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KCR Presents Rs 1,82,017-Crore Budget

Irrigation received the top priority, with Rs 22,500 crores.
Hyderabad | 22nd February 2019
Telangana Chief Minister K Chandrashekar Rao today presented a vote-on-account budget for the financial year 2019-20 in the State Assembly, allocating funds for a number of welfare schemes promised by his party on the eve of the last Assembly elections.

The total budgetary outlay proposed by the Chief Minister for the financial year is Rs. 1,82,017 crore. Of this, the revenue expenditure is Rs 1,31,629 crore and the capital expenditure is Rs 32,815 crore.

For 2019-20, the estimated revenue surplus is Rs 6,564 crore, and the fiscal deficit is Rs 27,749 crore - 2.81% of the GSDP.

The Chief Minister said that as per the finance accounts of the State government certified by the Accountant General, the total expenditure in 2017-18 was Rs 1,43,133 crore and the revenue receipts were Rs 88,824 crore. The expenditure on revenue account was Rs 85,365 crore. The revenue surplus was thus Rs 3,459 crore. The capital expenditure was Rs 23,902 crore.

?As per the revised estimates, the total expenditure in 2018-19 is estimated at Rs 1,61,857 crore. Of this, revenue expenditure is Rs 1,19,027 crore while capital expenditure is Rs 28,053 crore. The estimated surplus on revenue account Rs 353 crore," he added.

Waiver of all agriculture term loans up to Rs 1 lakh, increasing investment support to farmers to Rs 10,000 per acre, and increase in allocation to irrigation and agriculture were among the pro-farmer proposals announced by the CM. He announced Rs 20,107 crore for the agriculture sector, a substantial increase over last year's Rs 15,788 crore. The irrigation sector has been allocated Rs 22,500 crore.

KCR said that he had reasons for presenting a vote-on-account budget instead of a full one. The Centre had presented a vote-on-account budget, and the State needed to get clarity on allocations to schemes, programs and other heads. Besides, the State which was new, and was yet to get clarity on the revenues and expenditure, he said.

He said that the State government would present full budget with clarity after the Centre presents a full budget after Lok Sabha polls.

The allocations made in the budget for different departments and programmes are as follows:

Irrigation - Rs 22,500 crore
Agriculture - Rs 20,107 crore
SC Development Fund - Rs 16,581 crore
Aasara pensions - Rs 12,067 crore
Rythu Bandhu - Rs 12,000 crore
Aasara pensions - Rs 12,067 crore
ST Development Fund - Rs 9,827 crore
Farm Loan Waiver - Rs 6,000 crore
ENT, dental care - Rs 5,536 crore
Food subsidy - Rs 2,744 crore
Minorities Welfare - Rs 2,004 crore
Unemployment Allowance - Rs 1,810 crore
To Gram panchayats - Rs 1,628 crore
Kalyana Lakshmi and Shaadi Mubarak - Rs 1,450 crore
MBC corporation - Rs 1,000 crore
Rythu Bima - Rs 650 crore
filed in:  Telangana, Budget, State Budget, KCR, Irrigation
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