Plan spending up by 21 pc

Plan expenditure of the State in the current financial year up to November has increased by 21 per cent to touch Rs 24,408.50 crore as against Rs 20,228 crore during the same period last fiscal.

Published: 14th December 2016 04:21 AM  |   Last Updated: 14th December 2016 04:21 AM   |  A+A-

By Express News Service

BHUBANESWAR: Plan expenditure of the State in the current financial year up to November has increased by 21 per cent to touch Rs 24,408.50 crore as against Rs 20,228 crore during the same period last fiscal.
This was revealed from the fiscal performance review of the State at the all Secretaries meeting presided by Chief Secretary Aditya Prasad Padhi here. The expenditure in the agricultural sector has been around Rs 6,227 crore which is more than 56 per cent of the budget estimate, said an official.


The infrastructure spending has crossed Rs 6,706 crore which is around 59 per cent of the plan outlay. Similarly, the social sector spending up to November has been to the tune of Rs 10,227 crore which is around 55 per cent of the total estimate for the financial year.


The Chief Secretary directed the department concerned to expedite implementation of the developmental projects and complete those in scheduled time.
Departments were also advised to keep close watch on implementation of the flagship programmes and ensure achievement of targets fixed for the year.


There is no significant growth in the revenue collection during this period as compared to last year. Revenue collection from both the tax and non-tax sources has been around Rs 17,896 crore up to November against Rs 17,967 crore during the corresponding period last year.


There was a marginal improvement in collection from own tax sources. The collection from own tax revenue up to November has been around Rs 13,597 crore against Rs 13,519 crore during the same period of last financial year, said sources in the Finance Department.
The collection from non-tax sources has been around Rs 4,300 crore.

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