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Telangana 2024-25 Budget Presented With Rs 2.75 Lakh Crore Outlay

The party allotted Rs 53,196 crore for its six guarantees.
Hyderabad | 10th February 2024
The Congress government on Saturday presented a vote-on-account budget for Telangana with a Rs 2,75,891 crore outlay for the financial year 2024-25.

Further, the revised budget estimates for 2023-24 were pegged at Rs 2,24,625 crore.

Tabling the budget in the Assembly, Deputy Chief Minister Bhatti Vikramarka proposed Rs 53,196 crore for the implementation of the party's six guarantees.

"Provision of additional funds will be made as required, once a complete assessment is made about the schemes," Vikramarka said.

The Deputy CM reiterated that his government would fulfill all the promises made by the Congress during the election campaign, including in the Warangal declaration for farmers, the youth declaration in Hyderabad, the SC-ST declaration in Chevella, and the BC and minority declarations in Kamareddy would be implemented.

According to the revised estimates for 2023-24, the estimated total expenditure is Rs 2,24,625 crore, of which the revenue expenditure is Rs 1,69,141 crore and capital expenditure is Rs 24,178 crore. There was a revenue surplus of Rs 9,031 crore, and a fiscal deficit of Rs 33,786 crore.

As per the estimates for 2024-25, the revenue surplus is Rs 5,944 crore and fiscal deficit is Rs 32,557 crore.

The following are the major proposals in the budget:

Six guarantees: Rs 53,196 crore

Panchayat Raj and Rural Development: Rs 40,080 crore

Irrigation: Rs 28,024 crore

Education: Rs 21,389 crore

SC welfare: Rs 21,874 crore

Agriculture: Rs 19,746 crore

ST welfare: Rs 13,313 crore

Municipal Administration and Urban Development: Rs 11,692 crore

Medical and Health: Rs 11,500 crore

BC welfare: Rs 8,000 crore

Housing: Rs 7,740 crore

Industries: Rs 2,543 crore

Minorities welfare: Rs 2,262 crore

Musi Riverfront Development: Rs 1,000 crore

IT: Rs 774 crore
filed in:  Telangana Congress, Budget, Bhatti Vikramarka, Assembly, Telangana Assembly, Budget Session, Assembly Sessions
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