Revenue Collection from Mining Royalty shows 73% growth in Odisha
Bhubaneswar: Odisha’s fiscal performance in the last quarter of 2018-19 has started with a growth note in both its major components of revenue generation and the utilization of budgeted allocation.
This was known from the all Secretaries meeting held under the Chairmanship of Chief Secretary Aditya Prasad Padhi in secretariat conference hall today.
Reviewing fiscal performance of various departments up to January 2019, Padhi directed the department to focus on the accomplishment of the sustainable development targets (SDGs). The Secretaries of different departments were advised to monitor the implementation of priority action points and update the respective portals accordingly.
Additional Chief Secretary and Development Commissioner Asit Kumar Tripathy advised the departments to enlarge revenue base through innovative projects.
Principal Secretary Finance Ashok Kumar Meena appraised that the budget utilization by end of January for current fiscal has grown around 19% over corresponding period of last fiscal year with actual spending of Rs 79058 crore.
The expenditure in the social sector has been around Rs 36021 crore marking more than 30% growth over the expenditure up to January during the last fiscal. The projects under this head are executed and monitored through the departments of Panchayati Raj and Drinking Water, Women & Child Development School Mass Education, ST, SC Development, Health & Family Welfare, Higher Education, Skill Development and Technical Education, Social Security and Empowerment of Persons with Disability.
The total expenditure in the infrastructure sector has touched Rs 12633 crore marking a growth of around 6% over the corresponding period of last fiscal. Similarly, the total expenditure in the Agriculture and Allied sector has grown Rs 9972 crore.