Odisha FM Sashi Bhusan Behera tables Supplementary Budget of Rs 12,790 crore in Assembly

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Bhubaneswar: Odisha govt placed a supplementary budget of Rs 12790 crore for 2018-19 FY including programme expenditure of Rs 9,611 crore amid pandemonium.  Finance Minister Sashi Bhusan Behera tables Supplementary Budget  in Odisha Assembly.

Finance minister Sashi Bhusan Behera tables Supplementary Budget of Rs 12,790 crore in the State Assembly with budgetary allocation of Rs 750 crore for salary of ‘Sikhya Sahayaks’, Rs 350 crore for loan repayment and Rs 41 crore for simultaneous polls .

Funds Division between State & Centre for Biju Care: Of total Rs 2075 cr expenditure allotted for Biju Swasthya Kalyan Yojana, Odisha will provide Rs 1375 cr while Centre will grant Rs 700 cr, informs Finance Secy TK Pandey at the #SupplementaryBudget press meet in Bhubaneswar.

 

Supplementary Budgetary Provision (Z in crore) Provision
Administrative Expenditure
Rs. 1,800
Programme Expenditure
Rs. 9,611
Disaster Response Funds

Rs. 1,364

Transfers from State
Rs. 15
Total
Rs. 12,790
2. Need for Supplementary Budget : Keeping in view the needs & expectations of the people in a welfare State, the supplementary Budget is aimed at fulfilling the requirement of funds for public welfare and developmental activities in the State mainly through reallocation of available resources and receipt of tied-up resources from various sources. The following circumstances necessitated Supplementary provision:-I) Post Budget decisions relating to new schemes or programmes of the State Government. ii) Additional requirement for on-going Central Sector and Centrally Sponsored Schemes and new CSS Schemes launched by Government of India. iii) Recoupment of advance taken from Odisha Contingency Fund. iv) Differential salary requirement, if necessary for implementation of recommendations of 7th Pay Commission for State Government employees including payment of 40% arrear. v) Requirement for payment of Interim Relief (IR) @30% of pay from 15t January, 2016 for judiciary officers. vi) Accounting adjustment under different Demands.

 

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