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Budget allocation to coal ministry dips 5 pc to Rs 882 cr in 2020-21

Feb 1, 2020, 15:55 IST
PTI
New Delhi, Feb 1 () The Budget allocation for the coal ministry has registered a decline of 5.4 per cent to Rs 882.61 crore in 2020-21, from Rs 933.60 crore in 2019-20.

The decline has been over the revised estimates of the 2019-20 Budget, according to Budget documents.

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While the expenditure was at Rs 1,159.05 crore for 2019-20, in case of 2018-19 (actual) it was Rs 708.34 crore, it added.

The bulk of increase in the Budget allocation for 2020-21, was towards central sector schemes -- the schemes that are entirely and directly funded and executed by the central government.

The expenditure budget of Rs 882.61 crore in the 2020-21, includes Rs 819.98 crore on central sector schemes/projects and Rs 22.35 crore on Coal Mines Pension Scheme.

The investment in public enterprises, including Coal India, has increased from Rs 18,467 crore in budget 2020-21, over the revised estimate of Rs 18,121 crore in 2019-20. SID DRR

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
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