Bhubaneswar: Chief Minister Mohan Charan Majhi presented the Annual Budget for FY 2025-26 in the Odisha Legislative Assembly, outlining an outlay of Rs. 2,90,000 crore. The budget emphasizes transformative sectors such as infrastructure, urban development, agriculture, irrigation, capital investment, port-led development, industrialization, and sports.
Key Financial Allocations:
| Category | 2024-25 RE (Rs. in crore) | 2025-26 BE (Rs. in crore) |
|---|---|---|
| Administrative Expenditure | 97,725 | 1,08,000 |
| Programme Expenditure | 1,55,000 | 1,70,000 |
| Disaster Risk Management Fund | 3,900 | 4,000 |
| Transfers from the State | 8,375 | 8,000 |
| Total | 2,65,000 | 2,90,000 |
Qualitative Aspects of the Budget:
- Programme Expenditure of Rs. 1,70,000 crore, constituting over 58.62% of the total budget.
- Capital Outlay of Rs. 65,012 crore, the highest proportion among major states.
- Agriculture & Allied Sector allocation of Rs. 37,838 crore, marking a 12% increase over the previous year.
- Revenue Surplus projected at 3% of GSDP; Fiscal Deficit at 3.2% of GSDP.
- Year-end debt stock at 12.7% of GSDP, making the budget fully FRBM compliant.
Major New Initiatives:
- Shree Jagannath Darshan Yojana: Rs. 30 crore
- Subhadra Surakhya Yojana: Rs. 153 crore
- Bakul Bana Unnayana: Rs. 50 crore
- Cold Storage Policy: Rs. 60 crore
- Model Mandi: Rs. 50 crore
- Antyodaya Gruha Yojana: Rs. 2,603 crore
- Mukhyamantri Kanya Bibaha Yojana: Rs. 12 crore
- AI-driven Predictive Policing & Crime Mapping: Rs. 10 crore
- Maritime Skill Development: Rs. 20 crore
- Samrudha Sahar: Rs. 408 crore
- Mahanadi & Budhabalanga Waterfront Development: Rs. 150 crore
- Odia Diaspora Initiative: Rs. 10 crore
- Ayushman Bharat Digital Mission (ABDM): Rs. 100 crore
- Mukhyamantri Sahari Vikas Yojana: Rs. 1,100 crore
- Odisha AI Mission: Rs. 20 crore
- Subhadra Sambedna: Rs. 20 crore
- Ama Similipal Yojana: Rs. 50 crore
- Atal Bus Stand: Rs. 1,266 crore
- Intra-State River Linking: Rs. 10 crore
Sectoral Highlights:
Agriculture & Allied Activities
- Total allocation: Rs. 37,838 crore
- Samrudha Krushaka Yojana: Rs. 6,000 crore
- CM-KISAN: Rs. 2,020 crore
- Shree Anna Abhiyan: Rs. 600 crore
- Crop Diversification Programme: Rs. 695 crore
- Farm Mechanisation & Agri-Entrepreneurship: Rs. 425 crore
Irrigation & Water Management
- Total allocation: Rs. 16,273 crore
- Parvati Giri Mega Lift Irrigation (Phase 2): Rs. 1,318 crore
- Mukhyamantri Canal Lining Yojana: Rs. 430 crore
- Accelerated Irrigation Benefit Programme (AIBP): Rs. 1,786 crore
Health & Public Welfare
- Total allocation: Rs. 23,635 crore
- Gopabandhu Jana Arogya Yojana: Rs. 6,249 crore
- Mukhyamantri Swasthya Seva Mission: Rs. 3,881 crore
- Ayushman Bharat – PM Jan Arogya Yojana (AB-PMJAY): Rs. 711 crore
Education & Skill Development
- Total allocation: Rs. 41,273 crore
- Godabarisha Mishra Adarsha Vidyalaya: Rs. 2,960 crore
- Odisha Adarsha Vidyalaya: Rs. 997 crore
- PM POSHAN: Rs. 885 crore
- PM Schools for Rising India (PM SHRI): Rs. 500 crore
Infrastructure & Urban Development
- Total allocation: Rs. 9,985 crore
- Mukhyamantri Sahari Vikas Yojana: Rs. 1,100 crore
- Odisha Metro Rail Transport (OMRT): Rs. 305 crore
- Storm Water Drainage: Rs. 300 crore
Energy & Industrial Growth
- Total allocation: Rs. 3,962 crore
- Mukhya Mantri Shakti Bikash Yojana: Rs. 1,033 crore
- Odisha Startup Growth Fund: Rs. 25 crore
Tourism & Cultural Development
- Total allocation: Rs. 800 crore
- Development of Maa Tarini Complex, Ghatagaon: Rs. 50 crore
The Odisha government aims to balance fiscal responsibility with ambitious developmental initiatives, ensuring inclusive growth and long-term sustainability. The budget underscores a commitment to economic expansion, social welfare, and technological innovation to propel Odisha towards a “Viksit Bharat” by 2047.
Comments are closed.