Sunday, March 23, 2025
More
    HomeHyderabad6Gs receive the largest share

    6Gs receive the largest share

    Related stories

    Telangana CM Revanth Reddy Urges Southern States to Unite Against Delimitation Injustice

    Telangana Chief Minister Revanth Reddy has called on southern...

    Students shine at annual sports meet

    SR University (SRU) celebrated its 23rd Annual Sports Day...

    Coal production is keeping up with India’s rising energy needs, says Kishan

    India has reached a major milestone in coal production,...
    -Advertisement-

    The Telangana State Government has announced a budget of Rs 3.04 lakh crore for the financial year 2025-2026. This budget prioritizes welfare schemes, industrial growth, and infrastructure development to boost the state’s progress.

    A significant amount, Rs 56,000 crore, has been set aside for the implementation of the Six Guarantees, showing the government’s dedication to social welfare. Other major allocations include funds for Scheduled Caste (SC) welfare, Panchayat Raj, and the Irrigation sector. Additionally, money has been assigned for constituency development, industrial incentives, and urban development.

    - Advertisement -

    While presenting the budget in the Assembly, State Finance Minister Mallu Bhatti Vikramarka highlighted the government’s commitment to welfare schemes and key projects, especially in Hyderabad’s Future City and areas near the Outer Ring Road. He stated that the government aims to expand Telangana’s economy from $200 billion to $1 trillion in the coming years.

    The government has already introduced a long-term strategy called ‘Mega Master Plan – 2050’, which aims to make Telangana a leader in modern technology, clean energy, and sustainable development.

    - Advertisement -

    The Finance Minister emphasized that the budget is not just about financial figures but serves as a roadmap for equitable growth, economic stability, and social welfare. The budget includes a revenue expenditure of Rs 2.26 lakh crore and a capital expenditure of Rs 36,504 crore, focusing on sustainable development.

    Also read:  BC Study Circle to provide free banking and finance training

    In total, 28 major schemes have been included in the budget. Of the total funds, Rs 56,084 crore has been allocated for the Six Guarantees, while Rs 1.04 lakh crore is designated for other key schemes.

    Some of the new and existing schemes funded in this budget include Rajiv Yuva Vikasam, Urban Development, Indira Giri Jala Vikasam, university infrastructure improvements, Future City Development Authority support, industrial incentives, rice subsidies, interest-free loans for DWACRA women groups, and 100% solarization of villages.

    Among the Six Guarantees, the Rythu Bharosa scheme has received the highest allocation of Rs 18,000 crore, followed by Cheyutha (Rs 14,861 crore), Indiramma Housing (Rs 12,571 crore), Mahalakshmi (Rs 4,305 crore), Gruhajyothi (Rs 2,080 crore), and the LPG subsidy (Rs 723 crore).

    The budget has proposed Rs 1.74 lakh crore for welfare programs and Rs 1.30 lakh crore for the functioning of 30 secretariat departments. Additionally, Rs 36,500 crore has been allocated for 25 departments, with the Irrigation Department receiving Rs 12,652 crore.

    This budget reflects the Telangana government’s commitment to holistic development, ensuring a balance between welfare initiatives and economic growth.

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here