REVENUE AND EXPENDITURE.
649
The finance accounts of India laid before Parliament in the session of 1870 stated the gross revenue in the year ending the 31st of March, 1869, at 49,262,691/.; and the expenditure at 53,407,334/., in- cluding refunds and drawbacks, charges of collection, and direct claims on the revenue. The estimates for the year ending March 1870 differed little from the actual revenue, which had been calcu- lated at 52,242,940/.; but the expenditure, set down at 55,756,090/., was surpassed to the amount of 428,729/. In the estimates for the year ending March 31, 1870, the total revenue was calculated at 52,327,755/., and the total expenditure at 55,226,615/., leaving a deficit of 2,898,860/.
The subjoined tables exhibit the estimated and actual sources of the revenue of India for the fiscal year 1869-70, and the estimated and actual branches of expenditure for the same period, as well as the budgets of revenue and expenditure for the fiscal year 1870-71 :
Revenue of India.
Estimates,
Actual,
Budget,
Sources of Revenue
1869-70
1869-70
1870-71
£
£
£
Land revenue ....
21,075,500
21,537,278
21,023,632
Tributes and contributions from
native states
693,200
765,143
737,073
Forest
436,600
476,090
588,780
Abkaree (Excise)
2,289,000
2,245,700
2,285,000
Assessed taxes
900,000
1,051,600
2,180,000
Customs .....
2,773,500
2,416,500
2,416,500
Salt
5,826,800
5,842,350
6,177,370
Opium .....
8,286,540
7,953,800
6,922,281
Stamps .....
2,396,900
2,364,600
760,000
Mint
136,800
158,340
139,970
Post-office ....
687,500
714.077
750,590
Telegraph ....
244,000
238,000
193,056
Law and justice
865,100
782,100
2,474,800
Police .....
301,400
265,960
251,966
Marine .....
248.500
300,530
265,615
Education ....
83,400
73,958
78,574
Interest ....
289,600
356,850
365,321
Miscellaneous ....
Total, ordinary revenue .
Army .....
966,700
1,415,172
737,874
48,501,040
48,958,048
48,348,402
732,000
913,760
736,225
Public works ....
153,600
156,500
117,870
Railways .... Grand total
2,856,300
2,914,174
3,125,258
52,242,940
52,942,482
52,327,755
