June 15, 2026 06:44 pm (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
'We saw it on Facebook': NCPI left stunned as 20 rebel TMC MPs announce shock merger
Mon, Jun 15 2026
Modi–Macron mega meeting: India–France Pact to double trade, boost AI, defence, space ties!
Sun, Jun 14 2026
India–Sri Lanka Naval bond grows stronger as INS Sharda concludes key Colombo visit
Sun, Jun 14 2026
All 14 Indian crew members rescued after vessel suffers engine failure off Oman coast
Sun, Jun 14 2026
India–France ties get a boost as Modi meets Macron at high-profile ‘Bharat Innovates’ event in Nice
Sun, Jun 14 2026