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EXPENDITURE BUDGET 2024
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Total Budget 48,20,512 cr
Transfer to States - 3,22,787 cr
Revenue 1,60,000 aprox, capital 1,62,000 approx,
Pages No.151-153, Transfer to States
There will two transfers
1. revenue expenditure like taxes, and
2. special aid transfers
Our Conflict is if 15000 grant sanctioned to AP is loan or grant? So let us only look for amounts more than 15000 in these page numbers
It is for construction of the amaravathi capital, so let us look for capital expenditure column, not revenue expenditure.
After observing these three pages, I found only three heads which is more than 15000 and under capital exp transfer to states.. they are
1. Column 10: Special Assistance as Loan to States for Capital Expenditure 1,50,000 cr
2. Column 13 Additional Central Assistance for Externally Aided Projects (Block Loans) 33,900 cr
3. Under Social Services and others, Loans and Advances to State Governments 1, 62,408 cr
Other than these three, all are less than 15000 cr under capital expenditure for transfer to states, let us ignore all of them,,, now only two options I perceive…
1. Central government is just arranging with their influence and it is not mentioned anywhere in the budget about amaravati capital 15000 loan, so in that case it is direct loan of state from banks, if possible
2. Second option, as TV 5 murthy is discussing with his panel, using constitution as reference of Article 293 of Indian Constitution, the loan comes to consolidated account of the central government and if it is as for Article 293, the world bank loan will be deposited in central government account, then central government should transfer to ap as a special grant. In this case, no such amount is shown in the budget as special grant to states that more than 15000 cr, rather it is only mentioned central government transfers to states as loans, If it falls any other section as we identified more than 15000 cr amount in the budget under capital expenditure in Transfet to states account…
Whatever the case it may be, it will be a loan only….
Moreover listen to that audio again what Niramla said, about polavaram, she says it is our expenditure, it is national project, but for amaravati she said, something else…
Murthy always referring it as a repayment,
Article 293:
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TV5 Murthy
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