Home Finance Non Tax Revenue Grows Above 48 PC

Non Tax Revenue Grows Above 48 PC

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Bhubaneswar: As an outcome of the application of 5-T principles in financial management, State has enhanced its fiscal performance capacity over last years. The ‘ease of tax payment’ through online modes and ‘e-receipts’ have also been helpful to a significant extent while ensuring transparency in revenue matters.

This was known from all secretaries meeting held on digital mode under the chairmanship of Chief Secretary Suresh Chandra Mahapatra from Lokseba Bhawan wherein Principal Secretary Finance Ashok Kumar Meena outlined the financial performance of different departments for discussion.

 Principal Secretary Mr.Meena appraised that beating all adversities of shutdown and lockdowns for Covid-19, the revenue generation from total non-tax sources during 2020-21 has grown by 48.63 PC over the last FY of 2019-20.

In absolute figures, an amount of Rs.21, 770.64 crore has been collected during 2020-21 against the total collection of around Rs.14, 647 crore collected during 2019-20.

Similarly, the revenue generation from own-tax sources has also grown by 7.11PC during the FY 2020-21.

The total own-tax collection in 2019-20 was around Rs.32, 315 cr which grew to Rs.34, 614 cr during 2020-21. Keeping pace with the revenue generation the total expenditure of different departments during 2020-21 has crossed Rs.1, 26,500 crore with program expenditure of around Rs.59, 700 crore.

 Taking a review of the department wise fiscal performances, Chief Secretary Mr.Mahapatra directed the departments to “speed up capital expenditure under different program during the current working season for keeping up the higher growth rate.

Mr.Mahapatra also directed Principal Secretaries and Secretaries of different departments to closely monitor the livelihood enhancement projects and schemes during the current FY. Principal Secretary Sri Meena appraised that “the online mechanism for appraisal and approval of projects has been operationalized with multi-year expenditure commitment”.

It was decided that finance department would delegate more financial powers to the administrative departments for expediting the project implementation. 

 Chief Secretary also reviewed implementation of the projects under DMF and OMBADC. Review showed that progressive collection till March. 2021 under DMF was around Rs.12376 crore against which around 19496 numbers of projects estimated around Rs.13, 749 crore were sanctioned in different districts. Out of the sanctioned 19,496 projects a total number of 12,848 projects were completed by end of March, 2021. 

Similarly, under OMBADC Phase-II, around Rs.19, 000 crore was collected as of March, 2021 against which 38 projects of worth around Rs. 14,043 crore were sanctioned. As per available data, the projects were in different phases of implementation.   

 Development Commissioner Pradeep Kumar Jena, Agriculture Production Commissioner Raj Kumar Sharma, ACS Home, Sanjeev Chopra, ACS Forest and Environment, Mona Sharma, ACS Health and Family Welfare Pradipta Kumar Mohapatra along with Principal Secretaries, Secretaries and Special Secretaries of all departments participated in the deliberations.

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