Latest News:
Wednesday April 24, 2024
topad

By AP Bureau, Bhubaneswar, 3st Sept 2015: Odisha has achieved revenue growth of around 33% from its own tax sources. During current financial year (2015-16) by end of August month, the revenue generation from own tax sources has been Rs 8600.91 cr., recording a growth of 32.54% over the last year.\r\n \r\nSimilarly, the revenue collection from non-tax sources has been more than Rs. 2334 cr. showing a growth of around 13% over the last year during the same period. The overall revenue generation from both these sources have been Rs. 10,935 cr. by end of August recording a growth of around 28% over the last year. At the same time, the State Plan Expenditure has also shown a growth of around 65% during the current fiscal by end of August.\r\n\r\nWhile hailing the efforts of revenue earning and spending departments, Chief Secretary Gokul Chandra Pati advised the Principal Secretaries and Secretaries of various departments to strengthen monitoring and supervision at filed level and fasten the process of implementation of various flagship projects in a time bound manner, like Housing for all, IPR,2015, ease of doing business in Odisha and smart city etc.

September 3, 2015 • No Comment