finance minister of odisha 2023

Resources from the centre will be in the form of states share in central taxes (25% of revenue receipts) and grants (18% of revenue receipts). scheme. Here is the list of Odisha minister list and their departments is given below. Based on watchmaker and spool cabinets, this project is a great way to hone your hand tool skills. 25,844 Cr Fiscal Deficit is 3% of GSDP(Gross State Domestic Product). Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,000+ magazines and newspapers. Share(%) . Sources: FRBM Statement, Odisha Budget2023-24; PRS. 191 crores for the restoration of the Akhal Akhil Irrigation Project, LIVE Updates | Odisha Budget 2023-24: Finance Minister Niranjan Pujari Presenting The State Budget. to efficient use of resources through formulation of Annual Budget and execution of Budget, Public Expenditure . The state government maintains the State Disaster Response and Mitigation Fund. It does not include other liabilities such as those on public accounts. Note: The Peoples Guide document provides figures for salary as % of total budget, the figures for salaries in the above table have been back calculated using that statement. During last year, 11,403 Secondary Teachers were recruited. More information can be found in our Cookies and Privacy Policy. Budget | Finance Department - Odisha 600 crores to provide benefits under Pradhan Mantri Crop Insurance Scheme. the capital of the eastern state of Odisha . LIVE UpdatesLIVE Updates | Odisha Budget 2023-24: FM Presented Agriculture Budget. Finance Minister of Odisha Niranjan Pujari presented Odisha Budget 2023 total allocation of 2.30 Lakh Crore which is 15% higher than the Odisha Budget 2022. Sources: FRBM Statement, Odisha Budget2023-24; PRS. By clicking Accept All Cookies, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. Note: BE is Budget Estimates; RE is Revised Estimates. For 2023-24, the central government has permitted fiscal deficit of up to 3.5% of GSDP to states, of which 0.5% of GSDP will be available only upon carrying out certain power sector reforms. Can you find 3 bananas among Pikachus in 11 seconds? SENIOR BJD leader and former speaker Bikram Keshari Arukha was handed the important Finance portfolio on his reinduction into Chief Minister Naveen Patnaik's cabinet on Monday. In 2023-24, receipts from these sources are expected to increase by 12% each. Lok Seva Bhawan, Sachivalaya Marg, Bhubaneswar, Odisha 751001 +91-0674-2390902 Odisha presents Rs 2 lakh crore budget for FY 2022-23 Rs 13,327 crore has been allocated towards capital outlay on roads and bridges. There could be extra emphasis on on irrigation, youth employment and Awas Yojana. Considering elections in 2024 is expected, the chief whip of the opposition, Mohan Majhi, stated, "We suspect the Odisha government will paint a bright picture. Note: The Peoples Guide document provides figures for salary as % of total budget, the figures for salaries in the above table have been back calculated using that statement. 16/06/2023. Bikram Keshari Arukha is new Odisha finance minister as Naveen Patnaik Odisha Minister List 2023 Finance Department Government of Odisha. Sambad English - The Latest News & Views on Odisha. Odisha Adarsh Vidyalaya programme and Mo School Abhiyan has been allocated Rs 842 crore and Rs 805 crore, respectively. The budget, to be the highest ever in Odisha, will be placed in the Assembly by Finance Minister Niranjan Pujari on February 24. ""Rs.5,934 crore under Pradhan Mantri Awaas Yojana (PMAY)-Gramin, Rs.13,215 crore for Drinking Water and Sanitation in Rural areas. odisha finance minister - Times of India Entry Tax. NOTIFICATION ON AMENDMENT OF THE GPF (ODISHA) RULES, 1938. 1998-2022 INDIADOTCOM DIGITAL PRIVATE LIMITED, All rights reserved. These cookies are necessary for the website to function and cannot be switched off in our systems. Sectors: In 2021-22, agriculture, manufacturing, and services sectors are estimated to contribute 29%, 31%, and 40% of Odishas economy, respectively (at current prices). Note: BE is Budget Estimates; RE is Revised Estimates. Note: 2021-22, 2022-23 (BE), 2022-23 (RE), and 2023-24 (BE) figures are for Odisha. Daily Current Affairs Quiz in Odia ( Daily Current Affairs in Odia ( ) | 13 July 2023, : , 2023, SSC CGL 2023: SSC CGL , Daily Current Affairs Quiz in Odia ( ) | 13 July 2023. This is lower than the average allocation for education by states in 2022-23 (14.8%). Revenue surplusin 2023-24 is estimated to be 3.1% of GSDP (Rs 26,739 crore), higher than the revised estimate for 2022-23 (2.3% of GSDP). The state had a fiscal surplus of Rs 20,627 crore in 2021-22 (3.1% of GSDP). 15 percent higher expenditure of the next financial year than the current financial year. Rs 3,300 crore has been allocated towards MGNREGS. House Building Advance. The Odisha Fiscal Responsibility and Budget Management Act, 2005 provides annual targets to progressively reduce the outstanding liabilities, revenue deficit and fiscal deficit of the state government. In 2023-24, expenditure on pension is expected to increase by 25% over the revised estimate of 2022-23. ""Total allocation Rs 16,048 crore for public health care with an increase of about 27 per cent over the previous year, It amounts to 7 per cent of the State Budget, which includes Rs.1,911 crore for National Health Mission and Rs.338 crore for PM-Ayushman Bharat Health Care Infrastructure Mission (PM-BHIM) schemes, Rs.750 crore under Ama Hospital to transform 147 health facilities in a record period of one year. The Gross State Domestic Product (GSDP) of Odisha for 2022-23 (at current prices) is projected to be Rs 7.2 lakh crore, a growth of 12.6% over the revised estimate of GSDP for 2021-22 (Rs 6.4 lakh crore). Sources: FRBM Statement, Annual Financial Statement, Peoples Guide Statement, Odisha Budget 2023-24; PRS. Your email address will not be published. BIJAY CHAKI. This Budget focuses on achieving rapid and inclusive growth through development of human resources, investment in physical and social infrastructure, healthcare for all, provision of social safety nets for the disadvantaged and vulnerable sections and empowerment of youth, women, STs, SCs, OBCs, minorities, persons with disability and senior citizens, he added. New Delhi:Odisha Budget 2023-24 Highlights. 3,670 crores for women and child development. Table 8 : Key Components of State's Own Tax Revenue (in Rs crore). Besides, Pujari also proposed Rs 155 crore for Gangadhar Meher Shikshya Manakbrudhi Yojana and increased the present rate from Rs 2600 to Rs 3500 during the financial year 2023-24. An outlay of Rs 7313 crore for the home department. The revenue surplus is projected to increase to 3.7% of GSDP by 2025-26. Pujari said in his budget speech Rs 1 lakh crore out of the total budget will be Programme Budget. Unemployment: As per the Periodic Labour Force Survey (July 2021-June 2022), unemployment rate in Odisha was 6%, higher than the unemployment rate at the national level (4.1%). Dinesh Karthik, Dipika Pallikal Jet Off To Paris For Vacation, Pose With Twins At Disneyland; See Pics, Yashasvi Jaiswal: From Selling Paani Puri To Winning IPL 2023 Emerging Player Award; Interesting Facts About India Batter - In Pics, Malaika Arora Spends Time With Beau Arjun Kapoor, Son Arhaan Before She Jets Out Of Mumbai - In Pics, Muttiah Muralitharan To R Ashwin: Bowlers With Most Five-Wicket Hauls In Tests, In PICS, DNA: Shehbaz's insult in front of 'Xi Jinping', DNA: Inside story of uncle getting 'betrayed' by 'nephew', DNA: High demand for Made In India doctors abroad, DNA: Unique experiment to generate electricity from the wind of the train, DNA: China is responsible for 70 lakh deaths from Corona, DNA: ICC World Cup 2023 trophy launched in 'space' at 1,20,000 feet above, DNA: Today is the longest day of this year. The government had placed a budget of Rs 2 lakh crore for 2022-23. Odisha Budget Analysis 2023-24 - PRS Legislative Research As per the statement, the annual contribution to this fund is about 0.3% of GSDP. GST. It observed that it is critical to frame an appropriate fiscal policy to address this challenge, as extreme climatic events are expected to rise. Read More: OTET Recruitment Read More: OSSTET Recruitment, Read More: Odisha Police Constable Recruitment Read More: Odisha Police SI Recruitment, Read More: OPSC OCS Recruitment Read More: OPSC ASO Recruitment, Read More: OPSC OMAS Recruitment Read More: OPSC VAS Recruitment, Read More: OSSC Amin Recruitment Read More: OSSC Teacher Recruitment, Read More: OSSC Accountant Recruitment Read More: OSSC CGL Recruitment, Read More: OSSSC Nursing Officer Recruitment Read More: OPTCL Recruitment. Sources: FRBM Statement, Odisha Budget 2023-24; Union Economic Survey 2022-23; PRS. The allocation for piped water scheme stands at 13,215 crore, which is 58 per cent more than the previous fiscals figure. Agriculture Budget was presented first. ""Provision of Rs 11,655 crore has been made for Irrigation and Water Use Efficiency and allied sectors. In 2022-23, as per the revised estimates, fiscal deficit is expected to be 2.9% of GSDP, marginally lower than the budget estimate of 3% of GSDP. [1] The31states include the Union Territories of Delhi, Jammu and Kashmir, and Puducherry . The elegant arched case of this tea cabinet is a great way to practice bent lamination and showcase some unique wood. In 2023-24, the fiscal deficit is estimated to be 3% of GSDP. The Odisha government has proposed to spend Rs 30,030 crore for education and skill development, Rs 38,437 crore for SC/ST development, Rs 680 crore for tourism sector, Rs 1,217 crore (34 pc hike) for development of sports, Rs 8,130 crore for internal security and justice and Rs 7,300 crore for transfer to local bodies, he added. LIVE Updates | Odisha Budget 2023-24: FM To Present The State Budget Shortly. This comprises spending on salaries (18% of revenue receipts), pension (11%), and interest payments (4%). The Finance Minister of Odisha is Niranjan Pujari.
Jackson's Pfeil Tools, Heartland Charter School Vendors, Articles F