Odisha CM to Present 2025-26 Budget with Focus on Growth, Welfare, and Infrastructure
Odisha Chief Minister Mohan Charan Majhi, who also holds the Finance portfolio, is set to present the state budget for the financial year 2025-26 in the Legislative Assembly on Monday. The upcoming budget is expected to focus on economic growth while strengthening key welfare initiatives and infrastructure development.
With heightened anticipation, discussions are ongoing regarding the potential introduction of new schemes. However, the state government has already confirmed that the budget will prioritize critical sectors, including solar power projects, the Pradhan Mantri Awas Yojana, the Subhadra Yojana, input subsidies for farmers, a pension of ₹3,000 per month for senior citizens, and the Ayushman Yojana. These programs aim to enhance social security, boost rural development, and ensure economic stability for vulnerable sections of society.
Expected Budget Size and Allocation Trends
The budget size for 2025-26 is projected to be around ₹2.85 lakh crore, marking a significant increase from the ₹2.65 lakh crore allocated for the previous fiscal year. Additionally, in 2024-25, the state had sanctioned a supplementary budget of ₹12,156 crore to expedite the implementation of various government schemes and infrastructure projects.
In the last financial year, several new initiatives were introduced to address the socio-economic needs of the people. The Subhadra Yojana, which focuses on empowering women, received an allocation of ₹10,000 crore, while the Samriddha Krishi Yojana, aimed at modernizing agriculture, was allotted ₹5,000 crore. Additionally, ₹156 crore was set aside for the Madho Singh Hatha Kharcha scheme. These schemes have played a crucial role in enhancing livelihoods and boosting economic activity in the state.
Government’s Vision for 2025-26
Odisha Law Minister Prithviraj Harichandan has stated that the 2025-26 budget is designed to accelerate the state’s development by focusing on employment generation, increasing income levels, industrial expansion, and infrastructure enhancement. The government plans to introduce more welfare programs, strengthen existing ones, and foster an investment-friendly environment to attract industries and boost economic activities.
With a focus on economic resilience, the state is expected to enhance investments in infrastructure, including roads, bridges, and public utilities, to facilitate industrial growth and urban expansion. Given the rising global interest in renewable energy, the emphasis on solar power projects indicates Odisha’s commitment to sustainable development and reducing dependence on conventional energy sources.
Key Expectations from the Budget
The new budget is likely to place special emphasis on agriculture, rural development, and health services, ensuring that farmers receive adequate financial support and access to modern technology. The state’s input subsidy program is expected to be further strengthened, providing relief to farmers affected by erratic weather conditions.
Additionally, healthcare services under the Ayushman Yojana will receive a significant push, ensuring better medical facilities for economically weaker sections. The pension scheme for the elderly is also expected to be expanded, ensuring financial security for senior citizens.
Industrialization and employment generation will be other key pillars of the budget. The government is likely to introduce new policies that encourage entrepreneurship and job creation, particularly for the youth. Infrastructure projects, including new industrial corridors and connectivity enhancements, will play a crucial role in attracting domestic and foreign investment.
A Budget Shaped by Economic Priorities
The Odisha government appears determined to present a budget that not only meets the immediate needs of citizens but also sets the foundation for long-term economic prosperity. By prioritizing social welfare, infrastructure development, and industrialization, the 2025-26 budget is expected to be a roadmap for a more resilient and self-reliant Odisha.
With the budget presentation just around the corner, all eyes are on Chief Minister Mohan Charan Majhi as he unveils the fiscal roadmap that will shape the state’s future.
