HYDERABAD: The state government is now focusing on how to earn more revenue to meet the huge pending expenditure including fee reimbursement.
With the state Cabinet’s decision to clear all pending dues, except PRC arrears to state government employees, chief secretary Rajiv Sharma on Monday held a review with the secretaries of all income generating departments on how to improve revenues.
Sharma chalked out a plan for effective finance management. Accordingly, the special chief secretaries would monitor three to four departments each.
He directed secretaries of income- generating departments to prepare income and expenditure statement for all departments.
The developmental and welfare works planned by each department and funds required department-wise were reviewed. The pending funds for Centrally sponsored schemes were also reviewed. In the first six months in the current budget, the state received `11,895 crore.
Rajiv Sharma directed officials to submit utilisation certificates for the Centrally sponsored schemes so that the Centre would release instalments.
“Though, we have submitted the utilisation certificates for the first instalment of backward district funds, the Centre did not release the second and third instalments amounting to `900 crore, whereas the Centre even announced third instalment to AP,” an official in the finance department told Express.
Other option before the state to augment revenues include revenue on land sales, which was dismal in last six months.
Another option was to clear the pending cases in courts to realise the money. However, this is feasible only on long term basis.
The government is also focusing on new income sources, including auction of mines.