Question
Which of these statements accurately describe the annual
budget presented by Odisha for FY 2024-25? A.Chief Minister Mohan Charan Majhi announced a budget of â‚ą2.65 lakh crore. B.Odisha's GSDP is projected to grow at 7%. C.Program expenditure is set at â‚ą1.55 lakh crore, with administrative costs at â‚ą97,725 crore.Solution
Odisha's budget, presented by Chief Minister Mohan Charan Majhi, totaled â‚ą2.65 lakh crore, focusing on agricultural and women's development under the vision of a 'Developed Odisha'. The GSDP growth rate is anticipated at 8%, not 7% as previously mentioned. Of the total budget estimates, programme expenditure was pegged at Rs 1.55 lakh crore, administrative expenditure proposed at Rs 97,725 crore, and an outlay of Rs 3,900 crore for Disaster Risk Management Funds.
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