08-03-22 Daily-Odisha-OPSC Current Affairs

The state assembly will sit from March 25 to 31 to pass a for expenses in the first few months of the next financial year instead of passing a full-fledged budget.
Government sources said the full budget will be passed some months later, as statutory requirements for the same could not be done in the small window of time due to the Model Code Of Conduct that has been in place for a long time, starting with notification of panchayat election on January 11 to counting of votes for urban local body polls on March 26.

A vote on account is a special permission given to the government to get the assembly nod to withdraw Money when the budget for the new financial year is not passed. Without a vote on account, the government wont be able to spend from April 1.

Finance ministerNiranjan Pujariis likely to place the proposed expenditure for the first quarter (April to July) of the 2022-2023 financial year for the assemblys approval. The session is likely to be reconvened again in June-July to pass the full budget