Argus News - Odisha Cabinet Likely to Approve ₹13,000 Crore Supplementary Budget Today

Bhubaneswar, Nov 24: A crucial meeting of the Odisha Council of Ministers will be held this evening at Lok Seva Bhawan under the chairmanship of Chief Minister Mohan Charan Majhi.

All cabinet members are expected to attend the session, which is set to finalize key financial decisions ahead of the upcoming Assembly session.

The primary agenda of the meeting will be to approve the additional budget allocations for the current financial year. Sources indicate that the supplementary budget could touch nearly ₹13,000 crore, reflecting the state government’s increased expenditure commitments across various sectors.

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The supplementary budget is scheduled to be presented in the Odisha Legislative Assembly on November 28. Once approved by the cabinet, the proposal will be tabled before the House for discussion and passage.

The state government had introduced a supplementary budget of around ₹12,000 crore last year, which was directed towards infrastructure development, welfare schemes, and disaster management.

This year’s allocation is expected to be slightly higher, underscoring the government’s focus on expanding welfare measures and meeting developmental priorities.

Officials suggest that the additional budget will cover critical areas such as healthcare, education, rural development, and disaster preparedness. With Odisha frequently facing natural calamities, a significant portion of the funds is likely to be earmarked for strengthening relief and rehabilitation mechanisms.

The cabinet meeting comes at a time when the state is preparing for the winter session of the Assembly, where financial management and policy implementation will be key topics of debate.

By approving the supplementary budget, the Council of Ministers will pave the way for its formal introduction in the Assembly, ensuring that the government has the necessary financial backing to continue its welfare and development initiatives.