Telangana Finance Minister Bhatti Vikramarka has introduced the budget in the assembly for fiscal year 2024-25 with a total expenditure of Rs. 2,75,891 crore with 2,01,178 crore rupees being allocated for revenue expenditure and 29,669 crore rupees for capital expenditure. 💰📊
Telangana Finance Minister Bhatti Vikramarka has introduced the budget in the assembly for fiscal year 2024-25 with a total expenditure of Rs. 2,75,891 crore with 2,01,178 crore rupees being allocated for revenue expenditure and 29,669 crore rupees for capital expenditure. Addressing the house, the minister said that the Telangana is committed to improving the lives of its citizens and prioritizing the welfare of the disadvantaged. He said that their goal is to provide support and assistance to those in need and promote equality and well-being for all.
Bhatti Vikramarka stated that under the inspiration of Indiramma Rajyam, we have announced six guarantees for the welfare of the people, which we will implement rigorously. "Despite the challenges in the national economic situation, we will strive to provide employment opportunities and ensure prosperity for the people," FM said. Further speaking, the minister said that the although the economic growth rate has declined, Telangana still ranks fifth among states with high wealth accumulation. He said budget of Rs. 53,196 crore has been allocated for the implementation of the six guarantees, with various departments receiving specific funding such as Ra. 774 crore rupees for the IT department, Rs. 40,080 crore rupees for the Panchayat Raj department, Rs. 11,692 crore for the Municipal Administration department, Rs. 19,746 crore for the Agriculture department, and Rs. 1,250 crore for SC, ST Gurukul buildings. Additionally, Rs 7,740 crore have been allocated for housing construction, Rs. 28,024 crore for irrigation projects, and Rs. 9,150 crore rupees for BC welfare.💰📊
Budget Highlights
Total Budget — Rs 2,75,891 crore
Abhayahastham schemes under six guarantees — Rs 53,196 crore
Industries — Rs.2,543 crore
IT — Rs 774 crore
Panchayat Raj and Rural Development — Rs 40,080 crore
Musi Riverfront Development — Rs 1,000 crore
Municipal Administration and Urban Development — Rs 11,692 crore
Agriculture — Rs 19,746 crore
SC welfare — Rs.21,874 crore
ST welfare — Rs 13,313 crore
Minorities welfare — Rs 2,262 crore
BC welfare —- Rs 8,000 crore
Education — Rs 21,389 crore
Medical and Health — Rs 11,500 crore
Housing — Rs 7,740 crore
Irrigation — Rs 28,024 crore
