Odisha

Odisha Goes For 2nd Vote-On-Account In One Financial Year; Know Why

By
OB Bureau

Bhubaneswar: Chief Minister Mohan Charan Majhi is scheduled to introduce a 2nd vote-on-account during a financial year in Odisha Assembly on Wednesday to meet the expenditure for implementation of government schemes and other administrative requirements for two months.

The second vote-on-account of 95,000 crore is for the months of August and September, and perhaps a first for Odisha.

The first vote-on-account of Rs 1.18 lakh crore placed by the previous BJD government on February 8, in view of the Lok Sabha and Assembly elections, was for four months of the 2024-25 financial year.

According to sources, the need for second vote-on-account arose as the Appropriation Bill for the 2024-25 budget will be placed for approval in the Assembly on September 13. Since the first vote-on-account will last till July 31 and there was a need to take the approval of the House for making provision for functioning of the government for the next two months.

Notably, the Mohan Majhi government is likely to launch several flagship schemes, including Subhadra Yojana and paddy purchase from farmers at minimum support price of Rs 3,100 per quintal, during the next two months.

Sources further said that the two vote-on-accounts will exhaust Rs 2,08,000 crore of the main budget of Rs 2.65 lakh crore and the government may have to go for a supplementary budget to cover all the schemes which have been announced.

Also Read: Odisha CM Slams Naveen Patnaik Over ‘Name Changer, Jumla’ Jibe, Says Budget Will Fulfil People’s Dream

On Tuesday, Majhi had said that his maiden budget will serve as the groundwork for a prosperous Odisha by the time the state celebrates its 100th anniversary in 2036. He also justified the change of names of “certain schemes” saying all can’t be named after just one personality.

OB Bureau

Recent Posts

Centre Approves Repatriation Of IAS Officer SK Mishra To Parent Cadre Odisha

Bhubaneswar: The Central government has approved repatriation of IAS officer Sanjeeb Kumar Mishra to Odisha…

November 12, 2024

30 Artists Draw Paintings On Life of Odisha’s 1st CM Harekrushna Mahatab At Camp In Bhubaneswar

Bhubaneswar: As part of the 125th birth anniversary celebration of Odisha's first Chief Minister ‘Utkal…

November 12, 2024

State-Level Children’s Fest ‘Suravi’ Takes Off In Bhubaneswar

Bhubaneswar: The state-level Sishu Mahotsav 2024, 'Suravi', took off on the premises of Capital High…

November 12, 2024

‘Yaariyaan’ Actor Himansh Kohli Ties The Knot In A Private Ceremony

Mumbai: ‘Yaariyaan’ actor Himansh Kohli got hitched in a private ceremony on Tuesday. The actor…

November 12, 2024

ECoR To Enhance Power Infra In Several Rly Sections In Odisha

Bhubaneswar: The East Coast Railway (ECoR) is set to enhance its electrification infrastructure with the introduction…

November 12, 2024

5th EMRS National Cultural & Literary Fest & Kala Utsav Begins On Odisha

Bhubaneswar: More than 1400 students from 22 states are participating in the 5th EMRS (Eklavya…

November 12, 2024

Mukesh Khanna Gets Trolled For Posting Teasers On Shaktimaan’s Return

Mumbai: Veteran actor Mukesh Khanna left netizens in a bad mood after he announced the…

November 12, 2024

Rourkela NIT, Bhubaneswar’s KIIT & Cuttack’s SCB Medical College Win State-Level RBI90Quiz

Bhubaneswar: The team from the National Institute of Technology, Rourkela comprising Arpan Chakrabarty and  Dibyajyoti…

November 12, 2024