The share of development expenditure in total expenditure in the 2017-20 period for Telangana is 77.4 per cent, the highest among general States in the country.
The Telangana state budget 2022-23 promises great infrastructural development for the state, and also equally focuses on healthcare, security and agriculture.
Finance Minister Harish also announced that crop loan waiver for loans limited to Rs 50,000 would be waived-off by the end of March.
Industry experts have hailed the State Budget for focusing on sectors such as agriculture, irrigation, education, rural development and measures taken under social welfare initiatives.
This accounts for three per cent of the total Rs 2,56,958.51 crore allocations for the year 2022-23.
Across the State, the construction of integrated vegetable and meat markets are going on at a brisk pace.
Finance Minister in his Budget presentation said that the State government continues to lay special emphasis on Minority Residential Schools, for which 54 school buildings are under construction.
In the last budget, Rs 12,304 crore was set aside, which was 9.74 per cent of the total outlay of Rs 1,26,272.59 crore for schemes for development expenditure last year.
The Governor’s remarks came close on the heels of the State government denying her the privilege of addressing the Budget Session of the Assembly.
For each Assembly segment, 3,000 houses will be constructed. With this, 3,57,000 houses will be taken up in the MLA Assembly segments.
Enumerating injustices done by the Modi government, Harish Rao recalled seven mandals of the State were transferred to Andhra Pradesh.
The three MLAs, T Raja Singh, M Raghunandan Rao and Etela Rajender were suspended for rest of the session.
He strongly condemned the way the MLAs were arrested when they tried to protest outside the assembly, after their suspension.
Major portion is allotted for the construction of medical colleges, super-speciality hospitals, this is also the highest ever allocation for the Health Department since the formation of Telangana.
The State government on Monday earmarked around Rs 3,500 crore towards the salaries for the employees who are to be recruited shortly.
Finance Minister T Harish Rao said the government believes that women must also be at the forefront in higher education.
According to the Budget estimates, the total debt will be Rs 3,29,988 crore, which is 25 per cent of the State’s GSDP.
"This calendar year, we are going to start eight new medical colleges at Asifabad, Bhupalpally, Vikarabad, Sircilla, Jangaon, Kamareddy, Karimnagar and Khammam,” announced Harish Rao
To strengthen security and surveillance mechanisms, 8.8 lakh CCTV cameras have been installed all over the state, which is the highest in the country, said the state finance minister
Telangana Finance Minister presents Rs 2,56,958.51 crore state Budget, allocates Rs 17,700 crore for 'Dalit Bandhu'
Of the total expenditure proposed, revenue expenditure will be Rs 1,89,274.82 crore and capital expenditure will be Rs 29,728.44 crore.