STOCK MARKET BSE NSE

Telangana govt to create 9.93 Lakh acres of ayacut: Finance Minister T Harish Rao

Finance Minister T Harish Rao on Tuesday informed the Assembly that the government would create an additional 9.93 lakh acres of new ayacut by next Kharif.

Published: 18th September 2019 04:25 AM  |   Last Updated: 18th September 2019 04:25 AM   |  A+A-

Former minister T Harish Rao with uncle and Telangana CM K Chandrasekhar Rao

Telangana Finance Minister T Harish Rao with CM K Chandrasekhar Rao (Photo | Facebook)

By Express News Service

HYDERABAD:  Finance Minister T Harish Rao on Tuesday informed the Assembly that the government would create an additional 9.93 lakh acres of new ayacut by next Kharif. Speaking on behalf of Chief Minister K Chandrasekhar Rao, the minister said that despite the economic slowdown, the State government has allocated Rs 8,356 crore for the irrigation sector in the Budget and has also decided to raise loans to the tune of Rs 12,300 crore this year. He also said that the 14 lakh acres under SRSP would get irrigation water from KLIS by next Rabi.

Responding to Congress member Komatireddy Rajgopal Reddy’s comment that the budgetary allocations for irrigation were “disappointing”, Harish Rao said: “The Congress members thought the government would not spend any money on irrigation due to economic slowdown.

However, the government has allocated sufficient money for the sector in the Budget. Congress also thought the TRS government could not implement the crop loan waiver. But the government allocated Rs 6,000 crore for the same in the Budget.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp