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Odisha Finance Minister presented the first supplementary budget of Rs 12,790 crore for 2018-19

Bhubaneswar:17/9/18; Finance Minister Sashi Bhusan Behera on Monday presented the first supplementary budget of Rs 12,790 crore for 2018-19 fiscal in the state Assembly here even as the opposition staged a walkout.

The opposition BJP and Congress walked out of the assembly after the finance minister did not make any comment on their demands for an increase in the old-age pension.

Replying to discussion and counter discussion over the Rs 12,790 crore provision for the supplementary statement of expenditure, Behera said this year the government will borrow funds from the open market under Fiscal Responsibility and Budget Management Act, 2003 to meet the expenditure.

“This year development of infrastructure has been prioritized. The government’s revenue collection increased by 33 percent till July this year in comparison to last year’s collection.

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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