Covid-19EconomyOdisha

Odisha enhances revenue generation during covid pandemic

Bhubaneswar : Notwithstanding the Covid impacted slowdown in the global economy, Odisha has enhanced its revenue generation by end of June this fiscal year.
The ease of tax payment through online modes and e-receipts has also been helpful to a
significant extent while ensuring transparency in revenue matters.
This was known from all secretaries’ meetings held on digital mode under the chairmanship of
Chief Secretary Suresh Chandra Mahapatra here today.
Principal Secretary Finance Ashok Kumar Meena said, the revenue generation from State
owned sources by end of June,2021 grew to Rs.17,656.70 crore against the last year collection
of Rs 8,307.54 crore during the same period registering a growth of 112.54 percent.
The revenue generation from own-tax sources grew by 74.66 percent The total revenue
collection from own-tax sources up to June, 2020 was around Rs.4601 crore which grew up
to Rs.8036 crore by June,2021.
Similarly, the non-tax revenue up to June, 2020 was around Rs 8307.54 crore which grew
to 9621.16 crore by June, 2021,recording a growth of 159.55 percent over the previous year.
This non-tax revenue growth was assigned to a robust system of revenue collection
developed in Steel and Mines department.
Mr. Meena said keeping pace with the revenue generation, there was also significant growth
in budget utilization during the month of June.
Overall percentage of the budget utilization by June, 2021 grew to 21 percent ( Rs 12, 864
crore in absolute figures) against that of around 17 percent ( Rs 9,873 cr) during the
corresponding period of the last fiscal.
The Chief Secretary directed the departments to speed up capital expenditure under different programmes for keeping up the higher growth rate.
He directed Principal Secretaries and Secretaries of different departments to closely monitor
the progress of the projects under district mineral fund (DMF) and Odisha Mineral bearing areas development corporation (OMBADC) along with the livelihood enhancement projects and
schemes during the current year.
The departments were asked to focus on preparation of the digital assets register for
management and maintenance of the Government assets created under different departments.
Development Commissioner Pradeep Kumar Jena advised all departments to nominate
responsible senior officers for coordinating with Odisha space application center (ORSAC) for preparation of the register.
The Chief Secretary also reviewed implementation of the projects under DMF and OMBADC.
Official sources said till May. 2021 under DMF was around Rs.13,173 crore against which around 20372 numbers of projects estimated around Rs. 14,490 crore were sanctioned in different districts.
Out of the sanctioned projects, a total number of 13,132 projects were completed by end of May, 2021 and, balance projects were in different stages of implementation.
Similarly, under OMBADC Phase-II, a total number of 38 projects in seven sectors estimated
around Rs.13,782 crore were sanctioned till end of May,2021.
The Chief Secretary directed the executing agencies and departments to expedite implementation
and complete the projects before the scheduled time as the projects cater to many basic needs of
the people in mineral bearing areas.
UNI

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