Home » State News » Odisha Finance Minister laid the supplementary budget of Rs 9,828.57 for 2017-18 financial year

Odisha Finance Minister laid the supplementary budget of Rs 9,828.57 for 2017-18 financial year

Bhubaneswar:30/11/17: Odisha Finance Minister Sashi Bhusan Behera today laid the supplementary budget of Rs 9,828.57 for 2017-18 financial year in the State Legislative Assembly for approval during its ongoing Winter Session.

Keeping in view the needs and 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 sources and receipt of tied-up resources from various sources.

The following are the highlights of administrative expenditure, disaster response fund and transfers from state:

–Rs 1400 crore is provided towards fiscal incentive to IOCL in the form of interest free loan for the years 2016-17 and 2017-18 @ Rs 700 crore per annum as per revised agreement signed between Government of Odisha and IOCL.

–Rs 10 crore provided for Chief Minister’s Relief Fund.

–Rs 31 crore is provided for payment of salary to contractual employees in revised scale of Pay.

–Rs 1,142.38 crore is provided for Disaster Response against the year-end balance available in State Disaster Response Fund (SDRF).

–Rs 80 crore towards assignment of 2% of the stamp duty collection in urban areas to the development authorities.

–Rs 96.18 crore towards salary for regularization of Shikshya Sahayaks.

–Rs 81.85 crore for clearance of water rate for the water used from irrigation source of water supply.

–Rs 12 crore is provided for Grants to OLIC for salary.

–Rs 16.73 crore is provided towards incentive to OLIC for completed work.

–Rs 1 crore for maintenance of Rajiv Bhawan.

–Rs 4.22 crore is provided towards remuneration of cook-cum-attendants of ST & SC hostels.

–Rs 1.45 crore is provided for conduct of by-election in Bijepur.

–Rs 2.17 crore is provided for payment of special allowances to doctors working in remote areas.

–Rs 32.08 crore is provided for Jharsuguda Air Strip.

Apart from the above proposal of allocations, Rs 9.96 crore is provided towards support for MDM (Mid-day-meal) and Rs 17.20 crore is provided for Odisha Hockey World Cup 2018.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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