Bhubaneswar: The Odisha government has borrowed ₹21,177.99 crore from various sources over the last nine months (June 2024 – February 2025) to fund capital investments and key development projects, Chief Minister Mohan Charan Majhi informed the State Assembly on Monday.
In a written statement responding to Bhograi BJD MLA Goutam Buddha Das, CM Majhi detailed the breakdown of the borrowing:
The Chief Minister emphasized that the borrowed funds are being fully utilized for infrastructure and welfare initiatives, including irrigation, energy, road construction, disaster management, and urban development.
During the same period, the state government repaid ₹14,970.97 crore towards previous loans, ensuring a balanced approach to debt management.
Bhubaneswar: With a deep depression moving towards the north Andhra Pradesh–south Odisha coast, Chief Minister…
Bhubaneswar: With a deep depression over the Bay of Bengal moving towards the north Andhra…
New Delhi: Veteran actor Anant Nag was conferred the Dadasaheb Phalke Award for 2024 by…
New Delhi/Bhubaneswar: Odisha is showcasing its integrated approach to water management, climate-resilient agriculture and efficient…
Bhubaneswar: As many as 775 senior citizens from eight districts of Odisha embarked on a…
Bhubaneswar: Odisha is working on a coordinated action plan to tackle urban heatwaves and flooding,…
