HYDERABAD: The Telangana government on Wednesday presented the 2025-26 budget with an estimate of ₹3,04,965 crore.
Deputy Chief Minister Mallu Bhatti Vikramarka, who is also the Finance Minister, presented the 2025-26 budget in the State Legislative Assembly. Of this, the proposed revenue expenditure is ₹2,26,982 crore, and capital expenditure is ₹36,504 crore.
In his budget speech, he said the government is firmly committed to achieving the long-term development goals of Telangana.
Under the leadership of Chief Minister A Revanth Reddy and the 'Telangana Rising 2050' vision, policies and programmes are being shaped to drive sustainable progress. The strategic roadmap for the next decade envisions a fivefold expansion of the current USD 200 billion state economy into a trillion-dollar economy, he added.
He stated that Telangana's economy continues to achieve steady growth, effectively navigating the rapid changes in the global economic landscape.
In the financial year 2024-25, Telangana’s Gross State Domestic Product (GSDP) at current prices stands at ₹16,12,579 crore, registering a growth rate of 10.1 percent compared to the previous year. During the same period, India's GDP was ₹3,31,03,215 crore, with a growth rate of 9.9 percent.
He said: “In 2024-25, Telangana's Gross State Value Added (GSVA) is primarily driven by the service sector, which contributes 66.3 percent, followed by the agriculture and allied sectors at 17.3 percent, and the industrial sector at 16.4 percent.”
Meanwhile, the Deputy Chief Minister alleged that in the ten years since Telangana’s formation, the issuance of new ration cards was largely neglected. Despite many poor families eagerly waiting, the previous government failed to address their needs and did not include new family members in the existing ration cards, he added.
He said that students in Young India Integrated Residential Schools will be provided with accommodation, meals, uniforms, notebooks, textbooks, and all other essential items free of cost.
In addition to the regular curriculum, special training will be provided to prepare them for competitive exams like IIT-JEE, NEET, and other entrance exams, he announced.
The Deputy Chief Minister announced that the government has decided to establish Dr BR Ambedkar Knowledge Centres in 119 assembly constituencies across the state. He explained that through these centres, economically backward youth from rural areas will have the opportunity to receive free coaching for Group-1, Group-2, and other competitive exams.
Meanwhile, he made it clear that the plans presented in this budget are not merely financial allocations but serve as roadmaps for equitable development, economic stability, and social justice. He stated that the government is dedicated to advancing progress through a comprehensive approach integrating social justice, development, and welfare.
In Budget 2025-26, the state government has allocated ₹24,439 crore for the Agriculture Department.