01 December, Bhubaneswar
Odisha Finance Minister Pradip Kumar Amat Tuesday presented the first Supplementary budget of Rs 10,227.65 crore for the year 2015-16 in the state Assembly with an objective to fulfill the fund requirement for public welfare and developmental activities in the state.
Amat presented the budget in the absence of the opposition Congress and the BJP, who walked out of the house in protest against refusal of the Speaker to concede to their demand to discuss the farmers suicide in the state suspending other business of the house.
Presenting the supplementary budget, Amat said the need for the supplementary budget was necessitated to provide funds for new schemes or programmes announced after the formulation of annual budget, to meet the expenses relating to distress situation arising out of drought conditions in various parts of the state and additional state share in respect of central sponsored schemes (CSS) arising out of change in sharing pattern.
The supplementary budget, the minister said was also required to continue activities earlier undertaken in CSS delinked from central assistance and state specific and sector specific schemes recommended by the 13th Finance Commission which have been discontinued by the 14th Finance Commission.
It would also meet fund requirement for ongoing CSS, central plan and central sponsored plan schemes and new CSS schemes launched by the state government and recoupment of advances taken from Odisha contingency fund.
Amat said the supplementary budgetary provision included Rs 1910.50 crore under non-plan, Rs 8,305.39 crore under state plan, Rs 10.45 crore under central plan and Rs 1.31 crore under centrally sponsored plan.
He said the supplementary provision of Rs 10,227.65 crore is to be financed by tied up resources- Rs 3246.44 crore, United resources- Rs 3160.29 crore, surrender of provision in grants and appropriation- Rs1149.05 crore and Rs 2671.87 crore from savings and surrenders towards the end of the financial year.