BUDGET BY SHARED REVENUES 173
The standard revenues and expenditure of the quasipermanently settled provinces, after taking into consideration the alterations in their respective shares in the joint revenues, were as follows :—
S TANDARD R EVENUES AND E XPENDITURE
(in thousands of rupees).
| Province | Expenditure | Revenue | Col4 | Col5 |
|---|---|---|---|---|
| Revenues | Assignments | Total | ||
| Madras Bengal U.P. Assam | 3,50,48 4,98,87 3,66,64 72,07 | 2,90,82 4,49,84 3,62,64 60,07 | 5,966 4,903 400 1,200 | 3,50,48 4,98,87 3,66,64 72,07 |
The gain to the Imperial treasury on the revenue side brought about by the revision of the quasi-permanently settled Provinces was Rs. 2,06,000. But the revision also over-burdened the Imperial Government with a total charge of Rs. 36,000 hitherto borne by the Provincial Budget. Thus its net gain was only Rs. 1,70,000 a year on the normal.
As in the beginning of the scheme of Provincial Budgets, the government of India thought it advisable to make to the quasi-permanently settled Provinces the following initial grants so as to give them a fair start:—
| To Bengal, To Madras, To U.P., To Assam, | Rs. 50 lakhs. (Exclusive of 50 lakhs for Calcutta Universsity.) Rs. 50 lakhs. (Inclusive of 20 lakhs for survey settlement.) Rs. 30 lakhs. (Exclusive of 1¼ lakhs to compensate forexpenditure on the purchase of encumbered estates.) Rs. 20 lakhs. |
|---|
Of the remaining Provinces, Bombay and the Punjab were the next to obtain quasi-permanent settlements with effect from 1905-6.
In recasting their settlements the Government of India departed a little from the standard rate of division as applied to the Provinces quasi-permanently settled in 1904-5. With certain exceptions mentioned below the joint heads of revenue and expenditure were