FINANCE
135
Army Expenditure. — The expenditure in recent years is given as follows:
Tear ended March 31
1914 1915 1916
1917
£
19.7S9.239 20,336.559 B,MMI I 24.2C0.003
Tear ended March SI
1918 1919
1920 (Estimate)
1921 (Estimate)
£. 2S. 003, 904 42,907,293 55,483,300 BrUMM
Debt. — The debt of British India, bearing and not bearing interest, was 464,877,138*. at March 31, 1920, comprising 272,241,582*. in India, and 192,635,556*. in England.
Ont of India's contribution of 100,000,000*. to the cost of the war, 77,274,000*. representing the proceeds of the Indian War Loans raised in 1917 and 1918 have been paid to the British Government.
Finance of Separate Governments, and Local Finance. — The revenue and expenditure of each Government in 1918-19 were as follows : —
India (General) .... North-West Frontier Province
Madras
Bombav
Bengal
United Province* of Agra and Oudh
Punjab
Bnrma
Bihar and Orissa .... Central Province! ....
Assam
In England
Total . .
Revenue
Expenditure
R*.
Rs.
62,40,67,607
88,18,55,702
66,26,856
1,55,04,86$
19,22, 59,781
9,96,43,158
•26, 75.07,364
12.M, 08,684
25,52,34,107
8,54,64,767
12, 13,62.662
10,23/0,146
10,11,73,430
7.12.?
11,911,64,849
7,04.^
4,77,09,200
3,95,89,063
4,44,70.472
3,65. 01, 1*2
2,09,t.
1,89,63,714
3,84,34,940
35,44,42.42:.
1,83,88,66.210 .H.OSIZ.)
1,90.61,72,296 (127,078,U3I.)
The above excludes the revenue and expenditure of municipalities and of district and local boards. The income of the former is derived mainly from rates, octroi, taxes on houses, lands, vehicles and animals, tolls, and assessed taxes; and of the latter from leases on land. The revenue for 1918-19 of all municipalities which bank with Government treasuries was 7,082,939*. The expenditure was 6,658,408*. The revenue of district and local boards was 6,161,328*., and the expenditure 5,524,534*. The following table shows the amounts for the chief administrations in 1918-19 (in thousands of rupees) : —
Reven
ue
Expenditure
—
Munici-
District
Munici-
District
palities
Boards
palities
Boards
Madras ! 1,21,07
2,39,28
1,34,48
2.04,81
Bombay .
2.98,76
1,06,99
3,09,99
1,05,27
Bengal .
2,06,58
1,09,14
1.83,78
1,05,39
United Province*
1.19,01
1,35,78
1,04,51
1,17,80
Punjab .
I 84.55
94.91
70,85
81,43
Burma .
l,0:,4t!
69,83
82,89
58,65
Bihar and Orissa
33,60
85,25
33,17
77,70
Central Provinces
44,55
51,13
40,71
46,49
Assam 6,18
21,77
i,W
20,43