Tag: Plan Expenditure

Bhubaneswar: Amidst falling revenue, the Odisha government’s focus will be on increasing revenue generation in the upcoming 2018 annual State Budget. At the pre-budget meeting of the Finance department with former finance ministers, representatives from industries, economists investors, RBI and Nabard officials, emphasis was laid on the areas through which revenue collection can be increased […]

Bhubaneswar: The Odisha government agreed that the demonetization move by the central government will have an impact on the State’s economic growth after tabling the Supplementary Budget in the Assembly today. However, the magnitude of the impact can only be determined in the coming months, informed Tuhinkant  Pandey, Principal Secretary, Finance. “The demonetization has resulted […]

Bhubaneswar: The Odisha government today approved the supplementary budget for the year 2016-17 at a council of ministers meeting chaired by Chief Minister Naveen Patnaik. The total size of the budget is Rs 5,983.08 crore. While Rs 5126.04 crore was allocated for State plan expenditure, Rs 795.98 crore was approved for non plan expenditures. Also […]

Bhubaneswar: Odisha has registered a growth of 26 per cent in plan expenditure till September for the current fiscal as compared to the corresponding period in the previous year, official sources said. The total plan budget utilisation by September 2016 crossed Rs 19,000 crore, marking a growth of 26 per cent over the corresponding period […]

Bhubaneswar: Odisha government registered a growth of 8.19 per cent in state plan expenditure during 2016-17 fiscal compared to the previous year. Chief Secretary A P Padhi today said the total state plan expenditure in 2016-17 was around Rs 43,896 crore against the expenditure of Rs 40,572 crore during the 2015-16 fiscal. The utilization in […]