Odisha Finance Minister Niranjan Pujari will present a supplementary budget of Rs 19,380 crore on the first day of the Winter Session of the State Legislative Assembly on Wednesday.
With the panchayat and civic body elections ahead, it is expected that more focus would be given to the improvement of rural infrastructure.
Planning and Coordination Minister Padmanabha Behera said the government has been laying emphasis on drinking water and irrigation which has been reflected in the supplementary budget.
Last year, the supplementary budget amount was around Rs 12,000 crore while this year, the budget amount is around Rs 19,000 crore, an increase of around Rs 7,000 crore.
The experts observed the budget will go a long way in improving the rural financial condition. “Maximum focus has been given to rural economy in the Rs 19,380 crore supplementary budget. The rural economy will improve if there is agriculture, drinking water and road communication sectors get investment,” observed chartered accountant Rajiv Sahu.
Notably, the Odisha cabinet meeting held under the chairmanship of Chief Minister Naveen Patnaik had approved the supplementary budget of Rs 19,380 crore on November 23.