Telangana Govt Presents Tax-Free, Farmer Centric Budget 2020-21

HYDERABAD:The Telangana government on Sunday presented a tax-free budget for FY 2020-21, proposing an expenditure of Rs 1,82,914.42 crore.

Out of this, the revenue expenditure is Rs 1,38,669.82 crore and capital expenditure is Rs 22,061.18 crore. It is estimated that surplus in budget estimates is Rs 4,482.12 crore, while the fiscal deficit is Rs 33,191.25 crore, state Finance Minister T Harish Rao said in his Budget speech.

Allocation to prominent sectors/ initiatives in the Budget 2020-21 presented to the Telangana State Legislature today. (In Rupees )

Panchayat Raj & RR – 23,005 CrSC Welfare – 16,534.97 CrMunicipal Administration – 14,809 CrRythu Bandhu – 14,000 CrHousing – 11,917 CrAasra Pension – 11,758 CrDrinking-Water – 11,054 – CrSchool Education – 10,421 CrEnergy – 10,416 CrHyderabad Development – 10,000 CrST Welfare – 9,771.27 CrCrop Loan Waiver – 6,225 CrHealth – 6,186 CrPolice Administration – 5,852 CrBackward Classes Welfare – 4,356 CrRoads & Buildings – 3,494 CrFee Reimbursement – 2,650 CrIndustrial Development – 1,998 CrHigher Education – 1,723.27 CrAnimal Husbandry – 1,586.38 CrMinorities Welfare – 1,518.06 CrIndustrial Infrastructure – 1,500 CrKalyana Lakshmi – 1,350 CrWomen SHGs – 1,200 CrRythu Bima – 1,141 CrMarket Intervention Fund – 1000 CrRTC – 1000 CrDrinking-Water in 38 Municipalities – 800 CrForest & Environment – 791 CrCollectorate, DPO, PCCC – 550 Cr; MBC Corporation – 500 CrEndowments Department – 500 CrMLA, MLCs SDP – 480 CrTotal Literacy Programme – 100 Cr.

The schemes which got major allocations include Rythu Bandhu investment support scheme for farmers (Rs 14,000 crore), Panchayat Raj & RR( Rs 23,005 crore) asara social security pensions (Rs 11,758 crore), two-bedroom houses for poor (Rs 10,500 crore) and Hyderabad Urban Agglomeration (Rs 10,000 crore).

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