scorecardresearch
Follow Us:
Tuesday, August 04, 2020

Telangana Budget HIGHLIGHTS: Rs 10,000 crore allocated for development in Hyderabad

Telangana Budget highlights: The schemes which got major allocations include Rythu Bandhu investment support scheme for farmers (Rs 14,000 crore), Aasara social security pensions (Rs 11,758 crore), two-bedroom houses for poor (Rs 10,500 crore).

Written by Rahul V Pisharody | Hyderabad | Updated: March 8, 2020 2:04:00 pm
Telangana Finance Minister T Harish Rao (Source: Twitter/T Harish Rao)

Telangana Budget HIGHLIGHTS: Presenting the Telangana Budget 2020-21, Finance minister T Harish Rao Sunday announced proposed an expenditure of Rs 1,82,914.42 crore. Out of this, the revenue expenditure is Rs 1,38,669.82 crore and capital expenditure is Rs 22,061.18 crore.

Rs 10,000 crore has been allocated for the development of capital city Hyderabad. It is estimated that surplus in budget estimates is Rs 4,482.12 crore, while the fiscal deficit is Rs 33,191.25 crore, state Finance Minister T Harish Rao said in his Budget speech. The finance minister also announced that old-age pensions will be given to those above 57 years of age and allocated Rs 11,758 crore for the same.

In a relief to the SC/STs, households that consume power up to 101 units will no longer have to pay any charges. Coming to education, the FM announced Rs 1,723 crore for education department. Meanwhile, Rs 11,054 crore has been allocated for completing pending irrigation projects. Under special SC development fund, the Finance Minister announced Rs 16,534.97 crore and Rs 9,771 crore under special ST development fund.

The schemes which got major allocations include Rythu Bandhu investment support scheme for farmers (Rs 14,000 crore), Aasara social security pensions (Rs 11,758 crore), two-bedroom houses for poor (Rs 10,500 crore). The proceedings in the Assembly began after the Speaker greeted the legislators on the occasion of International Women’s Day. The state cabinet approved the budget 2020-21 on Saturday ahead of its presentation.

Live Blog

Finance Minister T Harish Rao presented Telangana Budget 2020-21 today. Read highlights

14:04 (IST)08 Mar 2020
House adjourned

The Budget presentation has been completed. The house is adjourned to meet again at 10 am on 11 March, 2020. 

13:51 (IST)08 Mar 2020
Police department allocated Rs 5,582 crores

Finance Minister T Harish Rao also announced Rs 3 crores for each MLAs and MLCs for undertaking development works in their constituencies. Guidelines regarding the same will be formulated soon. Rs 480 crores allocated to MLA/MLCs assembly constituency development funds. Meanwhile, the police department has been allocated Rs 5,582 crores

13:43 (IST)08 Mar 2020
Rs 3494 crore allocated to roads and buildings department

Rs 550 crore allocated for completion of construction of collectorates, DPOs, command and control centers in the state. Rs 3494 crore allocated to roads and buildings department

13:39 (IST)08 Mar 2020
Rs 719 crore allocated for environment

Government has proposed allocation of Rs 719 crore to the department of environment and forests. Rs 500 crore announced for development of hindu temples in the state and Rs 50 crore for maintenance of temples. Rs 750 crores announced for construction of roads.

13:37 (IST)08 Mar 2020
Construction of houses: Financial assistance to those who own land

In the state, construction of over 2 lakh double bedroom houses for the poor are in different stages of completion. In the coming year, the government is extending financial support worth Rs 1 lakh for construction of houses, for those who own land. Rs 11,917 crore is allocated for housing schemes in this budget

13:31 (IST)08 Mar 2020
Telangana govt to form Employee Board to address all grievances of RTC employees

Rs 23005 crore is allocated to the department of Panchayati raj and rural development. Government has proposed Rs 1000 crore to Road Transport Corporation. The government is also in the process of forming an Employee Board to address all grievances of RTC employees.

It should be noted that the RTC workers had staged a strike for over two months to get their demands accepted by the state government in 2019

13:20 (IST)08 Mar 2020
For women self-help groups, Rs 1200 crore allocated for interest-free loans

Rs 1200 crore allocated for interest free loans for women self help groups in this budget.  Rs 600 crore towards construction of CC roads in rural villages.
Salary of 36000 sanitation workers in panchayats increased to Rs 8500

13:05 (IST)08 Mar 2020
Rs 10,416 crore is allocated towards power sector

Telangana is number one in per capita power consumption in the country today with  1,896 units compared to national percapita power consumption of 1181 units. In the erstwhile Andhra Pradesh, 13,162 megawatt was the maximum power demand and in Telangana the maximum power demand was 13168 megawatt which this government has fulfilled without any power cuts. This is our success. Rs 10,416 crore is allocated towards power sector.

12:58 (IST)08 Mar 2020
FM requests people not to panic over coronavirus

Finance minister appealed people not to believe in rumours over coronavirus and assured that the state government has taken all necessary precautionary measures

12:58 (IST)08 Mar 2020
Telangana to create health profile of every citizen, Rs 6,186 crore set aside

Like Kanti Velugu scheme which was world's largest eye screening drive where 1.54crore people were tested for their eye sights, now govt will soon start screening drive for ear, nose, throat and teeth also. The government is in the process of creating a health profile of every citizen. Rs 6,186 crore is set aside for health sector in this budget.

12:57 (IST)08 Mar 2020
'Basti dawakhanas' to be increased to 350

The number of Basti dawakhanas in Hyderabad will be increased from present 118 to 350 this year. In each division there will be at least 2 such dawakhanas.

12:46 (IST)08 Mar 2020
Telangana: Rs 100 crore is allocated for literacy programmes

Rs 100 crore is allocated for literacy programme under "each one teach one", while Rs 2650 crore allocated towards fee reimbursement scheme of students

12:43 (IST)08 Mar 2020
Rs 1723 crore announced for education in Telangana

Rs 10,421 crores allocated towards Primary education and Rs 1723 crore for education department. Rs 800 crore allocated for 38 municipalities under urban mission bhagiratha scheme.

12:41 (IST)08 Mar 2020
Rs 10,000 crore for development in Hyderabad

"In the coming five years, we require Rs 50,000 crore for development works in Hyderabad. Rs 10,000 crore is allocated to development works in Hyderabad and surroundings, and for implementation of Musi riverfront project and clean the river," the FM announced, 

12:30 (IST)08 Mar 2020
Rs 6 lakh ex gratia for toddy tappers who die in accidents on duty

While Rs 6 lakh ex gratia announced for toddy tappers who die in accidents while at work, Rs 4,356 crore was set aside for BC welfare funds

12:23 (IST)08 Mar 2020
Telangana Budget: Rs 14,800 crore allocated for municipal administration department

Rs 14,800 crore allocated for municipal administration department and Rs 1,350 crore for Kalyana Lakshmi scheme

12:22 (IST)08 Mar 2020
Rs 11,054 crore allocated for completing pending irrigation projects

Telangana finance minister allocates Rs 11,054 crore for completing pending irrigation projects

12:20 (IST)08 Mar 2020
Rs 1,518 crore for minority development

For minority development and welfare, the government has set aside Rs 1,518 crore

12:19 (IST)08 Mar 2020
Telangana: No electricity bill for SC/STs upto 101 power units

SC/St households that consume power up to 101 units will no longer have to pay any charges. The government announced free electricity till 101 power units for these households

12:18 (IST)08 Mar 2020
Telangana Budget: Special funds for development of SCs/STs

Under special SC development fund, the Finance Minister announced Rs 16,534.97 crore and Rs 9,771 crore under special ST development fund.  

The budget session of Telangana Assembly and Council began on Friday. The Telangana State Assembly would pass a resolution against Citizenship Amendment Act (CAA), National Population Register (NPR) and National Register of Citizens (NRC) in the ongoing Budget session.

Telangana Chief Minister K Chandrasekhar Rao said the estimated gross state domestic product (GSDP) of the state for 2020-21 is Rs 9.5 lakh crore. The GSDP, he said, has already crossed Rs 8.66 lakh crore in the current financial year whereas it was Rs 4 lakh crore when the State was formed in 2014.

The budget session of Telangana Assembly and Council began on Friday. Assembly will be in recess on Monday and Tuesday and the session is likely to extend till March 20.