Telangana Financial budget proposes 1, 15,689 crores expenditure

Finance Minister Etela Rajender on Wednesday presented the first full-fledged Telangana budget for 2015-16 and put forth the target that the state Government wished to accomplish. Etela Rajender proposed an expenditure of Rs.1, 15,689 crore for the financial year 2015-16.

Proposing focus on irrigation, Mission Kakatiya, benefits for poor and downtrodden he allocated 25 percent of the amount on salaries and pensions; 53, 600 Crore to ST Sub Plan; 11, 126 Crore to Education; 88, 900 Crore to SC-Sub Plan and 4, 250 Crores to loan waiver scheme presented in TRS election manifesto.

Major priority was given to electricity and agriculture in Etela Rajender’s financial budget.