Struggling with revenue shortfall, Odisha cuts agriculture budget by 10%

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Bhubaneswar: Struggling with a revenue shortfall owing to the pandemic, the Odisha government has cut its Agriculture outlay by 10% to Rs.17,468 crore in the 2021-22 financial year. The state’s Agriculture outlay for the current 2020-21 fiscal was Rs. 19408 crore.

The budgetary allocation for Odisha’s government’s flagship Kalia (“Krushak Assistance for Livelihood and Income Augmentation) Scheme has been reduced by 44 per cent to Rs. 1800 crore, from Rs.3195 crore in FY 21.

Presenting a Rs. 1.7 lakh crore budget for 2021-22, state Finance Minister Niranjan Pujari said that the state has estimated to get Rs. 37,500 crore from own revenue sources, which is 2 per cent less than current years own revenue receipt of Rs. 38350 crore. The state’s share in the central taxes also likely to reduce by 17 per cent to Rs. 30,137 crore.

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