
1.02
lakh
ret
urns
whe
re e
ither
ITR
V n
otre
ceiv
ed or
whe
re ce
rtain
clar
ifica
tions
are s
ough
t are
pen
ding
(iii)
Arr
ange
men
ts f
or p
roce
ssin
gpa
per
retu
rns
of K
arna
taka
Goa
in
plac
e.
(i)
All
rect
ific
atio
n re
ceiv
ed u
pto
Nov
embe
r 20
11 d
ispo
sed
Exp
endi
ture
inc
urre
d up
to 3
1-12
-20
12 is
` 4
6.66
cro
re
Ong
oing
.
Outcome Budget 2013-2014
133
12
34
56
74(
i)4(
ii)BE
RE
Cen
traliz
ed P
roce
ssin
gC
entre
(CPC
) to p
roce
ssTD
S St
atem
ents
New
ITD
App
licat
ion
i. To
dev
elop
and
impl
emen
ta
com
preh
ensi
ve s
yste
m to
incr
ease
eff
icie
ncy,
and
effe
ctiv
enes
s of
IT
D i
npr
oces
sing
, acc
ount
ing
and
reco
ncili
atio
n of
the
TD
SSt
atem
ents
file
d.
ii. T
o se
t up
a C
entra
lized
Proc
essi
ng C
ente
r an
dac
hiev
e ba
ck
offi
ceau
tom
atio
n on
an
outs
ourc
ed
mod
el
for
perf
orm
ing
non-
core
activ
ities
of I
TD.
iii. T
o en
able
and
leve
rage
tech
nolo
gy t
o au
tom
ate
back
-end
pro
cess
es i
n lin
ew
ith b
estp
ract
ices
in
the
indu
stry
iv.
Man
age
tax
adm
inis
trat
ion
func
tions
such
as
rece
ipt
of d
ata
rela
ting
to T
DS
Stat
emen
ts,
mat
chin
g w
ith in
form
atio
nfro
m O
LTA
S, v
erifi
catio
n of
PAN
and
ide
ntify
ing
case
sin
volv
ing
inva
lid/ n
o PA
N,
late
file
rs, n
on-fi
lers
, def
ault
case
s et
c, p
roce
ssin
g, is
sue
of d
eman
d no
tices
and
/or
refu
nds a
nd st
orag
e of
TD
SSt
atem
ents
in a
cen
traliz
edm
anne
r.
Re-
wri
ting
of
new
IT
Dap
plic
atio
n w
ith
late
stte
chno
logy
w
ith
new
land
scap
e an
d ne
wH
ardw
are
&
Als
o to
mai
ntai
n ol
d ap
plic
atio
n
The
proj
ect (
CPC
TD
S) is
exp
ecte
dto
han
dle
appr
oxim
atel
y 3
3 cr
ore
trans
actio
ns d
urin
g FY
201
2-13
• R
e-w
ritin
g of
all I
TD ap
plic
atio
ns.
• C
o-lo
catio
n of
har
dwar
e equ
ipm
ent
in D
ata
Cen
tre
(Prim
ary,
BCP
and
DR)
mee
ting
indu
stry
stan
dard
s
No
expe
nditu
re in
curr
ed in
FY
201
2-13
upt
o 31
-12-
2012
.
Exp
endi
ture
in
curr
ed
as
on31
.12.
2012
is `
0. 6
8 cr
ore
VII
VIII
Direct Taxes
134
12
34
56
74(
i)4(
ii)BE
RE
IX X 2 I. II. III.
Proc
urin
g a
B.I
. App
licat
ion,
its
cust
omiz
atio
n an
d tra
inin
g of
staf
f on
this
appl
icat
ion.
To e
nabl
e e-
paym
ent t
o al
l ven
dors
& b
enef
icia
ries
und
er p
aym
ent
juri
sdic
tion
of 2
4 ZA
Os.
Acq
uisit
ion
of of
fice s
pace
mea
surin
gab
out 5
1,76
8 sq
. met
res o
f sup
er b
uilt
up a
rea
will
be
avai
labl
e to
miti
gate
the s
horta
ge of
offi
ce ac
com
mod
atio
nat
Del
hi .
Con
stru
ctio
n of
ATC
, Hos
tel-I
I with
mes
s at N
AD
T, N
agpu
r
Con
stru
ctio
n of
offi
ce b
uild
ing
Rev
enue
A
ccou
ntin
gM
ange
men
t Sof
twar
e
Impl
emen
tatio
n of
e-
paym
ent a
s man
date
d by
Fina
nce M
inist
er in
all 2
4ZA
Os
Maj
or H
ead
4059
–C
apita
l out
lay
on p
ublic
wor
ks –
off
ice b
uild
ings
Purc
hase
of
O
ffic
eac
com
mod
atio
n at
Civ
icC
entre
, Min
to R
oad,
New
Del
hi.
Con
stru
ctio
n of
Adv
ance
d T
rain
ing
Cen
tre,
hos
tel
& M
ess
NA
DT,
Nag
pur
Purc
hase
of N
BCC
Plaz
a,Sa
ket,
Del
hi
Serv
ers,
Com
pute
rs a
nd P
rinte
rs f
orim
plem
enta
tion
of R
AM
S in
ZA
Os
have
bee
n pu
rcha
sed
and
inst
alle
d in
24 Z
AO
s . M
odifi
catio
n/ U
p gr
adat
ion/
Cus
tom
izat
ion
of R
AM
S so
ftw
are
succ
essf
ully
impl
emen
ted
in 2
4 ZA
Os.
Fund
s hav
e bee
n ut
ilize
d fo
r pur
chas
eof
Ser
vers
, Com
pute
rs a
nd P
rinte
rs fo
rim
plem
enta
tion
of e
-Pay
men
t an
din
stal
led
in 2
4 ZA
Os
. Mod
ifica
tion/
Up
grad
atio
n/ C
usto
miz
atio
n of
RA
MS
soft
war
e su
cces
sful
lyim
plem
ente
d in
24
ZAO
s.
Act
ual e
xpen
ditu
re a
s on
31.1
2.20
11–
` 41
.66
cror
e
Rs.
600
cror
e w
ere
prov
ided
in
BE.
The b
udge
t pro
visio
n ha
s bee
n re
duce
dto
Rs.3
39 c
rore
in R
E 20
12-1
3.
App
rox.
61%
wor
k ha
s bee
n co
mpl
eted
till 3
1.12
.201
2. T
he am
ount
pro
vide
dha
s bee
n ut
ilize
d.
Fina
l pa
ymen
t of
Rs.
5.00
cro
rere
leas
ed o
n 12
.6.2
012.
Com
pila
tion
of
Rev
enue
Acc
ount
s, D
ata
trans
fer
toce
ntra
lized
Dat
abas
e Ser
ver
at
NIC
H
yder
abad
&
oper
atio
nalis
ing
the
B.I.
App
lica
tion
to
gene
rate
vari
ous M
IS
Impl
emen
ting
ele
ctro
nic
paym
ent i
n al
l 24
ZAO
s.
To fu
lfill
the
need
of h
avin
ga t
rain
ing
for a
dvan
ce co
urse
incl
udin
g tra
inin
g of
fore
ign
offi
cial
s an
d in
crea
sing
need
s of
acc
omm
odat
ion
aris
ing
at N
AD
T, N
agpu
r of
incr
ease
d pa
rtic
ipan
ts a
ndco
urse
s.
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e
777.
4842
6.20
31
.9.2
013
10.
6.20
13
Outcome Budget 2013-2014
135
12
34
56
74(
i)4(
ii)BE
RE
Con
stru
ctio
n of
offi
cebu
ildin
g fo
r I.T
. Dep
tt at
Noi
da.
Con
stru
ctio
n of
gue
stho
use
at G
olf
Link
s,N
ew D
elhi
.
Con
stru
ctio
n of
RT
IBu
ildin
g M
ohal
i
Con
stru
ctio
n of
offi
cebu
ildin
g at
Fer
ozab
ad
Con
stru
ctio
n of
offi
cebu
ildin
g at
Ban
galo
re
Con
stru
ctio
n of
offi
cecu
m re
siden
tial b
uild
ing
at L
uckn
ow
Con
stru
ctio
n of
offi
cecu
m re
siden
tial b
uild
ing
at S
rinag
ar
Con
stru
ctio
n of
offi
cean
d res
iden
tial q
uarte
rsat
Sha
hjah
anpu
r
Con
stru
ctio
n of
offi
cecu
m re
siden
tial b
uild
ing
at
Nar
iman
Poi
nt,
Mum
bai.
IV V VI
VII
VIII
IX X XI
XII
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e
To m
itiga
te th
e sh
orta
ge o
fG
uest
Hou
se.
To en
hanc
e tra
inin
g ca
paci
ty
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e
To m
itiga
te th
e sh
orta
ge o
fof
fice
spac
e
To m
itiga
te th
e sh
orta
ge o
fof
fice/
resi
dent
ial s
pace
To m
itiga
te th
e sh
orta
ge o
fof
fice
and
resi
dent
ial s
pace
To m
itiga
te th
e sh
orta
ge o
fof
fice
and
resi
dent
ial s
pace
To m
itiga
te th
e sh
orta
ge o
fre
side
ntia
l cu
m
offi
ceac
com
mod
atio
n.
Con
stru
ctio
n of
offi
ce b
uild
ing
atN
oida
.
Con
stru
ctio
n of
Gue
st H
ouse
at G
olf
Link
s, N
ew D
elhi
.
Con
stru
ctio
n of
reg
iona
l tr
aini
ngce
ntre
Con
stru
ctio
n of
offi
ce
Con
stru
ctio
n of
offi
ce
Con
stru
ctio
n of
the
off
ice
cum
resi
dent
ial b
uild
ing
Con
stru
ctio
n of
the
off
ice
cum
resi
dent
ial b
uild
ing
Con
stru
ctio
n of
the
off
ice
cum
resi
dent
ial b
uild
ing
Res
iden
tial
qua
rter
s an
d of
fice
acco
mm
odat
ion
at N
arim
an-P
oint
Mum
bai
Con
stru
ctio
n w
ork
unde
r pr
ogre
sslik
ely
expe
nditu
re i
n FY
201
2-13
Rs.7
.70
cror
e.
Prop
osal
has
not
tak
en o
ff d
ue t
odi
ffere
nces
with
exe
cutin
g ag
ency
.
Prop
osal
und
er p
roce
ss.
Con
stru
ctio
n w
ork
is u
nder
pro
gres
s.
In v
iew
of th
e titl
e sui
t in
Hon
’ble
Hig
hC
ourt
of K
arna
taka
, the
pro
posa
l cou
ldno
t be
put u
p fo
r app
rova
l. H
owev
er,
now
the
stay
has
bee
n va
cate
d an
d th
epr
opos
al is
now
und
er p
roce
ss.
Rs.4
4.00
cro
re w
ere
appr
oved
in B
Ew
hich
wer
e red
uced
to N
IL in
vie
w o
fth
e pr
ogre
ss o
f th
e pr
opos
al a
t R
Est
age.
Rs.1
0.00
cro
re w
ere
appr
oved
in B
Ew
hich
was
redu
ced
to N
IL in
vie
w o
fth
e pr
ogre
ss o
f th
e pr
opos
al a
t R
Est
age.
Pro
posa
l und
er p
roce
ss.
Proj
ect i
s und
er ex
amin
atio
n .
Prop
osal
is u
nder
exam
inat
ion
31
.3.2
012
31
.3.2
013
31
.3.2
013
18 m
onth
s fr
omth
e da
y of
sanc
tion
orde
r is
rece
ived
.
24 m
onth
s fr
omth
e da
y of
sanc
tion
orde
r is
rece
ived
.
24 m
onth
s fr
omth
e da
y of
sanc
tion
orde
r is
rece
ived
.
46 m
onth
s fr
omth
e da
y of
sanc
tion
orde
r is
rece
ived
.
Direct Taxes
136
12
34
56
74(
i)4(
ii)BE
RE
MH
421
6 –
Cap
ital
Out
lay
on
publ
icw
orks
- H
ousi
ng
Prop
osal
fo
rco
nstr
ucti
on
ofre
side
ntia
l co
mpl
ex a
tPu
ne.
Con
stru
ctio
n of
resi
dent
ial
quar
ters
at
Jam
mu
3 I II
To m
itiga
te th
e sh
orta
ge o
fre
side
ntia
l acc
omm
odat
ion.
To m
itiga
te th
e sh
orta
ge o
fre
side
ntia
l acc
omm
odat
ion
and
prov
ide
bette
r wor
king
envi
ronm
ent f
or th
e offi
cers
(offi
cial
s of t
he D
epar
tmen
tre
sulti
ng in
bet
ter t
ax p
ayer
serv
ices
)
Con
stru
ctio
n of
resi
dent
ial c
ompl
ex
Com
men
cem
ent
of c
onst
ruct
ion
ofth
e offi
ce cu
m re
side
ntia
l bui
ldin
g
Act
ual e
xpen
ditu
re a
s on
31.1
2.20
12is
` 0
.46
cror
e
Rs.2
5.00
cro
re w
ere
appr
oved
in B
Ew
hich
was
red
uced
to
Rs.1
cro
re i
nvi
ew o
f the
pro
gres
s of t
he p
ropo
sal a
tR
E st
age.
T
he p
ropo
sal
is b
eing
exam
ined
.
Con
stru
ctio
n w
ork
is in
pro
gres
s.
30.0
06.
00
26 m
onth
s fr
omth
e da
y of
sanc
tion
orde
r is
rece
ived
.
Outcome Budget 2013-2014
137
Review of Past performance- Scheme-wise Physical Performance
CBDT is engaged in overall administration and collectionof direct taxes. The physical performance of the Income TaxDepartment as a whole in various key areas has been presentedas under:-
i. The collection of direct taxes has more than doubledfrom Rs. 2,30,181 crore in FY 2006-07 to Rs 4,94,799crore (provisional) in FY 2011-12 at an average annualgrowth of 19.16%. In FY 2007-08 the share of directtaxes exceeded the share of indirect taxes for the firsttime contributing around 52.6% of the Central Taxes.This trend has continued since then. During FY 2011-12 the share of Direct Taxes to the Total Central taxesCollection (excluding Taxes on Union Territories) was55.78%.
ii. The Direct Tax-GDP ratio has increased from 5.36%in FY 2006-07 to 5.59% in FY 2011-12. However, thecost of collection measured in terms of totaladministrative cost as compared to the revenuegenerated marginally increased from 0.59% to 0.64%in the period 2006-07 to 2010-11. However, it hasdecreased to 0.60% for FY 2011-12. It is amongst thelowest in the World.
iii. During the FY 2011-12, the department collected Rs.21,882 crore from arrear demand which is 82.8% higherthan the collection of the previous Financial Year. Withrespect to current demand, collection for FY 2011-12dropped from Rs.41,704 crores in FY 2010-11 toRs.33,138 in FY 2011-12.
iv. The TDS administration by the department has beenshowing an impressive performance over the past few
years. For FY 2011-12 total collection from TDS wasRs. 193887 crore (provisional) which is 39.19% of thetotal Direct Taxes Collections. Total collection fromTDS during FY 2010-11 was Rs 168669.69 crore. Thus,the growth in TDS Collection has gone up substantially.
v. E-governance initiatives by the Income Tax Departmenthave resulted in providing some of the best e-deliveryof services by a Government Department to citizen.Facilitating e-filing of returns, e-filing of TDS/TCSreturns, e-payment of taxes, and electronic credit ofrefunds directly to the taxpayer’s bank account are someof the illustrative initiatives that have drawn praise fromall quarters. The Centralized Processing Center (CPC)at Bengaluru has been able to reduce the time taken toprocess Income Tax Returns that were e-filed.Introduction of Refund Banker Scheme has resulted inhuge drop in refund related grievances as refund isissued immediately after being raised. PAN relatedservices have also been outsourced for better taxpayerservices. Stabilization of Form 26AS, that includes thedetail of tax paid by taxpayers, has resulted in fasterprocessing of returns of income. Form 16A is now tobe compulsorily generated online on the basis of theTDS return filed by the deductor. Similarly, from FY2013-14, Form 16 shall also be required to becompulsorily generated online. This will ensure stabilityof data and reduce TDS mismatching. CPC-TDS atGhaziabad is expected to be operational this FinancialYear and will be a major step in boosting the efficiencyof the Income tax Department.
Direct Taxes
138
FIN
AN
CIA
L R
EVIE
WST
ATE
ME
NT
SHO
WIN
G A
CT
UA
L E
XPE
ND
ITU
RE
VIS
-A-V
IS B
E/R
E P
RO
VIS
ION
S FO
R T
HE
YE
AR
S 20
10-1
1, 2
011-
12 A
ND
201
2-13
(` in
cro
re)
Des
crip
tion
2010
-11
2011
-12
2012
-13
Maj
or H
ead
B.E
R.E
.A
ctua
lB
.ER
.E.
Act
ual
B.E
R.E
Act
ual
Up
to31
.12.
12
RE
VE
NU
E S
EC
TIO
NC
olle
ctio
n of
taxe
s on
inco
me
and
expe
nditu
re20
2027
73.8
826
66.9
326
30.5
029
01.4
529
16.7
829
04.4
529
94.4
032
18.9
724
44.3
2C
olle
ctio
n of
Est
ate
Dut
y, Ta
xes o
nW
elat
h an
d G
ift T
ax *
2031
71.1
268
.38
67.4
574
.40
74.7
974
.40
0.00
Col
lect
ion
of T
axes
on
Wea
lth,
Secu
rity T
rans
actio
n Ta
x an
d O
ther
Taxe
s76
.78
82.5
40.
00
TOTA
L R
EV
EN
UE
SE
CT
ION
2845
.00
2735
.31
2697
.95
2975
.85
2991
.57
2978
.85
3071
.18
3301
.51
2444
.32
CA
PITA
L SE
CT
ION
Purc
hase
of r
eady
bui
lt of
fice
buid
ling
4059
1663
.00
1561
.59
1527
.23
877.
7031
7.51
256.
5377
7.48
426.
2041
.65
Purc
hase
of r
eady
bui
ltre
side
ntia
l bu
idlin
g42
1615
.00
47.4
143
.41
27.0
05.
003.
1830
.00
6.00
0.46
Acq
uisi
tion
of im
mov
able
pro
perty
unde
r Inc
ome T
ax A
ct40
751.
001.
001.
651.
001.
701.
291.
801.
800.
65
TOTA
L C
API
TAL
SEC
TIO
N16
79.0
016
10.0
015
72.2
990
5.70
324.
2126
1.00
809.
2843
4.00
42.7
6
GR
AN
D T
OTA
L45
24.0
043
45.3
142
70.2
438
81.5
533
15.7
832
39.8
538
80.4
637
35.5
124
87.0
8
* Es
tate
Dut
y Tax
( Gift
Tax
-abo
lishe
d) m
erge
d w
ith O
ther
Tax
es a
nd is
not
in o
pera
tion
w.e.
f. 1-
4-20
12.
138Outcome Budget 2013-2014
Rev
enue
Sec
tion
Sala
ries
1700
.00
1710
.25
1689
.62
1831
.55
1781
.17
1779
.98
1923
.67
2002
.09
1652
.60
Wag
es18
.00
17.0
016
.72
17.0
017
.00
17.1
718
.36
18.1
513
.38
Ove
rtim
e Allo
wan
ce1.
000.
800.
650.
800.
800.
560.
800.
500.
30
Med
ical
Tre
atm
ent
21.0
021
.00
20.3
522
.00
25.0
023
.36
22.0
021
.00
13.5
8
Dom
estic
Tra
vel E
xpen
ses
35.0
035
.00
35.9
135
.00
45.0
043
.77
40.0
044
.00
30.6
8
Fore
ign
Trav
el E
xpen
ses
1.10
1.10
0.66
1.10
2.10
1.17
2.10
1.80
0.70
Offi
ce E
xpen
ses (
Cha
rged
)0.
020.
000.
000.
000.
000.
000.
000.
000.
00
Offi
ce E
xpen
ses
(Vot
ed)
499.
9845
0.94
464.
4951
3.90
522.
8053
4.83
514.
0051
6.30
354.
95
Rent
Rat
es&
Taxe
s20
0.00
160.
0014
2.77
180.
0014
7.00
116.
6216
0.00
130.
0085
.99
Publ
icat
ions
2.80
2.50
2.38
2.80
2.80
2.74
2.80
2.52
1.62
BCTT
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Oth
er A
dmin
istr
ativ
e Exp
ense
s10
.30
17.4
217
.62
23.3
029
.40
26.2
234
.15
34.3
725
.25
Adv
. & P
ublic
ity40
.00
80.0
078
.36
80.0
010
0.00
78.3
580
.00
79.0
038
.33
Min
or W
orks
9.00
7.50
6.14
8.00
8.00
6.61
8.00
8.00
1.85
Prof
essi
onal
Ser
vice
s23
.00
23.0
021
.98
26.0
030
.00
31.3
26.0
030
.96
16.3
9
Gra
nts-
in-a
id0.
000.
000.
040.
000.
000.
000.
000.
000.
00
Con
tribu
tions
0.30
0.30
0.19
0.40
0.40
0.37
0.40
0.40
0.24
Secr
et S
ervi
ce E
xpen
ses
4.00
4.25
4.54
4.50
5.60
5.55
9.40
8.46
4.03
Oth
er C
harg
es4.
504.
253.
344.
504.
503.
114.
503.
961.
06
Info
rmat
ion
Tech
nolo
gy27
5.00
200.
0019
2.21
225.
0027
0.00
307.
1422
5.00
400.
0020
3.37
TOTA
L R
EV
EN
UE
SE
CT
ION
2845
.00
2735
.31
2697
.97
2975
.85
2991
.57
2978
.85
3071
.18
3301
.51
2444
.32
OB
JEC
T H
EA
D-W
ISE
EX
PEN
DIT
UR
E V
IS-A
-VIS
BE
/RE
FO
R T
HE
YE
AR
S 20
10-1
1, 2
011-
12 A
ND
201
2-13
(` in
cro
re)
Des
crip
tion
2010
-11
2011
-12
2012
-13
B.E
R.E
.A
ctua
lB
.ER
.E.
Act
ual
B.E
R.E
Act
ual
Up
to31
.12.
12
139 Direct Taxes
(` in
cro
re)
Des
crip
tion
2010
-11
2011
-12
2012
-13
B.E
R.E
.A
ctua
lB
.ER
.E.
Act
ual
B.E
R.E
Act
ual
Up
to31
.12.
12
Cap
ital s
ectio
nM
H-4
059
Purc
hase
of r
eady
bui
lt of
fice
buid
ling
1663
.00
1561
.59
1527
.23
877.
7031
7.51
256.
5377
7.48
426.
2041
.65
MH
-421
6 Pu
rcha
se o
f rea
dy b
uilt
resi
dent
ial
buid
ling
15.0
047
.41
43.4
127
.00
5.00
3.18
30.0
06.
000.
46
MH
-407
5 Acq
uisi
tion
of im
mov
able
pro
perty
unde
r Inc
ome T
ax A
ct1.
001.
001.
651.
001.
701.
291.
801.
800.
65
TOTA
L C
API
TAL
SEC
TIO
N16
79.0
016
10.0
015
72.2
990
5.70
324.
2126
1.00
809.
2843
4.00
42.7
6
GR
AN
D T
OTA
L45
24.0
043
45.3
142
70.2
438
81.5
533
15.7
832
39.8
538
80.4
637
35.5
124
87.0
8
140Outcome Budget 2013-2014
Sum
mer
ized
pos
ition
of S
chem
es u
nder
Out
com
e B
udge
t 201
3-14
(` in
cro
re)
Sl.
No.
Sche
me
2010
-11
2011
-12
2012
-13
B.E
R.E
.A
ctua
lB
.ER
.E.
Act
ual
B.E
R.E
Act
ual
Up
to31
.12.
12
141
1Sc
hem
e und
er ‘I
nfor
mat
ion
Tech
nolo
gy’
in re
spec
t of M
ajor
Hea
d 20
20 -
Col
lect
ion
of In
com
e Tax
- N
on-P
lan
275.
0020
0.00
192.
2122
5.00
270.
0030
7.14
225.
0040
0.00
203.
37
2Pu
rcha
se o
f Offi
ce A
ccom
mod
atio
n16
63.0
015
61.5
915
27.2
387
7.70
317.
5125
6.53
777.
4842
6.20
41.6
5
3Pu
rcha
se o
f Rea
dy B
uilt
Flat
s15
.00
47.4
143
.41
27.0
05.
003.
1830
.00
6.00
0.46
TOTA
L19
53.0
018
09.0
017
62.8
511
29.7
059
2.51
566.
8510
32.4
883
2.20
245.
48
Perc
enta
ge w
ith re
fere
nce t
o RE
97.4
595
.67
29.5
0
Direct Taxes
142
Analysis of Expenditure Trends in Grant No. 42 – Direct Taxes
During 2012-13, total expenditure incurred upto 31December 2012 is ` 2487.08 Crore which works out to be64.09% of total BE Provision 2012-13. Out of this, theexpenditure under Revenue Section is` 2444.32 Crore which is 79.59% of BE Provision 2012-13under this section. Provision for ‘Salaries’ is ` 1923.67 croreagainst which the expenditure upto 31 December 2012 is`1652.60 crore. Another major constituent of expenditure underRevenue Section is ‘Office Expenses’ with a BE Provision of` 514.00 Crore against which expenditure incurred upto 31December 2012 is ` 354.95 Crore. Information Technology
(O.E.) is other important constituent for which provision of` 225 crore has been made in B.E. against which the expenditureupto 31 December 2012 is ` 203.37 Crore. Under ‘CapitalSection’, the expenditure upto 31 December 2012 is ` 42.76Crore which works out to be 5.28% of BE Provision under thissection. The Expenditure under ‘Capital Section’ will lookhealthier once a major chunk of ` 300.00 crore provided underthis segment is paid to MCD, Delhi for Civic Center project.The payment will mature in last quarter of the year. Majorconstituents of B.E. 2012-13 are depicted below-
Outcome Budget 2013-2014
: In the view of the current trend of expenditure and also the physical progress of work, the provisions in R.E. 2012-13 has beenkept at ` 3735.51 crore(gross).
The percentage allocation of sanctioned grant under variousobject head is as under
(`in Crores)
PARTICULARS B.E.2012-13 PERCENTAGE
CAPITAL 809.28 20.86
SALARY & WAGES 1942.03 50.05
OFFICE EXPENSES 516.30 13.26
RENT, RATES &
TAXES 160.00 4.12
INFORMATION
TECHNOLOGY 225.00 5.79
OTHERS 227.85 5.92
TOTAL 3880.46 100
143 Direct Taxes
ANNEXUREGrant No.43 – Direct Taxes (Earlier 42)
Statement on Surrender and Savings during the Financial Year 2011-12
During the Financial Year 2011-12 against a budgetary provision of Rs.3897.27 crore including the Supplementary Grantsan expenditure of Rs.3239.85 crore was incurred during the year resulting in a savings of Rs.657.42 crore. These saving are the neteffect of the total savings of Rs.900.62 crore and total excess for Rs.243.20 crore under various sub heads of the Revenue andCapital Section of the Grant.
Major savings have been segregated into the following categories:
i) Normal Savings : Savings resulting from economic use of Resources
(`in Crores)
Sl. No. Sub Head/Scheme/Programme Savings Remarks /Reasons
1 Research,Statistics and Publication 7.06 Less requirement of administrative expenses. Out ofthis Rs.6.24 crore re-appropriated to other heads.
2. Organisation and Management Service 2.26 Less requirement of administrative expenses.3 Intelligence 5.53 Less requirement of administrative expenses . This
amount was re-appropriated to other heads.4. Commissioner and their Offices 238.32 Less requirement of administrative expenses . Out of
this Rs.237.08 crore re-appropriated to other heads.5. Zonal Accounts Offices of PC CA 3.12 Less requirement of administrative expenses.
(ii) Under/Non utilization : Saving due to non-implementation/delay in execution of projects/schemes; and
Sl. No. Sub Head/Scheme/Programme Savings Remarks /Reasons
1 Capital Outlay on Public Works (Office Building) 604.00 Rs 600.00 crore provided in BE for Purchase of Officeaccommodation at Civic Centre, Minto Road, New Delhifor making payment of Final tranche to MCD had to besurrendered in RE considering the stage of completionof the project. Rs.4.00 crore was provided for guesthouse at Golf Links, New Delhi. The project could notbe started as agreement with NBCC could not befinalized.
Capital Outlay on Housing 23.82 Rs.15.00 crore was provided for Construction ofresidential cum office building at Nariman Point ,Mumbai. Rs.8.00 crore was provided for Constructionof residential complex including a community hall atHadapsar, Pune. Both the projects could not be finalized.
(iii) Surrenders : savings due to obsolete/defunct project/scheme or due to completion of a project/scheme and the funds are nomore required.
Sl. No. Sub Head/Scheme/Programme Savings Remarks /Reasons
1 Capital Outlay on Public Works (Office Building) 17.17 Construction and furnishing of Office Building at Saket,New Delhi. The project has been shelved.
Note : This annexure is included in compliance of O.M. No.7(1)-B(AC)/2011 dated 23.03.2012 of Budget Division regarding segregation ofsavings, due to normal Savings, under /non-utilisation & surrender of funds for the financial year 2011-12 as desired by the StandingCommittee on Finance in its 33rd Report.
145 Indirect Taxes
INDIRECT TAXESINTRODUCTION
This Demand deals with the establishments of field
formations under Central Board of Excise & Customs which is
responsible for formulation of policy concerning levy and
collection of Customs and Central Excise duties, Service Tax,
prevention of smuggling and evasion of duties. The assigned
task is done with the help of 94 Commissionerates of Central
Excise, 35 Commissionerates of Customs and 6
Commissionerates of Service Tax. There is Appellate and Tax
Recovery Machinery for performing quasi-judicial task of
deciding appeals against orders passed by the officers lower in
rank than the Commissioner. In its functioning, the Board is
assisted by the following attached/subordinate offices:-
i. Directorate of Central Excise Intelligence
ii. Directorate of Revenue Intelligence
iii. Directorate of Inspection
iv. Directorate of Human Resource Development
v. National Academy of Customs,
Excise and Narcotics
vi. Directorate of Vigilance
vii. Directorate of Systems
viii. Directorate of Data Management
ix. Directorate of Audit
x. Directorate of Safeguards
xi. Directorate of Export Promotion
xii. Directorate of Service Tax
xiii. Directorate of Valuation
xiv. Directorate of Publicity and Public Relations
xv. Directorate of Logistics
xvi. Directorate of Legal Affairs
xvii. Office of Chief Departmental Representative
xviii. Central Revenues Control Laboratory
The Principal Chief Controller of Accounts for CBEC is
responsible for accounting the revenue collections as well as
expenditure incurred by the Department.
The Demand covers provision for a work force of 53,458
officers and staff, of which 30.97% are gazetted officers and
the remaining are non-gazetted employees.
The activities indicating 'outlays' and 'outcomes' for the
financial year 2013-14 are given in the subsequent statement.
147 Indirect Taxes
S. No. 1
1.M
ajor
Hea
d 20
37an
d 20
38 -
Info
rmat
ion
Tech
nolo
gy
Stre
ngth
enin
g of
IT
capa
bilit
y fo
re-
gove
rnan
ce
152.
00N
IL- S
ettin
g up
of a
n A
ll-In
dia
Wid
e Are
a N
etw
ork.
Co
un
try
-wid
eco
nnec
tivi
ty o
f al
lof
fices
und
er C
BEC
to th
e N
atio
nal D
ata
Cen
tre,
B
usin
ess
Con
tinu
ity
and
Dis
aste
r R
ecov
ery
Site
s.
The W
ide A
rea
Net
wor
k(W
AN
) ha
s be
enim
plem
ente
d by
BSN
L at
528
CB
EC
sit
es.
The
impl
emen
tatio
n of
the
WA
N p
roje
ct h
as b
een
com
plet
ed e
xcep
t fo
rsi
tes
faci
ng s
hifti
ng o
rot
her
forc
e m
ajeu
reis
sues
. H
elpd
esks
hav
ebe
en p
rovi
sion
ed f
orad
dres
sing
WA
N is
sues
.A
dditi
onal
loca
tions
are
bein
g br
ough
t und
er th
eW
AN
pro
ject
.
The W
AN
is u
nder
op
era
tio
na
lsu
ppor
t an
dm
ain
ten
ance
.I
nt
er
ne
tba
ndw
idth
at
DC
and
DR
has
been
incr
ease
d to
enab
le f
ilin
g of
Cent
ral E
xcise
and
Serv
ice
Tax
retu
rns w
hich
has
been
m
ade
ma
nd
ato
ry
.D
ed
ic
at
ed
Con
nec
tiv
ity
betw
een
data
Cen
tre
and
Dis
aste
r Rec
over
ySi
te
has
been
prov
isio
ned
toen
sure
fa
ster
repl
icat
ion
of d
ata
to D
R In
crea
se in
band
wid
th
atm
ajor
loca
tions
isbe
ing
prov
isio
ned
to
cate
r to
incr
ease
d dem
and.
STAT
EM
EN
T O
F O
UT
LAY
S A
ND
OU
TC
OM
ES
2013
-14
Nam
e of
the
Sche
me/
Prog
ram
me
2
Obj
ectiv
e/O
utco
me
3
Out
lay
2013
-14
(` In
Cro
re)
44(
i)4(
ii)N
on-
Plan
Plan
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Proj
ecte
dO
utco
mes
6
Proc
esse
s/Ti
mel
ines
7
Rem
arks
/R
iskFa
ctor
s
8
148Outcome Budget 2013-2014
- In
stal
latio
n of
Cen
tral
serv
ers (
hard
war
e, st
orag
ean
d se
curit
y inf
rast
ruct
ure)
i.e. S
yste
ms I
nteg
ratio
n
- Pr
ovis
ion
of l
ocal
are
ane
twor
k to
all d
epar
tmen
tal
user
s
- E
stab
lishm
ent
of D
ata
War
ehou
se
Acq
uiri
ng o
f ne
wge
nera
tion
ser
vers
and
stor
age
equi
pmen
t to
prov
ide
ce
nt
ra
li
ze
dco
mpu
ting
, da
tast
orag
e,
secu
rity
infr
astr
uct
ure
,fa
cilit
ies m
anag
emen
tan
d re
late
dfu
nctio
nalit
ies
to a
llD
epar
tmen
tal
and
exte
rnal
us
ers
acce
ssin
g th
e C
BEC
syst
em. A
ll re
leva
ntap
plic
atio
ns w
ould
be
host
ed
on
the
ce
nt
ra
li
ze
din
frastr
uctu
re.
Prov
ision
of lo
cal a
rea
netw
ork
to
all
Dep
artm
enta
l use
rs.
CBE
C w
ould
bec
ome
a ce
ntra
lize
dre
posi
tory
of
al
lC
usto
ms,
C
entr
alE
xcis
e an
d Se
rvic
e
The
pro
ject
has
bee
nim
plem
ente
d.E
quip
men
t ha
s be
enin
stal
led
and
com
mis
sion
ed
and
Syst
em
Acc
epta
nce
mile
ston
e re
ache
d, i
.e.
appl
icat
ions
for c
usto
ms
and
cent
ral
exci
se a
ndse
rvic
e ta
x ha
ve b
een
porte
d an
d ar
e ru
nnin
gfr
om th
e th
ree
natio
nal
data
cen
tres.
Pers
onne
lha
ve b
een
depl
oyed
for
exte
ndin
g Fa
cili
tyM
anag
emen
t sup
port
for
five
year
s.
Loc
al A
rea
Net
wor
kCo
nnec
tivity
has
alre
ady
been
pro
vide
d to
CBE
Cus
ers
in 1
166
build
ings
wit
h re
quis
ite
ITha
rdw
are
such
as
Thin
Cli
ents
, N
etw
ork
Prin
ters
, Pri
nt S
erve
rs,
and
Scan
ners
etc.
The
pro
ject
has
bee
nim
plem
ente
d an
d is
now
unde
r m
aint
enan
ce.
Var
ious
A
naly
tica
lre
port
s on
Cus
tom
s,
AW
AR
DS
&CE
RTIF
ICAT
IONS
.IS
O
2700
1ce
rtific
atio
n in
Jul
y20
11-T
he
proj
ect
was
cer
tifie
d fo
rco
mpl
ianc
e to
ISO
2700
1 sta
ndar
ds o
fIn
form
ation
Secu
rity
by S
TQC
(a b
ody
unde
r Dep
t. of
IT)
"Sec
urit
y in
e-
go
ve
rn
an
ce
"aw
ard
by D
ata
Secu
rity
Cou
ncil
of In
dia (
DSC
I) in
Dec
embe
r, 20
12.
The L
AN
has
been
impl
emen
ted
and
is u
nder
tech
nica
lsu
ppor
t an
dm
aint
enan
ce.
The
faci
litie
s ar
ebe
ing
enha
nced
tom
eet
the
dem
and
for
addi
tion
alno
des
and
equi
pmen
t suc
h as
line p
rinte
rs.
The
D
ata
War
ehou
se
isun
der
tech
nica
lsu
ppor
t an
dm
aint
enan
ce.
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
149 Indirect Taxes
- A
utom
atio
n of
Cen
tral
Exc
ise
& S
ervi
ce T
ax(A
CES
)
Tax
Dat
a. T
his w
ould
be av
aila
ble t
o al
l use
rgr
oups
ov
er
the
MPL
S ne
twor
k(C
BEC
WA
N)
with
user
fr
iend
lyin
terf
ace,
fo
ran
alyt
ical
rep
ortin
gpu
rpos
es i
nclu
ding
data
min
ing.
Ens
urin
g a
larg
ede
gree
of
tran
spar
ency
an
dre
duce
d int
erfa
ce w
ithC
entr
al E
xcis
e an
dSe
rvic
e Tax
ass
esse
esth
roug
h au
tom
ated
wor
kflo
w
of
all
busi
ness
pro
cess
es.
Cen
tral
E
xcis
e an
dSe
rvic
e Tax
(bot
h re
turn
san
d pa
ymen
ts d
ata)
hav
ebe
en
deve
lope
d an
dho
sted
on
the
ED
Wpo
rtal,
usin
g th
e ' b
est o
fbr
eed'
B
usin
ess
Inte
llig
ence
sof
twar
eto
ols.
Soph
istic
ated
dat
aan
alys
is h
as b
een
take
nup
by
the
stat
isti
cal
serv
ice
cent
re s
et u
p as
part
of th
e DD
W P
roje
ct..
AC
ES
has
been
impl
emen
ted
in a
ll 10
4C
entr
al
Exc
ise
and
Serv
ice
Tax
Com
mis
sione
rate
s.
Ad
dit
ion
al
licen
ces
are
bein
gpr
ocur
ed
for
CBE
C o
ffice
rs fo
rfa
cilit
atin
g ac
cess
to
the
data
War
ehou
se
and
trai
ning
ses
sion
sfo
r fi
eld
form
atio
ns h
ave
been
org
aniz
ed.
Requ
ests
for
dat
afr
om t
he B
oard
,T
RU
and
oth
erof
fice
s ar
e al
sobe
ing
proc
esse
d on
day
to d
ay b
asis
.
The A
CES
pro
ject
has
been
impl
emen
ted
and
is u
nder
tech
nica
lsu
ppor
t an
dm
aint
enan
ce.
Ad
dit
ion
al
func
tiona
litie
s ar
epl
anne
d su
ch a
sde
tail
ed
MIS
Rep
orts
cov
erin
gC
entra
l Exc
ise an
dSe
rvic
e Ta
xR
egis
trat
ion
,Re
turn
s, A
udit
and
Refu
nds.
Furt
her,
the
AC
ES w
ebsi
te
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
150Outcome Budget 2013-2014
The
Gat
eway
pro
ject
aim
s to
li
nk
the
Cus
tom
s co
mm
unity
thro
ugh
a si
ngle
netw
ork.
E-fi
ling
ofC
usto
ms
docu
men
tan
d e-
paym
ent
ofcu
stom
dut
y th
roug
hth
is
proj
ect
has
impr
oved
exc
elle
nce
in C
usto
ms
busi
ness
proc
ess
like
on-li
neas
sess
men
t,
duty
paym
ent
and
clea
ranc
e etc
. The
up
grad
atio
n ex
erci
se fo
rth
e gat
eway
pro
ject
isfo
r de
velo
pmen
t of
capa
bilit
ies t
o ha
ndle
elec
troni
c tra
nsac
tion
in a
con
soli
date
den
viro
nmen
t an
den
hanc
emen
t of
qual
ity
of s
ervi
cede
live
ry
to
the
Cus
tom
s T
radi
ngPa
rtner
s. It
has
also
esta
blis
hed
seam
less
- G
atew
ay P
roje
ct f
orC
usto
ms u
pgra
datio
nM
igra
tion
from
the I
CES
1.0
to t
he u
pgra
ded
vers
ion
of t
he C
usto
ms
EDI
Syst
em (
ICES
1.5
)w
as c
ompl
eted
for a
ll 41
Cus
tom
s lo
cati
ons
inA
pril
2011
. The
upgr
aded
vers
ion
of t
he C
usto
ms
ED
I Sy
stem
(I
CE
S,ve
rsio
n 1.
5) h
as b
een
impl
emen
ted
at
111
Cus
tom
s lo
cati
ons.
ICEG
ATE
for I
CES
1.5
isno
w o
pera
tiona
l at
111
Cus
tom
s loc
atio
ns to
o. It
also
shar
es h
uge
amou
ntof
dat
a w
ith th
e he
lp o
fm
ore t
han
127
mes
sage
s,ex
chan
ged
with
var
ious
trade
par
tner
and
oth
erG
ovt.
agen
cies
.
is
bein
g m
ade
bili
ngua
l an
din
tegr
atio
n of
AC
ES w
ith th
e e-
Biz
pr
ojec
t of
Dep
artm
ent
ofC
omm
erce
an
dIn
dust
ry i
s be
ing
impl
emen
ted.
ICES
1.5
is
now
impl
emen
ted at
111
Custo
ms l
ocat
ions
.N
ew fu
nctio
nalit
ies
incl
uded
in
the
appl
icat
ion
incl
ude
faci
lity
for
onlin
ere
fund
of
serv
ice
tax,
on
line
regi
strat
ion o
f DFI
Alic
ence
s, ce
ntra
lized
bond
man
agem
ent
and
e-pa
ymen
t of
cust
oms
du t
ies
from
any
of
the
auth
oriz
ed ba
nks a
tan
y cu
stom
slo
cati
on.
Oth
erm
odul
es s
uch
asau
tom
atio
n of
prec
ious
ca
rgo,
grea
ter
inte
grat
ion
wit
h A
CE
S an
dR
MS,
and
onl
ine
inte
rface
with
SEZ
are
unde
rde
velo
pmen
t. A
tpr
esen
t 12
7
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
151 Indirect Taxes
data
tra
nsm
issi
onam
ongs
t va
riou
sG
ovt.
Age
ncie
s.
RMS
seek
s to
prov
ide
trade
faci
litat
ion
and
effe
ctiv
e enf
orce
men
t
mes
sage
s ar
eex
chan
ged b
etw
een
cust
oms
and
its
Trad
e Pa
rtne
rsth
roug
h ICE
GAT
E.M
anda
tory
e-
paym
ent
mul
tiple
chal
lan
faci
lity
unde
r ne
w
e-pa
ymen
t ga
tew
ayha
s bee
n in
trodu
ced,
whi
ch h
as b
een
appr
ecia
ted by
trad
ean
d in
dust
ry a
t a
larg
e.
D
ata
trans
miss
ion w
ith e-
PAO
has
alr
eady
been
est
ablis
hed.
Onl
ine t
rans
miss
ion
of d
ocum
ents
and
Lice
nses
un
der
Cha
pter
-3 R
ewar
dSc
hem
e be
twee
nCu
stom
s and
DG
FTis
abou
nt to
star
t. It
is al
so p
ropo
sed
toim
plem
ent
the
rem
aini
ng m
essa
ges
wit
h th
e Tr
ade
Partn
ers f
inal
ized
inco
nsul
tatio
n w
ithth
em. D
iscus
sion
onon
line i
nter
face
with
SEZ
is in
pro
cess
.
A up
grad
ed ve
rsio
nof
R
isk
Ma
na
ge
me
nt
- Se
ttin
g up
of
R
isk
Man
agem
ent S
yste
m(R
MS)
A n
ew v
ersi
on o
f Ri
skM
anag
emen
t Sy
stem
(RM
S 3.
1) c
ompa
tible
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
152Outcome Budget 2013-2014
Syste
m (R
MS
3.1)
com
patib
le w
ith th
eIC
ES 1
.5 v
ersi
onha
s be
enim
plem
ented
and i
sno
w ro
lled o
ut in
79cu
stom
s loc
atio
ns.
It is
plann
ed th
at th
eRM
S w
ill
beim
plem
ente
d at
addit
ional
sites
and t
heex
tent
of
tra
defa
cilit
atio
n be
ing
prov
ided
w
ill
been
hanc
ed. R
MS
for
expo
rt ca
rgo
is als
opla
nned
.
Web
site
for
LTU
has b
een
set u
p.- S
ettin
g up
of a
por
tal f
orLa
rge T
axpa
yer U
nits
(LTU
)to
faci
litat
e tax
pay
ers.
ICE
S de
velo
pmen
t/m
aint
ence
of
ICES
1.0
&1.
5 ve
rsio
ns.
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
thro
ugh
inte
llige
ntin
terd
ictio
n of
onl
yhi
gh r
isk
carg
o fo
rcu
stom
s a
long
with
an an
assu
red c
usto
ms
clea
ranc
e pr
oced
ure
for
spec
ial
clie
nts
havi
ng g
ood
trac
kre
cord
and
who
mee
tsp
ecif
ied
crit
eria
iden
tifi
ed
by
the
Cus
tom
s.
- The
por
tal f
acili
tate
sfo
r tax
pay
ers i
n th
eir
inte
ract
ion
wit
hC
entr
al E
xcis
e &
Serv
ice
Tax
and
Inco
me
Tax/
Corp
orat
e Tax
. The
rew
ill b
e si
ngle
poi
ntin
terfa
ce be
twee
n Ta
xA
dmin
istr
atio
n of
CB
EC
/CB
DT
and
Larg
e Tax
paye
rs.
ICE
S 1.
0 ha
s be
enph
ased
out
and
ICES
1.5
has
been
deve
lope
d an
d ro
lled
out
at 1
09 C
usto
ms
loca
tions
. Pr
ojec
t is
wit
h th
e IC
ES
1.5
vers
ion
has
been
impl
emen
ted.
The n
ew v
ersi
on (R
MS
3.1)
is o
pera
tiona
l in7
9C
usto
ms
loca
tion
sin
clud
ing
the
23lo
cati
ons
whe
re o
ldve
rsio
n (R
MS
2.7)
was
in ex
isten
ce.
- A
n LT
U s
peci
fic
web
site
ha
s be
ende
velo
ped.
Th
e LT
Us
are
curr
entl
yop
erat
iona
l at
Ban
galo
re,
Che
nnai
,D
elhi
and
Mum
bai.
ICE
S 1.
5 is
und
erm
aint
enan
ce.
New
mod
ules
to
enha
nce
func
tiona
litie
s and
mee
tch
ange
s in
polic
ies a
reco
ntin
uous
ly d
evel
oped
153 Indirect Taxes
The
pi
lot
iscu
rren
tly
inm
ain
ten
an
ceph
ase.
____
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
in m
aint
enan
ce p
hase
alon
g w
ith
deve
lopm
ent
ofad
ditio
nal m
odul
es.
Con
duct
ing
As
Isst
udy
of e
xist
ing
ITin
fras
truc
ture
and
proc
esse
s fo
r al
lSt
ates
/UT
CTD
s an
dC
entre
; dev
elop
men
tof
the
Reg
istr
atio
n,Re
turn
s and
Pay
men
tm
odul
es o
f th
e pi
lot
port
al;
DPR
prep
arat
ion
for
GST
roll
out
and
mai
nten
ance
pha
se o
fsi
x m
onth
s fo
r th
ed
ev
el
op
ed
appl
icat
ions
.
Mod
ern
fast
ves
sels
will
stre
ngth
en a
nti-
smug
glin
g ca
pabi
lity
of
Cus
tom
sD
ep
ar
tme
nt.
Impr
oved
co
asta
lse
curi
ty w
ill g
reat
lyhe
lp
in
curb
ing
smug
glin
g of
dang
erou
s/pro
hibi
ted
good
s, pr
even
tion
ofen
viro
nmen
t haz
ards
and
prot
ecti
on o
fen
dang
ered
spec
ies.
and
adde
d to
ICES
1.5
.
Dev
elop
men
t ph
ase
for
the
mod
ules
of t
he p
ilot
porta
l has
end
ed a
nd th
ede
liver
y of
AS
Is re
ports
and
mod
ules
of
the
deve
lopm
ent p
hase
hav
ebe
en
pres
ente
d an
ddi
scus
sed
at v
ario
usfo
rum
s of
Cen
tre
and
Stat
es.
The
or
ders
fo
rpr
ocur
emen
t of C
ateg
ory
I, II
I A a
nd II
I B v
esse
lsnu
mbe
ring
87
w
ere
plac
ed
to
the
Boa
tBu
ilder
s in
the m
onth
of
Mar
ch, 2
007.
Ord
er f
orsu
pply
of
Cat
egor
y II
vess
els
num
beri
ng 2
2w
as p
lace
d w
ith th
e Boa
tB
uild
er i
n D
ecem
ber,
2008
.
In C
ateg
ory-
IIIA
and
IIIB,
all v
esse
ls (3
0 in
III-
Lim
ited
purp
ose
proo
f of
conc
ept/p
ilot
syst
em f
orEs
tabl
ishm
ent o
f Com
mon
Port
al
for
Goo
ds
&Se
rvic
e Tax
(GST
)
In C
ateg
ory-
II a
lso,
all
vess
els
wer
e re
ceiv
ed.
Thi
s co
mpl
etes
th
epr
ocur
emen
t of
all
109
Mar
ine V
esse
ls.
Maj
or H
ead
4047
-Pr
even
tive
Func
tions
-A
cqui
sitio
n of
ship
san
d fle
ets
2.St
reng
then
ing
Ant
i-sm
uggl
ing
capa
bilit
y an
dim
prov
ed co
asta
l sec
urity
17.9
5N
IL
154Outcome Budget 2013-2014
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
Inst
alla
tion
of 3
Mob
ileG
amm
a R
ay S
cann
ers,
plac
emen
t of o
rder
and
start
of c
ivil
cons
truct
ion
for
4Fi
xed
X-R
ay S
cann
ers a
t ato
tal
proj
ect
cost
of
Rs.1
72.9
4 cr
ore (
recu
rrin
g)an
d R
s.18
.61
cror
e pe
ran
num
(non
-rec
urrin
g)
No
n-i
ntr
usi
ve
scan
ning
of
cont
aine
rs
wou
ldst
art
at T
utic
orin
,C
henn
ai an
d K
andl
aPo
rts. F
ixed
scan
ners
wou
ld b
e in
stal
led
atTu
ticor
in,
Che
nnai
,K
andl
a and
Mum
bai
Ports
.T
he
Scan
ning
Syst
ems
will
hel
p in
dete
ctio
n of
lar
ger
num
ber
of c
ases
of
irre
gula
ritie
s. T
his
wil
l al
so r
esul
t in
A an
d 33
in II
I-B)
wer
ede
liver
ed b
y th
e B
oat
build
er b
y Ju
ne, 2
009.
In C
ateg
ory-
I, de
liver
yof
all
24 v
esse
ls w
asco
mpl
eted
by
Aug
ust,
2010
.
In C
ateg
ory-
II, d
eliv
ery
of a
ll 22
ve
ssel
s w
asco
mpl
eted
by
Dec
embe
r, 20
12.
Paym
ent
of c
ost
ofsp
ares
for C
ateg
ory
I &II
ves
sels
as
the
list o
fsp
ares
and
sup
ply
isex
pect
ed to
be f
inal
ized
in th
e nex
t fin
anci
al ye
ar20
13-1
4.
3 m
obile
scan
ners
and
4fix
ed sc
anne
rs ar
e lik
ely
to b
e in
stal
led
in 2
013-
14.
The l
ease
agre
emen
t for
acqu
irin
g la
nd
for
inst
alla
tion
of 3
mob
ilesc
anne
rs a
nd 4
fix
edsc
anne
rs h
ave
been
sign
ed w
ith
the
port
auth
orit
ies.
T
heco
ntra
cts f
or su
pply
and
inst
alla
tion
of a
ll 07
Scan
ners
hav
e be
ensi
gned
wit
h el
igib
le
The
pro
gres
s is
bein
g m
onito
red
byth
e Pr
ojec
tIm
plem
enta
tion
Com
mitt
ee.
Maj
or H
ead
4047
-A
cqui
sitio
n of
Ant
i-sm
uggl
ing
equi
pmen
ts
3.Fa
cilit
ate c
argo
clea
ranc
e,ef
fici
ent
hand
ling
of
incr
ease
d vo
lum
e of
cont
aine
r tra
ffic,
impr
oved
Cus
tom
s co
ntro
l th
roug
hno
n-in
trusiv
e exa
min
atio
n.
82.0
0N
IL
155 Indirect Taxes
12
34
56
78
4(i)
4(ii)
Non
-Pl
anPl
an
bidd
ers.
For c
onstr
uctio
n of
a n
ewof
fice
co
mpl
ex
for
Nat
iona
l A
cade
my
ofC
usto
ms,
E
xcis
e &
Nar
cotic
s (N
AC
EN)
atBa
ngal
ore.
Pur
chas
e of
buil
ding
fr
om
UT
I,M
umba
i, pa
ymen
t of
inre
spec
t of
NBC
C, P
laza
and
purc
hase
of
offic
ebu
ildin
g at
Guw
ahat
i and
for
othe
r sm
all p
ropo
sals
likel
y to
be m
ade.
-Pay
men
t of
sta
mp
duty
and
othe
r ch
arge
s to
be
mad
e to l
ocal
auth
ority
i.e.
Mun
icip
al C
orpo
ratio
n of
Gre
ater
M
umba
i in
resp
ect
of
buil
ding
purc
hase
d fro
m S
peci
fied
Und
erta
king
of U
nit T
rust
of I
ndia
in
Nov
embe
r,20
06 at
Mum
bai.
For
pur
chas
e of
67
flats
at
Nat
iona
l G
ames
Hou
sing
Com
plex
at
Ranc
hi, p
aym
ent
of R
s.12
.04
cror
es m
ade i
n tw
oin
stallm
ents
and
bala
nce
paym
ent o
f Rs.
1.24
cror
ew
ill b
e m
ade
at th
e tim
eof
taki
ng a
s pos
sess
ion.
incr
ease
d re
venu
eco
llec
tion
and
fas
tcl
eara
nce o
f car
go et
c.
The
ava
ilab
ilit
y of
adeq
uate
ow
n of
fice
spac
e w
ould
incr
ease
the
effic
ienc
y of
the
depa
rtmen
t.
The
ava
ilab
ilit
y of
re
si
de
nt
ia
lac
com
mod
atio
n w
illle
ad t
o hi
gher
sta
ffsa
tisfa
ctio
n re
sulti
ngin
en
hanc
edm
otiv
atio
n an
dpr
oduc
tivity
.
Paym
ent
in s
uch
case
s de
pend
s on
vario
us fo
rmal
ities
in
vo
lv
in
gco
nsul
tatio
n w
ithd
if
fe
re
nt
co
nc
er
ne
dau
thor
ities
.
The
deve
lope
r is
to
obta
inoc
cupa
ncy
and
Co
mp
leti
on
Cer
tific
ate.
Maj
or H
ead
4216
-A
cqui
sitio
n of
Resi
dent
ial
Acc
omm
odat
ion
To
mee
t sh
ortf
all
inr
es
id
en
ti
al
acco
mm
odat
ion
1.34
NIL
5.
Maj
or H
ead
4059
-A
cqui
sitio
n of
Offi
ceA
ccom
mod
atio
n
To m
eet s
hortf
all i
n of
fice
acco
mm
odat
ion
47.9
1N
IL4.
The p
urch
ase/
acqu
isitio
nof
offi
ce a
ccom
mod
atio
nw
ill br
idge
the s
hortf
all i
nre
quir
emen
t of
off
ice
spac
e.
The
pu
rcha
se
ofr
es
id
en
ti
al
acco
mm
odat
ion
wil
lbr
idge
the
sho
rtfa
ll in
requ
irem
ent.
Outcome Budget 2013-2014 156
REFORM MEASURES AND POLICY INITIATIVESCENTRAL BOARD OF EXCISE & CUSTOMS
Initiatives on Computerization and Automation
A futuristic and ambitious project of computerisation hasbeen taken up to consolidate the Customs, Excise and ServiceTax Servers, to bring all the system on a single network/platform,to set up a Data Warehouse and Disaster Recovery site and iscurrently under implementation. A Risk Assessment/Managementsoftware has been developed for identification of potential dutyevaders/smugglers and facilitate compliant trade. A RiskManagement Division has been established to give focused andspecified attention to this area.
The above measures, intended to provide benefit to both theDepartment and its clients, are to facilitate the assessment andcollection of duty and to further consolidate the strength ofDepartment in the following ways:
a) Speedier Clearance of Cargo.
b) Reduction in number of stages, transaction time andcosts.
c) E-filing of customs documents through the Gateway,on line assessment, duty payment and clearanceprocedures.
d) E-payment of customs duty through Nationalised bankswith Core Banking Solution.
e) Electronic Credit of drawback into the bank.
f) Interactive voice response systems like tele-enquiry,touch screen kiosks, SMS etc.
g) Encouraging Voluntary Compliance.
h) Simplification of procedures.
i) Synergy between various tax systems.
j) Transparency.
k) Minimization of manual interface.
The consolidation project of computerisation at a cost of` 598.97 crore was cleared by the Cabinet in November, 2007.The contracts for execution of various components of the projectwere given to various vendors and work is in progress.
Large Tax Payers Units (LTUs)
As an important measure for trade facilitation, the conceptof Single Window Service for Large Tax Payers paying exciseduty, income tax/corporate tax and service tax has been initiated.First LTU was operationalised in Bengaluru during 2006-07.Second LTU at Chennai became operational during 2007-08. In2008-09, LTUs were operationalised at Mumbai and Delhi.
Help Centres
The opening of the Help Centres since July 2005 at allCustoms and Central Excise Zones is a pioneering venture inpublic private partnership in the sovereign function of taxcollection. These centres provide an institutional mechanism forsmall tax payers, assessees, importers, exporters and serviceproviders in the form of guidance and education to them.
Container Scanners
With the successful completion of Pilot Project with theinstallation of one Mobile Gamma Ray Container Scanner andone Fixed X-Ray Container Scanner at Jawaharlal Nehru PortTrust (JNPT), Nhava Sheva, Mumbai, a major step was takentowards facilitation of cargo clearance, efficient handling ofincreased volume of container traffic and improved customscontrol through non-intrusive examination. In view ofencouraging results, the procurement process for 3 MobileGamma Ray Scanners and 4 Fixed X-Ray Scanners at othermajor ports at a cost of Rs.172.94 crores (non-recurring) andRs.18.61 crore per annum (recurring) has started afterobtaining Cabinet clearance in October, 2006. Tender foracquisition of 3 Mobile Scanners for installation at Kandla,Chennai and Tuticorin was re-floated in January, 2009 andtender for procurement of 4 Fixed Scanners for installation atKandla, Chennai, Tuticorin and Mumbai were floated inNovember, 2008. Sanction for acquisition of Mobile Scannershas been issued on 6th August, 2010 and for acquisition ofFixed Scanners on 24th September, 2010. The lease agreementfor acquiring land for installation of 3 mobile scanners and 4fixed scanners have been signed with the Port Authorities.The contract for supply and installation of all seven scannershave been signed with the eligible bidders. The three mobilescanners and four fixed scanners are scheduled to be start in2013-14.
Marine Fleet
The strategic importance of Customs Maritime Fleet alongthe Coast as a preventive arm of the Department to protect thecountry's maritime trade and to enforce Import/Export provisionsof Customs Act has been duly acknowledged, especially in viewof the growing threats of smuggling of arms and ammunition forterrorism and anti-national activities and that of narcotics drugs.A review of the existing fleet and future requirements was madeand proposal for replacing outlived, old and dilapidated vesselswith modernized and fast moving vessels in a phased manner ata cost of Rs.277.27 crore was cleared by the Cabinet in February,
157 Indirect Taxes
2007. Under the plan, customs organization was to get 109modern vessels of different categories with the following featuresand purposes:-
Category of Features Purpose
Vessels
Category-I (24 vessels) Speed – 25 knots, Coastal patrolling20M length with and surveillancehigh endurance
Category-II (22 vessels) High Speed-40 knots, Immediate interception12M length with of suspected vesselsless endurance
Category-III-A Speed – 30 knots, Useful in shallow(30 vessels) 9M length with waters, creeks
low endurance and harboursCategory-III-B Speed – 35 knots, Useful in shallow(33 vessels) 6M length with waters, creeks
low endurance and harbours
All vessels in Category-I, Category-II, Category-IIIA andCategory-IIIB have been received and deployed under userCommissionerates to carry out anti smuggling operations.
Utilization of 1% Incremental Revenue as Incentive Provision
In pursuance to Department of Expenditure's guidelines/instructions on expenditure management permitting revenuegenerating departments to prepare scheme to utilize 1% ofincremental revenue to encourage greater efforts at garneringrevenue, enhancing organizational efficiency, infrastructure andwherewithal, CBEC has sanctioned/allocated Rs.160.44 croresupto 31.01.2013 for various purposes viz.:-
Ä Capacity building/improvement of infrastructure inCentral Excise and Customs Ranges.
Ä Capacity building towards training facilities at NACEN.
Ä Capacity building for PAOs.
Ä Provision of Laptops to officers in the field formationstowards improvement in monitoring of tax collection,investigation and intelligence work.
Ä Hiring of vehicles for increasing organisationalefficiency and outdoor preventive activities.
Maj
or H
ead
2037
and
2038
-In
form
atio
nTe
chno
logy
Stre
ngth
enin
g of
IT
capa
bili
ty
for
e-go
vern
ance
150.
0015
0.00
1.T
he e
xpen
ditu
rein
curr
ed du
ring
the
FY 2
011-
12 w
asRs
.144
.31
cror
es.
An
All
Indi
a W
ide
Are
a N
etw
ork
linki
ng o
ver
500
buil
ding
s to
the
Nat
iona
l D
ata
Cen
tre,
D
ata
Rep
licat
ion
and
DR
Site
has
bee
nse
t up
to
lin
kC
BE
C
offi
cers
with
the
nat
iona
lda
ta c
entr
e an
ddi
sast
er r
ecov
ery
site
. T
he
Wid
eA
rea
Net
wor
k(W
AN
) ha
s be
enim
ple
me
nte
dex
cept
for
site
sfa
cing
fo
rce
maj
eure
is
sues
.H
elpd
esks
hav
ebe
en p
rovi
sion
edto
add
ress
use
rco
mpl
aint
s on
MPL
S W
AN
conn
ectiv
ity.
The
Wid
e A
rea
Net
wor
k(W
AN
) ha
s be
enim
plem
ente
d.
Co
un
try
-wid
eco
nnec
tivi
ty o
f al
lof
fices
und
er C
BEC
to th
e N
atio
nal D
ata
Cen
tre,
B
usin
ess
Con
tinu
ity
and
Dis
aste
r R
ecov
ery
Site
s.
- Set
ting
up o
f an
All-
Indi
aW
ide
Are
a N
etw
ork
(WA
N).
Rev
iew
of P
ast P
erfo
rman
ceST
ATU
S O
F O
UTC
OM
E W
ITH
REF
EREN
CE
TO O
UTL
AYS
201
1-12
Out
lay
2011
-12
(` In
Cro
re)
44(
i)4(
ii)BE
RE
Nam
e of t
heSc
hem
e/Pr
ogra
mm
e
2
Obj
ectiv
e/O
utco
me
3
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Proc
esse
s/Ti
mel
ines
6
Risk
Fact
ors
7
Stat
us a
son
31s
t Mar
2012 8
S. No. 1
158Outcome Budget 2013-2014
The
pro
ject
has
been
impl
emen
ted,
i.e. E
quip
men
t has
been
insta
lled
and
com
miss
ione
d an
dSy
stem
Acc
epta
nce
mile
ston
e re
ache
d,i.e
. so
ftw
are
appl
icat
ions
fo
rcu
stom
s and
cent
ral
exci
se a
nd s
ervi
ceta
x ha
ve
been
port
ed
and
are
runn
ing
from
the
thre
e na
tiona
l dat
ace
ntre
s.Pe
rson
nel
have
been
dep
loye
d fo
rex
tend
ing
Faci
lity
Ma
na
ge
me
nt
supp
ort
for
five
year
s.
Ad
dit
ion
al
info
rmat
ion
rela
ted
to th
e pr
ojec
t is
asfo
llow
s:
A
Net
wor
kO
pera
tions
Cen
tre(N
OC)
has b
een
set
up f
or p
rovi
ding
supp
ort
for
appl
icat
ions
use
rsan
d pr
o-ac
tive
mon
itorin
g of
the
infra
struc
ture
.A
hel
pdes
k is
in
oper
atio
n fo
r
The
D
epar
tmen
tw
ould
be
acqu
irin
gne
w
gene
rati
onse
rver
s an
d st
orag
eeq
uipm
ent t
o pr
ovid
ec
en
tr
al
iz
ed
com
puti
ng,
data
stor
age,
se
curi
tyin
fras
tru
ctu
re,
faci
litie
s man
agem
ent
and
rela
ted
func
tiona
litie
s to
all
Dep
artm
enta
l an
dex
tern
al
user
sac
cess
ing
the
CB
ECsy
stem
. All
rele
vant
appl
icat
ions
wou
ld b
eho
sted
on
th
ec
en
tr
al
iz
ed
infra
stru
ctur
e.
4(i)
4(ii)
BER
E
12
34
56
78
Indirect Taxes159
The
pro
ject
has
bee
nim
plem
ente
d.
Equ
ipm
ent
has
been
inst
alle
d an
dco
mm
issi
oned
an
dSy
stem
A
ccep
tanc
em
ilest
one
reac
hed,
i.e
.so
ftwar
e ap
plic
atio
ns fo
rcu
stom
s an
d ce
ntra
lex
cise
and
ser
vice
tax
have
bee
n po
rted
and
are
runn
ing
from
the
thr
eena
tiona
l dat
a ce
ntre
s.Pe
rson
nel
have
bee
nde
ploy
ed f
or e
xten
ding
Faci
lity
M
anag
emen
tsu
ppor
t for
five
yea
rs.
- In
stal
latio
n of
Cen
tral
serv
ers (
hard
war
e, st
orag
ean
d sec
urity
infra
struc
ture
)i.e
. Sys
tem
s In
tegr
atio
n
160Outcome Budget 2013-2014
4(i)
4(ii)
BER
E
12
34
56
78
- Pr
ovis
ion
of l
ocal
are
ane
twor
k (L
AN
) to
all
depa
rtmen
tal u
sers
Prov
isio
n of
loc
alar
ea n
etw
ork
to a
llD
epar
tmen
tal u
sers
.
Loca
l A
rea
Net
wor
kC
onne
ctiv
ity h
as a
lread
ybe
en p
rovi
ded
to C
BEC
user
s in
116
6 bu
ildin
gsw
ith
requ
isit
e IT
hard
war
e su
ch a
s Th
inC
lien
ts,
Net
wor
kPr
inte
rs,
Prin
t Se
rver
s,an
d Sc
anne
rs e
tc.
infr
astru
ctur
e an
da
pp
lic
ati
on
ssu
ppor
t fo
rop
erat
ions
an
dre
solu
tion
of t
heen
d us
er p
robl
ems.
A S
ingl
e Si
gn-o
n(S
SO)
appl
icat
ion
has
al
so b
een
conf
igur
ed
and
roll
ed
out
for
prov
idin
g po
licy
base
d ac
cess
for
CBE
C's
offic
ers
tod
if
fe
re
nt
appl
icat
ions
. SS
Oid
s ha
ve
been
crea
ted
for
abou
t19
,000
offi
cers
.T
he
mai
lm
essa
ging
solu
tion
has
been
m
ade
onlin
e fr
om D
ata
Cen
ter
to p
rovi
deof
fici
al
mai
lac
coun
ts t
o ab
out
20,0
00 o
ffice
rs.
Loca
l Are
a N
etwor
kC
onne
ctiv
ity
has
alre
ady
been
prov
ided
to C
BEC
user
s in
abo
ut 1
180
build
ings
w
ithre
quisi
te IT
hard
ware
such
as T
hin C
lient
s,N
etw
ork
Prin
ters
,
161 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
- E
stab
lishm
ent
of D
ata
war
ehou
se.
CBEC
wou
ld b
ecom
ea c
entra
lized
repo
sitor
yof
all C
usto
ms,
Cen
tral
Excis
e and
Ser
vice
Tax
Dat
a. T
his
wou
ld b
eav
aila
ble
to a
ll us
ergr
oups
over
the M
PLS
netw
ork
(CB
EC
WA
N)
w
ith
user
frien
dly
inte
rface
, for
anal
ytic
al r
epor
ting
purp
oses
inc
ludi
ngda
ta m
inin
g.
The
data
war
ehou
se h
asbe
en im
plem
ente
d.
Prin
t Ser
vers
, and
Scan
ners
etc.
Usin
gLA
N,
the
Com
miss
ione
rate
s,C
usto
ms
Hou
ses,
Dir
ecto
rate
s,D
ivis
ions
, IC
Ds,
Land
C
usto
ms
Stat
ions
an
d th
eC
entra
l Ex
cise
/Se
rvice
Tax
Ran
ges
are
able
to s
ecur
elyco
nnec
t/acc
ess
the
cent
ral
com
putin
gfac
ility.
With
this
the
LAN
Proje
ct ha
s bee
nco
mpl
eted e
xcep
t for
sites
facin
g shi
fting
orot
her
forc
e m
ajeu
reis
sues
. H
elpd
esks
have
be
enpr
ovis
ione
d to
addr
ess
user
com
plain
ts on
LA
Niss
ues.
CBE
C's
Ente
rpris
eD
W
calle
dSm
artV
iew
ha
sbe
en r
olle
d ou
t for
Dep
artm
enta
l use
rsan
d co
mpr
ehen
sive
end-
use t
rain
ing h
asbe
en im
parte
d to
ala
rge
num
ber
ofof
ficer
s. (T
his
has
enab
led,
for t
he fi
rst
time,
a 3
60 d
egre
evi
ew
of
the
162Outcome Budget 2013-2014
4(i)
4(ii)
BER
E
12
34
56
78
taxp
ayer
ac
ross
Cus
tom
s, C
entr
alEx
cise
& S
ervi
ceTa
x. S
mar
t V
iew
has a
use
r - fr
iend
lyin
terf
ace
for
acce
ssin
g pr
e-de
fined
repo
rts an
dm
ulti
- dim
ensio
nal
anal
ysis,
alon
g with
an a
d-ho
c qu
ery
faci
lity.
It al
so h
asda
ta m
inin
g an
dte
xt
min
ing
capa
bilit
ies,
whi
char
e be
ing
used
to
assi
st
RM
D
inpr
ofili
ng e
ntiti
esin
volv
ed in
Impo
rtan
d E
xpor
t.Fu
rthe
r, th
e D
ata
War
ehou
se is
als
oca
teri
ng t
o da
tare
ques
t fr
omag
enci
es o
utsi
deC
BE
C (
such
as
Min
istr
y of
Com
mer
ce
and
Indu
stry
, C
AG,
Co
mp
eti
tio
nC
omm
issio
n et
c).
Aro
und
75C
usto
ms,
Cen
tral
Exci
se an
d Se
rvic
eTa
x pr
e-de
fine
dre
ports
hav
e be
ende
velo
ped
so fa
r in
the
Dat
a
163 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
War
ehou
se b
ased
on r
equi
rem
ents
take
n fro
m v
ario
usfi
eld
offi
ces,
Dire
ctor
ates
(su
chas
DR
I, D
GoV
,D
GC
EI)
, T
RU
,B
oard
etc
. The
sere
port
s ar
eav
aila
ble t
o the
user
thro
ugh
CB
EC
sap
pli
cati
on
s'in
terf
ace
wit
h a
clic
k of
the
mou
se.
Add
ition
ally
, th
eTA
X 3
60 p
roje
ctha
s be
enim
plem
ente
d as
an
exte
nsio
n of
CB
EC
's D
ata
war
ehou
se p
roje
ct.
It en
able
s Sea
mle
ssD
ata
Exc
hang
ebe
twee
n C
BEC
,C
BD
T
and
the
Sale
s Ta
xA
dmin
istra
tion
ofth
e St
ate
ofM
ahar
asht
ra, a
ndal
low
s a 36
0 de
gree
view
of a
taxp
ayer
acro
ss In
com
e Tax
,Se
rvice
Tax,
Cen
tral
Exc
ise,
Cus
tom
san
d St
ate
VAT
.O
ther
Sta
tes s
uch a
sG
ujar
at h
ave
sent
requ
ests
fo
rim
plem
enta
tion
ofsim
ilar p
roje
cts
for
thei
r Sta
tes.
164Outcome Budget 2013-2014
4(i)
4(ii)
BER
E
12
34
56
78
All
Indi
a ro
ll ou
t of
AC
ES
wit
h al
lm
odul
es
was
com
plet
ed
on23
.12.
2009
in
all
10
4C
omm
issi
oner
ates
of C
entr
al E
xcis
ean
d Se
rvic
e Tax
.
Mig
ratio
n of
the
Cus
tom
s E
DI
Syst
em
to
the
upgr
aded
ver
sion
(ICES
1.5
) has
bee
nco
mpl
eted
.T
he
upgr
aded
vers
ion
of
the
Cus
tom
s E
DI
Syst
em
(IC
ES,
vers
ion
1.5)
has
been
impl
emen
ted
at 1
03 C
usto
ms
loca
tions
.
With
the
mig
ratio
nof
IC
ES
from
vers
ion
1.0
tove
rsio
n 1.
5, a
new
vers
ion
of
Ris
kM
an
ag
em
en
tSy
stem
(R
MS
3.1)
AC
ES
has
been
impl
emen
ted
in a
ll 10
4C
entr
al
Exc
ise
and
Serv
ice
Tax
Com
mis
sione
rate
s.
The u
pgra
ded
vers
ion
ofth
e C
usto
ms
ED
ISy
stem
(IC
ES, v
ersi
on1.
5)
has
been
impl
emen
ted
at 1
03C
usto
ms l
ocat
ions
.
A n
ew v
ersi
on o
f R
isk
Man
agem
ent
Syst
em(R
MS
3.1)
com
patib
lew
ith
the
ICE
S 1.
5ve
rsio
n ha
s be
enim
plem
ente
d.
Ensu
ring
a la
rge
degr
eeof
tr
ansp
aren
cy
and
redu
ced
inte
rfac
e w
ithC
entr
al
Exc
ise
and
Serv
ice
Tax
asse
sses
thro
ugh
auto
mat
edw
orkf
low
of a
ll bu
sine
sspr
oces
ses.
The
Gat
eway
pro
ject
aim
s to
link
the
Cus
tom
sco
mm
unity
th
roug
h a
sing
le n
etw
ork.
E-f
iling
of C
usto
ms
docu
men
tth
roug
h th
is p
roje
ct h
asim
prov
ed
on-l
ine
asse
ssm
ent,
duty
paym
ent
and
clea
ranc
epr
oced
ure.
T
heup
grad
atio
n ex
erci
se fo
rth
e gat
eway
pro
ject
is fo
rde
velo
pmen
t of
capa
bili
ties
to h
andl
eel
ectro
nic t
rans
actio
n in
ac
on
so
li
da
te
den
viro
nmen
t an
den
hanc
emen
t of
qua
lity
of se
rvic
e de
liver
y to
the
Cus
tom
s Tr
adin
gPa
rtner
s.
RM
S se
eks
to p
rovi
detr
ade
faci
lita
tion
and
effe
ctiv
e en
forc
emen
tth
roug
h in
tell
igen
tin
terd
ictio
n of
onl
y hi
ghri
sk c
argo
for
cus
tom
sal
ong
with
an
an a
ssur
ed
-Aut
omat
ion o
f Cen
tral
Exci
se &
Ser
vice
Tax
(AC
ES)
- G
atew
ay P
roje
ct f
orC
usto
ms u
pgra
datio
n
- Se
tting
up
of R
isk
Man
agem
ent S
yste
m(R
MS)
165 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
com
patib
le w
ith th
eIC
ES 1
.5 v
ersi
onha
s be
enim
plem
ente
d.
The
new
ver
sion
(RM
S 3.
1)
isop
erat
iona
l in
69
Cus
tom
s lo
catio
nsin
clud
ing
the
23lo
catio
ns w
here
old
vers
ion
(RM
S 2.
7)w
as in
exi
stenc
e.
Web
site
for
LT
Uha
s be
en s
et u
p.LT
Us
are
curr
ently
oper
atio
nal
atB
an
ga
lor
e,
Che
nnai
, Del
hi a
ndM
umba
i.
The
or
ders
fo
rpr
ocur
emen
t of
Cate
gory
I, II
I A an
dII
I B
ve
ssel
snu
mbe
ring
87 w
ere
plac
ed to
the
Boa
tB
uild
ers
in
the
mon
th o
f M
arch
,20
07.
Ord
er f
orsu
pply
of C
ateg
ory
II
vess
els
num
berin
g 22
was
plac
ed w
ith th
e Boa
t
The n
ew v
ersi
on (R
MS
3.1)
is o
pera
tiona
l in
69C
usto
ms
loca
tion
sin
clud
ing
the
23lo
cati
ons
whe
re o
ldve
rsio
n (R
MS
2.7)
was
in e
xist
ence
.
------
cust
oms
clea
ranc
epr
oced
ure
for s
peci
alcl
ient
s ha
ving
goo
dtra
ck re
cord
and
who
mee
t sp
ecif
ied
crite
ria id
entif
ied
byth
e C
usto
ms.
- A
n LT
U s
peci
fic
web
site
has
bee
nde
velo
ped.
The
LTU
s ar
e cu
rren
tlyop
erat
iona
l at
Ban
galo
re, C
henn
ai,
Del
hi a
nd M
umba
i.O
ther
LTU
at K
olka
tais
pl
anne
d to
be
op
erat
ion
alis
eddu
ring
2010
.
Mod
ern
fast
ves
sels
will
stre
ngth
en a
nti-
smug
glin
g ca
pabi
lity
of
Cus
tom
sD
ep
ar
tme
nt.
Impr
oved
co
asta
lse
curi
ty w
ill g
reat
lyhe
lp
in
curb
ing
smug
glin
g of
dang
erou
s/pr
ohib
ited
good
s, pr
even
tion
ofen
viro
nmen
t haz
ards
and
prot
ecti
on o
fen
dang
ered
spec
ies.
- Set
ting
up o
f a p
orta
l for
Larg
e Ta
xpay
er
Uni
ts(L
TU
) to
fac
ilit
ate
tax
paye
rs.
In C
ateg
ory-
II, 0
8 ve
ssel
sar
e ex
pect
ed
to
bede
live
red
to
the
Dep
artm
ent d
urin
g 20
11-
12.
Maj
or H
ead
4047
-Pr
even
tive
Func
tions
-A
cqui
sitio
n of
ship
s and
flee
ts
Stre
ngth
enin
g A
nti-
smug
glin
g ca
pabi
lity
and
impr
oved
coa
stal
sec
urity
13.5
038
.27
2.
166Outcome Budget 2013-2014
4(i)
4(ii)
BER
E
12
34
56
78
Bui
lder
in
Dec
embe
r, 20
08.
In C
ateg
ory-
IIIA
and
IIIB
, all
vess
els
(30
in II
I-A
and
33
in
III-
B)
wer
ede
live
red
by t
heB
oat
buil
der
byJu
ne, 2
009.
In
Cat
egor
y-I,
deliv
ery
of a
ll 24
vess
els
was
com
plet
ed
byA
ugus
t, 20
10.
In C
ateg
ory-
II, a
ll22
ves
sels
hav
ebe
en r
ecei
ved
byD
ecem
ber,
2012
The
cont
ract
s of
insta
llatio
n of
fixe
dx-
ray
scan
ners
at
Che
nnai
an
dTu
ticor
in h
ave
been
signe
d. P
rogr
ess
ofth
e pr
ojec
t dep
ends
on ac
quisi
tion o
f land
from
th
e Po
rtau
thor
ities
an
dtim
ely ap
prov
al fro
msta
tuto
ry a
utho
rities
.Th
e pro
gres
s is b
eing
mon
itore
d by
the
Pr
oj
ec
tIm
plem
enta
tion
Com
mitt
ee.
3 m
obile
sca
nner
s an
d 4
fixed
scan
ners
are l
ikel
y to
be i
nsta
lled
in 2
011-
12an
d 201
2-13
resp
ectiv
ely.
Sanc
tions
for
aw
ard
ofco
ntra
ct
to
elig
ible
bidd
ers
have
bee
n is
sued
on 6
th A
ugus
t, 20
10 i
nre
spec
t of m
obile
scan
ners
and
on 2
4th
Sept
embe
r,20
10 i
n re
spec
t of
fix
edsc
anne
rs.
Supp
ly o
rder
sha
ve n
ot b
een
plac
ed w
ithth
e se
lect
ed b
idde
rs a
sla
nd f
or i
nsta
llatio
n of
Non
-intru
sive
sca
nnin
gof
cont
aine
rs w
ould
star
tat
Tut
icor
in,
Che
nnai
and
Kan
dla
Ports
. Fix
edsc
anne
rs
wou
ld
bein
stal
led
at T
utic
orin
,C
henn
ai,
Kan
dla
and
Mum
bai P
orts.
The
Scan
ning
Sys
tem
sw
ill h
elp
in d
etec
tion
ofla
rger
num
ber
of c
ases
of i
rreg
ular
ities
. Th
isw
ill
also
re
sult
in
incr
ease
d re
venu
eco
llec
tion
an
d fa
stcl
eara
nce
of c
argo
etc
.
Inst
alla
tion
of
3
Mob
ile G
amm
a R
aySc
anne
rs, p
lace
men
tof
ord
er a
nd s
tart
ofci
vil c
onst
ruct
ion
for
4 Fi
xed
X-R
aySc
anne
rs a
t a
tota
lpr
ojec
t co
st
ofR
s.17
2.94
cr
ore
(rec
urri
ng)
and
Rs.
18.6
1 cr
ore
per
annu
m
(non
-re
curr
ing)
Maj
or H
ead
4047
-A
cqui
sitio
n of
Ant
i-sm
uggl
ing
equi
pmen
ts
Faci
litat
e car
go cl
eara
nce,
effi
cien
t ha
ndli
ng
ofin
crea
sed
volu
me
ofco
ntai
ner t
raffi
c, im
prov
edC
usto
ms
cont
rol
thro
ugh
non-
intru
sive e
xam
inat
ion.
70.0
043
.65
3.
167 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
For
purc
hase
of
offic
e sp
ace
from
NB
CC
in
N
ewD
elhi
for
use
by
CBEC
, an a
dvan
cepa
ymen
t of
Rs.3
0.00
cror
e was
mad
e in
Mar
ch,
2008
.
Part
paym
ent
ofR
s.7.9
5 cr
ore
was
also
m
ade
toN
BC
C
up
toM
arch
, 20
10 o
nco
mpl
etio
n of 7
5%of
inte
rior w
ork
inth
e of
fice
spac
e.O
ther
pay
men
t has
not b
een
mad
e as
the
com
plet
ion
certi
ficat
e ha
s no
tbe
en o
btai
ned
byth
e N
BC
C w
hich
is n
eces
sary
for
exec
utio
n of
su
bl
ea
se
ag
re
em
en
tbe
twee
n N
BC
Can
d C
BEC
.
Paym
ent o
f sta
mp
duty
and
oth
er
The
pur
chas
e of
off
ice
acco
mm
odat
ion
wil
lbr
idge
the
sho
rtfa
ll i
nre
quir
emen
t of
of
fice
spac
e.
scan
ners
is
yet
to b
eha
nded
ov
er
to
the
Cus
tom
s D
epar
tmen
t by
the
conc
erne
d Po
rtA
utho
ritie
s.
Paym
ent
in s
uch
case
sde
pend
s on
va
riou
sfo
rmal
itie
s in
volv
ing
cons
ulta
tion
w
ith
diff
eren
t co
ncer
ned
auth
oriti
es.
-Fur
ther
pay
men
t in
resp
ect
of
offi
cesp
ace
in
NB
CC
build
ing,
Sak
et, N
ewD
elhi
pur
chas
ed i
nM
arch
, 200
8.
-Pay
men
t of
sta
mp
duty
an
d ot
her
char
ges t
o be
mad
e to
loca
l au
thor
ity i
.e.
Mum
bai
Mun
icip
alC
orpo
rati
on
inre
spec
t of
bui
ldin
gpu
rcha
sed
from
Sp
ec
if
ie
dU
nder
taki
ng o
f U
nit
Trus
t of
Ind
ia i
nN
ovem
ber,
2006
at
Mum
bai.
-Pay
men
t fo
rpu
rcha
se o
f of
fice
acco
mm
odat
ion
atC
henn
ai
from
TNSC
B, p
urch
ase
ofof
fice
spac
e fo
r LT
Uat
Kol
kata
and
for
othe
r sm
all p
ropo
sals
likel
y to
be
mad
e.
Maj
or H
ead
4059
-A
cqui
sitio
n of
Offi
ceA
ccom
mod
atio
n
To m
eet s
hortf
all i
n O
ffice
Acc
omm
odat
ion
40.0
07.
004.
168Outcome Budget 2013-2014
4(i)
4(ii)
BER
E
12
34
56
78
char
ges
in r
espe
ctof
bu
ildi
ngpu
rcha
sed
from
SUU
TI at
Mum
bai
paya
ble
to l
ocal
auth
orit
y i.
e.M
un
ic
ip
al
Cor
pora
tion
of
Gre
ater
Mum
bai i
sst
ill
pend
ing
asdi
sput
e re
gard
ing
rate
of s
tam
p du
tyis
yet
to b
e se
ttled
.O
ther
pro
posa
ls fo
rpu
rcha
se o
f of
fice
acco
mm
odati
on fr
omTN
SCB
at C
henn
aian
d of
fice
spac
e fo
rLT
U, K
olka
ta h
ave
been
dro
pped
.
For
purc
hase
of 6
7fla
ts a
t N
atio
nal
Gam
es
Hou
sing
Com
plex
at R
anch
i,pa
ymen
t of R
s.12.
04cr
ore
was
mad
e in
two
inst
alm
ents
.Ba
lanc
e pa
ymen
t of
Rs.1
.24 c
rore
wou
ldbe
mad
e at
the
time
of ta
king
poss
essio
n.Pr
opos
al fo
r pur
chas
eof
re
side
ntia
lac
com
mod
atio
n at
Shill
ong h
as no
t bee
nfin
alise
d.A
gain
st
RE
ofR
s.4.
00 c
rore
, the
actu
al e
xpen
ditu
rew
as R
s.0.8
2 cr
ore.
The
pr
opos
als
invo
lve
obta
inin
gcl
eara
nce
from
CPW
D,
Min
istr
y of
Urb
an D
evel
opm
ent,
SFC
et
c.
afte
rfo
llow
ing
the
due
proc
edur
e pre
scrib
edin
GFR
s.
The
pu
rcha
se
ofr
es
id
en
ti
al
acco
mm
odat
ion
wil
lbr
idge
the
sho
rtfa
ll in
requ
irem
ent.
Paym
ent
for
purc
hase
of
resi
dent
ial
prem
ises
at
Shil
long
an
d ot
her
paym
ents
in
resp
ect
ofot
her
ongo
ing
proj
ects
likel
y to
be
mad
e.
Maj
or H
ead
4216
-A
cqui
sitio
n of
Res
iden
tial
Acc
omm
odat
ion
To
mee
t sh
ortf
all
inr
es
id
en
ti
al
acco
mm
odat
ion
4.00
4.00
5.
169 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
Maj
or H
ead
2037
and
2038
-In
form
atio
nTe
chno
logy
Stre
ngth
enin
g of
IT
capa
bili
ty
for
e-go
vern
ance
150.
0017
8.00
Aga
inst
R
E
ofR
s.17
8.00
cro
re,
the e
xpen
ditu
re u
pto
Dec
embe
r, 20
12is
Rs.7
7.21
cro
re.
The W
AN
is u
nder
op
era
tio
na
lsu
ppor
t an
dm
aint
enan
ce.
Incr
ease
in
band
wid
th is
bein
gpr
ovis
ione
d to
cate
r to
inc
reas
edde
man
d. P
rovi
sion
of
inte
rnet
band
wid
th
ispl
anne
d to
ena
ble
filin
g of
Cen
tral
Exci
se an
d Se
rvic
eTa
x re
turn
s whi
chha
s be
en m
ade
man
dato
ry.
Al
te
rn
at
eco
nn
ecti
vit
ybe
twee
n da
taC
entr
e an
dD
isaste
r Re
cove
rySi
te
is
bein
gpr
ovid
ed to
ens
ure
redu
ndan
cy.
The W
ide A
rea
Net
wor
k(W
AN
) ha
s be
enim
plem
ente
d.
Co
un
try
-wid
eco
nnec
tivi
ty o
f al
lof
fices
und
er C
BEC
to th
e N
atio
nal D
ata
Cen
tre,
B
usin
ess
Con
tinu
ity
and
Dis
aste
r R
ecov
ery
Site
s.
- Set
ting
up o
f an
All-
Indi
aW
ide A
rea
Net
wor
k.
STAT
US
OF
OU
TC
OM
E W
ITH
RE
FER
EN
CE
TO
OU
TL
AYS
2012
-13
Out
lay
2012
-13
(` In
Cro
re)
44(
i)4(
ii)BE
RE
Nam
e of
the
Sche
me/
Prog
ram
me
2
Obj
ectiv
e/O
utco
me
3
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
Proc
esse
s/Ti
mel
ines
6
Risk
Fact
ors
7
Stat
us a
son
31s
t Dec
2012 8
S. No. 1 1.
4(i)
4(ii)
BER
E
12
34
56
78
170Outcome Budget 2013-2014
The
pro
ject
has
been
im
plem
ente
dan
d is
un
der
Fa
ci
li
ti
es
Man
agem
ent.
The L
AN
has
bee
nim
plem
ente
d and
isun
der
tech
nica
lsu
ppor
t an
dm
aint
enan
ce.
The
faci
litie
s ar
ebe
ing
enha
nced
tom
eet
the
dem
and
for
addi
tion
alno
des
and
equi
pmen
t suc
h as
line p
rinte
rs.
The
D
ata
War
ehou
se is
unde
rte
chni
cal
supp
ort
and
mai
nten
ance
.A
dditi
onal
lice
nces
Acq
uiri
ng o
f ne
wge
nera
tion
ser
vers
and
stor
age
equi
pmen
t to
prov
ide
ce
nt
ra
li
ze
dco
mpu
ting
, da
tast
orag
e,
secu
rity
infr
astr
uct
ure
,fa
cilit
ies m
anag
emen
tan
d re
late
dfu
nctio
nalit
ies
to a
llD
epar
tmen
tal
and
exte
rnal
us
ers
acce
ssin
g th
e C
BEC
syst
em. A
ll re
leva
ntap
plic
atio
ns w
ould
be
host
ed
on
the
ce
nt
ra
li
ze
din
frastr
uctu
re.
Prov
isio
n of
loc
alar
ea n
etw
ork
to a
llD
epar
tmen
tal u
sers
.
CBE
C w
ould
bec
ome
a ce
ntra
lize
dre
posi
tory
of
al
lC
usto
ms,
C
entr
alEx
cise
and
Ser
vice
Tax
Dat
a. T
his w
ould
- In
stal
latio
n of
Cen
tral
serv
ers (
hard
war
e, st
orag
ean
d sec
urity
infra
struc
ture
)i.e
. Sys
tem
s Int
egra
tion
- Pr
ovis
ion
of l
ocal
are
ane
twor
k to a
ll de
partm
enta
lus
ers
- Es
tabl
ishm
ent
of D
ata
War
ehou
se
The
pro
ject
has
bee
nim
plem
ente
d.E
quip
men
t ha
s be
enin
stal
led
and
com
mis
sion
ed
and
Syst
em
Acc
epta
nce
mile
ston
e re
ache
d, i
.e.
appl
icat
ions
for c
usto
ms
and
cent
ral
exci
se a
ndse
rvic
e ta
x ha
ve b
een
porte
d an
d ar
e ru
nnin
gfr
om th
e th
ree
natio
nal
data
cen
tres.
Pers
onne
lha
ve b
een
depl
oyed
for
exte
ndin
g Fa
cili
tyM
anag
emen
t sup
port
for
five
year
s.
Loc
al A
rea
Net
wor
kCo
nnec
tivity
has
alre
ady
been
pro
vide
d to
CBE
Cus
ers
in 1
166
build
ings
wit
h re
quis
ite
ITha
rdw
are
such
as
Thin
Cli
ents
, N
etw
ork
Prin
ters
, Prin
t Se
rver
s,an
d Sc
anne
rs et
c.
The D
ata W
areh
ouse
has
been
impl
emen
ted.
171 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
- A
utom
atio
n of
Cen
tral
Exc
ise
& S
ervi
ce T
ax(A
CES
)
be av
aila
ble t
o al
l use
rgr
oups
ov
er
the
MPL
S ne
twor
k(C
BEC
WA
N)
with
user
fr
iend
lyin
terf
ace,
fo
ran
alyt
ical
rep
ortin
gpu
rpos
es i
nclu
ding
data
min
ing.
Ens
urin
g a
larg
ede
gree
of
tran
spar
ency
an
dre
duce
d in
terf
ace
with
Cen
tral
Exci
sean
d Se
rvic
e Ta
xas
sess
ees
thro
ugh
auto
mat
ed w
orkf
low
of
all
busi
ness
proc
esse
s.
AC
ES
has
been
impl
emen
ted
in a
ll 10
4C
entr
al
Exc
ise
and
Serv
ice
Tax
Com
mis
sione
rate
s.
are b
eing
pro
cure
dfo
r C
BEC
offic
ers
for
faci
lita
ting
acce
ss t
o th
e da
taW
areh
ouse
. I
t is
plan
ned
that
the
TAX
360
pilo
tp
ro
je
ct
impl
emen
ted
for
Seam
less
D
ata
Exch
ange
bet
wee
nC
BEC,
CBD
T an
dth
e Sa
les
Tax
Adm
inis
tratio
n of
the
Stat
e of
Mah
aras
htra
sha
llbe
ex
tend
ed
toot
her S
tate
s.
The
AC
ES p
roje
ctha
s be
enim
plem
ented
and i
sun
der
tech
nica
lsu
ppor
t an
dm
aint
enan
ce.
Ad
dit
ion
al
func
tiona
litie
s ar
epl
anne
d su
ch a
sde
tail
ed
MIS
Rep
orts
cov
erin
gCe
ntra
l Exc
ise an
dSe
rvic
e Ta
xR
egis
trat
ion
,Re
turn
s, A
udit
and
Refu
nds.
Fur
ther
,th
e A
CES
web
site
is
bein
g m
ade
4(i)
4(ii)
BER
E
12
34
56
78
172Outcome Budget 2013-2014
The
Gat
eway
pro
ject
aim
s to
li
nk
the
Cus
tom
s co
mm
unity
thro
ugh
a si
ngle
netw
ork.
E-f
iling
of
Cus
tom
s do
cum
ent
thro
ugh
this
pro
ject
has i
mpr
oved
on-
line
asse
ssm
ent,
du
typa
ymen
t an
dcl
eara
nce
proc
edur
e.T
he u
p gr
adat
ion
exer
cise
fo
r th
ega
tew
ay p
roje
ct is
for
deve
lopm
ent
ofca
pabi
litie
s to
hand
leel
ectro
nic t
rans
actio
nin
a c
onso
lida
ted
envi
ronm
ent
and
enha
ncem
ent
ofqu
alit
y of
ser
vice
deli
very
to
th
eC
usto
ms
Tra
ding
Partn
ers.
Mig
ratio
n fro
m th
e IC
ES1.
0 to
the
upg
rade
dve
rsio
n of
the
Cus
tom
sED
I Sy
stem
(IC
ES 1
.5)
was
com
plet
ed fo
r all
41C
usto
ms
loca
tion
s in
Apr
il
2011
. T
heup
grad
ed v
ersi
on o
f the
Cus
tom
s E
DI
Syst
em(I
CES
, ver
sion
1.5
) ha
sbe
en im
plem
ente
d at
111
Cus
tom
s lo
cati
ons.
ICEG
ATE
for
ICES
1.5
is no
w o
pera
tiona
l at 1
11C
usto
ms l
ocat
ions
.
bili
ngua
l an
din
tegr
atio
n of
ACE
S w
ith th
e e-
Biz
pr
ojec
t of
Dep
artm
ent
ofC
omm
erce
an
dIn
dust
ry i
s be
ing
impl
emen
ted.
ICES
1.5
is
now
impl
emen
ted
at10
3 C
usto
ms
loca
tion
s.
New
func
tion
alit
ies
incl
uded
in
the
ap
pli
ca
tio
nin
clud
e fac
ility
for
onli
ne r
efun
d of
serv
ice t
ax, o
nlin
ere
gist
rati
on
ofD
FIA
lic
ence
s,ce
ntra
lized
bon
dm
anag
emen
t an
de-
paym
ent
ofcu
stom
s du
tie
sfr
om a
ny o
f th
eau
thor
ized
ban
ks..
Oth
er
mod
ules
such
as
auto
mat
ion
ofpr
ecio
us c
argo
,gr
eate
r int
egra
tion
wit
h A
CE
S an
dR
MS,
and
onl
ine
inte
rface
with
SEZ
are
unde
rde
velo
pmen
t. A
tpr
esen
t 10
3
- G
atew
ay P
roje
ct f
orC
usto
ms u
pgra
datio
n
173 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
mes
sage
s ar
eo
pe
rati
on
al
betw
een
cust
oms
and
its
Tra
dePa
rtne
rs t
hrou
ghIC
EG
ATE
. N
ewfu
ncti
onal
itie
spr
opos
ed t
o be
incl
uded
in
ICEG
ATE
incl
ude
man
dato
ry
e-pa
ymen
t th
roug
h17
Ban
ks f
or a
llth
e C
usto
ms
lo
ca
ti
on
s,
impl
emen
tatio
n of
onlin
e tr
ansf
er o
fli
cens
es s
uch
asD
FIA
, re
war
dsc
hem
e et
c. a
ndim
plem
enta
tion
ofe
PAO
. It
is a
lso
prop
osed
to
impl
emen
t th
er
em
ai
ni
ng
mes
sage
s with
the
Tra
de P
artn
ers
fina
lize
d in
cons
ulta
tion
with
them
an
d to
im
pl
em
en
tm
essa
ges
for
onli
ne i
nter
face
with
SEZ
.
4(i)
4(ii)
BER
E
12
34
56
78
174Outcome Budget 2013-2014
A up
grad
ed ve
rsio
nof
R
isk
Ma
na
gem
ent
Syste
m (R
MS
3.1)
com
patib
le w
ith th
eIC
ES 1
.5 v
ersi
onha
s be
enim
plem
ented
and i
sno
w r
olle
d ou
t in
69
cust
oms
loca
tions
.It
is pl
anne
d tha
t the
RM
S w
ill
beim
plem
ente
d at
addi
tiona
l site
s and
the
exte
nt o
f tra
defa
cilit
atio
n be
ing
prov
ided
will
be
enha
nced
. RM
S fo
rex
port
carg
o is
also
plan
ned.
Web
site
for
LTU
has b
een
set u
p.
The
or
ders
fo
rpr
ocur
emen
t of
Cat
egor
y I,
III
Aan
d II
I B
ves
sels
A n
ew v
ersi
on o
f R
isk
Man
agem
ent
Syst
em(R
MS
3.1)
com
patib
lew
ith th
e ICE
S 1.
5 ve
rsio
nha
s bee
n im
plem
ente
d.
The
new
ver
sion
(RM
S3.
1) i
s op
erat
iona
l in
79C
usto
ms
loca
tion
sin
clud
ing t
he 2
3 loc
atio
nsw
here
old
ver
sion
(RM
S2.
7) w
as in
exis
tenc
e.
- A
n LT
U
spec
ific
web
site
ha
s be
ende
velo
ped.
Th
e LT
Us
are c
urre
ntly
ope
ratio
nal
at B
anga
lore
, C
henn
ai,
Del
hi an
d M
umba
i.
------
------
-
RMS
seek
s to
prov
ide
trade
faci
litat
ion
and
effe
ctiv
e enf
orce
men
tth
roug
h in
tell
igen
tin
terd
ictio
n of
onl
yhi
gh r
isk
carg
o fo
rcu
stom
s a
long
with
an a
ssur
ed c
usto
ms
clea
ranc
e pr
oced
ure
for
spec
ial
clie
nts
havi
ng g
ood
trac
kre
cord
and
who
mee
tsp
ecif
ied
crit
eria
iden
tifi
ed
by
the
Cus
tom
s.
- The
por
tal f
acili
tate
sta
x pa
yers
in
thei
rin
tera
ctio
n w
ith
Cen
tral
Exc
ise
&Se
rvic
e Ta
x an
dIn
com
e Ta
x/C
orpo
rate
Tax
. The
rew
ill b
e si
ngle
poi
ntin
terf
ace b
etw
een
Tax
Adm
inis
trat
ion
ofC
BE
C/C
BD
T
and
Larg
e Tax
paye
rs.
Mod
ern
fast
ves
sels
will
stre
ngth
en a
nti-
smug
glin
g ca
pabi
lity
of
Cus
tom
s
- Se
ttin
g up
of
R
isk
Man
agem
ent S
yste
m(R
MS)
- Set
ting
up o
f a p
orta
l for
Lar
ge T
axpa
yer
Uni
ts(L
TU
) to
fac
ilit
ate
tax
paye
rs.
In C
ateg
ory-
II, a
ll ve
ssel
sw
ere
deli
vere
d to
the
Dep
artm
ent b
y D
ecem
ber,
2012
.
Maj
or H
ead
4047
-Pr
even
tive
Func
tions
-A
cqui
sitio
n of
ship
s and
flee
ts
Stre
ngth
enin
g A
nti-
smug
glin
g ca
pabi
lity
and
impr
oved
coas
tal s
ecur
ity
10.1
820
.00
2.
175 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
num
berin
g 87
wer
epl
aced
to
the
Boat
Bui
lder
s in
th
em
onth
of
Mar
ch,
2007
. O
rder
for
supp
ly o
f Cat
egor
yII
ve
ssel
snu
mbe
ring
22 w
aspl
aced
with
the B
oat
Bui
lder
in
Dec
embe
r, 20
08.
In C
ateg
ory-
IIIA
and
IIIB,
all v
esse
ls(3
0 in
III-A
and
33
in
III-
B)
wer
ede
live
red
by t
heB
oat
buil
der
byJu
ne, 2
009.
In
Cat
egor
y-I,
deliv
ery
of a
ll 24
vess
els
was
com
plet
ed
byA
ugus
t, 20
10.
In
Cat
egor
y-II
,de
liver
y of
all
22ve
ssel
s w
asco
mpl
eted
by
Dec
embe
r, 20
12.
Prog
ress
of
th
epr
ojec
t dep
ends
on
acqu
isitio
n of
land
from
th
e Po
rtau
thor
itie
s an
dti
mel
y ap
prov
alfr
om
stat
utor
y
De
pa
rtm
en
t.Im
prov
ed
coas
tal
secu
rity
will
gre
atly
help
in
cu
rbin
gsm
uggl
ing
ofda
nger
ous/p
rohi
bite
dgo
ods,
prev
entio
n of
envi
ronm
ent h
azar
dsan
d pr
otec
tion
of
enda
nger
ed sp
ecie
s.
No
n-i
ntr
usi
ve
scan
ning
of
cont
aine
rs w
ould
star
tat
Tut
icor
in, C
henn
aian
d K
andl
a Po
rts.
Fixe
d sc
anne
rs w
ould
be
inst
alle
d at
The l
ease
agre
emen
t for
acqu
irin
g la
nd
for
inst
alla
tion
of 3
mob
ilesc
anne
rs a
nd 4
fix
edsc
anne
rs h
ave
been
sign
ed w
ith
the
port
auth
orit
ies.
The
Inst
alla
tion
of 3
Mob
ileG
amm
a R
ay S
cann
ers,
plac
emen
t of
ord
er a
ndst
art
of c
ivil
cons
truct
ion
for
4 Fi
xed
X-R
aySc
anne
rs a
t a to
tal p
roje
ctco
st o
f Rs
.172
.94
cror
e (
Maj
or H
ead
4047
-A
cqui
sitio
n of
Ant
i-sm
uggl
ing
equi
pmen
ts
Faci
litat
e car
go cl
eara
nce,
effi
cien
t ha
ndli
ng
ofin
crea
sed
volu
me
ofco
ntai
ner t
raffi
c, im
prov
edC
usto
ms
cont
rol
thro
ugh
non-
intru
sive e
xam
inat
ion.
76.9
710
.17
3.
4(i)
4(ii)
BER
E
12
34
56
78
176Outcome Budget 2013-2014
auth
orit
ies.
T
hepr
ogre
ss i
s be
ing
mon
itore
d by
the
Pr
oj
ec
tIm
plem
enta
tion
Com
mitt
ee.
Paym
ent
in s
uch
case
s de
pend
s on
vario
us f
orm
aliti
esi
nv
ol
vi
ng
cons
ulta
tion
with
diffe
rent
conc
erne
dau
thor
ities
.
cont
ract
s for
supp
ly a
ndin
stal
lati
on o
f al
l 07
Scan
ners
hav
e be
ensi
gned
wit
h el
igib
lebi
dder
s.
3
mob
ile
scan
ners
and
4 f
ixed
scan
ners
are s
ched
uled
tobe
inst
alle
d in
FY-
201
3-14 -F
or c
onst
ruct
ion
of a
new
offi
ce c
ompl
ex f
orN
atio
nal
Aca
dem
y of
Cus
tom
s,
Exc
ise
&N
arco
tics
(NA
CEN
) at
Bang
alor
e. P
urch
ase
ofbu
ildi
ng
from
U
TI,
Mum
bai,
pay
men
t in
resp
ect o
f NBC
C, P
laza
and
purc
hase
of
offic
ebu
ildin
g at G
uwah
ati a
ndfo
r oth
er sm
all p
ropo
sals
likel
y to
be
mad
e.. -P
aym
ent o
f sta
mp
duty
and
othe
r ch
arge
s to
be
mad
e to
loc
al a
utho
rity
i.e.
M
unic
ipal
Cor
pora
tion
of G
reat
erM
umba
i in
res
pect
of
build
ing
purc
hase
d fro
mSp
ecifi
ed U
nder
taki
ng o
fU
nit
Trus
t of
Ind
ia i
nN
ovem
ber,
20
06
atM
umba
i.
Tutic
orin
, C
henn
ai,
Kan
dla a
nd M
umba
iPo
rts.
The
Sc
anni
ngSy
stem
s will
hel
p in
dete
ctio
n of
lar
ger
num
ber
of c
ases
of
irreg
ular
ities
. T
his
will
als
o re
sult
inin
crea
sed
reve
nue
colle
ctio
n an
d fa
stcl
eara
nce
of c
argo
etc.
The
avai
labi
lity
ofad
equa
te o
wn
offic
esp
ace w
ould
incr
ease
the
effic
ienc
y of
the
depa
rtmen
t.
(non
-rec
urri
ng)
and
Rs.
18.6
1 cr
ore
per
annu
m (-
recu
rrin
g)
The
purc
hase
of
offic
eac
com
mod
atio
n w
ill
brid
ge t
he s
hort
fall
inre
quir
emen
t of
off
ice
spac
e.
Maj
or H
ead
4059
-A
cqui
sitio
n of
Offi
ceA
ccom
mod
atio
n
To m
eet s
hortf
all i
n O
ffice
Acc
omm
odat
ion
28.0
04.
314.
177 Indirect Taxes
4(i)
4(ii)
BER
E
12
34
56
78
The
pr
opos
als
invo
lve
obta
inin
gcl
eara
nce
from
CPW
D, M
inist
ry o
fU
rb
an
Dev
elop
men
t, SF
Cet
c. a
fter
follo
win
gth
e du
e pr
oced
ure
pres
crib
ed in
GFR
s.
Lum
p-su
m
othe
rpa
ymen
ts in
res
pect
of
othe
r on
goin
g pr
ojec
tslik
ely
to b
e m
ade.
The
ava
ilab
ility
of
re
si
de
nt
ia
lac
com
mod
atio
n w
illle
ad t
o hi
gher
sta
ffsa
tisfa
ctio
n re
sulti
ngin
en
hanc
edm
otiv
atio
n an
dpr
oduc
tivity
.
The p
urch
ase o
f res
iden
tial
acco
mm
odat
ion
will
brid
geth
e sho
rtfal
l in
requ
irem
ent.
Maj
or H
ead
4216
-A
cqui
sitio
n of
Resi
dent
ial
Acc
omm
odat
ion
To
mee
t sh
ortf
all
inr
es
id
en
ti
al
acco
mm
odat
ion
4.00
0.10
5.
Outcome Budget 2013-2014 178
OVERALL PERFORMANCE
Salient features on overall performance of the CentralBoard of Excise and Customs (CBEC)
§ Total Indirect Tax Revenues amounted to ` 3,90,894crore in 2011-12 Union Excise Duties collectionaccounted for 37% (` 1,44,239 crore), Customs: 38%(` 1,49,300 crore) and Service Tax: 25% (` 97,355crore).
§ Indirect Tax Revenues have increased by 165.38% from` 1, 47,294 crore in 2003-04 to ` 3, 90,894 crore in2011-12.
§ There has been 9.95% increase in Customs Dutiescollections and 5.26% increase in Union Excise Dutiescollections in 2011-12 with reference to previous year.
§ Service Tax collections have increased by 37.32% in2011-12 over previous year. However, Service Taxcollections have shown phenomenal growth of1133.74% from 2003-04 (` 7,891 crore) to 2011-12 (`97,355 crore). The share of Service Tax in IndirectTax Revenues has increased from 1% in 1995-96 to24.90% in 2011-12.
§ In 2012-13 up to December, 2012, Indirect TaxRevenue collections amounted to ` 3,07,649 croreconstituting Union Excise Duties – ` 1,08,646 crore,Customs Duties – ` 1,18,744 crore and Service Tax –` 80,259 crore.
§ Total Indirect Tax collection up to December, 2012have shown growth of 35.59% over the comparativeperiod of previous financial year. Union Excise Duties,Customs Duties and Service Tax collectionsrespectively have increased by 26.44%, 22.79% and26.44% over the collections in the comparative periodof previous year.
§ The cost of collection of Indirect Taxes from the year2005-06 onwards are tabulated below:-
Cost of Collection
Head 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12of DutyCustoms 0.72% 0.56% 0.51% 0.72% 1.09% 0.67% 0.67%CentralExcise &Service Tax 0.67% 0.63% 0.64% 0.98% 1.32% 1.00% 0.96%
§ Indirect Tax Revenues have fallen from 5.3% of GDPin 2004-05 to about 4.47% of GDP in 2010-11.
§ Average expenditure on pay and allowances andaverage collection of revenue per employee for last
three years is given below:-
Year Average expenditure Average collection of
on pay and allowances revenue per employee
per employee (` in lakh) (` in crore)2009-10 4.20 4.37
2010-11 4.25 6.252011-12 5.68 7.31
E-Governance:Directorate General of Systems has completed the
implementation of the Information Technology (IT) InfrastructureConsolidation Project. The major infrastructure projectsimplemented as part of the Consolidation Project are:
(i) Wide Area Network (WAN) - An All India Wide AreaNetwork linking 20,000 Departmental users to theNational Data Centre, Data Replication and DR Sitehas been set up to link CBEC officers with the nationaldata centre and disaster recovery site. The Wide AreaNetwork (WAN) has been implemented except for sitesfacing force majeure issues. Helpdesks have beenprovisioned to address user complaints on WAN andLAN issues.
(ii) System Integration - Three National Data Centres, i.e.the Primary Data Centre and Business Continuity Sitein New Delhi and the Disaster Recovery Site in Chennaihave been set up. Servers, storage and securityequipment, etc have been installed in the data centresand software applications have been ported and arerunning from these data centres.A Network Operations Centre (NOC) has been set upfor providing support for applications users and pro-active monitoring of the infrastructure.A helpdesk is in operation for infrastructure andapplications support for operations and resolution ofthe end user problems.A Single Sign-on (SSO) application has also beenconfigured and rolled out for providing policy basedaccess for CBEC's officers to different applications.SSO ids have been created for about 19,000 officers.The mail messaging solution has been made onlinefrom Data Center to provide official mail accounts toabout 20,000 officers.In July 2011, the Directorate General of Systems andData Management, CBEC was certified to ISO/IEC27001:2005 Standard.
(iii) Local Area Networks (LAN) - Local Area NetworkConnectivity has been provided to CBEC users in about1160 buildings with requisite IT hardware such as ThinClients, Network Printers, Print Servers, and Scanners
179 Indirect Taxes
etc. Using LAN, the Commissionerates, CustomsHouses, Directorates, Divisions, ICDs, Land CustomsStations and the Central Excise/Service Tax Ranges willbe able to securely connect/access the central computingfacility.
CBEC's major applications are now hosted on a singlenetwork and computing facility. Details are as under:
Customs:
Migration from the ICES 1.0 to the upgraded version of theCustoms EDI System (ICES 1.5) was completed for all 41Customs locations in April 2011. ICES 1.5 is now implementedat over 100 Customs locations. New functionalities included inthe application include facility for online refund of service taxwhich marks the initial steps in the integration of ICES withACES, online registration of DFIA licences, centralized bondmanagement. Other modules such as automation of preciouscargo, greater integration with RMS, and online interface withSEZ are under development.
ICEGATE is an infrastructure project that fulfils thedepartment's EC/EDI and data communication requirements. TheICEGATE portal that provides e-filing services to the trade andcargo carriers and other clients of the Customs Department.Through this facility the Department offers a host of services,including on-line, electronic filing of the Bill of Entry (importgoods declaration), Shipping Bills (export goods declaration)and related electronic messages between Customs and the TradingPartners, document tracking, e-payment, online registration ofIPR and links to various other important websites. usingcommunication facilities (E-mail, Web-upload & FTP) using thecommunication protocols commonly used on the internet.Besides, data is also exchanged between Customs and the variousregulatory and licensing agencies such as DGFT, RBI, and DGCISthrough ICEGATE. All electronic documents/ messages beinghandled by the ICEGATE are processed at the Customs' end bythe ICES 1.5 application.
In August 2011, the SKOCH Digital Inclusion Award for2011 for e-governance was conferred on the ICEGATE Project.ICEGATE was also conferred the e-Asia award in November2011 in Taipai by Asia Pacific Council for Trade Facilitation andElectronic Business (AFACT).
Risk Management System (RMS) has been upgraded andported on the central computing facility in the Data Centre. Theobjective of the Risk Management System (RMS) is to enablethe Indian Customs Administration to strike an appropriatebalance between trade facilitation and enforcement. Under theRMS, Bills of Entry filed by importers in the Indian CustomsEDI System (ICES) are processed for risk and a large number ofconsignments are allowed clearance without examination basedon the importers' self assessment. Other consignments go forassessment or examination or both depending on the evaluationof risk by the RMS. RMS also provides for an assured customsclearance procedure for special clients having good track record
and who meet specified criteria identified by the Customs. Theimplementation of the RMS was one of the most significant stepsin the ongoing Business Process Re-engineering and e-governance initiatives of the Central Board of Excise andCustoms.
Central Excise and Service Tax:
Automation of Central Excise and Service Tax (ACES) is acentrally-hosted, web-based and workflow-based softwareapplication to automate the entire business processes relating toCentral Excise and Service Tax that includes online registration,online filing and processing of returns, claims, intimations andpermissions, filing and processing of excise related exportdocuments, dispute resolution , audit, etc. ACES has also beenmade available on Online Learning Module (LMS) for impartingknowledge and understanding of the ACES application to theDepartmental Officers and the Assessee. ACES has been rolledout in all 104 Central Excise and Service Tax Commissioneratesas on 23.12.2009. ACES Certified Facilitation Centres (CFCs)have been made operational. These CFCs have been set up bymembers of the Institute of Chartered accountants of India (ICAI),Institute of Cost and Works Accountants of India (ICWAI) andInstitute of Company Secretaries of India (ICSI). This initiativeaims at providing services to taxpayers who may not haverequisite IT infrastructure/ resources, to use ACES.
Data Warehouse
CBEC's Enterprise DW called SmartView is a web-basedanalytical reporting solution that is specifically designed for fastquerying and sophisticated analytical capabilities, using the latestBusiness Intelligence (BI) tools. It has the capability to extractthe data from various online transactional systems such as ICES1.5 (Customs), ACES (Central Excise & Service Tax Returns)and EASIEST (Central Excise & Service Tax Payments), at aregular pre-set frequency. CBEC's Data Warehouse is hosted onCBEC's centralized, consolidated IT infrastructure. It is expectedto serve as a single repository for Indirect Tax data providing aholistic nation-wide view of the Customs, Central Excise andService Tax data. This has enabled, for the first time, a 360 degreeview of the taxpayer across Customs, Central Excise & ServiceTax. SmartView has a user - friendly interface for accessing pre-defined reports and multi - dimensional analysis, along with anad-hoc query facility. It also has data mining and text miningcapabilities, which are being used to assist RMD in profilingentities involved in Import and Export.
Around 75 Customs, Central Excise and Service Tax pre-defined reports have been developed so far in the Data Warehousebased on requirements taken from various field offices,Directorates (DRI, DGoV, DGCEI, etc), TRU, Board etc. Thesereports are available to the user through CBECs applications'interface with a click of the mouse. The SmartView applicationhas been rolled out for Departmental users and comprehensiveend-use training has been imparted to a large number of officers.Information generated by CBEC's Data Warehouse is also being
Outcome Budget 2013-2014 180
supplied to formations outside the CBEC such as Ministry ofCommerce and Industry and Competition Commission of India.
CBEC has also implemented a pilot project Tax 360, as anextension of Data Warehouse Project. It enables seamless DataExchange between CBEC, CBDT and the Sales TaxAdministration of the State of Maharashtra, and allows a 360degree view of a taxpayer across Income Tax, Service Tax, CentralExcise, Customs and State VAT. Tax 360 Project is being extendedto few other states also.
The above measures, intended to provide benefit to both theDepartment and its clients, are to facilitate the assessment andcollection of duty and to further consolidate the strength ofDepartment in the following ways:
a) Speedier Clearance of Cargo.b) Reduction in number of stages, transaction time and costs.c) E-filing of customs documents through the Gateway, on
line assessment, duty payment and clearance procedures.d) E-payment of customs duty through Nationalised banks
with Core Banking Solution.e) Electronic Credit of drawback into the bank.f) Document tracking facility.g) Encouraging Voluntary Compliance.
h) Simplification of procedures.
i) Synergy between various tax systems.
j) Transparency.
k) Minimization of manual interface.
In addition, CBEC's Data Warehouse has been implemented.This has enabled, for the first time, a 360 degree view of thetaxpayer across Customs, Central Excise & Service Tax. TheData Warehouse has a user - friendly interface for accessing pre-defined reports and multi - dimensional analysis, along with anad-hoc query facility. It also has data mining and text miningcapabilities, which are being used to assist RMD in profilingentities involved in Import and Export.
Procurement of Scanners
Container scanners can scan import and export cargocontainers arriving at the ports and help customs officers indetecting contraband drugs, arms and ammunition and otherundeclared cargo. A Pilot Project involving installation of oneMobile Gamma Ray Scanner and one re-locatable X-Ray Scannerat Jawaharlal Nehru Port Trust (JNPT), Nhava Sheva wascompleted in 2005. With the successful completion of the PilotProject, a major step was taken towards facilitation of cargoclearance, efficient handling of increased volume of container
traffic and improved customs control through non-intrusiveexamination. In view of the encouraging results, procurement 3Mobile Scanners for installation at Kandla, Chennai and Tuticorinand 4 Fixed Scanners for installation at Mumbai, Kandla, Chennaiand Tuticorin has been initiated. The contracts for installationof these scanners have been signed and these scanners areexpected to be commissioned by 2013-14.
The numbers of containers scanned, cases booked andamount realized in preceding three years are as under:-
Year Containers scanned throughMobile Scanner Fixed Scanner
2010-11 87303 552862011-12 28253 (was in 77079
operational duringsome period)
2012-13(upto Dec.2012) 45223 48113
During 2010-11, 36 cases were booked through FixedScanner where the value of goods seized was ` 8.59 crore andcustoms duty involved was ` 1.81 crore. During 2011-12, 122cases were booked involving the value of seized goods was `36.23 crore and customs duty of ` 7.17 crore. During 2012-13(upto December, 2012)), 88 cases were booked involving thevalue of seized goods at ` 27.73 crore involving customs dutyof ` 4.48 crore.
Procurement of Marine Vessels
Cabinet Committee of Economic Affairs (CCEA) hadapproved the procurement of 109 marine vessels at a cost of `358.19 on 22.02.2007 including five years AMC. All 24 CategoryI vessels have been delivered and deployed at Mumbai (03),Goa(02), Mangalore(03), Cochin(04), Pune (Ratnagiri) (02) andone vessels each at Ahmedabad (Umargaon), Jamnagar(Okha),Kandla, Visakhapatnam, Chennai, Trichy (Tuticorin), Trichy(Nagapattinam), Visakhapatnam-II (Kakiinada), Kolkatta andBhubneshwar-I (Paradip) Commissionerate.
All 22 sanctioned Category-II vessels, have been deliveredand deployed at Mumbai (03), Jamnagar (02), Pune (Ratnagiri)(02), Mangalore(02), Ahmedabad (01), Goa(01) and KandlaCommissionerate (01), Cochin(03), Chennai(01), Trichy(02),Vizag(01), Bhubneshwar(01) and Kolkata(02).
All 63 Category-III vessels (30 vessels in Cat-IIIA & 33 inCat-I(IIB have been delivered and deployed at Mumbai(07),Goa(02), Mangalore(02), Pune (04), Cochin(04), Ahmedabad(02), Jamnagar (02), Kandla (02), Chennai (03), Visakhapatnam(01), Visakhapatnam-II(02), Guntur(01), Tjrichy (10), Kolkatta(10), Bhubneshwar (02), Patna (03) and ShillongCommissionerate (06).
181181 Indirect Taxes
0
5000
0
1000
00
1500
00
2000
00
2500
00
3000
00
3500
00
4000
00
4500
00
2003
-04
2004
-05
2005
-06
2006
-07
2007
-08
2008
-09
2009
-10
2010
-11
2011
-12
Colle
ctio
ns fr
om In
dire
ct Ta
xes
(
Rs. i
n Cr
ores
)
Cust
oms
Cent
ral E
xcise
Serv
ice T
ax
Tota
l
182Outcome Budget 2013-2014
0.72%
0.56%
0.51%
0.72%
1.09%
0.67%
0.67%
2005
-06
2006
-07
2007
-08
2008
-09
2009
-10
2010
-11
2011
-12
Cost
of Co
llecti
on of
Custo
ms D
uties
in
term
s of P
erce
ntag
e
0.67%
0.63%
0.64%
0.98%
1.32%
1.00%
0.96%
2005
-06
2006
-07
2007
-08
2008
-09
2009
-10
2010
-11
2011
-12
Cost
of Co
llecti
on of
Cent
ral E
xcise
&
Serv
ice Ta
x in t
erm
s of P
erce
ntag
e
183183 Indirect Taxes
SUM
MA
RIS
ED
PO
SIT
ION
OF
SCH
EM
ES
UN
DE
RD
EM
AN
D N
O.4
4 - I
ND
IRE
CT
TA
XE
S
(` i
n cr
ore)
S. N
o.Sc
hem
e
2011
-12
2012
-13
2013
-14
BER
EA
ctua
lBE
RE
Act
ual
BE(u
p to
Dec
., 12
)
1.St
reng
then
ing
of IT
Cap
abili
ty fo
r e-
gove
rnan
ce15
0.00
150.
0014
4.31
150.
0017
8.00
77.2
115
2.00
2.A
cqui
sitio
n of
Shi
ps &
Fle
ets
13.5
038
.27
3.23
10.1
820
.00
1.44
17.9
5
3.A
cqui
sitio
n of
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tain
er S
cann
ers
70.0
043
.65
43.2
976
.97
10.1
70.
0082
.00
4.A
cqui
sitio
n of
Offi
ce A
ccom
mod
atio
n40
.00
7.00
0.00
28.0
04.
311.
0047
.91
5.A
cqui
sitio
n of
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iden
tial A
ccom
mod
atio
n4.
004.
000.
814.
000.
100.
001.
34
Tota
l27
7.50
242.
9219
1.64
269.
1521
2.58
79.6
530
1.20
Perc
enta
ge w
.r.t.
RE
78.8
937
.47
184Outcome Budget 2013-2014
STAT
EM
EN
T SH
OW
ING
SC
HE
ME
-WIS
E A
CT
UA
L E
XPE
ND
ITU
RE
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E F
OR
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2010
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201
1-12
AN
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13
(` i
n cr
ore)
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ajor
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d20
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Act
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EA
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lBE
RE
Act
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(upt
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2)R
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MH
-203
7 (C
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Col
lect
ion
of C
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ms
2037
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2691
8.84
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2998
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401.
551.
551.
702.
102.
102.
302.
302.
302
MH
-203
8 (U
nion
Exc
ise D
utie
s)C
olle
ctio
n of
Uni
on E
xcise
Dut
ies
2038
1627
.10
1827
.38
1800
.94
1970
.27
1964
.87
1938
.32
2103
.84
2126
.49
172
9.83
Prin
ting
of B
ande
rols
etc.
2038
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Dire
ctor
ate
of I
nspe
ctio
n20
3827
.97
30.4
830
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31.8
334
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31.7
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ems
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a M
anag
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1513
4.80
131.
25
138
.00
165.
4978
.36
Vigi
lanc
e20
3811
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12.0
811
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12.6
112
.32
11.6
113
.10
12.7
3 8
.20
Nat
iona
l Aca
dem
y of
Cus
tom
s,Ex
cise
& N
arco
tics
2038
21.5
736
.58
39.9
737
.83
43.3
7
4
1.09
44.3
144
.60
2
8.44
Dire
ctor
ate
of P
ublic
ity &
Pub
lic R
elat
ions
2038
26.2
927
.02
27.0
130
.21
31.3
5
3
1.18
35.4
433
.48
9.16
Dire
ctor
ate
of C
entra
l Exc
ise I
ntel
ligen
ce20
3827
.56
29.3
325
.93
30.7
332
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29.
8833
.91
36.6
624
.99
Oth
er O
ffice
s20
3811
.97
12.8
711
.37
13.5
012
.88
11.9
713
.63
13.5
3 8
.58
3H
ousin
g - M
aint
enan
ce &
Rep
air
2216
6.00
4.75
2.29
6.00
5.30
3.96
7.00
5.00
1.39
4M
H-3
606
(Aid
Mat
eria
l)A
id M
ater
ial &
Equ
ipm
ent
3606
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tota
l- R
even
ue S
ectio
n27
43.3
029
84.6
629
79.4
332
51.3
432
58.8
4
319
3.67
3481
.88
3535
.78
2716
.64
185185 Indirect Taxes
5A
cqui
stio
n of
Mar
ine
Vess
els
4047
48.0
042
.00
21.8
713
.50
38.2
73.
2310
.18
20.0
01.
44A
cqui
stio
n of
Con
tain
er S
cann
ers
4047
73.0
036
.95
11.3
370
.00
43.6
543
.29
76.9
710
.17
0.00
Maj
or W
orks
4047
0.20
0.05
0.00
0.05
0.03
0.00
0.05
0.25
0.00
6A
cqui
stio
n of
Offi
ce B
uild
ings
4059
132.
0051
.00
88.9
240
.00
7.00
0.00
28.0
04.
311.
00
7A
cqui
sitio
n of
Rea
dy B
uilt
Res
iden
tial
Build
ings
4216
11.0
02.
000.
974.
004.
000.
824.
000.
100.
00
Tota
l- C
apita
l Sec
tion
264.
2013
2.00
123.
0912
7.55
92.9
547
.34
1
19.2
034
.83
2.44
Gra
nd T
otal
3007
.50
3116
.66
3102
.52
3378
.89
3351
.79
3
241.
0136
01.0
835
70.6
127
19.0
8R
ecov
erie
s-0
.50
-0.5
0-5
.24
-0.5
0-0
.50
-0.5
4-0
.50
-0.5
0-0
.29
Net
3007
.00
3116
.16
3097
.28
3378
.39
3351
.29
3
240.
4736
00.5
835
70.1
127
18.7
9
S. N
o.D
escr
iptio
nsM
ajor
Hea
d20
10-1
120
11-1
220
12-1
3BE
RE
Act
ual
BER
EA
ctua
lBE
RE
Act
ual
(upt
o D
ec.1
2)
(` i
n cr
ore)
186Outcome Budget 2013-2014
S. N
o.O
bjec
t Hea
d20
10-1
120
11-1
220
12-1
3BE
RE
Act
ual
BER
EA
ctua
lBE
RE
Act
ual
(upt
o D
ec.1
2)
(` i
n cr
ore)
1Sa
larie
s20
14.7
323
56.1
623
34.4
625
21.0
025
00.0
024
76.8
027
00.0
027
60.0
022
63.3
42
Wag
es10
.50
11.1
810
.61
12.5
013
.00
12.2
914
.00
15.6
511
.30
3O
verti
me
Allo
wan
ce13
.00
10.7
59.
1012
.00
10.2
08.
7011
.00
9.89
4.71
4R
ewar
ds20
.00
16.8
016
.22
20.0
023
.15
19.0
120
.50
20.5
011
.70
5M
edic
al T
reat
men
t25
.00
24.0
021
.60
25.0
024
.90
23.1
826
.00
25.4
516
.93
6D
omes
tic T
rave
l Exp
ense
s48
.00
51.0
050
.97
55.0
056
.50
53.9
159
.50
60.6
041
.15
7Fo
reig
n Tr
avel
Exp
ense
s0.
601.
751.
191.
751.
751.
411.
751.
581.
418
Offi
ce E
xpen
ses
280.
0023
3.73
230.
3525
8.00
257.
5525
9.08
273.
0024
6.00
186.
929
Ren
t, R
ates
& T
axes
105.
0099
.00
95.0
911
0.00
127.
0011
5.92
119.
0012
4.00
70.9
410
Publ
icat
ions
1.00
1.15
1.22
1.20
1.16
1.11
1.20
1.40
0.86
11Ba
nkin
g C
ash
Tran
sact
ion
Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
12O
ther
Adm
inist
rativ
e Ex
pens
es1.
182.
102.
493.
103.
003.
033.
002.
701.
7313
Adv
ertis
ing
& P
ublic
ity24
.00
22.8
022
.06
26.0
026
.96
26.2
131
.00
28.0
04.
7014
Min
or W
orks
11.5
013
.25
7.23
14.0
014
.75
11.1
817
.00
12.3
02.
6715
Prof
essio
nal S
ervi
ces
12.0
013
.35
13.1
214
.00
16.7
015
.75
17.0
015
.30
8.15
16O
ther
Con
tract
ual S
ervi
ces
0.00
0.00
0.00
0.00
0.00
0.00
0.00
17G
rant
s-in
-Aid
-Gen
eral
0.09
0.09
0.06
0.09
0.09
0.07
0.09
0.08
0.01
18Se
cret
Ser
vice
Exp
endi
ture
4.20
4.40
4.39
4.80
5.39
5.29
6.20
5.58
3.83
19O
ther
Cha
rges
(C
harg
ed)
0.50
0.50
0.45
0.50
0.50
0.16
0.50
0.50
0.09
(V
oted
)2.
002.
152.
042.
402.
602.
542.
942.
872.
5420
Mac
hine
ry &
Equ
ipm
ent
20.0
014
.50
11.2
020
.00
17.5
013
.72
22.0
019
.80
6.45
21In
ter A
ccou
nts
Tran
sfer
0.00
0.00
0.00
0.00
6.14
0.00
6.20
5.58
0.00
187187 Indirect Taxes
22In
form
atio
n Te
chno
logy
150.
0010
6.00
145.
5815
0.00
150.
0014
4.31
150.
0017
8.00
77.2
1To
tal -
Rev
enue
Sec
tion
2743
.30
2984
.66
2979
.43
3251
.34
3258
.84
3193
.67
3481
.88
3535
.78
2716
.64
Cap
ital
Sect
ion
23A
cqui
sitio
n of
Shi
ps &
Fle
ets
48.0
042
.00
21.8
713
.50
38.2
73.
2310
.18
20.0
01.
4424
Acq
uisit
ion
of A
nti S
mug
glin
g Eq
uipm
ent
73.0
036
.95
11.3
370
.00
43.6
543
.29
76.9
710
.17
0.00
25M
ajor
Wor
ks0.
200.
050.
000.
050.
030.
000.
050.
250.
00To
tal -
Maj
or H
ead
'404
7'12
1.20
79.0
033
.20
83.5
581
.95
46.5
287
.20
30.4
21.
44
26A
cqui
sitio
n of
O
ffice
Acc
omm
odat
ion
132.
0051
.00
88.9
240
.00
7.00
0.00
28.0
04.
311.
00
27Pu
rcha
se o
f Rea
dy B
uilt
Res
iden
tial
Acc
omm
odat
ion
11.0
02.
000.
974.
004.
000.
824.
000.
100.
00
Tota
l - C
apita
l Sec
tion
264.
2013
2.00
123.
0912
7.55
92.9
547
.34
119.
2034
.83
2.44
Gra
nd T
otal
3007
.50
3116
.66
3102
.52
3378
.89
3351
.79
3241
.01
3601
.08
3570
.61
2719
.08
Rec
over
ies
0.50
0.50
-5.2
40.
500.
50-0
.54
0.50
0.50
0.29
Net
3007
.00
3116
.16
3097
.28
3378
.39
3351
.29
3240
.47
3600
.58
3570
.11
2718
.79
S. N
o.O
bjec
t Hea
d20
10-1
120
11-1
220
12-1
3BE
RE
Act
ual
BER
EA
ctua
lBE
RE
Act
ual
(upt
o D
ec.1
2)
(` i
n cr
ore)
Outcome Budget 2013-2014 188
FINANCIAL REVIEWANALYSIS OF TRENDS IN EXPENDITURE
During 2011-12, total expenditure of `3241.01 crore was
4.46% more than the expenditure of `3102.52crore incurred in
2010-11. In Revenue Section, the increase is 7.20% which is
mainly due to more expenditure on pay & allowances.
Under Capital Section, there is a decrease of 61.54% in 2011-
12 vis-à-vis expenditure in 2010-11. This is mainly on account
of less expenditure towards payment in respect of purchase of
office space at NBCC Plaza in New Delhi as well less expenditure
due to non- installation of 3 Mobile Gamma Ray Scanners and 4
Fixed X-Ray Scanners.
In 2012-13, total estimated expenditure of `3570.61 crore,
which is 10.17% more than the expenditure of `3241.01 crore
incurred in 2011-12. In Revenue Section, the anticipated increase
is 10.71% which is mainly due to higher expenditure expected in
respect of pay & allowance as well computerization of the
Department.
Under Capital Section, there is an anticipated decrease of
26.43% in 2012-13 vis-à-vis expenditure in 2011-12. This is on
account of delay installation of scanners and less payment likely
to be made in respect of office space purchased at NBCC Plaza
in New Delhi.
Expenditure under 'Advertising and Publicity' was `26.21
crore in 2011-12, which is 18.81% more than the expenditure of
`22.06 crore in 2010-11. This is on account of more emphasis
on publicity programme in general and clearance of pending bills
pertaining to previous year. The estimated expenditure for 2012-
13 is `28.00 crore which is 6.83% more than the expenditure in
2011-12 on account of wider campaigns of publicity through
outdoor and miscellaneous media.
Under 'Information Technology' expenditure during 2011-
12 was `144.31 crore which is 0.87% less than the expenditure
of `145.58 crore incurred in 2010-11 because of less expenditure
towards implementation of most of the components of
consolidation of computerization programme during 2011-12.
For 2012-13, estimated expenditure of 178.00 crore is 23.35%
more than the expenditure incurred in 2011-12 because payment
is linked to completion of various stages of computerization and
some of the payment stages may spill over to next financial year.
For procurement of Marine Vessels, expenditure during
2011-12 was `3.23 crore which is 85.23% less than the
expenditure of 21.87 crore incurred in 2010-11 because payment
to the Boat Builders is linked with the construction and delivery
of boats. Expenditure of ` 20.00 crore is likely to be incurred
during 2012-13 towards scheduled payments for vessels. Out of
109 vessels to be procured,109 vessels (24 in Category-I, 22 in
Category-II and 30 in Category III-A and 33 in Category III-B)
have been delivered to the Department by December, 2012.
For procurement of container scanners, expenditure incurred
during 2011-12 was ` 43.29 crore which is 282.08% more than
the expenditure of `11.33 crore incurred in 2010-11 . During
2012-13, expenditure of `10.17 crore is likely to be incurred
towards payment of lease rent for acquisition of land from
concerned Port authorities and for advance payment for
procurement of scanners.
For acquisition of office accommodation, nil expenditure
during 2011-12 as against `88.92 crore in 2010-11. For 2012-
13, estimated expenditure is 4.31 crore towards payment towards
construction of new office complex of NACEN at Bangalore
and other projects.
For acquisition of residential accommodation, expenditure
incurred during 2011-12 was `0.82 crore which is 15.46% less
than against expenditure of `0.97 crore incurred during 2010-
11. For 2012-13, estimated expenditure of Rs 0.10 crore is for
miscellaneous projects.
189 Indirect Taxes
75%
7%
3%
1%4%
6%4%
Maj
or C
onst
ituen
ts o
f Exp
endi
ture
und
er th
e G
rant
of
Indi
rect
Tax
es in
BE
2013
-14
in te
rms o
f Pe
rcen
tage
Sala
ries
Offi
ce E
xpen
ses
Rent
,Rat
es &
Taxe
s
Adve
rtis
ing
& P
ublic
ity
Info
rmat
ion
Tech
nolo
gy
Oth
ers
Capi
tal
Outcome Budget 2013-2014 190
STATEMENT ON SURRENDER AND SAVING DURINGTHE FINANCIAL YEAR 2011-12
During the FY 2011-12 against a budgetary provision of`3386.39 crores including supplementary grant, there was anexpenditure of 3241crores during the year resulting into savingsand surrender of `145.39 crores. These savings are the net effectof total savings of `163.67 crores and total excess of `18.28crores under various sub-heads of the Revenue and Capital
Section of the Grant.These savings have been segregated into the following
categories.i) Normal Savings due to economical usage of the resources
: Nilii) Savings due to non implementation/delay in execution
of projects/schemes:-During the FY 2011-12, some of the schemes where there
were delays in execution/implementation are as follows:-
(` in crore) S. Sub Head/ Scheme/ Savings Remarks/ ReasonsNo. Programme1. Revenue-cum-Import/Export Trade control 21.20
functions- Commissionerates
2. Central Revenue Control Laboratory 3.28
3. Preventive and other functions- 5.22Commissionerates
4. Directorate of Revenue Intelligence 1.35
5. Inspection 2.74
6. National Academy of Customs, 2.61Excise and Narcotics (NACEN)
7. Directorate General of Central 3.86Excise Intelligence
8. Customs and Central Excise 1.04Settlement Commission
9. Systems & Data Management 3.90
10. Collection Charges- 27.49Commissionerates(HQ)
11. Collection of Land Customs 2.60
12. Other Items-Minor Works 1.77
Non filling up of vacant posts, less expenditure on purchase ofoffice related items, non finalization of proposals for rent revisionin respect of hired office building, less domestic/foreign toursundertaken and non completion of Local Area Network (LAN)projects.
Delay in finalizing of process for purchase of Equipments forlaboratories and less expenditure on the maintenance of machineand equipments.
Requirement of less funds towards wages and purchase ofequipments, machinery, furniture and office equipments and lesssanction of rewards.
Less sanction of rewards cases and non-finalization of proposalsfor hiring of office building.
Non-filling up of vacant posts, and requirement of less fundstowards purchase of furniture and office equipments.
Joining of less number of probationers, less expenditure towardswages and OTA and less expenditure towards purchase offurniture and office equipments than anticipated.
Non-filling up of vacant posts, non-finalization of rent revisionproposals and requirement of less funds for purchase ofComputers etc.
Non filling up of vacant posts and non finalization of proposalsfor rent revision in respect of hired Bus.
Non-finalization of proposals for rent revision and requirementof less funds towards wages, purchase of office furniture andequipments.
Non filling up of vacant posts and non-finalization of proposalsfor rent revision in respect of hired office buildings.
Non-filling up of vacant posts.
Requirement of less funds towards renovation of office premisesand maintenance of buildings.
191 Indirect Taxes
Less demand for maintenance and repairs of departmentalresidential buildings during the year.
Non fulfillment of the contractual obligations by the boatsuppliers, delay in finalization of the agreement for purchase of4 X-ray container Scanners and non finalization of the proposalsfor construction of pre fabricated premises at border check-posts.
Entire provision remain unutilized due to non-settlement of issueof stamp duty to Municipal Corporation of Delhi and theconversion of leasehold to free-hold in case of purchase of officebuilding of NBCC Plaza, Saket, UTI building at Mumbai andnon-finalization of the proposal for purchase of officeaccommodation at Guwahati.
Non materialization of proposal for purchase of residentialaccommodation during the year.
13. Major Head-2216 (Housing) 2.04
14. Capital Outlay on Other Fiscal Services 37.03
15. Capital Outlay on Public Works 40.00
16. Capital Outlay on Housing 3.19
(` in crore) S. Sub Head/ Scheme/ Savings Remarks/ ReasonsNo. Programme
iii) Surrenders/savings due to obsolete/defunct project/scheme or due to completion of project/scheme:Nil
Note:- This annexure is included in compliance of O.M.No.7(1)-B(AC)/2011 dated 23rd March, 2012 of Budget Division regardingsegregation of savings due to normal savings, under/non-utilization & surrender of funds for the financial year 2011-12 asdesired by the Standing Committee on Finance in its 33rd Report.
DEPARTMENT OF DISINVESTMENTINTRODUCTION
The Department of Disinvestment is mandated the followingwork:-
(1) (a) All matters relating to disinvestment of CentralGovernment equity from Central Public SectorEnterprises(CPSEs);
(b) All matters relating to sale of Central Governmentequity through offer for sale or private placementin the erstwhile CPSEs;
Note: All other post disinvestment matters,including those relating to and arising out of theexercise of call option by the strategic partner inthe erstwhile CPSEs, shall continue to be handledby the administrative Ministry or Departmentconcerned, where necessary, in consultation withthe Department of Disinvestment.
(2) Decisions on the recommendations of DisinvestmentCommission on the modalities of disinvestment,including restructuring;
(3) Implementation of disinvestment decisions, includingappointment of advisors, pricing of shares, and otherterms and conditions of disinvestment;
(4) Disinvestment Commission;(5) CPSEs for purposes of disinvestment of Government
equity only; and(6) Financial policy in regard to the utilization of the
proceeds of disinvestment channelised into the NationalInvestment Fund. (inserted through amendment dated12 January 2006 to the Allocation of Business Rules)
The Department is headed by Secretary (Disinvestment) whois assisted by four Joint Secretaries. There is also a post of ChiefExecutive Officer, National Investment Fund.
193 Outcome Budget 2013-2014
STAT
EM
EN
T O
F O
UT
LAY
S A
ND
OU
TC
OM
ES
2013
-14
S. No. 1
1. 2.
Nam
e of
the
Sche
me/
Prog
ram
e
2
Dis
inve
stm
ent
ofG
over
nmen
t of
Indi
a sh
areh
oldi
ngin
Cen
tral
Pub
licSe
ctor
Ent
erpr
ises
.
Wri
te
back
of
amou
nts w
ith A
MC.
Obj
ectiv
e/O
utco
me
3
To ra
ise re
sour
ces a
s wel
l as
unlo
ck tr
ue va
lue o
f CPS
Es.
Out
lay
2013
-14
(` in
Cro
re)
44(
i)4(
ii)4(
iii)
Non
-Pl
anC
EB
RPl
an B
udge
tB
udge
t
54.9
7...
...
Qua
ntifi
able
Del
iver
able
s/Ph
ysic
alO
utpu
ts5
`
40,
000
cror
e.
` 18
14 c
rore
.
Proj
ecte
dO
utco
mes
6
To
achi
eve
wid
edi
sper
sal o
f ow
ners
hip
of C
PSEs
.
To e
nhan
ce p
eopl
eow
ners
hip
of C
PSEs
.
Impr
ove
corp
orat
ego
vern
ance
.
Wil
l be
m
ade
avai
labl
e fo
rut
iliz
atio
n fo
rob
ject
ive
indi
cate
d in
NIF
Proc
esse
s/Ti
mel
ines
7
Disi
nves
tmen
t dep
ends
on
appr
oval
s by
Gov
ernm
ent,
and
then
by S
EB
I, R
BI
etc,
incl
udin
g pre
pare
dnes
sof
CPS
Es
No
stric
t tim
elin
es ca
nbe
pres
crib
ed. H
owev
er,
a ro
adm
ap is
pre
pare
dby
Dep
artm
ent w
hich
is m
onit
ored
on
are
gula
r bas
is.
1475
.00
cr. -
Apr
. 201
3
339.
00 cr
. - D
ec.,
2013
Rem
arks
/R
iskFa
ctor
s
8
-Re
quisi
te nu
mbe
rof
ind
epen
dent
dire
ctor
s no
tap
poin
ted
onth
e Boa
rd.
- Vo
latil
ity i
n th
est
ock
mar
kets
-D
omes
tic
&In
tern
atio
nal.
194Outcome Budget 2013-2014
195 Department of Disinvestment
REFORM MEASURES AND POLICY INITIATIVES
The following measures have been taken this year to makethe process of disinvestment more efficient and transparent.
Ø Buyback: On 07.02.2012 SEBI amended the guidelinesrelating to buyback of securities to provide for tenderingof the shares by all shareholders in proportion to theirshareholding. This is just like the provisions relating toRights Issue of Shares by companies. Through thisamendment the provisions have been made equitable toall shareholders compared to a favourable treatment tosmall shareholders. CPSEs have been enabled to usesurplus funds to buyback their share and buy shares ofother CPSEs from Government.
Ø Exchange Traded Fund: On the part of theDepartment of Disinvestment, an innovative methodfor disinvestment is being looked into. The newmethod, Exchange Traded Fund (ETF) based on
CPSE shares when launched, would provide investors,particularly the small investors, an opportunity to buya product that will represent number of public sectorshares, comprising the basket of ETF and thus, therisk gets minimized. For the Government, this methodwould provide an additional mechanism formonetization of its stakes in CPSEs in a stock neutral,time-efficient and non-disruptive manner.
Ø National Investment Fund: The National InvestmentFund has been restructured to utilize disinvestmentproceeds for recapitalization needs of CPSEs, PublicSector Banks and Public Sector Insurance Companies.The proceeds could also be used to subscribe to sharesof CPSEs on rights basis or on preferential basis, soas to ensure that Government’s shareholding in theCPSEs does not fall below 51%.
196Outcome Budget 2013-2014
REVIEW OF PAST PERFORMANCE
The Department of Disinvestment has no plan or non-planscheme. The entire Budget of the Department is under non-planfor payment of salary, wages, professional services and otheradministrative expenses, etc. The Budget Estimate for thefinancial year 2012-13 for the Revenue was ` 63.24 crore andRevised Estimate for financial year 2012-13 is ` 25.83 crore.
1. (i) Disinvestment transactions completed during 2012-13(upto February, 2013).
(a) National Buildings Construction CorporationLtd. (NBCC) – Disinvestment of 10% paid-upequity capital of the Company through a InitialPublic Offer in the Domestic Market. Governmentof India shareholding has come down from 100%to 90%. Government realized an amount ofRs.124.97 crore. The company got listed on thestock exchanges.
(b) Hindustan Copper Ltd. (HCL) – Disinvestmentof 5.58% paid-up equity capital of the Companythrough Offer for Sale in the Domestic Market.Government of India shareholding has come downfrom 99.59% to 94.01%. Government realized anamount of ` 807.02 crore.
(c) National Mineral Development CorporationLtd. (NMDC) – Disinvestment of 10% paid-upequity capital of the Company through Offer forSale in the Domestic Market. Government of Indiashareholding has come down from 90% to 80%.Government realized an amount of 5973.27 crore.
(d) Oil India Ltd. (OIL) – Government hasdisinvested 10% paid-up equity capital of Oil IndiaLimited out of Government’s holding of 78.43%through an “Offer for Sale in domestic market.Government realized an amount of 3141.51 crore.
(e) National Thermal Power Corporation Ltd.(NTPC) - Government has disinvested 9.50% paidup equity capital in NTPC out of Government’sshareholding of 84.50% through offer for sale indomestic market. Government realized an amountof `11457.54 crore.
(ii) Disinvestment transaction(s) under implementation:
(a) MMTC Limited (MMTC) – Government hasapproved disinvestment of 9.33% paid-up equitycapital of MMTC out of Government’s holding of99.33% through an “Offer for Sale of Sharesthrough Stock Exchanges” as per SEBI Rules andRegulations. Transaction is likely to be completedduring current financial year.
(b) Bharat Heavy Electricals Ltd. (BHEL) -Government has approved disinvestment of 5%equity out of Government shareholding. DRHP
was filed with SEBI on 30.09.11. The Issue couldnot be launched due to non-availability of requisitenumbers of Independent Directors. Due torestrictions imposed on investor relations activity,the DRHP filed with SEBI has been allowed to bewithdrawn by the Company. As SEBI has nowprovided auction route for sale of shares, thepossibility of the same in respect of BHEL is underconsideration. A decision to commence with thetransaction is yet to be taken in consultation withDepartment of Heavy Industry.
(c) Rashtriya Ispat Nigam Ltd. (RINL) - Governmenthas approved disinvestment of 10% paid up equitycapital of RINL. The RHP was filed with SEBI on27.09.2012. Preparatory action for appointmentof advisors has been completed. The Issue has beendefered for the time being.
(d) Steel Authority of India Ltd. (SAIL) - Governmenthas approved disinvestment of 10.82% paid upequity capital of SAIL out of GoI shareholdingthrough Stock Exchanges Mechanism. TheMerchant Bankers/Selling Brokers and LegalAdvisers for the Issue of SAIL have beenappointed.
(e) National Aluminium Company Ltd. (NALCO) -Government has approved disinvestment of12.15% paid up equity capital in NALCO out ofGOI’s holding of 87.15% through an ‘Offer forSale of Shares through Stock Exchanges’ as perSEBI Rules and Regulations. Merchant Bankers/Selling Brokers and the Legal Advisors for theIssue have been appointed. The OFS transactionwould be carried out after there is clarity withregard to the improvement in the performance in3rd quarter.
(f) Hindustan Aeronautics Ltd. (HAL) - Governmenthas approved disinvestment of 10% paid up equityin HAL out of GOI’s shareholding of 100%through an Initial Public Offering(IPO). The BookRunning Lead Managers and Legal Counsels tothe Issue have been appointed. Issue is expectedin financial year 2013-14.
(g) Rashtriya Chemicals and Fertilizers Ltd. (RCF)- Government has approved disinvestment of12.5% paid up equity in RCF out of GOI’sshareholding through stock exchange mechanism.The procedure for appointment of MerchantBankers/Selling Brokers is in progress.
(h) Neyveli Lignite Corporation Ltd. (NLC) -Proposal for disinvestment of 5% paid up equityof NLC out of GOI’s shareholding of 93.56%
197 Department of Disinvestment
II The Budgeted targets for disinvestment receipts and the amounts realized through disinvestment in CPSEs during2011-12 and 2012-13 (upto February, 2013) are given below:-
Year Budgeted targets Proceeds from RemarksDisinvestment
(` in crore) (` in crore) (` in crores)
2011-12 40000.00 13894.07 Power Finance Corporation Ltd. : `1144.55Oil & natural gas Corporation Ltd. : `12749.52
2012-13 30000.00 21504.31 National Building Construction Corporation Ltd. : `124.97Hindustan Copper Ltd. : `807.02National Mineral Development Corporation Ltd. : `5973.27
Oil India Ltd. : `3141.51
National Thermal Power Corp. Ltd. : `11457.54
III A sum of `1,15,47,67,364 has been received as income generated from Tranche-I of National Investment Fund at the endof November, 2012. Income from tranche-II will be received by 27.03.2013 and hence RE 2012-13 & BE 2013-14 may betaken as `196.00 crore as income from NIF.
through an Offer for Sale(OFS) has been mooted.Merchant bankers/Selling brokers and LegalAdvisors for the OFS in NLC transaction have beenappointed. Transaction is likely to be carried outin financial year 2013-14.
(i) Engineers India Ltd. (EIL) – Government hasapproved disinvestment of 10% paid-up equitycapital in Engineers India Limited (EIL) out ofGovernment shareholding of 80.40% through aprospectus based Further Public Offering (FPO)in the domestic market. Transaction is likely to becarried out in FY 2013-14.
(j) State Trading Corporation of India Ltd. (STC) -A proposal for disinvestment of 5% paid-up equitycapital in STC out of Government of Indiashareholding of 91.02% through an “Offer for Saleof Shares through Stock Exchanges” as per SEBIRules and Regulations is under consideration.
(k) Tyre Corporation of India Limited (TCIL) -Pursuant to the passage of the TCIL(Disinvestmentof Ownership) Bill 2007 by the Parliament, theCCEA on 16th Nov. 2008 approved disinvestmentin TCIL through outright sale. Pursuant to theabove decisions, Department of Disinvestmentconstituted an Inter-Ministerial Group(IMG) on13th October, 2011 for guiding the process ofdisinvestment through strategic sale in TCIL. TheAdvisor, the Legal Advisor and the Asset Valuerfor the transaction have been appointed. Inresponse to Advertisement requesting Global
Expression of Interest for TCIL transaction issuedon 13th and 20th July, 2012, three parties havesubmitted their EOIs. IMG in its meeting held on22nd November, 2012 considered and approved theDraft Sale documents viz CIM, SPA, DD&DRRules and RFP for TCIL transaction. Site visitsand due diligence by the bidders were completedin December, 2012.
(l) Scooters India Limited (SIL) - On a Cabinet Noteon revival of Scooters India Limited (SIL)sponsored by the Department of Heavy Industry,the Cabinet on 19.05.2011 inter-alia approved thetransfer of entire Government equity of 95.38% inSIL to a suitable strategic partner through theDepartment of Disinvestment and to introduce aresolution in both Houses of Parliament toauthorize the Government to identify and induct astrategic partner through DOD for SIL. The actualprocess of disinvestment in SIL to be carried outby DoD, would commence after the resolution isintroduced in and passed by the Parliament (forwhich action is being taken by DHI). DHIintroduced a resolution during Monsoon Session2011 of Parliament to facilitate induction ofstrategic partner. However, due to subsequentdevelopments, the resolution so introduced waswithdrawn. The DHI on reconsideration of thematter, has proposed revival of SIL on its ownthrough a draft CCEA Note sponsored by them inthat regard. A decision in the matter is pending.
FIN
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198Outcome Budget 2013-2014
199 Department of Disinvestment
Annexure
Demand No. 45 – Department of Disinvestment (Earlier 44)
During the financial year 2011-12 against a budgetary provision of 62.63 crore, an expenditure of 35.26 crore was incurredresulting in a savings of `27.37 crore.
These savings have been segregated into the following categories:-
(i) Normal savings : Savings resulting from economic use of Resources
Normal Savings : `0.17 crore (less requirement of administrative expenses)
(ii) Under/Non utilization : Savings due to non-implementation/delay in execution of projects/schemes
`27.20 crore (Due to Non completion of Public Offerings)
Note:- This annexure is included in compliance of O.M.No.7(1)-B(AC)/2011 dated 23rd March, 2012 of Budget Division regardingsegregation of savings due to normal savings, under/non-utilization & surrender of funds for the financial year 2011-12 asdesired by the Standing Committee on Finance in its 33rd Report.
200Outcome Budget 2013-2014
OR
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I.A
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elat
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to D
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unde
r M
in/D
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:-
Rai
lway
s-
Ship
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-C
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Avia
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-W
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Res
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Com
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&In
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-In
form
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II.
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s &
fol
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up
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(V
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VSS
) iss
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(Res
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)-
Inve
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Com
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III.
Gri
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I.A
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atte
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to D
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in C
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/Dep
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ines
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gric
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Con
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ffairs
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d &
Publ
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istri
butio
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Fina
nce
II.
Mat
ters
rel
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:-
Gen
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Adm
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tratio
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Esta
blis
hmen
t-
Parli
amen
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R&
I-
Bud
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-C
ash
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-M
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III.
Disi
nves
tmen
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ta m
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I.A
ll m
atte
rs r
elat
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to D
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in C
PSE
s und
er M
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-H
eavy
Ind
ustri
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Publ
ic E
nter
pris
es.
-D
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Ene
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-Sc
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Tec
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-N
ew &
Ren
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nerg
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Urb
an D
evel
opm
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Urb
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verty
Alle
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icro
, Sm
all &
Med
ium
Ente
rpris
es I
ndus
tries
-H
ealth
& F
amily
Wel
fare
II.
Nod
al O
ffic
er fo
r-
e-go
vern
ance
-IT
-D
oD w
ebsit
e-
IPv6
Pol
icy
impl
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tatio
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III.
App
ella
te A
utho
rity
und
er R
TI
IV. P
olic
y
*C
hief
Exe
cutiv
e O
ffice
r, N
atio
nal I
nves
tmen
t Fun
d, a
dditi
onal
cha
rge
held
by
JS(S
C).