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Budget

Budget
Highlights

The one lakh crore budget of the Telangana State is all set to give a major fillip to the city. The ambitious first budget of the Telangana State after the division has given the much needed impetus to sectors which are in dire need of major funds.

Takes care of Hyderabad’s needs like,Water, roads, health, art & culture, education get sufficient funds. Protection and restoration of lakes get a big boost

  • Govt hospitals get major funding
  • Telangana Kala Bhavan to come up near Indira Park
  • Green house farming to be promoted in 1,000 acres around the city
  • Water grid to solve perennial drinking water woes

Minister Etela Rajender presented  the first T-budget on WednesdayThe one lakh crore budget of the Telangana State is all set to give a major fillip to the city. The ambitious first budget of the Telangana State after the division has given the much needed impetus to sectors which are in dire need of major funds. Water, roads, health, art and culture and education are the sectors which will receive sufficient funds.

With an allocation of Rs 2,000 crore for water grid, one can hope that the city’s perennial water woes might come to an end. However, it will be interesting to see whether the proposal for Krishna Phase IV, which was recently put forward, will see the light of day.

The health sector too got a major impetus. Gandhi and Osmania General Hospital were given Rs 100 crore each. Maternity Hospital, Niloufer and King Koti Hospital got Rs 50, 30 and 25 crore funding respectively. Experts in the health sectors say that this funding will help the hospitals realise its long pending infrastructure proposals.

The cries of people and NGOs have reached the government and Rs 2,000 crore has been allocated to protect and restore 9,000 lakes in the State. It is a known fact that a few lakes have vanished and all the other lakes have been encroached badly. The funding gives the revenue department and the HMDA a major boost to finalise the Full Tank Level (FTL) and buffer limits of the lakes and even barricade the lakes to prevent further encroachments. However, it is not clear whether the longstanding Musi River Restoration Project will be undertaken.

The government plans to link research institutes and industries in and around the city under the umbrella of Research and Innovation Circle of Hyderabad (RICH). Much was expected from the government to promote growth of industry in the city with ITIR but only Rs 90 crore was allotted for ITIR projects. Apart from this, Rs 10 crore was allotted for women’s safety in the city.

It would be interesting to monitor the progress of the government’s decision to promote green house farming in 1,000 acres around the city to cultivate exotic and unseasonal vegetables at a cost of Rs 200 crore. The government also came forward to extend 75 per cent subsidy to set up green houses.

Art and culture scene in the city has seen a major boost ever since the formation of the new State. There is a proposal to construct a new multicultural centre like the one in Bhopal to groom and promote ethnic art forms of the State. The government will be constructing the Telangana Kala Bhavan in 11 acres near Indira Park at a cost of Rs 15 crore.

Finance minister E Rajender tabling the budget on Wednesday

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