Bhubaneswar: Odisha Finance Minister Niranjan Pujari raised some issues concerning to the state in the pre-budget consultations with Finance Ministers of states chaired by the Union Finance Minister Nirmala Sitharaman on Monday. The Odisha government demanded Rs 7,200 crore in the railway sector and Rs 5,650 crore in the telecom sector in the forthcoming Union […]
Bhubaneswar: Odisha Government has sought adequate fund allocation for the State in Union Budget for 2021-22. The State demanded Rs 72,000 crore for the development of Railway infrastructure in Odisha and sanctioning of new railway lines. Taking part in the pre-budget consultation meeting with Union Finance Minister Nirmala Sitharaman, Odisha Finance Minister Niranjan Pujari said […]
Bhubaneswar: Even as the State cabinet has finalised the contours of Odisha’s post-pandemic budget with a total expenditure plan of Rs 1.7 lakh crore, the state of finances as on January end indicates a deceleration of the Gross State Domestic Product (GSDP) in the current financial year ending on March 31, 2021. Highly placed sources […]
Bhubaneswar: It seems the hon’ble members of Odisha State Assembly are very happy to oblige to the British tradition of presenting the budget at 5 pm in the evening. This is so when the Union Budget in Parliament is being tabled on the floor of the Lok Sabha at 11 am since the year 1999. […]
Bhubaneswar: The Odisha Agriculture Budget tabled today in State Assembly delivered a big shocker when the farmer unrest is making headlines in the country. Despite the State Agriculture sector in the State having been contracted by a massive 6.54 per cent in the current financial year of 2020-21, the allocation for the year 2021-22 saw […]
Bhubaneswar: Unlike the last budget, Finance Minister Niranjan Pujari has allocated Rs 175 crore less to the irrigation schemes in the State. Moreover, the irrigation budget carries an imprint of ‘Made for Western Odisha’. A detailed glance at the allocations reveal that outlays made under different irrigation schemes in this budget lacks a holistic approach. […]
Bhubaneswar: Unlike the mantra of higher spending in the Union Budget 2021-22, and when developed countries like the US and others in European Union have not hesitated in opening up their coffers after the pandemic shock, the Odisha Budget 2021-22 surprisingly decided to remain inside the ‘Laxman Rekha’ of FRBM Act. Though Finance Minister Niranjan […]
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