Jharkhand's Revenue Drive: A New Fiscal Frontier

Jharkhand's finance minister, Radha Krishna Kishore, emphasized boosting state revenue through various departments by setting ambitious targets, especially in excise revenue. He also proposed establishing Mahua-based liquor plants and power projects. The state budget will be finalized by the chief minister on January 28.

Jharkhand Finance Minister Radha Krishna Kishore has called for a significant boost in the state's revenue streams, targeting various departments to meet ambitious fiscal goals.

Following extensive meetings during a two-day pre-budget consultation, Kishore directed focus on increasing excise revenue, drawing comparisons with states like Chhattisgarh and Haryana.

In a bid to diversify revenue sources, he proposed setting up Mahua-based liquor production and local power plants, including a potential nuclear power plant, to enhance energy independence and financial health.

(With inputs from agencies.)