The State continued to mark an increase in utilisation of Budget allocations and revenue generation by February-end during the current fiscal, 2017-18.
This was revealed at the all Secretaries’ meeting held under Chief Secretary AP Padhi at the State Secretariat here on Wednesday. Padhi directed all departments to expedite implementation of projects taken up under non-Budgetary sources like DMF along with the budgeted projects.
Finance Principal Secretary Tuhin Kanta Pandey informed that the total programme expenditure up to February 2018 has increased to Rs 41,236 crore, recording a growth of around 11 per cent in comparison to the same period of the FY 2016-17. The total programme utilization up to February 2017 was around Rs 37,143 crore.
The spending on social sector has grown by more than 20 per cent with total expenditure stood at Rs 18,621 crore. Similarly, spending on infrastructure has grown by 2 per cent and with total utilization of around Rs 10,148 cr. Similarly, utilization under agriculture and allied sector has grown up to Rs 9,257 crore.
The revenue generation from own-tax sources has increased by around 29 per cent over the corresponding of the last year. The total collection from own tax sources up to February 2018 stood at around Rs 24,568 crore against the total collection of Rs 19,099 crore during same period of 2017. Similarly, the revenue generation from nontax sources has recorded an increase of around 9 per cent with total collection of Rs 6,683 crore against the last years’ collection of Rs 6,157 crore. The total revenue collection from all sources up to February 2018 has grown around 24 per cent with a grand total collection of Rs 31,251 crore. “This growth excludes the GST compensation amount of Rs 1,326 crore,” said Pandey.
The revenue generation from mining sector has grown by 39 per cent over the last year. Total mining royalty collected by end of February was around Rs 5,246 crore.