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Tightrope walk for Majhi govt as it prepares Budget
The Morning Standard
|June 27, 2024
AS the Mohan Charan Majhi government prepares for budget 2024-25, funding of ambitious welfare schemes vis-a-vis capital expenditure will require a tightrope walk.
The state faces the daunting task of provisioning for promises made by the BJP government, while ensuring fiscal prudence and sustainability.
As approved in the first cabinet chaired by Majhi after he took oath as the chief minister, the government seeks to implement at least three major promises Subhadra Yojana, support price of 3,100 per quintal of paddy and pension of 3,000 for all eligible beneficiaries.
Sources said the three components could require around ₹1.03 lakh crore which include ₹82,500 crore for Subhadra Yojana (if applicable for 1.65 crore women voters), 7,000 crore for paddy support price and ₹14,000 crore for pension.
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