In a first, fund to mitigate future revenue shock

Odisha, which earns a lion’s share of its revenue from the mining and metal sector, has set up a Budget Stabilisation Fund (BSF), a first-of-its-kind initiative in any state in the country, with an aim to neutralise the risk of price shock of metals on the state budget.

Source: Bhubaneswar News, Latest Bhubaneswar News Headlines & Live Updates – Times of India