In Maharashtra, MPs got Rs 772 crore against Rs 1,200 crore entitlement
This shows that an average of 83.16 per cent of the amounts released to the MPs was spent on development works in the state.
During their tenure between 2014-2019, Maharashtra's 48 Lok Sabha MPs who were entitled to a total Rs 1,200 crore under the Members of Parliament Local Area Development Scheme, were sanctioned only Rs 722.50 crore by the ruling Bharatiya Janata Party at the Centre, according to latest official data.
However, an unspent amount of Rs 827.55 crore, already available with the district authorities in the state, saw the MPs recommending development works worth Rs 1,343.43 crore in the past five years.
Against the recommendations for various projects made by the MPs in their constituencies, the district authorities sanctioned only Rs 917.13 crore and the actual amount spent was Rs 642.43 crore, leaving a balance of Rs 185.04 crore.
This shows that an average of 83.16 per cent of the amounts released to the MPs was spent on development works in the state.
When compared to the entitlement of Rs 1,200 crore by the 48 state MPs, the final amount spent was barely half, or Rs 642.43 crore during the five-year tenure, indicating a huge amount has gone unutilized.
Watch This Zee Business Video
In terms of percentage of spending over actual amounts released, the MPs who spent maximum funds under MPLAD are: Gajanan Kirtikar (Mumbai North-West) 133.43 per cent, Rahul Shewale (Mumbai South-Central) 117.69 per cent, Rajeev Satav (Hingoli) 117.58 per cent, Poonam Mahajan (Mumbai North-Central) 104.29 per cent, Rajan Vichare (Thane) 101.08 per cent and Hemant Godse (Nashik) 100.98 per cent.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
08:59 PM IST