Odisha Plan Expenditure Records 35 Percent Growth

The State has recorded a growth of about 35 per cent in its plan expenditure during 2015-16 over the previous fiscal.

Published: 21st April 2016 05:36 AM  |   Last Updated: 21st April 2016 05:36 AM   |  A+A-

BHUBANESWAR:  The State has recorded a growth of about 35 per cent in its plan expenditure during 2015-16 over the previous fiscal.

The State plan expenditure during last fiscal was Rs 40,498.71 crore as against Rs 30,345 crore in 2014-15.

The infrastructure sector spending has been to the tune of Rs 12,122.03 crore which is 17 per cent more than that of the previous year. The capital expenditure in the State in 2014-15 was Rs 11,567 crore.

The State Government has made an enhanced capital outlay of Rs 16,749.7 crore for development of physical infrastructure in the annual budget for 2016-17. The plan provision is 4.37 per cent of the gross State domestic product (GSDP).

Fiscal performance of the State was discussed at the Secretary level meeting held under the chairmanship of Chief Secretary Aditya Prasad Padhi here on Wednesday.

Presenting the fiscal performance of various departments during 2015-16, Special Secretary, Finance Vishal Dev said the expenditure in agriculture and allied sector during the last financial year was Rs 8,498.27 crore which was 20.12 per cent more than that of 2014-15.

The State’s investment in social sector has been Rs 16937.25 crore which is 13.83 per cent more than 2014-15. Keeping in tune with higher expenditure, the revenue generation has also been enhanced to the tune of Rs 30,566.73 crore which is around 10 per cent more than that of the last fiscal.

The revenue collection from own tax sources was Rs 22,418.29 crore while the earning from non-tax sources was Rs 30,566.73 crore. In spite of the slowdown in global market, royalty from mining sector was Rs 5,716.80 crore which is around 8  per cent more than pervious year, Dev said.

Secretaries of all departments were advised to submit action plans with definite targets on each of their priority agenda for the fiscal year 2016-17.

The departments were asked to make use of social media for better governance and effective public delivery. Since 65 per cent of the State’s population are below 35 years of age, social media could play an important role in addressing issues more effectively. The departments need to convert more public services to digital mode and put them on e-service platform, Padhi said.

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