Telangana Budget 2016-17 Highlights Telangana Finance Minister Etala Rajender on Monday unveiled State Budget 2016-17 with an outlay of Rs.1.30 lakh crore. The Plan Expenditure is put at Rs. 67,630 crore, while the Non-Plan Expenditure stands at Rs. 62,785 crore.
Presenting the budget in the Assembly on Monday, Etela said he is allocating Rs. 25,000 crore for irrigation sector. The Budget estimates for 2016-17 indicates a revenue surplus of Rs. 3,718 crore. The fiscal deficit is at Rs. 23,467 crore or 3.5 per cent of the GSDP.
Rajender termed the budget as a step towards fulfilling the dream of `Bangaru (golden) Telangana`. He said the budget was in tune with the aspirations of the people
Here are the major allocations in the annual budget:
Total budgetary outlay Rs 1,30,415 crore.
Planned expenditure is to a tune of Rs 67000 crore
non-planned expenditure Rs 620000 crore
The total fiscal deficit Rs 23, 467 crore.
Irrigation projects - Rs 25000 crore
Mission Bhagiratha - Rs 40000 crore
Health sector - Rs 5967 crore
Education sector - Rs 1694 crore of planned expenditure and Rs 9044
crore of planned expenditure
Roads and Buildings - Rs 3333 crore
Panchayat Raj and Rural Development - Rs 10731 crore
Urban Development - Rs 4815 crore
Industries - Rs 967 crore
IT and Communications - Rs 254 crore
Special Develpment Fund - Rs 4675 crore
SC welfare - Rs 7122 crore
ST welfare - Rs 3552 crore
BC welfare - Rs 2538 crore
Aasara pensions - Rs 4693 crore
Kalyana Lakshmi scheme - Rs 738 crore
Women and Child Welfare - Rs 1553 crore
Brahmin Welfare Corporation - Rs 100 crore
News Posted: 14 March, 2016
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