HYDERABAD: The state government will implement the revised market value of lands (registration prices) across the state with effect from May 28. This was disclosed at a Cabinet sub-committee on resource mobilisation under the chairmanship of Deputy Chief Minister Mallu Bhatti Vikramarka at the Secretariat on Friday. According to officials, the move is expected to significantly increase the revenue of the Registration department.
Stressing that resource mobilisation should align with the proposed budget estimates for the financial year 2026–27, Vikramarka instructed officials to completely plug leakages and fully tap all available revenue sources to achieve the budget targets.
He directed officials of all departments to focus on mobilising additional revenue sources in line with the budget requirements for the current financial year.
Irrigation Minister N Uttam Kumar Reddy and IT & Industries Minister D Sridhar Babu, who are also members of the committee, attended the meeting.
‘Curb all illegal activities causing loss to exchequer’
During the meeting, the ministers and officials discussed in detail ways to explore additional revenue avenues in the state and reviewed the progress being made by various departments. Vikramarka further directed all departments to work towards enhancing revenues strictly as per the pre-defined timeline. Stressing the importance of the weekly review, he stated that senior officials from all departments should attend the meeting every Friday. In case of unavoidable circumstances, they should participate through video conference, he said.
Uttam Kumar Reddy, meanwhile, directed officials to take strict action to curb illegal activities that are causing losses to the state exchequer.
They also stated that the ‘HILT Policy Guidelines’ related to the Industries department have been finalised and the corresponding orders will be issued very soon.
The ministers guided officials on current resource mobilisation activities and future revenue targets across key departments, including Municipal Administration & Urban Development, Hyderabad Metropolitan Development Authority, Industries, Registrations, Mining, Revenue and Transport.