The initial entirely completed Budget of Telangana is set to undergo few alterations relying on the financial support the Centre will grant to the states in the backdrop of Niti Aayog replacing the Planning Commission. CM K. Chandrasekhar Rao anticipates more clearness on Central government schemes and programmes, exceptionally grants to states under various sectors once the Central Budget proposals are out on February 28.
KCR has requested finance minister Etala Rajender to proceed with the preparation of the state budget that should be flexible to modifications in accordance with the Union budget. The state budget will be introduced in the Assembly on March 11.
Sources told that KCR had told top authorities that the Modi government at the Centre was judging the 2015-2016 Budget as a transit budget and the coming budget, for 2016-2017, would be a fully fledged one.
Stating that Mr Modi was planning qualitative modifications in governance through Niti Aayog and was undertaking to reduce centrally sponsored policies from the present 122 to 66 or totally cancel all the policies, he said clarity would emerge only on February 28 when the Central budget was presented.
