Resource mobilisation hit, says CM

 
Speaking to reporters after a meeting with finance department officials, Yeddyurappa said that the shortfall in resource mobilisation had not affected developmental programmes. In fact, the plan expenditure had increased by 40 per cent compared to last year, he added.

The state had not received its share of taxes from the Centre on a timely basis, he charged.
The state government had estimated that it would mobilise Rs 32,721 crore from its own resources (state taxes) during 2009-10.

With the state's own revenue generators - commercial taxes, excise, stamps and registration and motor vehicles tax -- facing a dip due to economic slowdown, the state government has so far entered the market four times, in all, raising Rs 4,500 crore.

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