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Budget Gets 2.5 Marks

Odisha Chief Minister Naveen Patnaik has expressed "disappointment" over the Interim Budget presented by Union Minister Finance Piyush Goyal.

 
And Mr.Patnaik said he would give it only 2.5 marks out of 10 to the Union Budget.
 
Chief Minister Mr.Patnaik pointed out that the state will be hit with a short fall of Rs 26,342 crore in actual receipt of allocations in regard to the 14th Finance Commission recommendations.
 
Chief Minister Mr.Patnaik said though the 14th Finance Commission had recommended total transfer of Rs 1,84,070 crore during the period from 2015 to 2020, the actual receipt for 2015-18 revised estimates for 2018-19, the state is going to receiveonly Rs 1,57,828 crore.
 
"Thus, the state will be hit with short fall of Rs 26,342 crore," Chief Minister Mr.Patnaik said.
 
However he welcomed the tax benefits planned for Middle and Lower Income Groups.
 
Mr.Patnaik said he too welcome the direct benefit transfer proposed for small and marginal farmers on the line of Odisha's KALIA scheme.
 
 "However, it would have benefited the farmers more if the quantum of assistance is equal or more than our KALIA scheme which is Rs 10,000 per year," Mr.Patnaik said.
 
He also pointed out that there is nothing for landless poor, share croppers and farmers in distress.

State Government in 31 December, 2018  has launched the Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme for providing assistance to the farmers.
 
Some of the measures taken for MSME sector is encouraging, however, this does not suffice to meet the needs of employment generation in the country, Mr.Patnaik said.
 
Chief Minister said he is deeply "disappointed" with the National Social Security like Old Age Pension and other pensions have not been revised at all.
 
The state is covering 48 lakh beneficiaries with Rs 500 per month while the Centre is giving Rs 200 per month for 20 lakh beneficiaries only, he said.
 
"I am also disappointed with the allocation for ST, SC welfare, both in infrastructure and education. We have been requesting to restore the scholarship funds for SC students which have not been done," Mr.Patnaik rued.

The allocation for MGNREGA is  much lower than the allocation in the Revised Estimate. This will "adversely affect" timely wage payments, he pointed out.
 
Chief Minister also pointed out that the allocation for rural connectivity, rural housing and drinking water have been reduced or have remained at previous level.
 
            
 


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