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