Odisha’s revenue jumps by 33%

first_imgOdisha’s revenue collection has jumped by 33% to ₹13,015 crore till July end this fiscal compared to ₹9,807 crore during the corresponding period last year.The revenue from the State’s own tax sources during the current fiscal has grown by 27% with total collection of ₹9,536 crore, and the revenue from non-tax sources has grown by 51% with a total collection of ₹3,479 crore, according to a statement issued by the State government. “The revenue generation from mining royalty and vehicle taxes has shown highest increase of around 72% and 42% respectively. The total collection from mining royalty has been around ₹3,039 crore against last year’s collection of ₹1,769 crore till July end. Similarly, the revenue collection from vehicle tax has grown from ₹404 crore to ₹571 crore during the same period,” it said Fund collection As far as the District Mineral Fund collection is concerned, Odisha has generated ₹5,013 crore up to July. “So far, 8,163 projects in the sectors of physical infrastructure, irrigation, energy, watershed, afforestation and others have been sanctioned under the fund. Around ₹3,047 crore has already been allotted against these projects,” a government source said.last_img

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