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Revenue On Upward Move

Ashok Kumar Meena, Principal Secretary Finance  was happy to announce that the State’s revenue generation showed an upward trend by end of May, 2019 marking a growth rate of around 19 per cent over corresponding period of last fiscal year. 


This was revealed during the All Secretaries meeting by Mr.Meena, which was chaired by Chief Secretary Aditya Prasad Padhi on 12 June.
 
Mr.Meena said that total revenue generation has increased to Rs. 6505 crore by end of May 2019 thereby marking a growth of 19 per cent over corresponding period of 2018.
 
The total revenue generation by end of May 2018 was around Rs. 5466 crore, said he. 
 
The revenue from non-tax source have grown by 43.21 per cent with a total collection of Rs. 2247 cr while the revenue from  own tax sources has grown by 9.25% with total collection of Rs. 4257. 
 
The revenue generation from Mining Royalty and Industrial Water rate has increased around 51.18 per cent and 16.22 per cent respectively. 
 
The total collection from mining royalty has been around Rs. 1996 crore against last year’s collection of Rs. 1320 crore by May end. 
 
The budget utilization by end of May 2019 was seen to be less than last year because of election code of conduct.  
 
The total budget expenditure by end of May, 2019 has been around Rs. 8746 crore which is 19 per cent less than the last year.  Chief Secretary directed to cover up the backlog through speedy implementation of the programmes during coming two months.
 
Reviewing the fiscal performance of various departments up to May 2019, the Chief Secretary directed the departments to expedite program implantation at field level in the months of June and July. 
 
He also directed the departments to prepare the annual work plan on the basis of priority actions. 
 
Development Commissioner Asit Tripathy advised the departments to focus on accomplishment of sustainable development goals (SDGs). 
 
He said that 306 SDG indicators pertaining to 18 departments have been listed at national level.  Departments should pickup those relevant for Odisha and prepare their action plans accordingly.
 
Mr.Meena informed that the budget for 2019-20 will be presented in the Assembly on  June 28 and asked the departments to send their inputs and new initiatives to Finance department for incorporation in the draft proposal. 
 
He further advised various departments, autonomous bodies and PSUs to go for online procurement through GeM portal. 
 
Notably, as of now, 918 organizations have been registered in the portal for online procurement.  Director of Treasury & Inspection was advised to provide training and handholding support for registration of the buyers.
 
Agriculture Production Commissioner Gagan Kumar Dhal, Additional Chief Secretary Steel & Mines Raj Kumar  Sharma, Additional Chief Secretary Forest & Environment Suresh Chandra Mohapatra, Additional Chief Secretary Micro, Small & Medium Enterprises L.N. Gupta along with Principal Secretaries, Secretaries and Special Secretaries of all departments participated in discussions. 
 


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