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CM releases special booklet on 80-years of Odisha Budget

Press Trust of India  |  Bhubaneswar 

Odisha's annual budget was only Rs 1.77 crore for the year 1936-37 which has increased to Rs 1,20,028 crore in 2018-19, according to a special booklet on 80-years of Budget.

The special booklet titled '80-years of Budget - A Commemorative Volume' was released by Chief Minister here today.

"This compilation is an effort to present the journey of Odisha in these 80 years through facts, figures and pictorial representation. Odisha is the first state in the country to bring out such a compilation," Patnaik said.

The compilation will be useful for scholars, researches and policy makers, he said.

"Budget is a mirror of the policies of the government. The 80 budgets presented since 1936 portray the commitment of the government to take the state on the path of development. Over the years, Odisha budget has showed innovation to achieve the broader objective of development and welfare for the people of the state," Patnaik said.

The said the has come up with a separate agricultural budget in 2016 with focused attention on the agricultural sector. Over the years, the state has made significant strides in educational, health and infrastructural sector, he said.

Eighty years is a long time and phenomenal journey for the state. "We have achieved milestones during this period," Patnaik said.

"When Odisha became a state in 1936, the budget was only Rs 1.77 crore. When we took over the government in year 2000, the budget had only been Rs 14,000 crore. Today, the budget is Rs 1, 20, 000 crore," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 11 2018. 17:15 IST