Telangana government presents budget of more than 2 lakh crores, most emphasis on agriculture sector

Hyderabad / PV Ramana Kumar. Giving priority to the agriculture sector, Telangana Finance Minister T Harish Rao proposed a budget of Rs 2,30,825 crore for the financial year 2021-22. With a direct allocation of Rs 25000 crore to the Department of Agriculture, the government proposed Rs 14800 crore for the financial aid scheme Ritu Bandhu. As per the TRS election promise in the 2018 elections, the government proposed Rs 5,225 crore for farm loan waiver and Rs 16,931 crore for irrigation projects.

In the budget, Rs 1200 crore has been proposed for farmer insurance, Rs 1500 crore for mechanization of agriculture and Rs 400 crore for comprehensive land survey. Meanwhile, important allocations for agriculture related areas were also proposed in the budget such as Rs 1730 crore to the Department of Animal Husbandry and Rs 300 crore to the Sheep Distribution Scheme.

Finance Minister Harish Rao presented the budget in the Legislative Assembly on Thursday with an estimated revenue of Rs 1,69,383.44 crore, with fiscal deficit estimated at Rs 45,509.60 crore, capital expenditure Rs 29,046.77 crore, investment cost Rs 29,046.77 crore and revenue surplus 6,743. Crores is Rs. Harish Rao said in his budget speech, “The government fulfills the aspirations of the people. We are progressing by overcoming problems and challenges.”

Highlights of budget allocation:Panchayati Raj, Rural Development Department – Rs 29,271 crore.
CM Dalit Empowerment – Rs.1000 Crore.
1500 crores for agricultural mechanization.
-Rayatu Bandhu Scheme – Rs. 14,800 crore.
-Kisan loan waiver -Rs 5,225 crore.
– Farmers Insurance Scheme – Rs. 1200 crores.

– Agriculture – Rs 25000 crores.
– Mechanization of agriculture – 1500 crores.
– Animal Husbandry – Rs 1,730 crore.
– Sheep Distribution – Rs 300 Crore.
– Irrigation Department – 16,931 crores.
– Comprehensive Land Survey – 400 crores rupees.
– Old age and shelter pension – Rs 11,728 crore.
– Kalyan Laxmi, Happy Marriage – 2750 crores.
– Special Development Fund for ST – Rs 12304 crore.
– Weaver Development – 338 crores.
-BC Corporation – 1000 Crore.
-School education-1135 million.
– Higher education – 1873 crores.
– 4000 crores for the upliftment of education.
2000 crore for modernization of government schools.
Musi River Development – 200 crores.
-Metro Rail – 1000 Crore.
– Water supply outside Outer Ring Road – 250 crores.
– Urban Development – 500 crores.
– Khammam Municipal Corporation – 150 crores.
-TSRTC -3000 Crore
– Forest Department – 1276 crores
– Civil Supplies – 2363 crores.
-610 crores for the construction of new secretariat.
– Land acquisition for regional ring road – 750 crores.
– Legislative Constituency Development Fund – 800 crores.
-11000 crores for the construction of double bedroom houses.
– Revenue Department – 720 crores.
– Gram Panchayat and Palle Pragati – 5761 crores.
– For the welfare of car breakers – 25 crores.
Minority Welfare – 1600 crores.
-20 crores for the construction of women’s restrooms in the police station.
Construction of women’s toilet in the university – 10 crores.
Interest free loan for self-help groups – 3000 crores.
– Women and Child Welfare – 1702 crores.
– Cremation Construction (Vaikunthadham) – 200 crores.
– Supply of drinking water – 250 crores.
-Sensual Drinking Water Project-725 Crore.
– Industry Development – 3077 crores.
-IT Sector-360 Crore.
– Roads and Buildings – 8788 crores.
– Panchayati Raj Road – 300 crores.
– Ministry of Home Affairs – 6465 crores.
– Police Department – 725 crores.
– 400 crores for 21 new ROBs and ROBs in the state.
-New Airport – 100 Crore.
– Tourism – 726 crores.

Legislative Affairs and Roads and Buildings Minister Vemula Prashanth Reddy presented the budget in the Legislative Council. After the budget speech of the ministers, both the houses were adjourned till Saturday.

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