I have waited for over 6 months to see detailed documents of Tamil Nadu budget on the net. The government quoted a silly reason that Election 2014 delayed the Budget presentation and subsequent delay in posting documents on net, on my RTI inquiry.
In the Year 2014-15, the state's Revenue is projected at Rs. 99,919 Crores. This is much less than what they projected 2 years back in advance projections as Rs. 108,545 Crores. The budget has not released the Salaries and Pensions for Government employees for 2014-15. However, it has revised it previous estimate of Salaries and Pensions from Rs. 42,000 Crore to Rs. 49,600 Crore, for the year 2013-14. This is a big surprise and astounding, that why would a fixed spending of Salaries would go up that much increase!. I do estimate the Salaries and Pensions of Govt for its employees, would be around Rs. 54,000 Crore. I had mentioned earlier in my previous blogs that the ration of Salaries and Pensions reached 49% to the Government's Revenue Income, before borrowings and Central provisions. Let's take a look at the ration of Salaries&Pensions to Revenue, this year 2014-15 at Rs. 54, 000 Crore to Rs. 99,919 Crore. The percentage is at 54%. Oh, My God!!!. Why would the People of Tamil Nadu not informed that 54% of Govt's income is spent for Govt. Employees, compared to 49% last year!!!!. TN govt employs about 12 Lakh people. Govt spends 54% for 12 Lakhs. Remaining 46% for the 7 Crore population! This is the Himalayan Insanity!
In the Year 2014-15, the state's Revenue is projected at Rs. 99,919 Crores. This is much less than what they projected 2 years back in advance projections as Rs. 108,545 Crores. The budget has not released the Salaries and Pensions for Government employees for 2014-15. However, it has revised it previous estimate of Salaries and Pensions from Rs. 42,000 Crore to Rs. 49,600 Crore, for the year 2013-14. This is a big surprise and astounding, that why would a fixed spending of Salaries would go up that much increase!. I do estimate the Salaries and Pensions of Govt for its employees, would be around Rs. 54,000 Crore. I had mentioned earlier in my previous blogs that the ration of Salaries and Pensions reached 49% to the Government's Revenue Income, before borrowings and Central provisions. Let's take a look at the ration of Salaries&Pensions to Revenue, this year 2014-15 at Rs. 54, 000 Crore to Rs. 99,919 Crore. The percentage is at 54%. Oh, My God!!!. Why would the People of Tamil Nadu not informed that 54% of Govt's income is spent for Govt. Employees, compared to 49% last year!!!!. TN govt employs about 12 Lakh people. Govt spends 54% for 12 Lakhs. Remaining 46% for the 7 Crore population! This is the Himalayan Insanity!
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