Odisha

Annual Budget Of Odisha To Be Presented In State Assembly Today

Bhubaneswar: The annual budget of Odisha for the year 2018-19 will be presented in the State Assembly by the Finance Minister Shashi Bhushan Behera in the afternoon on Friday.

The volume of the budget is most likely to exceed Rs 1.20 lakh crore.

Considering that the annual budget is the last budget before the 2019 General and Assembly elections, it is expected that the state government, in an attempt to woo the voters, will make the budget more people-friendly.

The main focus of the budget will be on agriculture, farmer, education, health, transport, irrigation, drinking water, infrastructure and rural development.  Most likely the emphasis will be on the poor, middle class, students, youth and women.

“It will be a people-friendly budget. Usually, the budget is prepared according to the need of the poor and common man along with all major issues like agriculture, health, education, social security etc., which have been reflected in this annual budget,” the Finance Minister said.

The total outlay of the last year’s Budget was Rs 1.06 lakh crore while the state government had incurred loan to the tune of Rs 10,000 crore from the open market to meet targeted spending.

OB Bureau

Recent Posts

Kangana Ranaut Avoided Treading Into ‘Affairs’ Of Indira Gandhi In ‘Emergency’; Know Why

Mumbai: After several hurdles and controversies, actor-turned-politician Kangana Ranaut’s political drama ‘Emergency' is running in…

4 minutes ago

Ambanis Meet Donald Trump At Pre-Inauguration Dinner, To Attend Swearing-In Ceremony

Bhubaneswar: Ahead of Donald Trump's swearing-in ceremony, business tycoon Mukesh Ambani and his wife Nita…

21 minutes ago

50 People Stranded In Odisha’s Chilika Lake Again As Boat Develops Technical Snag

Bhubaneswar: Around 50 people were stranded in Odisha's Chilika lake as the boat ferrying them…

33 minutes ago

Odisha To Host Another National-Level Event From Tomorrow At Konark

Bhubaneswar: The two-day 3rd National Mining Ministers’ Conference will begin at Konark in Odisha on…

1 hour ago

5 Children Consume Fertiliser Mistaking It As Salt, Hospitalised In Odisha’s Deogarh

Deogarh: Five children were hospitalised as they fell ill after consuming fertiliser mistaking it as…

1 hour ago

‘IIT Baba’ Expelled From Mahakumbh Mela Ashram! Know What Happened

Prayagraj: Abhey Singh, a former aerospace engineer from IIT Bombay who became the viral face…

2 hours ago