Question

In the fiscal year 2023-24, what is the estimated proportion of revenue receipts that the state will receive from the center, including both the state's share in central taxes and grants?

Q: Answer-In the fiscal year 2023-24, what is the estimated proportion of revenue receipts that the state will...

Total revenue receipts for 2023-24 are estimated to be Rs 57,057 crore, an increase of 10 over the revised estimate of 2022-23. Of this, Rs 24,744 crore 43 will be raised by the state through its own resources, and Rs 32,313 crore 57 will come from the centre. Resources from the centre will be in the form of states share in central taxes 20 of revenue receipts and grants 37 of revenue receipts.