In the year 2010-11, the target revenue of the PDD was 1209 Cr. rupees while the actual revenue received by the department was 822 Cr. rupees. The expenditure on the power purchase during that year was 2310 crores. The deficit during that financial year was recorded as 1488 crores.
The details also reveal that there has been no serious effort by the government to minimise the losses and year after year, the losses have only swelled. What could put the helmsmen in the state in a tight spot is the inaction of the state dispensation in acting against the losses and saving the public money from getting draining with such a dreadful flow.
What could put the helmsmen in the state in a tight spot is the inaction of the state dispensation in acting against the losses and saving the public money from getting draining with such a dreadful flow. The documents in possession reveal that steadily rising gap between the revenue expenditure of the Power Development Department and the revenue receipts is the most significant structural imbalance in the budget of the government and the drain in the resources with could otherwise be deployed for the developmental outlays. Records reveal that during the year 2009-10, the target revenue of the PDD was 1065 Cr. rupees while the actual revenue received by the department was no more than mere 702 Cr. rupees. The expenditure on the power purchase during that year was 1997 crores, hence leaving the deficit of 1295 Cr. rupees.
In the year 2010-11, the target revenue of the PDD was 1209 Cr. rupees while the actual revenue received by the department was 822 Cr. rupees. The expenditure on the power purchase during that year was 2310 crores. The deficit during that financial year was recorded as 1488 crores. For the year 2011-12, the target revenue of the PDD was 1486 Cr. rupees while the actual revenue received by the department was no more than mere 1007 Cr. rupees. The expenditure incurred upon the power purchase during that year was a whooping 3000 crores. The state exchequer during that year was drained by rupees 1993 crores by the PDD. In the year 2012-13, the target revenue set by the PDD was 2387 Cr. rupees while the actual revenue received by the department merely 1589 Cr. rupees. The expenditure on the power purchase during that year was 3870 crores.
The loss incurred during the year 2012-13 was 2281 crores. Details in possession reveal further that during the financial year of 2013-14, the target revenue set by the PDD was 2841 crore rupees while it received mere 1533 crores. The expenditure incurred upon the power purchase during that year was 3738 crores and the state in that one year lost 2205 crores. The documents reveal further that every year as the amount which is being spent over the purchase of power has increased in the state, the revenue collection has been dropping seriously.
The details also reveal that there has been no serious effort by the government to minimise the losses and year after year, the losses have only swelled. What could put the helmsmen in the state in a tight spot is the inaction of the state dispensation in acting against the losses and saving the public money from getting draining with such a dreadful flow. Sources reveal that there was no major initiative taken by the government to equip the PDD with manpower so that the revenue collection of the department could increase and the state could be saved from losing more than nine thousand crores in just five years.
