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Odisha's revenue collection expands 21% in April-Dec

Overall collection during the period stands at Rs 15,511 cr against Rs 12,789 cr recorded in the same period of 2011-12

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Jayajit Dash Kolkata/ Bhubaneswar
Last Updated : Feb 06 2013 | 7:28 AM IST

Odisha has logged 21.28 per cent growth in overall collection in tax and non-tax revenue in the April-December period at Rs 15,511.49 crore against Rs 12,789 crore recorded in the same period of 2011-12.

While the state’s tax revenue base expanded by 12.14 per cent from Rs 8,675.23 crore to Rs 9,728.65 crore, non-tax revenue surged 40.54 per cent to Rs 5,782.84 crore compared to Rs 12,789.91 crore in the corresponding period of last year, mainly on the back of robust collections in mining revenue.

Mining revenue posted 26.05 per cent growth reaching Rs 4,123.19 crore, achieving 98.17 per cent of the Budget estimates for 2012-13 though concerns mounted over achievement of chief secretary’s target of Rs 5,700 crore.

Non-tax revenue collection was also boosted by dividend collection of Rs 563.47 crore contributed by Odisha Mining Corporation (OMC) and Odisha Power Generation Corporation (OPGC). Revenue from forest & wildlife and medium irrigation contributed Rs 107 crore and Rs 162.47 crore respectively.

In the state’s own tax revenue base, sales tax- the highest contributor to the kitty, rose 17.76 per cent to reach Rs 6,187.38 crore as against Rs 5,254.11 crore in the corresponding period of previous fiscal. State excise showed an increase of 9.81 per cent at Rs 917.48 crore over the corresponding figure of Rs 835.49 crore. Entry tax (tax levied on goods & passengers) recorded a modest rise of 2.5 per cent at Rs 888.53 crore. Taxes and duties on electricity rose from Rs 406.07 crore to Rs 439.20 crore, registering growth of 8.16 per cent.

Within the own tax revenue base, land revenue and taxes on vehicles witnessed decline of 14.16 per cent and 2.26 per cent respectively. While land revenue dipped from Rs 304.72 crore to Rs 261.57 crore, taxes on vehicles slid to Rs 516.82 crore from Rs 528.77 crore.

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First Published: Feb 05 2013 | 12:16 AM IST

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