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Fiscal Feat On Rise

Fiscal Performances of the State by end of January of the Current Financial Year show signs of upward trend with the concurrent increase in both its major indicators like utilization of the budget allocations on different schemes & programmes and revenue generation.


Chief Secretary Aditya Prasad Padhi  chaired the All Secretaries meeting held in State Secretariat today, where it came to fore that collection of revenue and expedniture has gone up .

Agricultural Production Commissioner  Gagan Kumar Dhal, Additional Chief Secretary Forest & Environment  Suresh Chandra Mohapatra, Additional Chief Secretary Higher Education GVV Sarma, Additional Chief Secretary Micro Small & Medium Enterprises L N  Gupta   along with Principal Secretaries , Secretaries and Special Secretaries of all departments participated in discussions.

However Chief Secretary  Mr.Padhi directed all the departments to ensure 100 Percent utilization of the budgeted allocations while focusing on the outcomes of the expenditures.

The Secretaries were also asked to send notes and recommendations on their district visits to the concerned departments for implementation.

Chief Secretary further directed the Planning & Convergence department to follow up compliances to the   recommendations by concerned departments.

Review showed an overall increase of around 8 percent in total budget utilization on various programmes by end of January in current financial year (2017-18) in comparison to the corresponding period of last financial year.

Total programme expenditure up to January, 2018 has been around Rs.36, 756  cr against Rs.34, 014 cr spent up to January , 2017.

Budget utilization in social sector has been to the tune of Rs.Rs.16, 685 cr up to January of current year against total spending of Rs.14,425. cr during the same period of last financial year, thereby showing an increase of around 16 percent .

The programmes under this sector are principally administered through the departments of School & Mass Education, Scheduled Tribe & Schedule Caste Development, Health & Family Welfare, Labour & ESI, Panchayati Raj, Women & Child Development, Higher Education, Skill Development & Technical Education and Social Security & Empowerment of persons with Disability. 

Similarly, the expenditure in Agriculture & allied sector up to January, 2018 has been around Rs.8486 crore  which is around 0.15 Percent more than the expenditure of the corresponding period of last year. 

The expenditure in this sector principally is executed and monitored through the departments of Agriculture & Farmers Empowerment, Water Resources, Fisheries & Animal Resource Development and Cooperation.

The budget utilization in infrastructure building undertaken through the departments of Works, Housing & Urban Development, Rural Development and Energy up to January, 2018  has been to the tune of Rs.9015.25 crore.

In total, the programme expenditure in different sectors have gone up by 8.06 Percent  by the end of January, 2018 in comparison to January, 2017.

Keeping tune with the expenditure , the total revenue augmentation till January, 2018 has also increased by around 22 percent in comparison to the corresponding period.  

The Total revenue collection up to January, 2017 was around Rs. 22895  crore which increased to around Rs.27894 crore by January, 2018.

Own Tax revenue grew by around 27 Percent  with total collection of around Rs. 21959 crore and the Non-Tax Revenue grew by around 7 Percent with total collection of Rs.5934 crore.

The revenue collection from mining increased to the tune of around Rs.4698 crore  thereby showing a growth of around 37 Percent over the corresponding period of the last year.
 


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