BHUBANESWAR: Chief Minister Mohan Charan Majhi on Tuesday presented a supplementary budget of Rs 12,156 crore in the Assembly for 2024-25 financial year.
This has been done to meet the additional requirement of funds for completion of ongoing and new projects, and give effect to the new policy decisions of the state government.
The highlight of the supplementary budget was allocation of Rs 1,196 crore for implementation of Subhadra Yojana. Similarly, in line with the focus on empowerment of women, Rs 1,230 crore was allocated to the Women and Child Development sector.
Around Rs 1,530 crore was allocated to the healthcare sector including provision of Rs 1,056 crore for National Health Mission and Rs 644 crore for the Gopabandhu Jana Arogya Yojana. Infrastructure, meanwhile, received the highest allocation of Rs 3,087 crore while the urban development sector was provided Rs 1,000 crore.
The chief minister said education sector will get a boost with allocation of Rs 1,114 crore for school and mass education, and Rs 305 crore for higher education.
“The IT and skill development sectors received allocation of Rs 252 crore and Rs 263 crore respectively,” Majhi said and added, an allocation of Rs 203 crore has been provided for Odia Language and Culture.
Similarly, Rs 10,155 crore has been earmarked for programme implementation while Rs 1,685 crore has been allocated under administrative expenditure. The chief minister said programme expenditure will be financed by available resources of Rs 3,236 crore. The differential amount will be met through additional revenue collection and savings, he added.
As a new initiative, the chief minister said, Rs 92 crore has been allocated for Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA) which was launched by Prime Minister Narendra Modi on October 2. Besides, Rs 125 crore has been provided for organising Pravasi Bharatiya Divas at Bhubaneswar from January 8 to 10, 2025. Around Rs 130 crore has been allocated for establishment of centre of excellence in 22 ITIs.
While Rs 26 crore has been provided for facility management of Srimandir Parikrama Project and Rs 5 crore for Ratna Bhandar repair. An allocation of Rs 51 crore has been proposed for installation of CCTV surveillance system in police stations and Rs 35 crore for purchase of motorcycles for police stations.
“The supplementary budget is Fiscal Responsibility and Budget Management (FRBM) compliant as provisions have been made against resource backup in the form of either adjustment against savings/surrender or additional revenue,” Majhi said.
He said it is projected to maintain revenue surplus, contain fiscal deficit at around three per cent of GSDP and maintain the debt-GSDP ratio at the year-end within the mandated level of 25 per cent.
“Till October, 2024, the debt to GSDP ratio was 10.12 per cent and interest payment to revenue receipt ratio was 1.85 per cent. The capital outlay for the year 2024-25 will exceed six per cent of GSDP including the supplementary provision. This will help in boosting the economic growth and at the same time enable the state to carry forward different developmental and welfare programmes,” the chief minister said.
Key Allocations
Subhadra Yojana receives Rs 1,196 crore
Women and Child Development Rs 1,230 cr
Highest Rs 3,087 crore to Infrastructure
Rs 1,530 crore for Healthcare sector
Urban Development sector receives Rs 1,000 cr
Rs 1,114 crore for School and Mass Education, Rs 305 crore for Higher Education
Rs 92 crore for Dharti Aaba Janjatiya Gram Utkarsh Abhiyan