The Telangana government has presented its budget for the fiscal year 2024-25, amounting to ₹2,91,191 crore. This diverse budget highlight important allocations to various sectors and welfare schemes to ensure balanced and inclusive development across the state.

Budget Overview

  • Total Budget: ₹2,91,191 crore
  • Revenue Expenditure: ₹2,01,178 crore
  • Capital Expenditure: ₹33,487 crore
  • Total Revenues: ₹2,90,814 crore, including Open Market Loans of over ₹57,000 crore

Sector Allocations

The budget has made large providing for critical sectors, reflecting the government’s commitment to the overall development of Telangana:

  • Agriculture and Allied Sectors: ₹72,659 crore
  • Horticulture: ₹737 crore
  • Animal Husbandry: ₹19,080 crore
  • Mahalakshmi Uchit Ravana: ₹723 crore
  • Griha Jyothi: ₹2,418 crore
  • Public Distribution System: ₹3,836 crore
  • Panchayat Raj: ₹29,816 crore
  • Women Empowerment: ₹50 crore
  • Hyderabad Development: ₹10,000 crore

Specific Allocations for Hyderabad City Development

To enhance the infrastructure and overall development of Hyderabad, the budget includes:

  • GHMC: ₹3,000 crore for infrastructure development
  • HMDA: ₹500 crore for infrastructure development
  • Metro Water Works: ₹3,385 crore
  • Hyderabad Airport Metro Extension: ₹100 crore
  • Outer Ring Road (ORR): ₹200 crore
  • Hyderabad Metro Rail Project: ₹500 crore
  • Metro Expansion in Old City: ₹500 crore
  • Musi Riverfront Development: ₹1,500 crore
  • Regional Ring Road: ₹1,500 crore

Welfare Schemes

The budget allocates substantial funds to various welfare schemes aimed at uplifting marginalized communities and ensuring social justice:

  • BC Welfare: ₹9,200 crore
  • Minority Welfare: ₹3,003 crore
  • SC Welfare: ₹17,000 crore
  • ST Welfare: ₹17,056 crore
  • Women and Child Welfare: ₹2,736 crore

Other Key Allocations

In addition to sector-specific and welfare allocations, the budget addresses critical areas such as health, education, and infrastructure:

  • Health and Medical: ₹11,468 crore
  • Electricity: ₹16,410 crore
  • Forests and Environment: ₹1,064 crore
  • IT: ₹774 crore
  • Irrigation: ₹22,301 crore
  • Education: ₹21,292 crore
  • Home Department: ₹9,564 crore
  • Roads and Buildings (R&B): ₹5,790 crore

Debt Situation

Telangana’s debt at the time of its formation was ₹75,577 crore. As of December this year, this has escalated to ₹6,71,000 crore. The current government has taken steps to manage this debt, repaying ₹42,000 crore in arrears.

Conclusion

The Telangana budget for 2024-25 reflects a comprehensive approach to development, prioritizing agriculture, infrastructure, welfare schemes, and city development, especially for Hyderabad. The government’s efforts aim to address the state’s growing needs while managing debt responsibly, ensuring sustainable growth for the future.

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This budget lays the groundwork for significant improvements across sectors, promising a balanced development trajectory for Telangana.