Business Standard

Odisha's revenue grows 23% to Rs 22,195 cr in Apr-Nov 2017

Total expenditure till November rose to Rs 28,384 crore from Rs 24,366 crore

The educational loans portfolio grew 6.13% but the quantum of NPAs shot up to 11% from 8.09% in the week before, the report said
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The educational loans portfolio grew 6.13% but the quantum of NPAs shot up to 11% from 8.09% in the week before, the report said

BS Reporter Bhubaneswar
Odisha's total revenue collection during April-November surged 23 per cent to Rs 22,195 crore. The collection at the end of November last year was Rs 18,027 crore.

The state's own tax revenue expanded by 30 per cent with a collection of Rs 17,726 crore whereas the non-tax revenue recorded marginal growth of two per cent at Rs 4,469 crore.

Fiscal performance of the state showed a marked improvement till November end both on the counts of revenue growth and utilisation of budgetary allocations. The state government's budget utilisation increased by 16 per cent by the end of November.

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