Full formGovernment & Exams
UREstands forUnspent Revenue Expenditure
Full Form of URE
What is URE?
Unspent Revenue Expenditure, commonly abbreviated as URE, refers to the portion of the government's allocated revenue expenditure that remains unutilised at the close of a financial year. In India, this concept is particularly important in the context of central and state government budgeting, where funds are sanctioned under various revenue heads such as salaries, subsidies, grants, and interest payments. When ministries or departments fail to fully utilise their sanctioned revenue expenditure, the leftover amount reflects poor budget planning, slow project execution, or administrative bottlenecks. The Comptroller and Auditor General (CAG) of India frequently analyses URE figures to assess fiscal discipline and the efficiency of government spending. URE is closely monitored by the Ministry of Finance and is often discussed in parliamentary debates on demand for grants. For students preparing for UPSC Civil Services, SSC, and state public service examinations, understanding URE is essential as it forms a key part of public finance and budgetary control topics.
URE का फुल फॉर्म
अव्ययित राजस्व व्यय
Example
The CAG report highlighted a significant amount of unspent revenue expenditure across several ministries, indicating delays in implementing welfare schemes during the financial year.
URE — frequently asked questions
What is the full form of URE?
URE stands for Unspent Revenue Expenditure, which refers to the portion of the government's sanctioned revenue expenditure that remains unutilised at the end of a financial year.
Why is Unspent Revenue Expenditure a concern in India?
High URE indicates poor budget execution, delayed implementation of welfare schemes, and underutilisation of funds meant for public services and development programmes.
How is URE monitored in the Indian government?
URE is monitored by the Ministry of Finance through quarterly expenditure reviews, and the Comptroller and Auditor General (CAG) regularly reports on unspent balances of various ministries and departments.