- Odisha passes ₹3.10 lakh crore budget for 2026-27
- 58% allocated to programme expenditure and welfare schemes
- Capital outlay among highest, focus on growth and infrastructure
Bhubaneswar: The Odisha Appropriation Bill 2026-27 has been passed in the Assembly, authorising the state government to spend ₹3.10 lakh crore from the Consolidated Fund for the upcoming financial year. The move sets the financial roadmap for Odisha’s development, even as Opposition members staged a walkout during the proceedings.
Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, defended the budget as growth-oriented and fiscally responsible.
Odisha Appropriation Bill 2026-27: Budget Size and Growth Focus
The total budget outlay of ₹3.10 lakh crore marks a 7 per cent increase compared to the previous financial year, signalling continued expansion in public spending.
The state’s Gross State Domestic Product (GSDP) is projected to reach ₹11.07 lakh crore in 2026-27, with an expected growth rate of 8 per cent or higher.
The government has also committed to maintaining fiscal discipline, with the fiscal deficit pegged at 3.5 per cent of GSDP, aligning with FRBM norms.
Strong Push for Infrastructure and Capital Investment
A major highlight of the budget is the capital outlay of ₹72,100 crore, which accounts for 23.3 per cent of the total budget and 6.5 per cent of GSDP.
This places Odisha among the leading states in terms of capital expenditure, indicating a strong focus on infrastructure development, industrial growth, and long-term economic expansion.
High capital spending is often seen as a driver of job creation and private investment.
Odisha Appropriation Bill 2026-27 Allocates 58% to Key Schemes
Focus on Welfare and Programme Expenditure
Out of the total budget, ₹1.80 lakh crore has been earmarked for programme expenditure, which includes welfare schemes, social sector spending, and development initiatives.
This allocation reflects the government’s attempt to balance growth with social support, ensuring benefits reach key sectors like health, education, and rural development.
Agriculture Gets Higher Allocation
The agriculture and allied sectors will receive ₹42,492 crore, marking a 12.3 per cent increase over the previous year.
This boost aims to strengthen rural livelihoods, improve productivity, and support farmers amid changing climate and market conditions.
Also Read | Odisha Elephant Attacks Deaths Data: 443 Lives Lost, 264 Elephants Dead in 3 Years
Political Context and Assembly Debate
The Bill was passed amid a walkout by Opposition members, indicating political disagreement over the budget’s priorities.
Several legislators from both ruling and opposition benches participated in the debate, raising issues related to allocation, growth, and implementation.
What This Budget 2026-27 Means for Odisha
The passage of the Appropriation Bill sets the stage for Odisha’s economic direction in 2026-27.
With high capital investment, controlled fiscal deficit, and increased sectoral allocations, the government is positioning the state for sustained growth.
However, the real test will lie in execution. Efficient implementation and accountability will determine whether these allocations translate into tangible development outcomes for citizens.
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