Patna,(BiharTimes): The state witnessed a decline of 33.06% in the collection of revenue in the first quarter of this financial year in comparison to the corresponding period in 2015-116. This is largely attributed to the implementation of total prohibition on April 5 last.

Tabling the report in the Assembly on Wednesday finance minister Abdul Bari Siddiqui said the state generated Rs 4,077.31 crore between April 1 and June 30, 2016 whereas in corresponding period last year it was Rs 6,091 crore. The state’s expenditure on development activities under plan head is also low with only 8.99% funds spent against the budget provisions whereas 17.87% has been spent on non-plan head.
The state’s biggest revenue earners, commercial taxes and VAT, have shown declining trends during this period of three months. It was Rs 2,372 crore against Rs 3,666 crore in the corresponding period last year. This is 35.30% less. However, the transport and registration departments saw an increase in revenue. It was Rs 874 crore from registrations against Rs 862 crore in the same period last year. On the other hand road tax has generated Rs 276 crore against Rs 250 crore during the same period last year––a rise of 10.10%. The government has set a target of generating Rs 31,000 crore from internal resources.
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