BANKING AFFAIRS

Detailed explanation-1: -Total Revised Estimates for expenditure in 2017-18 are INR 21.57 lakh crore (net of GST com-pensation transfers to the States) as against the Budget Estimates of INR 21.47 lakh crore.

Detailed explanation-2: -Budget Estimates 2017-18 Total expenditure estimated at Rs 21.47 lakh crore (US$ 317 billion), an increase of 6.57 per cent over previous year. Plan / Non-Plan classification to be done away with from 2017-18.

Detailed explanation-3: -7.28 lakh crore in RE 2022-23. The Statements of fiscal policy highlighted that the capex is almost 3 times of the capital expenditure in FY 2019-20. The key infrastructure and strategic Ministries such as Road Transport and Highways, Railways, Defence, etc. will lead in driving the capital expenditure in FY 2023-24.

Detailed explanation-4: -In RE 2022-23, the total expenditure has been estimated at ‘41, 87, 232 crore and is more than Actuals of FY 2021-22 by ‘3, 93, 431 crore. The total capital expenditure in RE 2022-23 is estimated at ‘7, 28, 274 crore.

Detailed explanation-5: -Budget Estimates for 2017-18 The expenditure in 2017-18 is proposed to be met through receipts (other than borrowings) of Rs 97, 896 crore and borrowings of Rs 21, 228 crore. Total receipts for 2017-18 (other than borrowings) are expected to be 14.7% higher than the revised estimate of 2016-17.