Odisha Budget 2023-24

February 24, 2023

The Odisha State Finance Minister Niranjan Pujari presented a budget of Rs 2.3 lakh crores in the assembly. According to the minister, Odisha is one of the few states in the county to become revenue surplus in 2023-24. The Government is to keep Rs 94,000 crores under its control. As compared to 2022-23, the state government increased its programme expenditure by 25%.

Key Highlights

Rs 2,000 crores for paddy procurement
Rs 1879 crores for KALIA Scheme
Rs 24,829 crores for State Agriculture
Mission Shakti: Rs 6224 crores
Disaster Risk Management: Rs 3700 crores
For piped water connection: Rs 13,215 crores
Internal Security: Rs 8,130 crores
Handloom: Rs 219 crores
Development of SC and ST: Rs 38,437 crores
Education: Rs 30,030 crores

Observation

The budget of Odisha was evenly spread. All the sectors received equal importance. On the other hand, the budget of UP and the budget of Gujarat focused more on road construction and infrastructural-related developments. Though the budget of Odisha was less as compared to several BJP-ruled states, the budget was in equity. Importance was given to the development of SC and ST, education, agriculture, and disaster management.

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