Odisha maintains upward trend in revenue generation

Bhubaneswar: Beating the Covid-19 adversities and bottlenecks, Odisha has maintained an upward trend in revenue generation.

By October end of the current year, the total revenue collection has grown by 2.27% over the corresponding period of last financial year.

This was known from all Secretaries meeting held under the chairmanship of Chief Secretary Asit Tripathy at Lokseba Bhawan conference hall here on Tuesday. 

Reviewing fiscal performances of various departments up to October-2020, Tripathy directed the departments to “focus on speedy implementation of the livelihood and infrastructure laying projects”.

Development Commissioner Suresh Chandra Mohapatra said, “Projects of around Rs 20,000 crore are being implemented under OMBADC and DMF. Those projects be expeditiously completed and commissioned for providing service to the people.”

Further, Chief Secretary Tripathy asked the departments of water resources, rural development, works, housing & urban development to “prioritize identified strategic projects and complete those within the scheduled time”.

He assured the departments that there would be no dearth of funds project implementation.

Tripathy also directed the departments to furnish their budget input by December end for preparation of ensuing 2021-22 annual budget.

COVID observers were advised to review covid-compliant behavior, winter preparedness, treatment facilities in Government hospitals and implementation of livelihood sector programmes during their visit to respective districts during this month.

Review showed, the revenue generation from both own tax and non-tax sources grew around 2.27%  by end of October, 2020  in comparison to the corresponding period of the last year. 

The total revenue generation from both the sources by end of October, 2019 was around Rs. 25002.84 crore which increased to Rs.25571.42 crore during the current financial year.

The total non-tax revenue during the period grew by 23.41% during in current fiscal in comparison to the last fiscal year.  The total revenue generated from non-tax sources up to October 2019 was Rs 7533.26 crore which increased to Rs 9296.60 cr during the corresponding period of the current year.

Similarly, even on the face of shutdowns and lockdowns, the budget utilization crossed Rs. 51,000 crore by October 2020 with the highest utilization of around Rs.26,000 crore in the social sector.