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Odisha: The budget’s final details include Rs 25,000 crore for agriculture and health

By amfnews Jul 1, 2022 #Featured
Odisha: The budget's final details include Rs 25,000 crore for agriculture and health_AMF NEWSOdisha: The budget's final details include Rs 25,000 crore for agriculture and health_AMF NEWS
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Before it is presented to the House, the Chief Minister Naveen Patnaik will give it his final clearance upon his return from his international vacation on Thursday night.

Before it is presented to the House, the Chief Minister Naveen Patnaik will give it his final clearance upon his return from his international vacation on Thursday night.

The complete budget, which is expected to be Rs 10,000 crore higher than what the government had anticipated when asking for a vote on account on March 30, has already been authorised by the council of ministers for the first four months of the fiscal year. Before it is presented to the House, the Chief Minister Naveen Patnaik will give it his final clearance upon his return from his international vacation on Thursday night.

According to official sources, the budget for the temple redevelopment programme will exceed Rs 1,000 crore. In the budget for 2021–22, the State government had nominally allocated Rs 150 crore for the temple redevelopment plan. The budgetary allotment for the plan is anticipated to increase if more temples are chosen for renovation.

The amount allotted for agriculture and related industries is anticipated to reach Rs 25,000 crore. Because the Covid-19 pandemic prevented the publication of a separate agriculture budget for the previous two years, the State government has opted to resume it from the full-fledged budget. While presenting the vote-on-account, the government estimated an allocation of Rs 20,344 crore for agriculture and related sectors.

Administrative costs will be close to Rs 90,000 crore, while programme costs are anticipated to rise to Rs 1,10,000 crore. The areas of concentration will include creating jobs, modernising healthcare facilities, investing in capital projects, and increasing tax and non-tax revenue.

By amfnews

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