Odisha Govt’s fiscal performance moves upward by November end
Reporters Today: Bhubaneswar, Dec 13
Odisha Government’s fiscal performance shows an upward trend by end of November, 2018 in both its major components of revenue generation and utilization of budgeted allocation.
This was known from all Secretaries meeting held under the Chairmanship of Chief Secretary Aditya Prasad Padhi in secretariat conference hall on Wednesday.
Principal Secretary Finance Ashok Kumar Meena outlined the financial updates of the State for discussion.
Reviewing the fiscal performances of various departments up to November 2018, Chief Secretary Padhi directed the departments to expedite expenditure during December and January.
Review of the fiscal performance showed that total budget expenditure up to November, 2018 has been Rs.61876 crore which is more than 49% of the allocated amount in both the main and supplementary budgets.
The expenditure by November has grown by more than 22% over corresponding period of last fiscal year.
The total programme expenditure in Social sector by end of November of current year has grown by 46% (with actual spending of Rs.18380 crore) over the corresponding period of l2017-18.
The projects under this head are executed and monitored through the departments of Panchayati Raj and Drinking Water, Women & Child Development School & Mass Education, ST & SC Development, Health & Family Welfare, Higher Education, Skill Development and technical Education, Social Security and Empowerment of Persons with Disability.
The total expenditure in infrastructure sector has reached Rs.9131 cr marking a growth of around 5% over the corresponding period of last fiscal.
Similarly, the total expenditure in Agriculture and allied sector has touched Rs.6976 crore.
Keeping pace with the expenditure, the total revenue generation has also grown around 17% by end of November 2018.
The total revenue generation by November end in last fiscal year (2017-18) was around Rs.22291 cr against which current year collection up to same period has been Rs. 26123 cr. The revenue from non-tax sources have grown by 64% with a total collection of Rs.7563 cr while the revenue from own-tax sources has grown by 5% with total collection of Rs.18560 cr.
The revenue generation from Mining Royalty and Industrial Water rate has increased around 75% and 12% respectively.
The total collection from mining royalty has been around Rs.6350 crore against last years’ collection of Rs.3620 crore up to November end.
Similarly, the revenue collection from industrial water has grown up to Rs.408 cr against last years’ collection of Rs.365 cr. during the same period.
The Chief Secretary directed all departments to submit their requirement proposals by 15th December, 2018.
He also directed the departments to review all court cases in the perspective of the Litigation Management Policy of the State Government and take quick decisions for their expeditious disposal.
The Secretaries were advised to also review the cases pending at Heads of the department level and initiate actions for out of court settlement in empowered committee meetings constituted under the policy.
The departments dealing with educational institutions, hostels and welfare homes etc were directed to ensure proper functioning of the intuitions at ground level with adequate safety and sanitation arrangements for the inmates.
Development Commissioner Asit Kumar Tripathy advised the departments to prepare a data base of the old cases with update information from the office of Advocate General so that they could be monitored properly.
Emphasizing achievement of targets under various flagship programmes, the Chief Secretary directed to achieve the targets by end of February of current fiscal year.
