Home BIG STORY Supplementary budget presented in Odisha Assly

Supplementary budget presented in Odisha Assly


Odisha Sun Times Bureau
Bhubaneswar, Dec 1:

The Odisha government amidst walkout by opposition MLAs of Congress and BJP over the demand for a debate on farmer suicides in the state today presented a Supplementary budget proposal of Rs 10,277.65 crore for 2015-16 in the Assembly.

Pradip Amat

Presenting the Supplementary budget in the House in the absence of Opposition members Finance Minister Pradip Kumar Amat said that with the Supplementary budget of Rs 10,277.65 crore the total size of the budget has gone up to Rs 94,715.42 crore.

Amat said: “Keeping in view the availability of resources and increasing needs and expectations of the people, the supplementary budget is aimed at fulfilling the required funds for public welfare and developmental activities in the state.”

“The total expenditure proposed in the budget is Rs 10, 227.65 crore. While the non-plan expenditure has been proposed at Rs 1, 910.50 crore, the state plan is Rs 8, 305.39 crore,” state Finance Minister said.

The state would incur a loss of Rs 7,664 crore following delinking of several central schemes and change in sharing pattern after the recommendations of the 14th Finance Commission.

The supplementary provision is to be financed by tied-up resources to the extent of Rs 3,246.44 crore, united resources to the extent of Rs 3,160.29 crore, surrender of provision in grants and appropriations to the extent of Rs 1,149.05 crore and Rs 2,671.87 crore from overall savings and surrenders towards the end of the financial year.

The government has earmarked Rs 5,000 crore, out of a total Rs 8,307.55 crore from the state plan, for infrastructure development while Rs 1,311.59 crore is provided for improvement of road infrastructure, said the finance minister.

He said an amount of Rs 1,105.19 crore is provided towards relief expenditure including compensation for the crop loss in drought affected areas. While Rs 505.19 crore will be given under SDRF, Rs 600 crore in anticipation of assistance from the NDRF, he pointed out.

Besides, Rs 42.75 crore is being given to distribute four lakh pulse kits, Rs 16.65 crore for distribution of one lakh oilseed minikits and Rs 9.23 crore for distribution of 5 lakh vegetable minikits among farmers under drought package.

However, no discussion was held on the supplementary budget due to walkout by the Opposition members.