Bhubaneswar: The house proceeding was adjourned till Saturday after Finance Minister Niranjan Pujari presented the first Supplementary Budget amounting to ₹11,200 crore for 2020-21 in the Odisha Assembly on Friday.
Pujari said that allocations have been reprioritised focusing on COVID response related to health, food and social security, livelihoods and employment generation. The budget not only recognises the volume of state spending but also its multiplier effect through efficient and effective utilisation, completion of projects and schemes so as to deliver the benefits to the people. The packages announced by CM like COVID-19 warrior special assistance, Handloom, Textile and Handicraft sector, MSME sector, Mission Shakti have been fully funded, he added.
According to the supplementary provisions, ₹2,273 crore has been allotted towards Administrative Expenditure, Rs 1,484 crore towards Disaster Management Funds, Rs 5 crore towards Transfer to Local Bodies and Rs 7,438 crore towards Programme Expenditure.
The allocations under Administrative Expenditure and Transfers to Local Bodies are to be financed against adjustment and surrender. The allocation under Disaster Management Funds will be financed against year-end balance and anticipated receipts from NDRF.
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