Despite Covid-related adversities, the State’s total revenue collection has grown by 2.27% by October 2020 as compared to the amount collected during the corresponding period of the last financial year.
It was revealed at the all Secretaries meeting held under the chairmanship of Chief Secretary Asit Tripathy in Lokseba Bhawan here on Tuesday.
Finance Principal Secretary Ashok Kumar Meena presented fiscal perforances of various departments.Tripathy directed the departments to focus on speedy implementation of the livelihood and infrastructure laying projects. He also asked hem furnish inputs for preparation of 2021-22 Annual Budget by December-end.
It was revealed that revenue generation from both own tax and nontax sources grew by 2.27% by October 31, 2020 in comparison to the corresponding period of the last year. The total revenue generation from both the sources by October 31, 2019 was Rs 25,002.84 crore and the amount colleted by October 31, 2020 stood at Rs 25,571.42.
During the period, nontax revenue collection grew by 23.41%, While total revenue generated from nontax sources up to October-end 2019 was Rs7,533.26 crore, the amount collected this year till Ocober 31 stood at Rs 9,296.60 crore.
Despite hostile stituaitons created by Covid lockdowns and shutdowns, budget utilisation crossed Rs 51,000 crore during period of which highest spending of Rs 26,000 crpre acjoeved in social sector.