Odisha budget 2020 in a nut-shell

Bhubaneswar, 18/2:  State Finance Minister Niranjan Pujari has presented the Union Budget for the financial year 2020-2021. The salient features of the budget are as follows.

  • The economic growth of Odisha estimated at 6.16 percent as compared to the national growth rate of 5 percent.
  • Total budget pegged at Rs 1.50 lakh crore
  • Market borrowings pegged at Rs 25,000
  • Rs 19,408 crore allocation proposed for Agriculture
  • A total of 43 lakh farmers benefited through KALIA scheme
  • Rs 5115 crore debited to farmers’ account through KALIA scheme
  • Rs 705 crore allocation proposed for interest-free agriculture loan to farmers under KALIA scheme
  • Rs 1060 crore allocation proposed for flood control & floodwater discharge
  • Rs 3208 crore proposed for Abadha Yojana for development of Puri
  • Rs 3195 crore for KALIA Scheme allocated for KALIA scheme
  • Rs 1000 crore proposed for the development of SCB Medical College & Hospital
  • Rs 22,631 crore allocated for Education & Skill Development
  • Rs 22,631 crore allocated for Education & Skill Development
  • Rs 3,250 crore outlay for rural water supply and Rs 2000 crore under Jal Jeevan Mission
  • Rs 3,962 crore allocation proposed for PMAY Gramin and Biju Pucca Ghar
  • The fiscal deficit is estimated to be 3 percent of gross state domestic product (GSDP) for the year 2020-21

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