Odisha Council Of Ministers Approves Draft Budget-2019-20, Bigger Budget Expected This Time

Your browser doesn't support HTML5 video.

Bhubaneswar: As the first session of 16th Odisha Legislative Assembly (OLA) is slated to begin from June 25 to August 8 and the Annual Budget of State will be presented on June 28, the Council of Ministers chaired by Chief Minister Naveen Patnaik today accorded its seal of approval to the draft budget tabled by Finance Minister Niranjan Pujari.

Soon after the meeting, neither the Finance Minister nor any other Ministers as well as the Chief Secretary revealed about the development at the most crucial pre-budget meeting as it is mandatory not to reveal anything prior to the formal tabling of the Budget in the Assembly.

However, a senior journalist and expert in public finance matters hinted that this time the State Budget would be bigger than last year’s.

It is expected that the State Budget of this fiscal year may be of a whooping Rs 1.39 lakh crore (last year it had been around Rs 1.35 lakh crore) as the State Government has been implementing lots of development schemes. The main flagship programmes of the BJD-led Odisha Government are Mission Shakti for lakhs of women self help groups (SHGs), Biju Swasthya Kalyan Yojana (BSKY) mega health assurance scheme and the crowning glory KALIA scheme for the farmers including sharecroppers and land labourers.

Also there are several other welfare and social security schemes.

The expert also hinted at Odisha Government’s large scale industrialization spree.