By Our Correspondent
BHUBANESWAR: The Chief Minister Naveen Patnaik on Satuday said that the state budget for the year 2022-23 presented today is a progressive, pro-poor and developmemnt oriented Budget. The Budget size has increaed to Rs.2 lakh crore and the Programme Budget to Rs.1 lakh crore.
Priority of the Budget is to create quality healthcare facilites, quality education including school transformation, life and livelihoods, women empowerment as well as infrastructure development.The Capital spending will increase by more than 56%, which will foster growth, CM Patnaik said.
Separate Budget for Mission Shakti with allocation of Rs.2000 crore will further deepen our engagement with 70 lakh women of our State, CM said.
‘Our initiative to create a “Budget Stabilization Fund” will help in mitigating any revenue shock in future.The budget is in line with our transformational agenda under “5T” and “Mo Sarkar”. I hope this Budget will meet the aspiration of the people of the State,’ he said.
