Bhubaneswar, Feb 23 (PTI) The Odisha Government has received only Rs 10,727.52 crore Central grants against the estimated amount of Rs 41,591.73 crore till January of the current financial year 2025-26.
This was informed by Chief Minister Mohan Charan Majhi in the State Assembly on Monday.
In a written reply to the question by former finance minister Niranjan Pujari, the CM said the Central Government provides funds to the state under Central Sponsored Schemes (CCS), assistance to local bodies, disaster response fund, share in NDRF, other purposes.
The State Government had estimated that it would receive a total fund of Rs 41,591.73 crore central grants during the fiscal year 2025-26. However, as per information available with the AG Odisha, the State has received Rs 10,727.52 crore grant from the Centre till January end, he said.
In another reply to the House, Majhi said the State has received Rs 6005.92 crore under Centrally Sponsored Scheme (CSS) till December 2025 against the estimation of Rs 29,101.44 crore.The State got Rs 3373.61 crore against an estimate of Rs 6611.27 crore as Finance Commission Grants.
Besides, the State has received Rs 445.21 crore from Centre as other grants to States while it was estimated that Odisha would get Rs 5,879.03 crore from these sources.
The Central grants have not only reduced during the current financial year. The grants were far below the estimation during the period years too.
As per information shared by CM in the House, the State had a budget estimate of Rs 21,808.96 crore under Centrally Sponsored Schemes (CSS) in 2021-22, out of which it received Rs 11,819.86 crore.
In 2022-23, the budget estimate under CSS was Rs 20,399.49 crore, with Rs 11,741.21 crore received while the budget estimation for 2023-24 was Rs 20,663.32 crore and the State got Rs 15,685.09 crore. The estimation for FY 2024-25 was Rs 25,564.39 crore and the State received Rs 11,384.60 crore.
Similarly, the State was hoping to receive Finance Commission Grants of Rs 5357 crore, Rs 4732.17 crore, Rs 6250.84 and Rs 7011.94 crore from the Centre during the year 2021-22, 2022-23, 2023-24 and 2024-25, respectively.
However, the real receipt from Finance Commission Grants was Rs 4556.77 crore, Rs 4220.80 crore, Rs 4867.22 crore, and Rs 5450.06 crore during the above mentioned period.
Under transfers from the central government, Odisha had a budget estimate of Rs 10,797.36 crore in 2021-22, but received Rs 3,533.29 crore. In 2022-23, the estimate was Rs 7,656.98 crore and received only Rs 2,237.59 crore.
The estimate for 2023-24 was Rs 5,834.66 crore and the State got funds to the tune of Rs 459.19 crore. For 2024-25, the State received Rs 1,120.85 crore against the estimate of Rs 5,191.91 crore.
Due to the fall down of funding from Government of India, the State resorted to raising of funds from various sources to meet its own expenditure and funding ongoing major schemes like Subhadra, input subsidy to paddy farmers and CM Kisan, etc.
As per data, the State has borrowed Rs 18,183.56 crore till January, of which Rs 11,000 borrowed from open market and repaid Rs 2,000 crore pending loans. In the financial year 2024-25, the State Government had borrowed Rs 24,399.78 crore.
The Government has estimated to borrow Rs 47,400 crore during the end of the current fiscal.
The total debt burden on the State was Rs 21,001.88 crore during the year 2000-01, which rose to Rs Rs1,27,808.14 crore till January end this year.
During the BJP Government’s regime, the State has borrowed Rs 33,238.56 crore from different sources.
Still, Odisha remains one of the most fiscally disciplined states in India, adhering strictly to the Fiscal Responsibility and Budget Management (FRBM) Act. The fiscal deficit is contained within 3% of GSDP. The debt-to-GSDP ratio is maintained within the 25% ceiling as per the FRBM Act, sources said.
The Government of Odisha has introduced a series of comprehensive initiatives aimed at bolstering the state’s fiscal health and modernizing its public financial management (PFM). Some of the significant measures are designed to increase revenue, ensure transparency, and enforce strict fiscal discipline, the source said.
The state projects a revenue surplus of 3% of GSDP (Rs 31,800 crore), ensuring that recurring expenses are covered by operational earnings.
In 2025-26 BE a record capital outlay of Rs 65,012 crore (6.1% of GSDP) has been allocated to ensure that funds are directed toward asset creation rather than just administrative costs, they said. (EOM)
Also Read :- Odisha Budget 2026-27: How is it different from last year
