Revenue, use of budget allocation up in state

Bhubaneswar: The state’s revenue collection in fiscal 2017-18 registered a 22 per cent growth till January compared to the corresponding period of fiscal 2016-17, the government said Tuesday.
Total revenue collection till January 2017 was around `22,895 crore, which increased to around `27,894 crore by January this year, Chief Secretary Aditya Prasad Padhi said after a meeting. He directed all departments to make expenses outcome oriented.
The state’s tax revenue grew by around 27 per cent with a total collection of around `21,959 crore. Non-tax Revenue grew by around seven per cent with a total collection of `5,934 crore, said finance department officials after the meeting.
Revenue collection from mining increased to around `4,698 crore registering a growth of around 37 per cent over the corresponding period last year.
During the meeting it was revealed that the fiscal performance of Orissa by January-end of the current fiscal has improved, with an increase in both major indicators like utilisation of budget allocations on different schemes and revenue generation. Padhi directed all departments to ensure 100 per cent deployment of budgeted allocations and to focus on the outcome of expenditures.
The review showed an overall increase of around eight per cent in budget utilisation by end-January in the current financial year compared to the corresponding period of the previous fiscal. Total programme expenditure up to January 2018 has been around `36,756 crore against `34,014 crore in January 2017.
Budget utilisation in the social sector has been `16,685 crore till January, against the spending of `14,425 crore during the same period last financial year, an increase of around 16 per cent.
Similarly, the expenditure on agriculture and allied sectors till January has been around `8,486 crore, around 0.15 per cent more than the expenditure of the corresponding period the previous year.
The budgeted amount used for the infrastructure projects of the departments of Works, Housing and Urban Development, Rural Development and Energy till January has been `9,015.25 crore. In toto, programme expenditure has gone up by 8.06 per cent by end-January 2018 compared to January 2017.

PNN

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