he Odisha government is more likely to rely on central assistance and debts to meet its allocation for all the budgetary provisions this year. This is what experts have to say, a day after presentation of the annual State budget for 2018-19 financial year.
According to experts, while the per capita distribution of loan burden will touch Rs 25,000 by the end of the current fiscal, a break-up of budget data shows that the State will be able to generate Rs 33, 000 crore as revenue from self implemented taxes.
Similarly, with non-tax revenue of Rs 12,500 crore, the State government will manage to generate revenue of Rs 45,500 crore all by itself.
In terms of central grant, the state will get Rs 30,559 crore and in total, the Central assistance is likely to touch Rs 70,000 which is about half of the state budget presented for this fiscal.