Bhubaneswar:Odisha Finance Minister Sashi Bhusan Behera today presented the vote-on account budget for 2019-20 in state Assembly with a proposed expenditure of Rs 1, 32, 660 crore.
The vote-on-account for the first four months of this fiscal has been pegged at Rs 56, 921 crore.
Behera presented the vote-on-account amid Opposition walkout. While the BJP and Congress termed the vote-on-account as propagandist, the ruling Biju Janata Dal (BJD) described it as development oriented.
While Presenting the Budget in the Assembly, Odisha Finance Minister Shashi Bhusan Behera stated “Odisha’s economy is expected to grow at the rate of 8.35 per cent in 2018-19 surpassing all India rate of 7.2 per cent. This comes on top of a robust average growth of more than 8 per cent in the last six years compared to the national average of about 7.1 per cent. Going by the trends in the external and domestic economic environment, the state economy can be expected to grow in the range of 8 per cent to 8.5 per cent during 2019-20.”
Allocations under schemes: PEETHA (Rs 400 crore), Mission Shakti (Rs 301 crore), Mamata (Rs 305 crore), Biju Swasthya Kalyan Yojana (Rs 864 crore), state share in Railway projects (Rs 410 crore), Biju Setu Yojana (Rs 500 crore), Mukhyamantri Sadak Yojana (Rs 350 crore), Gopabandhu Gramin Yojana (Rs 500 crore and Biju Yuva Bahini (Rs 105 crore).
The government made highest allocation under KALIA (Krushak Assistance for Livelihood and Income Augmentation) scheme amounting to Rs 4461 crore. Besides, Rs 2935 crore was allocated under BASUDHA and Rs 1777 crore for Parbati Giri Mega lift irrigation project.