BHUBANESWAR: Fiscal performance of the State has shown a marked improvement till January end, both on counts of revenue growth and utilization of budgetary allocation.
The revenue income of Odisha has surged 22 per cent to Rs 27,894 crore by January 2018 against Rs 22,895 crore during the same period last year. While the tax revenue grew by 27 percent with a collection of around Rs 21,959 crore, the non-tax revenue recorded a growth of 7 percent to touch Rs 5,934 crore.
While proposing budget outlay of Rs 1,06,911 crore for 2017-18, the State Government had estimated a revenue receipt of Rs 88,932 crore which includes Rs 31,422 crore as State’s share in Central taxes, Rs 26,800 crore from its own tax, Rs 9,500 crore from non-tax and grants from the Centre amounting to Rs 21,210 crore.Chief Secretary Aditya Prasad Padhi reviewed the fiscal performance of the State at the all Secretaries meeting here on Tuesday.
