In his analysis, “ >A mid-year assessment that does not surprise ” (‘Business Review’ page, Dec.29), the writer (like some others before him) has alleged that the UPA government “took credit for revenue receipts accruing in the next financial year and pushing expenditure items including subsidies to the next financial year”. Anyone familiar with government accounts knows that a government cannot take credit for revenues not actually received in a financial year: the Controller of Government Accounts will reject such suspect revenues. Further, despite denials by the government, no one has so far pointed out any item of expenditure in 2012-13 or 2013-14 that was “pushed” into the next financial year. Will the writer please substantiate his allegations with evidence, including the ‘head of expenditure’ and the ‘amount’?
P. Chidambaram,
Chennai