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State’s expenditure increases by 15%

14/11/2021 at 11:04 AM

Bhubaneswar, Nov 14: The state’s expenditure has increased by nearly 15 per cent till October in the fiscal year 2021-22, in comparison to the same period of last financial year (2020-21).

According to official sources, the state has utilized Rs 60,464.67 crore till October of FY 2021-22 while the expenditure till October of 2020 was Rs 52,677.17 crore.

The total expenditure as on 30 October made by various Departments was 41.60 per cent of the Budget Estimation made for the current fiscal. However, the Departments were able to utilize only 37.30 per cent of the Budget till October of previous year.

The total Budget Estimation made for FY 2021-22 was Rs 1,45,349.95 crore. Till September, the total utilization was Rs 50,896.92 crore, which was 35.02 per cent of the estimation. 

However, the expenditure, by the end of October, has reached to Rs 60,464.67 crore. It means, nearly Rs 10,000 crore has been spent by various Departments of the State in the month of October, 2021.

The State Government has utilized 6.58 per cent of the Budget during the last month alone, which is 2.92 per cent more than the expenditure made till October of last fiscal.

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