State registers growth in revenue collection

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Bhubaneswar, Jan 15: Odisha has achieved around 20pc growth in revenue collection and 28pc growth in State Plan Expenditure by end of December last year.

During current financial year the revenue generation from  own tax sources by end of December has been  Rs.15118 Cr. recording a growth of 23.62% over the last Fiscal Year. 

Similarly, the revenue generation from Non-Tax sources has been to the tune of Rs.4991 cr which is 9.38pc more than that of the previous year.

The State Plan Expenditure by December end has also shown a growth of around 28pc over the last year with total expenditure of Rs.24, 750 Cr.

Officials have been advised to focus on completion of the incomplete projects and consolidation of the developmental initiatives already taken.

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