Tag: Annual Budget

Since coming to power, the Modi government has curtailed printing of the Budget copies -- initially cutting copies distributed to journalists and outside analysts and then reducing those provided to Lok Sabha and Rajya Sabha MPs citing outbreak of the pandemic.

Bhubaneswar: As the 2019 elections inch closer, the state government is exploring an ‘adjustment’ formula for the upcoming supplementary budget. In a letter to all departments asking them to submit their proposals, the Finance Department made it clear that the supplementary budget 2018-19 would be purely an adjustment budget. “The administrative departments would be allowed […]

Bhubaneswar: The State Government today presented the last annual budget before the 2019 general elections and with a proposed total outlay of Rs 1,20,028 crore for the 2018-19 fiscal. Presenting the budget in State Assembly today, Finance minister Sashi Bhusan Behera said the size of the budget is about 12.3 percent more than the annual […]

Bhubaneswar: A budget of Rs 1.20 lakh crores for the financial year 2018-19 was approved in a meeting of the State Council of Ministers on Wednesday with an emphasis given agriculture and infrastructure development sectors in rural pockets. Sources said the pro-poor budget has been made keeping in view the 2019 elections as government has […]

Bhubaneswar: As compared to its annual budget of Rs 94,000 crore in 2016-17 fiscal, the annual budget of Odisha in 2017-18 fiscal is pegged at Rs 1.06 crore. The draft annual budget proposal of the Odisha government for the financial year 2017-18 was approved by the Council of Ministers in a meeting here this evening […]

Bhubaneswar: Amidst falling revenue, the Odisha government’s focus will be on increasing revenue generation in the upcoming 2018 annual State Budget. At the pre-budget meeting of the Finance department with former finance ministers, representatives from industries, economists investors, RBI and Nabard officials, emphasis was laid on the areas through which revenue collection can be increased […]

Bhubaneswar: The Finance department of Odisha will hold discussions with economists, former finance ministers, industrialists and investors ahead of the 2017-18 annual budget tomorrow. According to sources, the 2018 budget size is likely to be around Rs 1 lakh crore. With the State government implementing the recommendations of the 7th Pay Commission, the exchequer will […]

For the first time, the Odisha government has decided to give priority to public opinion in the preparation of the annual State Budget this year

Bhubaneswar:  The Odisha government on Thursday extended the date for inviting suggestions from the public for preparation of the annual budget for the 2017-18 fiscal. Considering the pro-active participation of the people in the budget-making process, the state finance department has extended the last date for submission of budget suggestions until January 22. The department […]

Bhubaneswar: As part of its pre-budget consultation, Odisha government has sought suggestions from public to be used as an input to prepare the annual Budget for 2018-19. Suggestions can be sent by e-mail to the address odisha.budget@gov.in, through Whatsapp, Telegram and SMS to the mobile number (+91) 9438161111. This facility will be available from December […]

Bhubaneswar: The Legislative Assembly on Friday passed the Odisha Appropriation Bill, 2017 allowing the state government to utilise the state’s annual budget of Rs 1.10 lakh crore for the 2017-18 fiscal from its consolidated fund. The bill, introduced by state Finance minister Pradip Kumar Amat, was passed by voice vote. Though no BJP member participated […]

Bhubaneswar: Projecting 8 to 8.5 per cent growth rate in the next fiscal, Odisha’s finance minister Pradip Kumar Amat today presented the budget for 2017-18 with an outlay of Rs 1,06,911 crore, which is about 13.7 per cent more than allocated in the last budget. “We propose an outylay of Rs 1,06,911 crore for 2017-18 […]