Odisha State Plan Expenditure in Current Fiscal Increases by 21%

Bhubaneswar: In a review of the fiscal performance of the State it was determined that Plan expenditure up to November, 2016 during the current fiscal has increased around 21% over the same period of the last fiscal.

It was revealed in a meeting chaired by Chief Secretary A P Padhi and others attending the meeting include Special Secretary Finance and General Administration Ashok Meena, Principal Secretaries, Secretaries and Special Secretaries of all departments. While taking stock of of the progress the chief secretary asked to expedite implementation of the developmental projects during the current working season and complete those in scheduled time.

Development Commissioner R. Balakrishnan advised to make more use of online litigation management system for quick and timely follow up of the cases in various courts. Departments were also advised to keep watch over implementation of the flagship programmes and ensure achievement of the targets fixed for the year.

According to sources, departments were also advised to keep watch over implementation of the flagship programmes and ensure achievement of the targets fixed for the year. Data suggest that the State plan expenditure up to November, 2016 has increased to the tune of Rs. 24,408.50 crores  against total expenditure of Rs.20,228 crore during the same period of the last year thereby showing an upward trend of around 21%.

The expenditure in agricultural sector has been around Rs 6,227 crores which is more than 56% of the budget estimate. The infrastructure spending has crossed Rs.6,706 crores which is around 59% of the budgeted amount. Similarly, the social sector spending up to November, 2016 has been to the tune of Rs.10,227 crores which is around 55% of the total estimate for the year. Beating the earlier situation of low revenue collection, the collection from own tax revenue up to November, 2016 has been around Rs13,597 crores against the total collection of Rs.13,519 crores during the same period of last financial year.

There has been increase in collection of revenue from tax on vehicles, goods & passengers, electricity duty, professional tax, excise, other taxes and duties. The Collection from non-tax sources has been around Rs.4,300 cr. The total collection from both the tax and non-tax sources has been around Rs.17,896 crores up to November, 2016 against the total collection of Rs.17,967 crores during the same period of last year.

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