NewKerala.com

Odisha CM Majhi Praises Union Budget as Visionary Boost for State's Growth

Odisha Chief Minister Mohan Charan Majhi has praised the Union Budget for 2026-27, describing it as forward-looking and inclusive. He highlighted specific benefits for Odisha, including the establishment of a Rare Earth Corridor to boost high-tech manufacturing. The CM also welcomed the operationalisation of National Waterway-5, which will improve connectivity for mineral and industrial regions. Majhi concluded by thanking the Prime Minister and Finance Minister for a budget he believes strengthens the path to an 'Atmanirbhar Bharat'.

Key Points: Odisha CM Hails Union Budget as Visionary, Welfare-Oriented

  • Hailed as visionary & welfare-oriented
  • Focus on Rare Earth Corridor in Odisha
  • Operationalisation of National Waterway-5
  • Boost for tourism & MSMEs
  • Aims for 'Development with Heritage'
2 min read

Odisha CM Mohan Majhi hails Union Budget as visionary, welfare-oriented

Odisha CM Mohan Majhi praises the 2026-27 Union Budget for its focus on youth, farmers, and key projects like the Rare Earth Corridor and NW-5 for Odisha.

"This forward-looking and inclusive budget provides new opportunities for youth, security for farmers... - CM Mohan Majhi"

Bhubaneswar, Feb 1

Odisha Chief Minister Mohan Charan Majhi greeted Finance Minister Nirmala Sitharaman on the presentation of the Union Budget for the 2026-27 financial year, which he described as visionary and welfare-oriented, focusing on the empowerment of youth, farmers, entrepreneurs, the middle class, and workers.

Taking to his X handle, CM Majhi wrote, "This forward-looking and inclusive budget provides new opportunities for youth, security for farmers, incentives for entrepreneurs, relief for the middle class, and recognition for workers. It aims to accelerate innovation, manufacturing, and employment while strengthening agriculture, rural development, infrastructure, tourism, culture, and knowledge traditions, thereby realising the mantra of Development with Heritage."

On the announcement of the establishment of a 'Rare Earth Corridor' in Odisha in the Union Budget, the CM stated that this crucial decision will promote mineral processing, research, and high-technology manufacturing in the state. He also hailed the decisions regarding the operationalisation of National Waterway-5 (NW-5), connecting the mineral-rich areas of Talcher and Angul and industrial centres like Kalinga Nagar to the ports of Paradeep and Dhamra.

"For Odisha, the establishment of the 'Rare Earth Corridor' will promote mineral processing, research, and high-technology manufacturing. The operationalisation of National Waterway-5 (NW-5) will connect mineral-rich and industrial regions to ports, ensuring cost-effective and environmentally sustainable transport, while skill development centres along the waterway will equip local youth with training and employment opportunities," added Majhi.

He further underscored that conservation-based tourism initiatives such as 'Turtle Trails' and mountain trails in the Eastern Ghats will protect biodiversity, empower local communities, and position Odisha as a world-class destination for nature and adventure tourism.

"Support to MSMEs, startups, and indigenous production further strengthens the foundations of an 'Atmanirbhar Bharat'. Through social justice, inclusive development, and good governance, this budget paves the way for India's present and future growth. I convey my heartfelt gratitude to Hon'ble Prime Minister and sincere thanks to Hon'ble Finance Minister for this visionary and welfare-oriented budget," noted Majhi.

Notably, Finance Minister Nirmala Sitharaman on Sunday presented her record ninth consecutive Union Budget for the 2026-27 financial year in Parliament.

- IANS

Share this article:

Reader Comments

P
Priya S
Visionary budget indeed. Focus on youth, farmers, and infrastructure is what we need. Hope the skill development centres along the waterway actually deliver quality training and not just remain on paper.
R
Rohit P
Connecting Talcher and Angul to ports via waterways is a brilliant move. Will reduce road congestion and pollution. Big win for logistics and the environment. Kudos to the FM and PM.
S
Sarah B
As someone who loves travel, the 'Turtle Trails' and mountain trails sound amazing. Promoting eco-tourism while protecting biodiversity is the perfect balance. Can't wait to visit!
V
Vikram M
All sounds good, but I'll believe it when I see the ground reality. Many budgets promise "relief for the middle class," but inflation still bites hard. Hope this time it's different.
K
Karthik V
Support for MSMEs and startups is crucial. As a small business owner in Bhubaneswar, easier access to credit and simpler regulations would help more than big corridors. Hope the details are favourable.
M
Michael C
Focusing on high-tech manufacturing and research is the right direction for India's future. The Rare Earth Corridor could make Odisha a hub for tech components. Strategic thinking.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50