Revenue collection: Mamata Banerjee's West Bengal beats rest of India in growth

Written by PTI | New Delhi | Updated: Nov 25 2013, 21:42pm hrs
Mamata BanerjeeTerming, India's IIP index of 0.05 per cent as 'pathetic', West Bengal government says the state IIP grew by 6.65 per cent.
Revenue collection of West Bengal has risen by 21.6 per cent in the last five months, state Finance minister Amit Mitra said today.

"From April to August 2013, West Bengal's tax collection growth has been the second highest in India with 21.6 per cent growth," Mitra said.

Moreover, the collection was during the months between April to August. "There is less revenue collection in the first five months of the financial year," he said, adding that these are the figures by the central government.

Mitra further said, "I am hoping that by the end of the year, we would capture the number one slot."

The state government collects three kind of taxes VAT, which includes sales tax, stamp duty on registration and excise duty.

"Putting all the three taxes together, West Bengal has emerged as the second highest in the country," he said, during a press meet on the occasion of the West Bengal Day.

Highlighting the economic achievements of the Mamata Banerjee government, he said, "In the GDP terms, India grew by 4.9 per cent in 2012-13, while the West Bengal grew by 7.6 per cent. Its remarkable dynamics of the state".

Terming, India's Index of Industrial Production (IIP) index of 0.05 per cent as "pathetic", Mitra said that the state IIP grew by 6.65 per cent.