Accounting Jugglery

Only seventy-three, according to cent of Rs three,15,884 crores (overall capital expenditure) earmarked for the entire year changed into transferred to various government departments until the cease of January 2019, in keeping with the Controller General of Accounts records. In the remaining monetary, the government had transferred ninety-seven percent of its capital expenditure budget by using the quiet of January 2018. The Ministry of Road Transport and Highways obtained 69 consistent with cent (to this point) of its budgeted Rs sixty-eight,564 crore capital expenditure (whereas it had acquired ninety-five consistent with cent the previous year). Against 90 in step with cent the preceding 12 months, Railways has were given 68 in step with cent (Rs 53,060 crore), and the Ministry of Petroleum and Natural Gas got only 52 percent instead of closing year’s 99 in step with a cent. It might be untimely to conclude that ministries will not spend the entire amount; however, the numbers indicate the accounting jugglery that the finance ministries are doing to fulfill fiscal deficit objectives.

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