Niranjan Pujari presents Odisha State Budget 2023-24, Major highlights and allocations for important sectors
Odisha Finance Minister Niranjan Pujari presented the 2023-24 State Budget of Rs 2,30,000 crore in the State Assembly in the presence of Odisha Chief Minister Naveen Patnaik.
According to Pujari, Odisha is among the very few states that are revenue surplus and capable of large-scale investments in people-centric and growth-oriented programmes. Odisha, the only state in the country that has been fully compliant with Odisha Fiscal Responsibility and Budget Management (FRBM) Act, 2005 since its enactment.
Pujari announced Rs 2,000 crore revolving fund for paddy procurement, Rs 1879 crore outlay for KALIA scheme and Rs 24,829 crore for State agriculture.
The Finance Minister also announced Rs 16,048 crore for the health and family welfare department in Budget 2023-24. It has been increased by 27% as compared to 2022-23.
Allocation For Important Sectors
Rs 16,048 crore for Health sector (27% increase)
Rs 30,030 crore for Education and Skills (10% increase)
Rs 38,437 crore for SCs and STs development (18% increase)
Rs 13,215 crore for Piped Water (58% increase)
Rs 24,829 crore for Agriculture & allied sector (21% increase)
Rs 680 crore for Tourism (15% increase)
Rs 19,452 crore for Roads, Bridges, Airports and Railways (34% increase)
Rs 1,217 crore for development of Sports (34% increase)
Rs 7,914 crore for Urban Development (9% increase)
Rs 356 crore for E & IT (18% increase)
Rs 6,224 crore for Mission Shakti, W&CD (12% increase)
Rs 219 crore for Handloom, Textiles & Handicrafts sector (8% increase)
Rs 1358 crore for Industries and MSME (7% increase)
Rs 8,130 crore for Internal security and justice (8% increase)
Rs 3,700 crore for Disaster Risk Management (13% increase)
Rs 7300 crore for transfer to Local Bodies