Telangana Budget: Revanth Reddy-led govt proposes to spend Rs 53,196 cr for 6 poll guarantees

The newly elected Congress government presented its budget with an outlay of Rs 2.75 lakh crore for the financial year 2024-25. Within the Budget, Deputy Chief Minister Mallu Bhatti Vikramarka allocated Rs 2.01 lakh crore for revenue expenditure and Rs 29,669 crore for capital expenditure.

The Revanth Reddy-led government proposed to spend Rs 53,196 crore, about one-fourth of the total revenue expenditure, for implementing six key guarantees. The Government has started the implementation of free bus travel for women with a monthly expenditure of Rs 300 crore and also doubled the coverage under Arogya Sri to Rs 10 lakh from Rs 5 lakh.

For Gruha Jyoti, which proposes to offer a free power supply of up to 200 units to all eligible households, the government has made a provision of Rs 2,418 crore in the budget. The total allocation to Transco and distribution companies, which implement 24-hour free power supply to farmers, now stands at Rs 16,825 crore.

The interim budget, which is the first for the new Congress government after assuming office in December 2023, allocated Rs 19,746 crores for agriculture and Rs 28,024 crores for irrigation.

The Panchayat Raj and Rural Development department got lRs 40,800 crore and Rs 21,874 crore, respectively. About Rs 13,313 crore was earmarked for the Scheduled Caste and Scheduled Tribes Welfare. Similarly, Rs 8,000 crore was allocated to the Backward Classes Welfare and another Rs 2,262 crore for Minorities Welfare.