Maharashtra could spend only 45% of budgetary allocation in FY17: Fadnavis

State outlay for 2016-17 was Rs 3 lakh cr; actual funds received stood at Rs 2 lakh cr

The Maharashtra Government could spend only 45% of total Budgetary allocation made for fiscal 2017 as the model code of conduct was in force for four months in entire year, Chief Minister Devendra Fadnavis said today.

"There was a model code of conduct in effect for four months in Maharashtra. Hence the state (government) could spend only 45% of its budgetary allocation for the financial year 2016-17," Fadnavis told PTI.

Last month, elections were held in two phases for 25 zilla parishads, 283 panchayat samitis and 10 municipal corporations.

"It affected our (Budgetary) expenditure," the CM said.

A recent note by the Finance Department revealed that only 45% of its total allocation of Rs 3 lakh crore was utilised.

The state's Budgetary outlay for 2016-17 was Rs 3.04 lakh crore. However, the actual funds received by all the departments stood at Rs 2.06 lakh crore.

As per the note, out of this total amount of Rs 2.06 lakh crore, Rs 1.38 lakh crore was spent on various schemes, which stood at 45.63 per cent of the total outlay.