Odisha has budgeted Rs 2.55 lakh crore for 2024-25

Odisha has budgeted Rs 2.55 lakh crore for 2024-25

Daily Current Affairs / Odisha has budgeted Rs 2.55 lakh crore for 2024-25

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Category : Miscellaneous Published on: February 10 2024

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In its recent announcement on February 9, 2024, Odisha presented its comprehensive budget for the financial year 2024-25, totalling Rs 2.55 lakh crore.
Metro Rail Project: A significant investment of Rs 1000 crore has been earmarked to boost the development of metro rail project in the state.
The budget has made a provision of Rs 1,555 crore to promote growth and sustainability of industries and the Micro, Small and Medium Enterprises (MSME) sector.
With a focus on agricultural prosperity, an adequate allocation of Rs 28,944 crore has been dedicated to augmenting the agriculture budget aimed at the upliftment of farmers and agricultural infrastructure.
Recognizing the importance of food security, Rs 685 crore has been allocated for food storage and storage-procurement initiative.
A remarkable provision of Rs 1,935 crore has been allocated for direct benefit transfer under the famous "KALIA Scheme" aimed at supporting farmers and their livelihood.
A total of Rs 19,959 crore has been allocated to strengthen public health services, ensuring accessible and quality medical facilities to all citizens while prioritizing public health.
To increase agricultural productivity, Rs 14,467 crore has been allocated for the irrigation sector with emphasis on development of irrigation infrastructure across the state.

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