Odisha CM Mohan Majhi Unveils ₹2.90 Lakh Cr Budget for 2025-26
Odisha Chief Minister Mohan Charan Majhi has presented the state budget for the financial year 2025-26, setting the total expenditure at ₹2.90 lakh crore. This budget, which was tabled on February 17, 2025, focuses on agriculture, irrigation, and rural development, aiming to strengthen the state’s economy by prioritizing key sectors. This is the first full-fledged budget by the BJP-led government since it came to power last year. The allocation sees a significant rise compared to the 2024-25 budget of ₹2.65 lakh crore, indicating the state’s continued commitment to economic growth.
Agriculture remains a major focus in the 2025-26 budget, with an allocation of ₹37,838 crore to agriculture and allied activities. This marks a 12% increase from last year’s ₹33,919 crore, reflecting the government’s efforts to boost farm productivity. Given that nearly 48% of Odisha’s workforce is engaged in agriculture and 80% of the population lives in rural areas, the increased budget aims to directly impact the lives of farmers.
To address water availability for farming, the Odisha government has proposed new schemes focused on irrigation expansion. Though specific financial details of these projects have not been disclosed, the budget highlights the need to improve irrigation infrastructure, ensuring that agricultural productivity is not hindered due to water shortages. Investments in infrastructure development will also play a key role in supporting sustainable farming and economic growth.
Apart from agriculture and irrigation, the Odisha government has introduced initiatives to support dairy farmers. Under the ‘Mukhyamantri Kamdhenu Yojana,’ ₹164 crore has been allocated to increase milk production and boost the dairy sector. This move aims to strengthen the rural economy by providing necessary financial and infrastructural support to dairy farmers.
The Odisha government had presented a budget of ₹2.65 lakh crore in the 2024-25 fiscal year, with ₹33,919 crore allocated for agriculture and allied sectors. The 2025-26 budget shows a clear rise in overall spending, particularly in agriculture and rural development, demonstrating the state’s growing focus on strengthening its economy.
With this budget, the Odisha government aims to accelerate economic development while ensuring that the agricultural and rural sectors receive adequate support. The increased allocation reflects a long-term strategy to enhance the state’s economic resilience and uplift the rural population.
| Key Highlights | Details |
|---|---|
| Budget Amount | ₹2.90 lakh crore |
| Presentation Date | February 17, 2025 |
| Focus Areas | Agriculture, irrigation, rural development |
| Agriculture Allocation | ₹37,838 crore (12% increase from previous year) |
| Key Initiatives | – CM Kisan Yojana: ₹2,020 crore |
| – Shree Anna Abhiyan: ₹600 crore | |
| Dairy Farming Support | Mukhyamantri Kamdhenu Yojana: ₹164 crore |
| Comparison with Previous Year | Previous budget: ₹2.65 lakh crore |
| Government’s Objective | Strengthening agrarian economy and rural upliftment |
Vikram-1, it is the country’s first ever private orbital rocket developed and designed indigenously. As…
India is advancing its access to the formal financial services, as Reserve Bank of India…
In the FIFA World Cup 2026, either Spain or Argentina will lift the ultimate trophy…
The Serum Institute of India (SII) has reached a watershed agreement with the Gates Medical…
Karnataka has made public the draft Karnataka Apartment (Ownership and Management) Bill, 2025 (KAOMA), an…
Uttar Pradesh state government made an announcement of the two digital platforms, that are called…