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In Maharashtra, over 50% development fund yet to be used

In Maharashtra, over 50% development fund yet to be used

Tuesday, March 14, 2017, 11:01 AM

LESS THAN three weeks before the end of the financial year, more than half the funds budgeted for development work in 2016-17 remains unspent in Maharashtra, according to the state finance department’s website. Of the Rs 89,778 crore budgeted for Plan spending this year, Rs 46,809 crore remained unutilised till March 13. This roughly translates into non-utilisation of 52% of the budgeted amount.
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