State to get Rs 1620 crore more from mining and others

DAINIK NATION BUREAU

The State Finance Minister Prakash Pant has set a target of increasing the revenue resources to Rs 1620 crore from mining, excise, stamps and registration, forest and environment, irrigation, transport and power departments. He also directed officials to ensure that all departments provide information in the fixed format for the 15th Finance Commission by January 31. He said this while chairing a meeting on the subject of resource augmentation and information to be sent to the 15th Finance Commission here on Monday.

In case of departments wherein efforts are being made to make service accessible, authentic and implement finance control, related proposals should also be prepared.

A target of Rs 1557 crore had been set for these departments in the current year. Till December 2017 Rs 1843 core had been received by the excise department, Rs 266 crore by mining department, Rs 652 crore from stamps and registration, Rs 5759 core from commercial tax and Rs 501 crore by transport departments. Reviewing the performance, he directed that all the departments should increase their target by 15 to 20 per cent.

Pant further said that in the current financial year so far, when it comes to financial resources achievement, excise department has achieved an increase of 12 per cent whereas the increase is 25 per cent in mining, three per cent in stamp and registration, 12 per cent in commercial tax and 24.4 per cent in transport. The targets in the coming year set for various departments include Rs 2550 crore for excise, Rs 700 crore for transport, Rs 550 crore for mining and Rs 7,600 crore for commercial tax.