Main Features of Budget of Odisha

Main Features of Budget of Odisha Budget Highlights The Gross State Domestic Product of Odisha for 2017-18 at current prices is estimated to be Rs 4,12,481 crore. This is 8.8% higher than the revised estimate for 2016-17. Total expenditure for 2017-18 is estimated to be Rs 1,06,911 crore, a 14.3% increase over the revised estimate … Read more

Odisha Public Finance and fiscal Policy

Odisha Public Finance and fiscal Policy Basic Understanding of Public Finance Public finance as a concept may be understood on two levels – as a practical activity of all components of public administration and As a theoretical area. The term “public finance“ may be defined as the identification of specific financial relationships and functions running between public … Read more

Odisha Tax and Economic Reforms

Odisha  Tax and Economic Reforms The economic liberalization in India , initiated in 1991, with principles of Liberalization , Privatization and Globalization (LPG) of the country’s economic policies, with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment. Specific changes include a reduction in import tariffs, deregulation … Read more

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