Odisha’s revenue collection grows 8.10%

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Bhubaneswar: Odisha’s revenue collection grows 8.10%. This can be attributed to systematic management of resources & robust tax collection.

Non-tax sectors collection grew by 10.46% while total collection is pegged at Rs 6186.48 crore. Collection from own tax sources is estimated at Rs 15,055 crore, growth of 7.16%

From mining sector, Odisha has earned Rs 5,207 crore against last years’ collection of Rs 4,580 crore by September end. Govt hopeful of achieving Rs 10,000 crore by 2019-20 FY.

This was known from all Secretaries’ meeting held under the chairmanship of Chief Secretary Asit Tripathy on Tuesday, wherein Finance Secretary Ashok Kumar Meena outlined the financial updates of the State for discussions.

Reviewing fiscal performances of various departments up to September, the Chief Secretary directed the departments to expedite budget utilisation and make up the backlog which was caused because of the model code of conduct for general elections.

The departments were also asked to make a realistic reassessment of the financial requirement for the current year keeping in view the Supplementary Budget 2019-20.

The Finance Secretary said the Supplementary Budget would be presented around mid-November. As per the dateline communicated earlier, the departments were asked to submit their requirements within a day.

Meena further advised that the anticipated savings, if any, should be surrendered by the departments for reallocations.

The Chief Secretary directed the departments to rearrange their spending patterns so as scale up utilization level to at least 60 per cent of the budgeted amount by end of December.

Development Commissioner Suresh Chandra Mohapatra advised the Secretaries to make the district visit programme more effective and outcome-oriented.

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