Bhubaneswar: Despite the ongoing COVID-19 pandemic which has massively affected the economy, the revenue collection of Odisha saw a growth of 4 per cent by the end of November in comparison to the corresponding period of the last year.
According to a press release issued by the state government on Wednesday, the revenue generation from both own tax and non-tax sources grew around 4 per cent by end of November 2020 in comparison to the corresponding period of the last year.
The total revenue generation from both the sources by end of November 2019 was around Rs 28,402 crore which increased to Rs 29,411.29 crore during the current financial year, it stated.
The press release further said, “The total revenue generated from non-tax sources up to November 2019 was Rs 8485 crore which increased to around Rs 10,462 crore during the corresponding period of the current year.”
“On the face of shutdowns and lockdowns, the total budget utilization by end of November 2020 reached around Rs 60,000 crore in different infrastructure, social and agriculture, and allied sectors,” the release further said.
State revenue scenario:(1)By end Nov, own generation grew around 4% compared to last FY(2)Projects worth Rs 20,000-crore being implemented in mineral bearing dists from DMF & OMBADC(3)Total Budget utilisation by Nov-end reached around Rs60,000-cr(4) @ashokkmeena assures on funds pic.twitter.com/RkK2YLPiV7
— Soumyajit Pattnaik (@soumyajitt) December 31, 2020