Tag: Odisha Budget 2019 20

Bhubaneswar: As the countdown to the budget 2019-20 has started ticking,  the State Finance Department seems to have gone into a huddle to meet the gigantic fund requirement to the tune of Rs 85,000 to Rs 90,000 crore for a string of schemes announced by the State Government during the pre-election year. For the game-changer […]

Bhubaneswar: As the new Finance Minister Niranjan Pujari will be presenting the first budget of Naveen 5.0 on coming Friday (June 28), the big watch out point in the upcoming full budget 2019-20 is the allocation to the education sector. A check-out out here looks all the more imperative because, Odisha had fared poorest among […]

Bhubaneswar: It seems surfeit of schemes has taken a toll on the State finances. The biggest fallout noticed in the annual budget 2019-20 presented by new Finance Minister Niranjan Pujari today points to a big dip in revenue surplus . And at the  same time the fiscal deficit has increased, so too is the primary […]

Bhubaneswar: With CM Naveen Patnaik’s pet programme  ‘Ama Gaon, Ama Bikas’ witnessing a big cut in allocation to Rs 400 crore in 2019-20 budget from a whopping Rs 1,250 crore in 2017-18, the budget delivered a shocker as for the second time in succession it has pruned the expenditure on rural development. The giant effect […]

Bhubaneswar: Here is a stark instance that vividly portrays how politics supercedes the theme of development in Odisha. The State had witnessed an embarrassing situation in Gumdumaha over killing of innocent tribals only 2-years back as the SOG had then open fired at them assuming as Maoists. The reality was the innocents were trapped by […]

Bhubaneswar: With Odisha going to witness an increase of mere 6 per cent in the net proceeds of taxes and duties as devolution from Centre in 2019-20, this has the potential to make the State FM’s budget 2019-20 calculations go haywire. As per the Budget 2019-20 tabled by Union Finance Minister  Nirmala Sitharaman,  the State […]