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Odisha Govt presents Rs 1.39 lakh crore Budget

28/06/2019 at 7:28 PM

Bhubaneswar: The Odisha Government today presented a Rs 1,39,000 crore budget for 2019-20 in the State Assembly, an increase of 15.8 per cent over the previous year’s budget.

Finance Minister Niranjan Pujari also presented a separate Agriculture Budget worth Rs 20,714 crore.

This was the first annual Budget of the Naveen Patnaik Government after it voted to power for fifth consecutive term.

In the 2019-20 budget, the highest resource allocation is witnessed in agriculture and allied sector (Rs 20,714 crore), Panchayati Raj (Rs 18,419 crore) followed by School and Mass Education Department (Rs 16,400 crore).

Pujari said the State’s economy is expected to grow at 8.35% in 2019-20, much higher than all-India growth rate of 7.2%.

Of the total expenditure of Rs 20,714 crore in the Agriculture Budget, the Finance Minister allocated Rs 5611 crore for the KALIA scheme, Rs 1,777 crore for Parvati Giri Mega Lift Irrigation Scheme and Rs 146 crore for Nabakrushna Chaudhury Secha Unayana Yojana and Rs 100 crore was earmarked for Gangadhar Meher Lift Canal system.

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