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Revenue Boost For State

States fiscal performance in last quarter of 2018-19 has started with a growth note in both its major components of revenue generation and utilization of budgeted allocation.

This was revealed at the all Secretaries meeting chaired by Chief Secretary Aditya Prasad Padhi here today.
Reviewing fiscal performances of various departments up to January 2019, the Chief Secretary directed the departments to focus on accomplishment of the sustainable development targets ( SDGs).
The Secretaries of different departments were advised to monitor 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 per cent over corresponding period of last fiscal year with actual spending of Rs.79058 cr.
The expenditure in social sector has been around Rs.36021 cr marking more than 30% growth over the expenditure up to January during 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 infrastructure sector has touched Rs. 12633 crore marking a growth of around 6 per cent over the corresponding period of last fiscal. Similarly, the total expenditure in Agriculture and Allied sector has grown up to Rs.9972 crore. 
Keeping pace with the expenditure, the total revenue generation has also grown around 17% by end of January 2019. 
The total revenue generation by January end in last fiscal year (2017-18) was around Rs.27978 cr against which current year collection up to same period has grown to Rs. 32733 crore while the revenue from non-tax sources have grown around 61 per cent with a total collection of Rs.9725 crore and the revenue from own-tax sources has grown around 5 per cent with total collection of Rs.23008 crore.
The revenue generation from Mining Royalty and Industrial Water rate has increased around 73 per cent and 9 per cent respectively.
The total collection from mining royalty has been around Rs.8175 cr against last years’ collection of Rs.4735 cr up to January end. Similarly, the revenue collection from industrial water has grown up to Rs.518 cr against last years’ collection of around Rs.475 cr. during the same period.  
The matters relating to implementation of projects under District Mineral Fund (DMF) were discussed in the meeting. District wise review showed that an amount of around Rs.6088 crore has been collected under the fund in various districts against which 12359 projects estimated around Rs.6438 crore has been sanctioned.
Mr.Padhi directed concerned departments to provide technical and manpower support for timely completion of the projects.
Additional Chief Secretary Forest & Environment Suresh Chandra Mohapatra, Additional Chief Secretary Steel & Mines Raj Kumar Sharma, Additional Chief Secretary Micro Small & Medium Enterprise Laxmi Narayan Gupta  along with Principal Secretaries, Secretaries and Special Secretaries of all departments participated in discussions. 
 


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