Bhubaneswar March 23 (IANS) Odisha Finance Minister Shashi Bhusan Behera on Friday presented a Rs 120 028 crore budget for fiscal year 2018-19 in the state Assembly.
The budget is about 12.3 per cent higher than the that for 2017-18.
The Finance Minister also presented a separate agriculture budget of Rs 16 765 crore for 2018-19.
"The budget focuses on achieving rapid and inclusive growth through human development physical and social infrastructure social safety nets for the disadvantaged and vulnerable sections and empowerment of people " said Behera.
He said the total outlay of Rs 1.20 lakh crore would be financed through revenue receipts of Rs 1 00 200 crore and borrowing and other receipts of Rs 19 678 crore.
The Minister said as per the revised estimates for 2017-18 there will be a revenue surplus of Rs 8 873 crore and the fiscal deficit will be at 3.4 percent of Gross State Domestic Product.
Meanwhile opposition Congress and BJP termed the budget "disappointing".
--IANS
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