BUDGET BY SHARED REVENUES 161
In the revision of 1887-8 the decisive factor was the unsatisfactory position of the Imperial Finances already referred to. To improve its financial position the shares in the joint heads were altered so that each Local Government was allowed to appropriate three-fourths of the stamps and one-fourth of the excise revenue, and required to bear the expenditure under those heads in like proportion. The proportions of land revenue were also altered so that three-fourths of it was made Imperial, and one-fourth Provincial. But the needs of the Imperial treasury were so great that the Government of India even revised some of the heads of the other two categories, namely, Salt, Customs, Interest, Irrigation and Railways, to
| its own advantage. The details of the treasury are as given below :— | gain to the | Imperial |
|---|---|---|
| Revenue | Imperial Share Increased —Decreased | Net Gain |
| Land Revenue ... ... Stamps (share reduced from ½ to ¼ ... ... Excise (share increased from ½ to 3/) ... ... 4 Salt revenue of Burma imperialized ... ... Customs revenue of Burma imperialized ... ... Assessed taxes—divided in moieties ... ... State Railways gross earnings— Nagpur Chhattisgarh Patna-Gaya ... ... Cawnpore-Achneyra Eastern Bengal, provincialized ... ... | 437,500 —810,000 947,500 5,000 155,000 —290,000 —310,000 —540,000 | 215,000 |
| Expenditure | Increased —decreased | Net Gain |
| Land Revenue, entire provincialization of survey and settlement Salt in Bombay imperialized ... ... Customs in Bombay imperialized ... ... State Railways— Working expenses:— Provincialized ... ... Imperialized ... ... Interest—Provincialized ... ... Imperialized ... ... Irrigation—Provincialised. Bengal ... ... ” ” Madras ... ... Add—Small items of accounts unenumerated ... | 145,000 —90,000 —50,000 305,000 —215,000 —70,000 —65,000 65,000 230,000 | 395,000 20,000 |
| ... ... ... |