December 29, 2025 08:15 am (IST)
Follow us:
Odisha faces loss of Rs 1776 crore in central revenue: Naveen Patnaik
Bhubaneshwar, Jan 10 (IBNS): Asking the Niti Aayog to declare Odisha as a special category state through a special dispensation, Chief Minister Naveen Patnaik has stated that the state would face a net loss of Rs 1776 crore in Central fund flow in 2015-16 despite increase in tax devolution.
"Though there has been increase in devolution of central taxes from 32% to 42% for Odisha, there will be a net loss in central fund flow to the tune of Rs 1776.31 crore during 2015-16," Patnaik was quoted as saying when Niti Aayog Vice Chairman Arvind Panagariya met him here.
"This calls for formulation of a strategic plan for the entire country by the Niti Aayog and similar exercise at the state and district levels," he said.
He sought the support for development of the backward areas.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
'Nothing will happen to me,' Madhya Pradesh BJP councillor’s husband accused of rape, blackmail
Sun, Dec 28 2025
Supreme Court steps in on Aravalli mining row, CJI-led bench to hear suo motu case on Monday
Sat, Dec 27 2025
Delhi Police arrest over 660 in massive Operation Aaghat crackdown ahead of New Year celebrations
Sat, Dec 27 2025