Projecting economic growth in the range of 8-8.5 percent, the Odisha government on June 28 presented the annual budget of Rs 1.39 lakh crore for the 2019-20 fiscal.
The outlay of the state budget, tabled by Finance Minister Niranjan Pujari in the assembly, is about 15.8 percent more than that of 2018-19.
Noting that Odisha's economy is expected to grow at 8.35 percent in 2018-19 -- surpassing the all India growth rate of 7.2 percent -- he said the outlay is proposed to be financed by revenue receipts of Rs 1,15,266 crore and Rs 23,734 crore through borrowings and other receipts.