Odisha cabinet approves Rs 2 lakh crore budget for FY22-23

31 Mar 2022 CW Team

The Odisha cabinet approved an annual budget of approximately Rs 2 lakh crore for the financial year (FY) 2022-2023.

Even though the complete budget has been approved, finance minister Niranjan Pujari presented the state parliament with a vote-on-account for four months (April-July) on March 30.

A senior official told the media that as it was not possible to pass the entire budget during this ongoing session, they will seek the vote-on-account for four months. The four-month outlay is likely to be around Rs 90,000 crore.

On March 31, the appropriation bill would be passed to enable the government to spend money from the state exchequer from April 1, the beginning of the new FY2022-23.

According to the media sources, provisions would be made for continuing all current programs/schemes, including the salary and pension of state government workers and retirees, even though the state government seldom makes preparations for new schemes in the vote-on-account.

Among the ongoing programmes, schemes aimed at reducing poverty, increasing farmers' income through crop diversification and direct benefit transfer, providing piped drinking water to all, would enable quality education and skill development, provide quality physical infrastructure for enhancing economic activities, and empowering women are expected to receive significant funding in the four-month budget.

Some of the state government's top priorities, including the transformation of Puri, the rehabilitation of Lingaraj, the upgrade of SCB medical college and hospital, and other tourist infrastructure development, are expected to get significant funding in the budget.

Following the council of ministers meeting, a meeting of the state cabinet was held, in which 27 proposals from various ministries were adopted. As the state assembly is in session, no details of the cabinet decision have been published.

Image Source

Also read: Odisha's Malkangiri Airport to become functional by Jan 2024

The Odisha cabinet approved an annual budget of approximately Rs 2 lakh crore for the financial year (FY) 2022-2023. Even though the complete budget has been approved, finance minister Niranjan Pujari presented the state parliament with a vote-on-account for four months (April-July) on March 30. A senior official told the media that as it was not possible to pass the entire budget during this ongoing session, they will seek the vote-on-account for four months. The four-month outlay is likely to be around Rs 90,000 crore. On March 31, the appropriation bill would be passed to enable the government to spend money from the state exchequer from April 1, the beginning of the new FY2022-23. According to the media sources, provisions would be made for continuing all current programs/schemes, including the salary and pension of state government workers and retirees, even though the state government seldom makes preparations for new schemes in the vote-on-account. Among the ongoing programmes, schemes aimed at reducing poverty, increasing farmers' income through crop diversification and direct benefit transfer, providing piped drinking water to all, would enable quality education and skill development, provide quality physical infrastructure for enhancing economic activities, and empowering women are expected to receive significant funding in the four-month budget. Some of the state government's top priorities, including the transformation of Puri, the rehabilitation of Lingaraj, the upgrade of SCB medical college and hospital, and other tourist infrastructure development, are expected to get significant funding in the budget. Following the council of ministers meeting, a meeting of the state cabinet was held, in which 27 proposals from various ministries were adopted. As the state assembly is in session, no details of the cabinet decision have been published. Image Source Also read: Odisha's Malkangiri Airport to become functional by Jan 2024

Infrastructure Energy

22 Jul 2025

WattPower, First Solar Host Solar Connect to Boost Agri-Solar in Telangana

WattPower, a renewable energy solutions provider, in collaboration with First Solar, hosted a high-level industry roundtable titled ‘Solar Connect’ at Vivanta, Hyderabad. The event focused on advancing agri-solar deployment in Telangana under the PM-KUSUM scheme. The session brought together policymakers, clean energy experts, and project stakeholders to address the core challenges in scaling agri-solar infrastructure. The agenda included technical presentations by both companies and a panel discussion moderated by Pavit Gandhi, Director, Sales, WattPower. The panel, titled “Un..

Infrastructure Urban

22 Jul 2025

PM Modi to Launch Rs 12 Billion Projects in Bihar, Rs 5 Billion in West Bengal

Prime Minister Narendra Modi will visit Bihar and West Bengal on Friday to launch a series of development projects worth over Rs 17 billion, aimed at strengthening infrastructure, connectivity, and socio-economic growth in the two states.Projects in BiharIn Bihar, the Prime Minister will lay foundation stones, inaugurate, and dedicate projects spanning rail, road, rural development, fisheries, electronics, and information technology sectors.He will inaugurate multiple rail projects, including the automatic signalling system on the Samastipur-Bachhwara rail line for improved train operations. T..

Infrastructure Transport

22 Jul 2025

IRCON Secures Rs 1.87 Billion in Major Mumbai Metro and Rail Contracts

State-owned engineering firm IRCON International Limited announced on Friday, 18 July, that it has secured three major infrastructure contracts worth over Rs 1.87 billion. The awards include two contracts for Mumbai Metro projects from the Mumbai Metropolitan Region Development Authority (MMRDA) and one railway project in Madhya Pradesh from Rail Vikas Nigam Limited (RVNL).IRCON received a Letter of Award from RVNL for a railway infrastructure project valued at Rs 756 million (inclusive of GST) in Madhya Pradesh. The contract was awarded to the IRCON–JPWIPL joint venture, where IRCON holds a..

Odisha cabinet approves Rs 2 lakh crore budget for FY22-23

WattPower, First Solar Host Solar Connect to Boost Agri-Solar in Telangana

PM Modi to Launch Rs 12 Billion Projects in Bihar, Rs 5 Billion in West Bengal

IRCON Secures Rs 1.87 Billion in Major Mumbai Metro and Rail Contracts

Latest Updates

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address