Jharkhand Chief Minister Hemant Soren emphasised the need to accelerate development initiatives in the state while boosting revenue generation in his first review meeting with senior officials after assuming the post of Chief Minister on Monday.
In a high-level meeting with senior officials, including Principal Secretaries and Secretaries of different departments, he instructed officials to expedite revenue collection and identify new sources of additional revenue.
The directive came in the context of meeting the demands of newly launched schemes beyond the financial year 2024–25 budget and preparing for the supplementary budget for the same fiscal year.
Soren stressed the importance of strengthening revenue management and curbing wastage of revenue and administrative expenses.
He urged officials to analyse the revenue generation system at a micro level to identify and rectify inefficiencies. Each department was directed to develop a concrete action plan for improving revenue collection.
Highlighting coordination as a key factor, the Chief Minister noted that revenue collection often falls short of targets due to a lack of inter-departmental cooperation.
To address this, he called for better collaboration among departments and the assignment of clear responsibilities to district-level officers.
He pointed out that several agencies, boards, and corporations within various departments have untapped potential to generate significant revenue. He suggested restructuring these entities into business models to expand their operations and contribute additional income to the state.
Further, Soren addressed the need to monitor funds spent under Corporate Social Responsibility (CSR) initiatives by industries and companies operating in the state.
He instructed officials to establish a system for tracking CSR expenditures and recommended engaging with companies and industry groups to explore further revenue-enhancing opportunities.
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