State's revenue collection up by 28%

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The State’s revenue collection, both of tax and nontax, has increased by Rs10,935 crore as on August 31, an increase of 28 per cent over the corresponding period of the last fiscal.

This was revealed at a departmental meeting presided over by Chief Secretary GC Pati at the State Secretariat here on Tuesday.

There has been an increase in tax revenue of 33 percent and non-tax revenue of 13 per cent. The revenue collected from own tax sources for 2015-16 fiscal is Rs8,691 crore which is 32.54 percent more as compared to last year while the nontax revenue collection stands at Rs2,334 crore, which is a growth of 13 per cent during the 2015-16 fiscal.

Additional Chief Secretary, Finance, R Balakrishnan informed that there is a 65 percent increase in the State Plan expenditure during the period as compared to the previous year.

Praising the departments for increase in revenue collection, the Chief Secretary asked the Principal Secretaries and Secretaries to plug loopholes and increase supervision in the ground level for additional revenue collection.

Development Commissioner UN Behera and Principal Secretaries and Secretaries of various departments were present. 

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