Odisha Budget 2020: FM Niranjan Pujari Presents State Budget In Assembly

Bhubaneswar: Finance Minister Niranjan Pujari on Tuesday presented the State budget 2020-21 in Odisha Assembly.

This is for the first time that Odisha switched to digital method to reduce printing of documents for the budget. Over 700 big trees were saved in the State’s bid to present a paperless budget. Pujari claimed that the overall cost for printing of budget documents has reduced significantly.

Key Highlights:

-Odisha increases MLALAD to Rs 3 crore; Rs 441 crore proposed for the purpose in the budget

-A budget of Rs 70 crore allocated to IPICOL for organising Make In Odisha Conclave in 2020

-Madhubabu Pension Yojana gets Rs 1,718 crore; Rs 928 crore outlay proposed under National Social Assistance Programme (NSAP)

Rs 700 crore to be spent on #EKAMRAPlan to pedestrianize more than 65 acre around Lingaraj temple in Bhubaneswar; for 2020-21, an outlay of Rs 150 crore proposed in #OdishaBudget2020 #OdishaBudgetWithOTV pic.twitter.com/LBaedrAoLw

— OTV (@otvnews) February 18, 2020

- Rs 50 crore allocated for the development of Samaleswari Temple & Hirakud dam in Sambalpur

-Fiscal deficit is estimated to be 3% of GSDP for the year 2020-21: Finance Minister Niranjan Pujari

-Rs 3,962 crore allocation proposed for PMAY Gramin and Biju Pucca Ghar

-State government allocates Rs 3,250 crore outlay for rural water supply and Rs 2000 crore under Jal Jeevan Mission

-A budget of Rs 22,631 crore allocated for Education & Skill Development

-State government allocates Rs 3195 crore for KALIA Scheme

Own Tax Revenue - 38,350 Cr; Non-Tax Revenue -17,650cr, Central Tax Devolution - 36,300cr; Central Grants - 32,000 Cr; Rev Surplus - 6595 cr: Finance Minister Niranjan Pujari while presenting #OdishaBudget2020 #OdishaBudgetWithOTV pic.twitter.com/sSjN0Mdr8v

— OTV (@otvnews) February 18, 2020

-Rs 3208 crore proposed towards Abadha Yojana for development of Puri 

-Market borrowings pegged at Rs 25,000 crore

-A budget of Rs 19,408 crore proposed for Agriculture

-Odisha government proposes Rs 705 crore for interest-free agriculture loan to farmers under KALIA scheme

Rs 1060 crore allocation proposed in #OdishaBudget2020 for flood control & floodwater discharge: #Odisha Finance Minister Niranjan Pujari #OdishaBudgetWithOTV

— OTV (@otvnews) February 18, 2020

-Total budget pegged at Rs 1.50 lakh crore, informs Odisha Finance Minister Niranjan Pujari

-Economic growth of Odisha estimated at 6.16% as compared to national growth rate of 5%

-Odisha second state in country to present paperless budget