Amat presents Rs.6014.06 crore supplementary budget in Odisha Assembly

01 December, Bhubaneswar

Odisha Finance Minister Pradip Kumar Amat Thursday presented a supplementary budget of Rs 6014.06 crore in the state Assembly for 2016-17.

Amat said the need for the supplementary budget was presented keeping in view the increasing needs and expectation of the people and aimed at fulfilling the requirement of funds for public welfare and developmental activities in the state.

Supplementary provisions was needed for the post budget decisions relating to new schemes and programmes, additional requirement for ongoing schemes, recoupment of advance taken from Odisha contingency fund, setting up of fitment committee by the state government to consider implementation of recommendations of 7th pay commission for state government employees and pensioners and accounting adjustments under different demands.

He said the outlay for non plan sector is Rs 795.98 crore, state plan accounted for Rs 5150.94 crore, central plan (Rs 62.31 crore) and central sponsored plan( 4.83 crore.)

The Finance Minister out of 5150.94 crore state plan provision has been made for providing Rs 2875.04 crore for infrastructure development, Rs 419.65 crore for improvement of road,Rs 300 crore for installation of 33/11 KV Sub stations and Rs 247.35 for equity investment in Odisha Power Generation Corporation.

Amat said the highest amount of Rs 1292.27 crore was provided to Water resources department, followed by Rs 826.44 crore to Energy ,Rs 724.62 crore to Water Resource department and Rs 542.94 crore to Panchayati raj department.BM