Odisha's Plan expenditure up 21% to Rs 24,408 cr till November

Odisha's Plan expenditure has moved up 21% in the April-November period, increasing from Rs 20,228 crore to Rs 24,408.50 crore.

The uptrend in Plan expenditure is mainly on the back of enhanced spending in agriculture and infrastructure sectors. Expenditure in the agricultural sector stood at Rs 6,227 crore which is 56% of the total budget estimate. Infrastructure spending in the period under review crossed Rs 6,706 crore, marking an achievement of 59% of the Budget projections.

Social sector spending too has looked up. Expenditure in this key area is Rs 10,227 crore, meaning an achievement of 55% of the overall Budget estimates.

 

Chief secretary Aditya Padhi on Tuesday reviewed the position in expenditure and revenue collection of the state till November. He stressed on expediting implementation of development projects. The administrative departments were also asked to oversee implementation of flagship programmes and ensure their timely completion.

At the end of November, the state's revenue collection remained flat. Own tax revenue logged a marginal increase from Rs 13,519 crore to Rs 13,597 crore. Likewise, non-tax revenue stagnated at Rs 4,300 crore. Total revenue collection decelerated slightly from Rs 17,967 crore to Rs 17,896 crore in the period.