The Telangana Assembly is preparing for an important session today. Chief Minister Revanth Reddy’s government is set to reveal the full budget for the fiscal year 2024-25. The budget is expected to be around ₹3 lakh crores. A Cabinet meeting will take place at 9 AM in the assembly committee hall, led by CM Reddy, to finalize the budget proposal before its presentation.
At noon, Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka will officially present the budget in the Legislative Assembly. Legislative Affairs Minister Sridhar Babu will introduce it in the council. After the budget’s introduction, the assembly will take a break for a day. A general debate on the budget is scheduled for the 27th.
The assembly will also take breaks for the Bonalu festival on the 28th and 29th. Discussions will resume on the 30th and 31st, when the Assembly is expected to approve the currency exchange bill.
This budget presentation is significant because of the recent promises made by the Congress party. They pledged substantial schemes and development initiatives during the election campaign.
Adding to the interest, K. Chandrashekar Rao (KCR) is likely to attend the assembly meetings for the first time as the leader of the opposition.