Economics • Indian EconomyMedium
In the administration of state finances in Chhattisgarh, what constitutes the single largest non-tax revenue source for the state government?
A. Royalties and mineral concessions derived from extensive coal, iron ore, and limestone mining operations✓ Correct Answer
B. Profits earned from state-owned commercial manufacturing and textile export enterprises
C. Dividends declared by private commercial banks operating within the capital city of Raipur
D. Fees collected from international tourism permits in national parks and wildlife sanctuaries
💡 Solution & Explanation
Chhattisgarh possesses abundant mineral wealth, including coal, iron ore, bauxite, and limestone, making mineral royalties and auction revenues from mining leases the primary driver of non-tax revenue inflows into the state exchequer. These funds support developmental expenditure and infrastructural investments. District Mineral Foundations also channel resource rents directly into local area development.
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