UP Mining Dept set to record increase in revenue
The Uttar Pradesh mining department is set to generate significantly higher revenue during the 2023-24 financial year than the previous fiscal.
The Uttar Pradesh mining department is set to generate significantly higher revenue during the 2023-24 financial year than the previous fiscal.
Notably, this is the highest ever capital expenditure for the given time period.
"Pre-budget meetings chaired by the secretary (Expenditure) shall commence on October 10, 2022," the Budget Division of the Department of Economic Affairs said.
MCL registered OBR at 16.68 Million Cubic Meters (MCuM) in the month of June 2022 as it posted the highest ever OBR figures of 51.80 MCuM for the Q1 of FY'23 with a growth of 19.6%.
Petroleum products (113.21 per cent), Electronic goods (64.04 per cent) and Chemicals (26.71 per cent) led the way in a high increase in exports during April 2022.
Consequently, the reverse repo rate, at which the RBI borrows from lenders, stood at 3.35 per cent.
For the financial year 2020-21, a sum of Rs 31,493 crore has already been released which is more than 50 per cent of the budget estimate of the current Financial Year.
Every government servant is required to submit annual declarations of income, assets and expenses for the financial year ending June 30.
The company reported 21.3 per cent growth in revenue to Rs 15,990 crore in the quarter under review compared to Rs 13,178 crore in the year-ago period, as per Ind-AS accounting norms.
The fiscal year begins October 1, 2019, and the USCIS started receiving the visa petitions from April 1.