Bihar's revenue collection registers growth in August: Sushil Modi
Patna: Bihar Deputy Chief Minister Sushil Kumar Modi on Friday said that the state has registered a growth of 11.70 percent in revenue collection in August, compared to that in the corresponding month in the previous financial year.
Despite the growth, recorded for the first time in the 1920-21 financial year, the overall revenue collection from April to August witnessed a decline of 23.69 percent in comparison to the figure for the same period last fiscal, said Modi who is also the state's finance minister.
Revenue collection was affected because of the halt in economic activities due to the COVID-19 pandemic, he said.
Modi also said that while the departments of commercial taxes, registration, and transport witnessed a decrease in revenue collection, the mines department registered a growth of 77.93 percent despite adverse conditions.
In April, when the lockdown was in force, tax collection saw a fall of 81.61 percent compared to that in the corresponding month in 2019, he said.
The rate of decline, however, is gradually improving since then and it was 8.34 percent in July, he said.
