Odisha Budget 2026-27: Fiscal and Development Insights

From the study guide

Course Outline

  1. Odisha Budget Overview
  2. Economic Outlook & GSDP
  3. Revenue & Capital Receipts
  4. Budget Expenditure Breakdown
  5. Fiscal Health Indicators
  6. New Budget Initiatives
  7. Education & Health Spending
  8. Agriculture & Rural Development
  9. Urban & Infrastructure Projects
  10. Public Debt & Borrowing

1. Odisha Budget Overview

Key Concepts & Definitions

Total Budget Outlay ₹3.1 Lakh crore: The total planned expenditure for Odisha in 2026-27, representing the sum allocated across various sectors and schemes, amounting to ₹3.1 lakh crore.

Core Philosophy: Lokanka Unnati, Rajyara Pragati: The guiding principles of the Odisha budget emphasizing "Welfare of People" (Lokanka Unnati) and "Progress of State" (Rajyara Pragati), focusing on inclusive development and overall well-being.

Six Pillars of Odisha Budget: The foundational themes guiding the budget, including People First, Rural Empowerment, Prosperity for All, Our Legacy, Technology Leading the Way, and People-Centric Governance, aimed at holistic development.

Budget Presentation Date and Presenter: The budget was presented by Mohan Majhi, the Chief Minister & Finance Minister, on 20 February 2026, marking the official announcement and outline of financial plans for the year.

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Practice quiz preview

1. When was the Odisha Budget for 2026-27 presented by Mohan Majhi?

2. When was the Odisha budget for 2026-27 presented?

3. Who is credited with formulating the economic outlook and GSDP projections for Odisha in 2025-26?

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Flashcard preview

Odisha Budget Outlay — amount?

₹3.1 lakh crore, 28% of GSDP

Core Philosophy — focus?

Welfare of People and Progress of State

Six Pillars — includes?

People First, Rural Empowerment, Prosperity, Legacy, Technology, Governance

Budget Presenter — who?

Mohan Majhi

Budget Size — % of GSDP?

Approximately 28%

2025-26 GSDP — amount?

₹9.88 lakh crore

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Frequently asked questions

What does the Odisha Budget 2026-27: Fiscal and Development Insights study guide cover?

It covers the core concepts of Odisha Budget 2026-27: Fiscal and Development Insights, organized by topic with the key definitions, explanations and takeaways, so it's easier to learn and remember.

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How many questions are in the Odisha Budget 2026-27: Fiscal and Development Insights quiz?

The practice quiz has 10 multiple-choice questions, each with an explanation. Use it to check what you know and find your gaps.

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