Stating that the allocation meets about 87 per cent of the state's demand, Singh said, "We have passed with distinction."
Neighbouring states like Andhra Pradesh and Chhattishgarh have been allocated Rs 3,406 crore and 3,676 crore respectively, sources said.
Singh, however, said the details about the new projects, new trains and other aspects could be knwon on February 3.
The allocation made for the year 2017-18 is about 9 per cent more than the previous year's allocation of Rs 4,682 crore.
Odisha had been allocated Rs 657.60 crore in 2009-10, Rs 900.3 crore in 2010-11, Rs 1,100.3 crore in 2011-12, Rs 719.3 crore in 2012-13, Rs 812.5 crore in 2013-14, Rs 1,465 crore in 2014-15, Rs 3,712 crore in 2015-16 and Rs 4,682 crore in the Budget for 2016-17.