Home ECONOMY No provision for new taxes in Odisha’s annual budget

No provision for new taxes in Odisha’s annual budget


Odisha Sun Times Bureau
Bhubaneswar, Feb 16:

Odisha Finance minister Pradip Amat today announced that there is provision for new taxes in the annual budget for the year 2015-16.

Annual budgetThe minister, while presenting the budget in the State Assembly, also said the revenue collection has been targeted at Rs 70,940 crore with an estimated surplus of 5101.51 crore.

Referring to the allocations for the ensuing Nabakalebara festival in Puri scheduled in June this year, he said the budget has earmarked Rs 20 crore has for Nabakalebara and Kotha Bhoga. Apart from this, special allocation has been made to address concerns such as the construction of chariots, programmes and welfare of the servitors of Shri Jagannath temple.

“Besides, the budget has also allocated Rs 64 crore to ensure uninterrupted power supply to Puri town while a provision of Rs 40 lakh has been made for free travel of the devotees between Malatipatpur and Puri during Nabakalebara festival,”, he added.

The minister also informed that the budget has allocated Rs 5 crore towards repair and maintenance of other Jagannath temples in the state while Rs 3 crore has been earmarked for setting up of Tourism Police in the state for the safety and security of the tourists.

Referring to the law and order and the Maoist situation in the state, Amat said the annual budget has earmarked Rs 120 crore for the modernisation of the Odisha Police.

The Finance minister also said that the Rs 1187.2 crore budget allocation has been made for the Energy sector which includes Rs 210 crore for restoration of power projects in Brahmapur and Gopalpur and Rs 50 crore for setting up of a disaster-proof smart grid in Bhubaneswar.