Odisha finance minister Bikram Keshari Arukha presented the Annual Budget (Vote-on-Account) for 2024‐25 in the State Assembly with an outlay of Rs2,55,000 crore, which is about 11 percent more than 2023-24 budget.

Budget

Odisha finance minister Bikram Keshari Arukha presented the Annual Budget (Vote-on-Account) for 2024‐25 in the State Assembly with an outlay of Rs2,55,000 crore, which is about 11 percent more than 2023-24 budget. The FM has earmarked a programme expenditure of 1,40,000 for the FY 2024-25. Of this Rs 63,400 crore has been provided in the Vote-on-Account. Similarly, the administrative expenditure has been pegged at Rs1,03,500 47,660, up from Rs94,000 allocated in 2023-23 budget. The highest resource allocation of Rs 33,865 crore has been proposed for the school and mass education department. It constitutes 9.71 percent share in total budget size for the financial year 2024-25. The other departments which have got maximum allocations are the panchayati raj department Rs 22,543 crore (8.84 percent), health and family welfare Rs 19,729 crore (7.74 percent), water resources Rs 13,267 crore (5.20 percent) and planning and convergence Rs 12,043 crore (4.72 percent). According to the state finance minister, the overall food production in Odisha has doubled in the last 22 years. The state government implemented the KALIA scheme to speed up agricultural development and alleviate poverty. So far, 43.88 lakh small and 18.93 lakh landless farmers’ families have been benefited under the scheme.


      No new schemes or initiatives have been declared by the FM in the budget.

     

     

 

     


Odisha

Capital- Bhubaneswar
Chief minister- Naveen Patnaik
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