State posts 54% rise in spending by June-end

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The State Government has recorded a 54 per cent increase in the spending of budgetary allocations and 44 per cent in revenue collection by June 30 this fiscal as compared to the same period in 2014- 15.

This was revealed at the all Secretaries’ meet held on Wednesday under chairmanship of Chief Secretary GC Pati.

While Rs4,909 crore had been utilised for the development works in the agriculture and allied sectors, infrastructure and social sectors in the first quarter of the last fiscal, nearly Rs7,543 crore has been spent for the same by June in the current fiscal.

In infrastructure sector, the Works Department is leading ahead of other departments. The department has so far spent Rs2490 crore, which accounts for 41.39 per cent of its total budgetary allocations.

Satisfied over the spending, the State Government has decided to allocate more funds to the department, thanks to the efforts of Works Secretary Nalini Kanta Pradhan and his team.

The spending list shows that the Housing and Urban Development Department has spent 2.82 per cent of its allocation, Rural Development 20.84 per cent, Water Resources 21.52 per cent and Energy Department has spent 24.51 per cent. Overall spending during the period has been recorded at 21.63 per cent, said an official.

Similarly, it was revealed that a total tax collection of Rs4,934 crore has been collected during the period ending June against Rs3,427 crore collected during the same period last year.

The officials were directed to deduct four per cent VAT on the projects worth Rs50,000 or above done through contractors while making e-payment against bills. The deducted amount is to be deposited in the State treasury within seven days.

It was decided at the meeting that the type of land in the areas under the urban development authorities would not be changed, excepting for zonal development schemes.

The Chief Secretary asked the Housing and Urban Development and Revenue and Disaster Management Departments to prepare guidelines in this regard.

Daily Pioneer
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