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Bihar revenue receipts rises by 130 pc in five years: CAG

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Press Trust of India Patna

The state government collected Rs 9869.85 crore as tax revenue and Rs 985.53 crore in non-tax revenue to generate an aggregate receipt at Rs 10.885.38 crore in 2010-11, it said.

The state's revenue receipts at Rs 10,885.38 crore in 2011 was about 130 per cent higher in comparison to collection of Rs 4544.36 crore that the NDA government had generated in its first full year in the office in 2006-07, the report said.

The CAG report on revenue receipts of Bihar for fiscal year 2010-11, a copy of which was laid in the two houses of the state legislative by the Deputy Chief Minister Sushil Kumar Modi, in his capacity as finance minister, further showed that the state government had registered an impressive growth in the revenue receipt from its internal sources on year-on-year basis since taking over power in late 2005.

 

The state government registered over 20 per cent increase in revenue receipts from internal sources from Rs 4544.36 crore in 2006-07 to Rs 5611.12 crore in 2007-08 and the figure soared by about 30 per cent next year at Rs 7326.06 crore in 2008-09, it said.

The receipts continued to make an upward surge in 2009-10 and it grew by over 30 per cent at Rs 9760.09 crore from Rs 7326.06 crore in 2008-09. MORE

  

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First Published: Aug 06 2012 | 6:35 PM IST

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