Patna, (Bihar Times): Though the deputy chief minister of Bihar claimed on the last day of the current assembly session last Friday that the state is making steady economic growth the Reserve Bank of India report has something else to say. It says that Bihar continues to remain at the bottom of the table among the non-special category states, with its expenditure towards payment of interest, administrative services and pension, exceeding its own revenue resources.

According to RBI’s report on states’ finance Bihar’s committed expenditure towards interest payment, administrative and pension payments is almost twice (180 per cent to be precise) than state’s own revenue resources.

The situation is worst in North-East states, which are included in the special category states and thus receive additional aid from the central government. Nagaland is worst among them.

The report says that at all-India level states will consume 58.3 per cent of their own resources to pay for committed expenditure with interest payment accounting for 29.1 per cent followed by pension at 15.4 per cent and administrative services at 13.9 per cent during the current financial year.

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