THE EVOLUTION OF PROVINCIAL FINANCE IN BRITISH INDIA - Page 192

BUDGET BY SHARED REVENUES 177

sufficiently final. How far their expectations were fulfilled may be judged from the annual surpluses and deficits in Provincial Finance and from the range in their deviations as indicated in the following table :—

P ROVINCIAL S URPLUSES A ND D EFICITS

Province 1904-5 1905-6 1906-7 1907-8 1908-9 1909-10 1910-11 1911-12
C.P.* ... Burma ... Assam† ... Bengal ... U.P. ... Punjab ... Madras ... Bombay... Rs. —701000 —1591796 —269316 —1252818 —869099 4794387 —1402344 4396000 Rs. 3235000 —2613890 —3720027 —1952312 —2879192 —2796052 220328 —42892 Rs. 1750607 1890516 —200140 —1877455 795600 —661214 1217745 1752202 Rs. —930617 —3129590 —2596682 —2256994 —3587066 —2408818 —44992 —308925 Rs. —3097865 —2060678 —2357687 —1330371 1007260 —1576981 2025109 —2618926 Rs. 721755 2515371 549270 3274065 2045221 1300559 1266326 7137996 Rs. 280556 1900297 5539698 3960612 3635904 4199121 2316383 7585460 Rs. 1214573 —1260040 5218802 6296233 144240 3398055 2938502 —541411

† Eastern Bengal and Assam since 1906.

Compiled from the Annual Finance and Revenue Accounts of the Government of India.

In judging of these results account must also be taken of the various benefactions made by the Government of India to the Provinces by way of grants-in-aid during the same period. These grants were as follows :—

I MPERIAL G RANTS - IN -A ID TO THE P ROVINCES

Province 1904-5 1905-6 1906-7 1907-8 1908-9 1909-10 1910-11 1911-12
C.P.* ... Burma ... Assam ... Bengal ... U.P. ... Punjab ... Madras ... Bombay ... Total ... Rs. 2853710 567500 ... 24794 136600 7526436 700946 10312928 Rs. 6957793 1845000 3362916 4806984 4036307 2467579 4430714 3427325 Rs. 110500 7219000 327294 475548 7641697 4209531 9980400 4024512 Rs. 2752010 682000 280030 1362634 9879667 5541529 9473304 4574284 Rs. 2903668 215253 2358947 4157393 8770345 6037990 704885 5726162 Rs. 3588270 1820952 4464435 5753692 1624329 5839014 612941 5797603 Rs. 3465500 4232742 4608965 6137013 4513729 9592844 3691426 12009360 Rs. 2080845 3605164 6100732 11131276 3136107 3101681 5008889 4935159
22122914 31334618 34982982 34543458 30874643 29502286 15475360 39099853

Compiled from the Annual Finance and Revenue Accounts of the Government of India.

But in taking account of these benefactions it must not be supposed that, barring a solitary case or two, they were necessary in order to preserve the solvency of Provincial finance as it was defined by the terms of the settlement made with the different provinces. Far from being insufficient, the revenues settled upon the different Provinces proved quite ample for their needs if we take the last years, and they are the most typical years, into consideration.

Permanent Settlements of 1912

Soon after the series of quasi-permanent settlements were concluded with the different provinces, the subject of Provincial and