By: Sajidah Yousuf
Srinagar: In the past two Financial Years (FY), the department of floriculture Kashmir has witnessed a dip of nearly 54 percent in revenue generation as compared to the five financial years from 2014-2019.
The officials of the Department of Floriculture Kashmir said that in past two financial years, there has been a continuous dip of 53.96 percent in revenue generation as compared to the previous five financial years.
According to the official figures, since the financial year 2014-15 to 2018-19, a total amount of Rs 26.89 crores were generated from various gardens and structures falling under the department.
However, in the past two financial years that includes 2019-20 and 2020-21, a total of Rs 4.95 crores of revenue was generated by the department.
The documents reveal that in the past seven financial years, a total of Rs 31.84 crores were generated by the department.
The breakup-wise figures of Department of Floriculture Kashmir states that in the financial year 2014-15, a total revenue of Rs 434.4 lakhs was generated by the department.
Similarly, in the financial year 2015-16, the department had generated a total of Rs 397.9 lakhs from the various gardens of their jurisdiction.
The figures further reveal that in the financial year 2016-17, a total of Rs 555.6 lakhs were generated by the department followed by the financial year 2017-18 wherein the department had generated a total of Rs 489 lakhs.
According to the official figures, among the past seven financial years, the highest number of revenue was generated in the 2018-19 in which the department made a collection of Rs 812.2 lakhs.
The two weak financial years according to the official figures are 2019-20 and 2020-21 wherein the department of floriculture generated only a total amount of Rs 288.1 lakhs and Rs 207 lakhs respectively—(KNO)
