Odisha posts 19 percent growth in revenue collection

Bhubaneswar: The State witnessed a 19-per cent growth in revenue collection by May-end during current financial year 2019-20 against the corresponding period of the last year.

It was revealed at a Secretary-level meeting held under the chairmanship of Chief Secretary AP Padhi at the State Secretariat here on Wednesday.

While revenue of Rs 5,466 crore had been collected by May-end, 2018, during the last year, Rs 6,505 crore had been collected during the corresponding period. Of this year’s collection, the State’s own tax stands at Rs 4,275 crore collected at a growth of 9.25 per cent and nontax of Rs 2,247 crore gained at a growth rate of 43.21 crore. In the nontax revenue, mining revenue grew by 51.18 per cent and water cess from industries grew by 16.22 per cent.

It was revealed that budgetary expenditure was 19 per cent less by May-end this year compared to May-end in 2018 in view of the imposition of the election code.

Reviewing revenue management of different departments, Padhi directed the Secretaries to emphasise on optimum utilisation of the budgetary allocations and expedite field-level action plans. He directed the department to prepare annual action plans by June 17.

Stressing on achievement of the Sustainable Development Goals, Development Commissioner Asit Kumar Tripathy informed that there are 306 standards set at national level for achieving the goals. These standards are meant for 18 departments. He asked the departments to select standards appropriate for Odisha and make time-bound action plans.

Informing that the Annual Budget 2019-20 would be tabled in the State Assembly on June 28, Finance Secretary Ashok Kumar Meena asked all departments to inform him about their new action plans soon. He too advised the departments, public undertakings and autonomous bodies to make purchases through the online ‘gem portal’. By now, 918 users have been registered with the portal.

Among others, Agriculture Production Commissioner Gagan Kumar Dhal, ACS Raj Kumar Sharma and ACS Suresh Chandra Mohapatra were present.

 

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