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Telangana Budget 2017-18 Highlights

By:  Tupaki Desk   |   13 March 2017 10:16 AM GMT
Telangana Budget 2017-18 Highlights
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Telangana Finance Minister Etela Rajender on Monday presented the state budget for the financial year 2017-18. He described his budget as pro-poor and welfare oriented. Have a look at the highlights…

Total Budget - Rs 1,49,646 crore; Planned Expenditure: Rs 61,607.20 crore; Revenue Expenditure: Rs 50,954.61 crore

Revenue Suplus: Rs 4,571.30 crore; Fiscal Deficit: Rs 26,096.31 crore

Telangana Growth Rate: 19.61 Percent. Likely to achieved Gross State Domestic Project (GSDP) growth of Rs 10.1 percent in the current financial year.

Budget 2016-17 Total Expenditure pegged at Rs 1,12,191.07 crore (86.02% of Rs 1,30,000 crore)


Allocations:

Expenditure of various schemes implemented by Government stood at Rs 88,038.80 crore

Rs 23,675 crore for Irrigation alone

Rs 14,723 crore for Panchayat Raj

Rs 12,705 crore for Education

Rs 5,943 crore for Agriculture

Rs 5,976 crore for Health

Rs 5,033 crore for Roads

Rs 4,203 crore for Power

Rs 4,000 for 4th & Final Settlement to Banks as part of Farm Loan Waiver (Rs 17,000 crore)

Rs 3,000 crore for Mission Bhagiratha

Rs 300 crore for Warangal Municipal Corporation which is the 2nd Biggest City in Telangana

Rs 252.89 crore for Information Technology

SC, ST Welfare Funds which remained unspent will be carried forward to the financial year 2017-18. Allocation of funds for SC, ST Welfare based on population ratio.

Nothing to worry though power demand in the state has risen to 10,000 MW