New Budget for Telangana

Q: Helo everyone. Does anyone know about the new budget for the present fiscal year for the Telangana state?

Ramya Janagam, Hyderabad

12th March 2015

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Replies (12)

Recently formed Telangana Government has revealed their Rs. 115689 crore budget. The Government has attempted to distribute funds in all aspects of state works, including the reviving of real estate market in Hyderabad. They have concentrated on developing infrastructure in the region or we can say that govt. is trying to attain a socio-economic development across the state which in turn will seek to bring a positive impact on the existing real estate markets in the city. You can some detail about the allocation of funds in a website that I also came across. Please refer to:

propertyclubindia/What the Telangana budget means for Hyderabad Real Estate?

deva, Gurgaon

6th April 2015

Comment

The estimated tax devolution to the state is only Rs 12,823 crore in 2015-16. The Centre has drastically reduced plan grants to the state from Rs 3,14,814 crore in BE 2014-15 to Rs 1,80,293 crore in BE 2015-16

Manjunath Gupta, Hyderabad

22nd March 2015

Comment

The budget proposed an allocation of Rs 2,172 crore for welfare of backward classes, Rs 1,105 crore for minorities, Rs 2,878 crore for tribal welfare and Rs 8,089 crore and Rs 5,036 crore for SC and ST Sub-Plans

Krishna Rao, Hyderabad

21st March 2015

Comment

the state government had recently announced a wage hike with a fitment of 43 per cent to the employees, the amount needed under salaries and pensions is Rs 22,889 crore during 2015-16.

Pradeep naidu, Hyderabad

21st March 2015

Comment

The total provision for agriculture and allied sectors in the budget for 2015-16 is Rs 8,432 crore. The budget noted that the increase in non-plan expenditure as compared with 2014-15 is mainly on account of increased pay and allowances of government employees.

Tarakaram, Hyderabad

19th March 2015

Comment

Rs 4,250 crore has been released for the farmers debt relief so far, the Finance minister announced an additional relief package of Rs 4,250 crore for farmers. The total provision for agriculture and allied sectors in the budget for 2015-16 is Rs 8,432 crore. The budget noted that the increase in non-plan expenditure as compared with 2014-15 is mainly on account of increased pay and allowances of government employees.

Sridhar, Hyderabad

18th March 2015

Comment

Budget of Rs 4,980 crore was made for road upgradation and maintenance under Roads and Buildings department. An amount of Rs 2,421 crore has been proposed for Panchayat Raj roads in thevillages and towns

Dhananjay, Hyderabad

17th March 2015

Comment

Civic bodies like Greater Hyderabad Municipal Corporation (GHMC), Hyderabad Metro Rail (HMR), Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) have received Rs 526 crore, Rs 416 crore and Rs 1,000 crore, in the budget

Gireesh Hegde, Hyderabad

16th March 2015

Comment

The proposed allocation for education sector is Rs 11,216 crore, Rs 8,500 crore for irrigation including major, medium, minor irrigation projects, Rs 2,083 crore for Mission Kakatiya which is the development of tanks in the city, and Rs 4,000 crore for water grid.

Shiva Kuchibhottlla, Hyderabad

15th March 2015

Comment

The fiscal deficit is estimated at Rs 16,969 crore. Sectors of education, irrigation, medical and health services, 'Mission Kakatiya' (revival of tanks), energy, water grid, agriculture, welfare of SCs, STs, minorities, road upgradation, administration of Hyderabad, including metro rail; have received major allocations in budget estimates for 2015-16.

Ramakrishna, Hyderabad

14th March 2015

Comment

The estimated revenue surplus in the Budget presented by state Finance Minister is Rs 531 crore. The plan expenditure was proposed at Rs 52,383 crore and the good thing is that no fresh taxes have been imposed by the government on the public.

Abdul Zafar, Hyderabad

13th March 2015

Comment

Hey there is a new budget for the Telangana state that was released recently. Telangana government proposed a total expenditure of Rs 1,15,689 crore, including non-plan expenditure of Rs 63,306 crore for 2015-16.

Kamat Reddy, Hyderabad

12th March 2015

Comment