Page:Indian Journal of Economics Volume 2.djvu/594

 EOOlOMIO DEVELOPMENT Tsn III PBOFIT AND LOSS ACCOUNT (0,000% omitted) 1,70,4 1,50,0 Interest from misee- 11sus advances in Indis, and invest- ment of Itsserves in London Famine Belief Fund Profits of Commercial Services Interest on ordinary debt Interest on Savings. Bank Dsposits, and miscellaneous 17,26,4 67,8 funds, loans and deposits Famine Relief ponditure 1,08,4 '2,8,1 Famine Belief, bahnee to Capital Account 1,1,9 Loss on State Be- venue and Expon- diture (from Table I) 1,$8, Unexponded Pro- vincial Balances placed on deposit 3,59,6 Bslsn, being net gain to Imporisl Funds (carried to Capital Account) Rs. a0,46,8 20,46,8 The Government of India has lent large sums of money to the various Provincial Governments for the purpose of their lending them again to municipalities, rulers of Native States, and large zemindars, to Court of Wards estates and to loans. The interest on all cultivators as "takavi" such loans appears as the first item on the receipt side. On the payment side appears the interest on ordinary debt, which is he remainder after deducting roln the otal debt, the grand toal capRal expendRure to dae on State railways and irrigation works. By curtailing expendRure on spocial works and expansion of education, several Pro-