Odisha CS asks depts to submit supplementary budget requirement by Oct 25

Odisha Sun Times Bureau
Bhubaneswar, Oct 8:

Odisha Chief Secretary Aditya Prasad Padhi has asked the state government departments to submit their financial requirement for the supplementary budget by October 25, 2016.

Padhi said so while reviewing the revenue collection of several departments in a secretary level meeting held yesterday.

According to reports, the Chief Secretary specifically mentioned the pending revenue collection issues during the meeting and asked the departments to expedite the One Time Settlement (OTS) cases to boost revenue collection. Further, he emphasized on proper utilisation of funds allocated to various projects and schemes in a result-oriented manner.

The Chief Secretary laid emphasis on boosting expenditure in infrastructure development, agriculture, irrigation and social sector.

As per data presented in the meeting, the planned expenditure of the state has increased this year as compared to the same period in the last year. The planned expenditure stood at Rs 19,087 crore by end of September this year marking a 26 percent growth over last financial year.

It may be mentioned here that out of the plan outlay of Rs 45,600 crore budgeted for 2016-17, fund utilisations in agriculture and allied sectors has been around Rs 4,837 crore till end of September. This stands at 44 percent of the budget estimate.

Similarly, expenditure in the infrastructure sector stands at Rs 5,734 crore which is about 51 percent of the budget estimate for the sector in 2016-17. Besides, expenditure recorded a healthy growth given the 41 percent spent during the corresponding period in last financial year.