In the United Andhra Pradesh, People of Telangana witnessed darkness in their lives said the Telangana Finance Minister Mr. Eetala Rajendar. He introduced the state budget for 2017-18. He said that the government will work only for the benefit of the people and will not let down their confidence that they had put in the TRS Government. Mr. Rajender thanked CM KCR for giving the opportunity of introducing the budget for the fourth time.
In order to a speedy recovery in the states revenue system, the Government had taken many steps, added Mr. Rajendar. Telangana records a income rate of 19.61 percent and stands first in the country. Though demonetization had an impact on the revenue system, Government had taken measures to collect taxes from other sources said Eetala. The overall budget allocated for the financial year of 2017- 2018 is Rs.1,49,446 crore.
Budget Highlights
For Developmental Work: Rs 88038 crore
For Administration: Rs 61607 crore
Allocation for Education: Rs 12705 crore
For Irrigation: Rs 20000 crore
For agriculture: Rs 5942 crore
For Power Sector: 4203 crore
For Urban Development: Rs 5599 crore
For Industrial development: Rs 985 crore
Mission Bhagiratha: Rs 3000 crore
For Health Sector: Rs 5976 crore
For fees reimbursement: Rs 1339 crore.
For Minority Welfare: Rs 1249 crore
For BC welfare: Rs 5070 crore
For SC Welfare: Rs 14375 crore
For ST Welfare: Rs 8165 crore
For handloom sector: Rs 1200 crore
For Women and Child Welfare: Rs 1731 crore
Brahmin Welfare: Rs 100 crore
For Journalist welfare: Rs 30 crore
For Musi River Front Development: Rs 350 crore
