Per capital devpt spend of state 2nd highest in country: Survey

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 ( Subscribe on YouTube

href="https://exam.pscnotes.com/education">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%.