Bhubaneswar buzzed with anticipation as Odisha Chief Minister Mohan Charan Majhi rolled out the 2026-27 state budget amounting to ₹3.10 lakh crore, a testament to the government’s focus on farmer welfare, robust infrastructure, and cutting-edge technology. Delivered on Friday, this spending plan marks a pivotal shift towards inclusive development.
Holding dual roles as CM and Finance Minister, Majhi emphasized speeding up infrastructure to global standards, skilling the youth, leveraging AI for higher productivity, promoting varied industries, and driving growth that leaves no one behind—especially women and vulnerable groups.
Anchored in six key pillars: People First, Rural Empowerment, Prosperity for All, Our Heritage Our Pride, Technology Leading the Way, and Governance Centered on Citizens, the budget elevates program spending to ₹1,80,000 crore—58% of the total.
With capital outlay at ₹72,100 crore (6.5% GSDP, 23.3% budget), Odisha leads major states in capital investment share. Prudent fiscal management shows revenue surplus at 3% GSDP and deficit at 3.5% DSDP, adhering strictly to FRBM guidelines.
Farmers stand to gain big with ₹42,492 crore for agriculture (up 12.3%), featuring ‘Samriddha Krishak Yojana’ at ₹6,088 crore guaranteeing ₹3,100/quintal for paddy. A ₹100 crore revolving fund and ₹5,000 crore for prompt payments will streamline procurement and instill confidence.
₹17,855 crore targets irrigation upgrades, flood management, and efficient water use. Broader allocations cover public health (₹23,182 crore), education (₹42,565 crore), women & child schemes (₹18,957 crore), social security (₹25,208 crore), urban projects (₹10,738 crore), and rural employment mission (₹5,575 crore).
Sixteen fresh initiatives shine bright: Puri’s ₹1,000 crore Jagannath Centre, World Tourism Centre, Kanya Sumangal Yojana with ₹20,000 girl-child savings, Smart City Mission (₹100 crore), and AI Mission (₹23 crore). As Odisha eyes a brighter future, this budget promises tangible progress for every citizen.