Site icon BizNews Odisha

Odisha FM unveils Budget for FY 2023-24

The State Finance Minister Niranjan Pujari on 24 February 2023 presented the annual budget for FY 2023-24 in the state assembly.

The Budget 2023-24 presented was estimated to the tune of Rs 2.3 lakh crore for the FY 2023-24. This is an increase of about 15 per cent compared to Rs 2 lakh crore in the last year’s budget 2022-23.

The allocation for the health budget has Rs 16,048 crore, an increase of 27% compared to 2022-23. The highest increase of 34% was marked in the Sports and the development of infrastructure facilities like roads, bridges, airports and railways with Rs 19,452 crore and Rs 1,217 crore being allocated to these sectors respectively. The Minister announced Rs 30,030 crore for education and skills and Rs 6,224 crore for Mission Shakti.

The details of sector wise allocation as follows:

Fund allocation for new initiatives:

Please click for Detailed Budget Document

Budget At a Glance 2023-24
Budget Speech – 2023-24 – Part- 1
Budget Speech – 2023-24 – Part- 2

Exit mobile version