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Telangana State Budget 2017 Highlights

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Telangana State Finance Minister Etela Rajender on Monday presented a Rs 4,471.30 crore revenue surplus budget for 2017-18 with an expenditure outlay of Rs 1,49,646 crore. The committed expenditure from the budget outlay has been pegged at Rs 61,607.20 crore while expenditure under Pragati Paddu (expenditure on schemes) is Rs 88,038.80 crore. Presenting his fourth Budget, the Finance Minister said the State is projected to achieve a Gross State Domestic Product (GSDP) growth of over 10.1 per cent during the current fiscal.

Telangana Budget 2017 Highlights

Have a look at the highlights : Total Budget – Rs 1,49,646 crore

  • Planned Expenditure: Rs 61,607.20 crore
  • Revenue Expenditure: Rs 50,954.61 crore
  • Revenue Suplus: Rs 4,571.30 crore
  • Fiscal Deficit: Rs 26,096.31 crore
  • Telangana Growth Rate: 19.61 Percent.

Likely to achieved Gross State Domestic Project (GSDP) growth of Rs 10.1 percent in the current financial year. Budget 2016-17 Total Expenditure pegged at Rs 1,12,191.07 crore (86.02% of Rs 1,30,000 crore)

Allocations

  • Expenditure of various schemes implemented by Government stood at Rs 88,038.80 crore
  • Rs 23,675 crore for Irrigation alone
  • Rs 14,723 crore for Panchayat Raj
  • Rs 12,705 crore for Education
  • Rs 5,943 crore for Agriculture
  • Rs 5,976 crore for Health
  • Rs 5,033 crore for Roads
  • Rs 4,203 crore for Power
  • Rs 4,000 for 4th & Final Settlement to Banks as part of Farm Loan Waiver (Rs 17,000 crore)
  • Rs 3,000 crore for Mission Bhagiratha
  • Rs 300 crore for Warangal Municipal Corporation which is the 2nd Biggest City in Telangana
  • Rs 252.89 crore for Information Technology

SC, ST Welfare Funds which remained unspent will be carried forward to the financial year 2017-18. Allocation of funds for SC, ST Welfare based on population ratio. Nothing to worry though power demand in the state has risen to 10,000 MW

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