Odisha News Insight

Odisha’s Revenue generation by end of December grows 23%

Revenue generation of the State by end of December of the current financial year (2017-18) grew by 23.33% over the last fiscal year. This was known from the review taken by Chief Secretary Aditya Prasad Padhi in the all Secretaries meeting held in secretariat conference hall today.

Chief Secretary Padhi directed all departments to expeditiously dispose of the departmental proceedings and conduct departmental promotion committees regularly. The departments were also asked to have regular review of the suspension cases in the light of subsequent developments and reports in the matter.

Fiscal performances of the State as presented by Principal Secretary Finance Tuhin Kanta Pandey showed an overall increase of around 23.33% in revenue generation from both the own tax and non-tax resources by end of December in current financial year (2017-18) in comparison to the corresponding period of last financial year.

The revenue collection from own tax resources up to December was Rs. 19,722 cr against total collection of Rs.15,239 cr during the same period of 2016-17. Similarly, the collection from non-tax sources during the same period was Rs.5,291 cr against the collection of Rs.5,042 cr during 2016-17. The total revenue generation from both the tax and non-tax sources during 2017-18 was around Rs.25,013 cr by end of December, 2017 against a total of Rs.20,282 during the corresponding period of 2016-17.

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