Odisha budget 2019: Rs 1.32 lakh crore interim budget presented
Odisha Finance Minister Sashi Bhusan Behera on Thursday presented a Rs 56,921 crore vote-on-account for the first four months of 2019-20 fiscal while tabling the Rs 1.32 lakh crore interim budget for the full year of 2019-20 in the Assembly.
Rs 56,921 crore for vote-on-account
"Keeping in view the requirement of funds for expenditure on payment of salary, pension, interest, old-age pension, scholarship for SC and ST students, a sum of Rs 56,921 crore has been proposed in the vote-on-account to defray the expenses during the first four months of the financial year (April to July)," said Behera. (PTI)
Odisha Budget 2019: Expenses
It would cover 100 per cent of budget estimates for calamity and election-related expenses and 40 per cent of budget estimates for all other schemes, said Behera. (PTI)
Odisha Budget 2019: 15th Assembly term nears end
The term of the 15th Assembly will expire in June. The new government will seek appropriation for the full financial year 2019-20. The Finance Minister said Odisha`s economy was expected to grow at 8.35 per cent in 2018-19, surpassing all-India growth rate of 7.2 per cent. (PTI)
Odisha Budget 2019: Robust average growth of 8 per cent
This comes on top of a robust average growth of 8 per cent plus in the last six years compared with the national average of 7.1 per cent. (Twitter)
Odisha Budget 2019: State to grow at 8-8.5%
"Going by the trends in the external and domestic economic environment, the state economy can be expected to grow in the range of 8-8.5 per cent during 2019-20," the minister said. (Twitter)