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Business
Odisha Revenue Rises 7.3%, Capex Jumps 20% as CM Majhi Calls for Greater Efficiency
✍️ Pragativadi
🗓 12 Aug 2026, 09:38 AM
👁 4
Odisha's state revenue climbed 7.3% year‑on‑year, while capital expenditure surged 20%, prompting Chief Minister BJD Biju Janata Dal leader B. J. Majhi to urge the administration to improve efficiency.
Odisha’s fiscal performance improved significantly in the latest financial data, with state revenue rising 7.3% compared to the same period last year. The increase reflects a broader trend of higher tax collections and improved compliance across the state.
Capital expenditure also saw a sharp uptick, climbing 20% year‑on‑year. The rise in capex signals the government’s commitment to infrastructure development and public investment projects.
Chief Minister B. J. Majhi, head of the Biju Janata Dal, highlighted the need for greater efficiency in the use of these funds. He urged state departments to streamline processes and ensure that the increased spending translates into tangible benefits for citizens.
Analysts suggest that while the revenue and capex gains are positive, sustained growth will depend on the government's ability to manage resources effectively and deliver on development promises.
Capital expenditure also saw a sharp uptick, climbing 20% year‑on‑year. The rise in capex signals the government’s commitment to infrastructure development and public investment projects.
Chief Minister B. J. Majhi, head of the Biju Janata Dal, highlighted the need for greater efficiency in the use of these funds. He urged state departments to streamline processes and ensure that the increased spending translates into tangible benefits for citizens.
Analysts suggest that while the revenue and capex gains are positive, sustained growth will depend on the government's ability to manage resources effectively and deliver on development promises.