Breaking News

State Plan spending 42% at Rs 19,000 cr by Sept-end

Bhubaneswar, Oct 7: The current financial year’s total State Plan budget utilisation by September-end has crossed Rs 19,000 crore, thereby marking a growth of 26 per cent more than that of the corresponding period of FY 2015-16.

This was revealed at an all-Secretaries’ meeting held under the chairmanship of Chief Secretary Aditya Prasad Padhi at the State Secretariat on Friday.

The Chief Secretary advised the departments to revisit the targets set by them and, accordingly, align their action plans. Development Commissioner R Balakrishnan advised the revenue-earning departments to take proactive measures for augmenting revenue collection to support the higher plan expenditure.

The Principal Secretaries and Secretaries were also advised to scale up work culture in their departments and make best utilisation of the new young human resources who have joined the Odisha Secretariat Service cadre recently. Notably, during last three months 940 youths have joined as ASOs in the Secretariat. They have come from various professional backgrounds like engineering, IT, MBA, personnel management, industrial relations, rural development. The Chief Secretary wanted utilisation of their talents in best possible manner through proper motivation and training. 

The State Plan expenditure during FY 2016-17 up to September is Rs 19,087crore, which is 42 per cent. The plan budget utilisation in agriculture and allied sectors has is Rs 4,837 crore up to September which is 44 per cent of the budget estimate. 

The utilisation in the infrastructure sector has gone up to 51 per cent against the spending of 41 per cent during last financial year. The expenditure in this sector has touched Rs 5,734 crore. The social sector spending followed the same pattern with utilisation crossing Rs 7,568 crore against an expenditure of Rs 6,648 crore during the same period of last fiscal.

The revenue collection from both the own tax and nontax sources has also reached Rs 1,2812 crore. The departments were advised to give their realistic requirements for the Supplementary Budget by October 25.


No comments