Revenue generation in Odisha increases to Rs 40,876 crore

Revenue generation in Odisha increases to Rs.40,876 crore

Pic- UNI

Bhubaneswar: The revenue generation from own tax sources in Odisha has increased by 15.31 per cent with a total collection of around Rs 40,876 crore by the end of February 2023.

This was revealed during all Secretaries meetings held under the Chairmanship of Chief Secretary Pradeep Jena in Bhubaneswar Saturday.

However, the revenue generation from non-tax sources grew negatively by around 0.69 per cent by end of February 2023 in comparison to the corresponding period of the last year with a total collection of around Rs 78,916 crore.

In real terms, the total revenue has touched Rs 1,29,037 crore by end of this February. In spite of negative growth in Own Non-Tax Revenue and grants from the central government by about 9.5 per cent, total revenue has increased by 0.61 per cent.

Reviewing the fiscal performances of various departments, Chief Secretary Jena directed all the departments to devise a strategy for more budgetary utilization. He also emphasized on strengthening the complete digitalization of all government payment and receipt systems.

UNI

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