Bhubaneswar: Despite economic slowdown, state’s revenue collection increased by 9 per cent till the end of October of the current financial year as compared to the corresponding period of last financial year.
This was revealed at the all-secretaries meeting held under the chairmanship of Chief Secretary Asit Tripathy at Lok Seva Bhawan here Friday.
The state has collected Rs 24,909-crore revenue by end of October 2019. The non-tax revenue generation grew by 12.24 per cent with a total collection of around Rs 7,399 crore.
The collection from mining royalty and water tax increased around 11 per cent and 46 per cent respectively. The total collection from mining royalty was Rs 6,054.93 crore against last years’ collection of Rs 5436.54 crore by October end.
Similarly, the revenue generation from own tax sources also increased by 7.56 per cent with a total collection of around Rs 17,510 crore against last year’s collection of Rs 16,279 crore.
Keeping pace with the revenue generation, the budget utilisation by end of October grew around 16 per cent over last fiscal year. The total expenditure till October was Rs 60,848.21 crore against the last year’s expenditure of Rs 52, 525.40 crore.
After going through the fiscal performances of various departments, the Chief Secretary directed the departments to utilise at least 60 per cent of the budget by end of December.
Tripathy further directed the officers not to be default on payment of dues and taxes to any authority. All dues to different authorities should be paid by the respective departments.
Further, Tripathy advised the secretaries to make Odisha a “well governed state” by putting more and more G2C and G2B services online.
Development Commissioner Suresh Chandra Mohapatra advised the secretaries to make use of ‘Odisha 4K GEO’ portal developed by Orissa Space Application Centre and upload all public assets on it for real-time monitoring of their progress and maintenance.
Finance Secretary Ashok Kumar Meena said, “There has been remarkable progress in avoiding parking of funds by the departments; as a result of which the actual expenditure is getting reflected on the common treasury portal.”
