By Our Correspondent
BHUBNASWAR: Odisha Finance Minister Niranjan Puari on Tuesday presented the Budget in State Assembly for the year 2022-23 with a total outlay of Rs 2 lakh Crore,
The Finance Minister has proposed a sum of Rs 1,06,498 crore in the Vote on Account for seeking approval of this august House to defray expenses during the first four months of the financial year (April to July).The total Budget size is Rs 30,000 crore more than the Annual Budget of last fiscal 2021-22.
The Revenue Receipt of the Financial Year 2022-23 has been worked out at Rs 1,63,967 crore and the Revenue Expenditure has been estimated at Rs 1,44,349 crore. The estimated revenue surplus is of the order of Rs 19,618 crore, which would be 2.7 percent of GSDP. The estimated fiscal deficit of Rs 21,588 crore would amount to 3 percent of GSDP, said Pujari.
