Tag: Odisha Finance Minister

Odisha Finance Minister Niranjan Pujari Monday offered the state Budget for 2021-22, with a thrust on agriculture, healthcare, industries, livelihood and heritage and tourism growth.
“We propose a larger budgetary outlay of Rs.1,70,000 crore for 2021-22 which includes an outlay of Rs 85,000 crore for administrative expenditure, Rs 75,000 crore for programme expenditure, Rs 3,050 crore for Disaster Response, and Rs 6,950 crore for transfer to local bodies and development authorities. Besides, we propose to invest about Rs 8,000 crore from off-budget resources like OMBADC, DMF, State PSUs etc to supplement the budgetary outlay. The capital outlay in 2021-22 is Rs 25,788 crore, which is about 4.4 per cent of GSDP,” Pujari stated in his price range speech.
The price range for 2021-22 was offered via the National e-Vidhan Application. Pujari stated the initiative would scale back printing of about 1.5 crore pages of paper and save about 2,000 massive timber.
The complete funding for Agriculture and Allied sector from budgetary and off-budget sources can be about Rs 20,000 crore, Pujari stated, emphasising that this sector contributes round 21 per cent to the Gross State Value Added as per the advance estimates of 2020-21.
With a sum of Rs 9,164 crore, the general public healthcare sector noticed a bounce of 19 per cent budgetary allocation. “The outbreak of the pandemic and its management affirm our belief that providing state-of-the-art healthcare facilities and keeping a workforce of medical professionals and trained health workers always in a state of readiness to deal with such unprecedented public health emergencies,” Pujari stated.
With particular emphasis on MSMEs this 12 months, Rs 465 crore has been allotted to advertise the sector, a bounce of 86 per cent in allocation over the earlier 12 months. A particular Covid package deal of round Rs 289 crore to help MSMEs within the wake of the pandemic’s impression was already in place.
To handle misery migration from affected blocks within the state amid the pandemic, a corpus fund of Rs 500 crore has been allotted to facilitate well timed fee of wages below MGNREGA.
Heritage Conservation and Tourism growth has additionally obtained a serious increase with a 25 per cent enhance within the allocation to tourism division.