Odisha Government Presents Rs 11,200 Cr Supplementary Budget in Assembly to Fight COVID-19
Odisha Finance Minister Niranjan Pujari presented a supplementary budget of Rs 11,200 crore in the Assembly for the re-allocation of funds amid the coronavirus pandemic. According to Pujari, Rs 2,273 crore out of the total budget has been allocated for the administrative expenditure, while Rs 7,438 crore will be spent on the implementation of the programmes. He added that Rs 1,484 crore has been allocated for disaster management funds with Rs 5 crore to be transferred to the local bodies.
Pujari went on to say that the focus of the budget is on food, health, livelihood, social security and creating employment opportunities. The ministry also aims to fulfil the domestic demand for the revival of the State economy.
The supplementary budget will also fund the relief packages announced by the Chief Minister for the COVID-19 warriors and people dealing in handloom, handicraft and textiles. The MSME and Mission Shakti will also be fully funded by the State government.
“This year’s supplementary budget, which is an exercise of re-prioritization of the allocations made in the 2020-21 annual budget, has also stressed on boosting the domestic demand and revival of the state’s economy by allocating funds to infrastructure projects for their early completion,” Pujari said as quoted by The Times of India.
The New Indian Express quoted Pujari as saying that the government is following a “cautious approach” amid the scare of another wave of infection.
“We have to continue with the cautious approach as the possibility of another wave of Covid infection as witnessed in other countries cannot be ruled out,” he added.
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