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At IndiaVerve, we go beyond the noise to bring you meaningful stories of change, resilience and progress—from India to the world stage. Our mission is to bring readers credible, wide-ranging coverage across politics, business, sports, culture, society and more.

Odisha CM Majhi reviews Finance Department performance

Photo: I&PR Department
India Verve Desk

Bhubaneswar: Chief Minister Mohan Charan Majhi on Tuesday reviewed the Finance Department’s performance at Lok Seva Bhavan, Bhubaneswar.

He directed officials to make the state’s revenue collection system more efficient. He also asked the department to further step up capital and programme expenditure.

The Finance Department gave a detailed presentation on revenue receipts and expenditure during the meeting. Officials informed the CM that the state government draws its revenue from multiple sources. Central government grants contribute 10% of this revenue. Odisha’s share in central taxes accounts for 31%. The state’s own tax revenue makes up another 31%. Own non-tax revenue contributes the remaining 28%.

The presentation showed that total revenue collection from all sources touched Rs 61,593 crore till July of the current financial year. This marks a 7.3% rise compared to the same period last year.

The state’s total own revenue grew by 11.9% till July this year over the corresponding period last year. Own tax revenue rose by 9.3% during the same period. Non-tax revenue recorded the sharpest jump, growing by 14.8% compared to last July.

Officials noted that programme expenditure and capital expenditure both increased alongside the strong revenue growth. Programme expenditure till July this financial year stood 19.1% higher than the same period last year.

Capital expenditure, or capex, also registered a significant jump. Total capital expenditure reached Rs 11,300 crore by the end of July 2026. This amount stood at Rs 9,399 crore during the same period last year. Overall capex spending thus grew by 20.2 percent year-on-year till July.

CM Makhi asked the Finance Department to sustain this momentum and improve efficiency further in revenue mobilisation, officials said.

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