Telanganais second in the country in terms of per capita development expenditure (PCDE), according toSocio-Economic Survey(2023) released by finance minister T Harish Rao.
Goa tops the list with PCDE of 59,770,
followed byTelangana(26,897) and Karnataka (24,040). On the other hand, the countrys PCDE is 20,233, on an Average. A states PCDE is calculated by dividing its development expenditure by its Population.The development expenditure component of includes spending on both social (Education, Health, welfare, and housing) and economic Services (Agriculture-notes-for-state-psc-exams”>Agriculture, Forestry, Industry, transport, etc.). Spending on general services is included in non-development expenditure (fiscal services, administrative services, etc.). Telangana has the highest share of development expenditure in total expenditure (78.1%) among Indian states during the 2018-21 period. During the same period, the average share of development expenditure average of the country was 68.4%.
Capital expenditure, on the other hand, is usually one-time and spread over a long period of time, either resulting in the creation of an Infrastructure asset. The states estimated capital expenditure for financial year 2022-23 is 67,584 crore (26%).
During 2018-21, the states economic services expenditure, as a share of development expenditure, was 46.3%, which was close to Indias share of 44.6%. Similarly, during the same period, the states
social service expenditure, as a share of development expenditure, was 53.7%, which was close to Indias average of 55.4%.