Bhubaneswar: Inability of different departments of the State to spend the Integrated Action Plan (IAP) funds, the State Government is likely to loose as much as Rs 2,000 crore by the end of the financial year.
Sources said, while the State’s Annual Plan outlay was Rs 13,000 crore for implementation of different schemes, but by December 2011 the expenditure was only 52 per cent.
The issue was discussed in an all-secretaries meeting chaired by B K Patnaik, Chief Secretary on Friday.
Sources said, huge amount of money remained unspent in departments like Water Resources, Works, Energy and Housing and Urban Development. Still then an additional Rs 1,480 crore was provided in the supplementary budget to various departments, which asked for money for various schemes.
Various reasons such as non-implementation of schemes, non-approval of projects and delay in approval of action plan were put forward for the low expenditure. Even though the State Government is increasing the outlays of different departments every year, no proper steps are taken to ensure timely expenditure.
The Water Resources Department, is one of the department which is likely to surrender more around Rs 300 crore. This Department has spent less than Rs 1, 000 crore for the last three years, although it is one one of the department that is allocated highest funds in every budget. Similarly the Department of Works would be surrendering Rs 250 crore, sources said.
Like wise the Energy Department, would be surrendering a huge amount of money as it has been able to spend only 15 per cent of the Annual Plan by December last.