Jharkhand Achieves 62% Revenue Target: Finance Minister
By Rediff Money Desk, Ranchi Jan 09, 2025 17:29
Jharkhand has achieved 62% of its revenue collection target for the current fiscal year, with Finance Minister Radhakrishna Kishore confident of reaching 90-95% by March 31. The state aims to increase revenue through improved coordination and a new application for tracking department activities.
Ranchi, Jan 9 (PTI) Jharkhand has achieved 62 per cent of its revenue collection target for the ongoing fiscal till December 31, Finance Minister Radhakrishna Kishore said on Thursday.
Speaking to reporters after chairing a review meeting of his department, Kishore expressed confidence that the state would achieve 90-95 per cent of the target by March 31.
"We have achieved 62 per cent of our revenue collection target till December 31. The revenue collection target for the fiscal is Rs 26,000 crore. I hope we will achieve 90-95 per cent of the target by the end of March," he said.
Kishore said that in the meeting various issues were discussed to augment revenue.
He said he directed the ground-level officials to put all efforts into achieving the target and find out areas where there are possibilities to increase revenue.
"I told the officials that we have to work as a team and plug the leaks so that we can increase revenue," he added.
The minister said that there are four-five departments, such as Mining, Forest and Transport, from where the state generates revenues.
"These departments do not have any direct coordination with the Finance Department. So, I have decided to hold a meeting with the secretaries and ministers of these departments for better coordination. Besides, we have also decided to develop an application so that officials could keep a tab on each department's activity such as revenue fixation and achievement," he said.
Speaking to reporters after chairing a review meeting of his department, Kishore expressed confidence that the state would achieve 90-95 per cent of the target by March 31.
"We have achieved 62 per cent of our revenue collection target till December 31. The revenue collection target for the fiscal is Rs 26,000 crore. I hope we will achieve 90-95 per cent of the target by the end of March," he said.
Kishore said that in the meeting various issues were discussed to augment revenue.
He said he directed the ground-level officials to put all efforts into achieving the target and find out areas where there are possibilities to increase revenue.
"I told the officials that we have to work as a team and plug the leaks so that we can increase revenue," he added.
The minister said that there are four-five departments, such as Mining, Forest and Transport, from where the state generates revenues.
"These departments do not have any direct coordination with the Finance Department. So, I have decided to hold a meeting with the secretaries and ministers of these departments for better coordination. Besides, we have also decided to develop an application so that officials could keep a tab on each department's activity such as revenue fixation and achievement," he said.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.54 (+ 3.85)
- 22118992
- Vodafone Idea L
- 8.28 (+ 2.60)
- 20985997
- Spright Agro
- 6.20 ( -4.32)
- 15684886
- Dish TV India Ltd.
- 6.88 ( 0.00)
- 11519464
- G G Engineering
- 1.07 (+ 2.88)
- 11215091
MORE NEWS
REA India Appoints Abhishek Makkar as CTO |...
REA India, parent company of Housing.com and PropTiger, appoints Abhishek Makkar as...

JSW MG Motor: Halol Plant Expansion, Windsor...
JSW MG Motor India is increasing production capacity at its Halol plant to meet demand...
Arkade Developers Targets Rs 740cr from Mumbai...
Arkade Developers secures redevelopment rights for a housing society in Mumbai, aiming...