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Odisha Assembly Okays Govt’s Fiscal Spending; Know The Amount

Odisha Assembly Okays Govt’s Fiscal Spending; Know The Amount

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Odisha Assembly Okays Govt’s Fiscal Spending; Know The Amount

by OB Bureau
April 1, 2021
in Odisha
Reading Time: 1 min read
Odisha Assembly Okays Govt’s Fiscal Spending; Know The Amount
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Bhubaneswar: The Odisha government can spend Rs 1.75 lakh crore from its consolidated funds during the financial year 2021-22, as per a bill passed in the Assembly.

Earlier tabling the Odisha Appropriation Bill, 2021 in the Assembly on Wednesday, Finance Minister Niranjan Pujari gave a break-up of the planned spending.

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The minister said Rs 85,000 crore has been allocated as administrative expenditure, Rs 75,000 crore as programme expenditure, Rs 3,050 crore as disaster response fund and Rs 6,950 crore towards transfers from the state.

Pujari appealed that the passage of the Bill is essential as the funds will be spent for tackling the COVID-19 pandemic.

He further informed that around Rs 8,000 crore has been allocated from off-budget resources like Odisha Mineral Bearing Areas Development Corporation (OMBADC), District Mineral Foundation (DMF) and state PSUs to supplement the budgetary outlay.

Speaker SN Patro announced that the budgetary demands for grants for 33 departments scheduled for discussion were passed through guillotine before the Appropriation Bill.

Both the opposition BJP and Congress members participated in the discussion before the passage of the Bill, according to a report by news agency PTI.

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