Sunday, October 1, 2023
More
    HomeTelanganaTask cut out for Chief Advisor Somesh Kumar in Hyderabad

    Task cut out for Chief Advisor Somesh Kumar in Hyderabad

    Related stories

    Five-year-old boy abducted in Falaknuma, Hyderabad

    A five-year-old boy named Ayan was kidnapped in Falaknuma...

    KTR Commends NTR as He Inaugurates Municipal Park at Lakaram Tank Bund in Khammam

    Telangana state IT and Industries Minister, KTR, recently expressed...

    Asad initiates development works with foundation stone laying

    AIMIM chief and Hyderabad MP Asaduddin Owaisi laid the...
    - Advertisement -

    The new Chief Advisor of the Chief Minister of Hyderabad, Somesh Kumar, has been given the important job of managing the state government’s finances during an important election year. The government is struggling to find enough money to implement ongoing schemes and pay monthly salaries and pensions to beneficiaries. The Chief Minister has instructed Kumar to come up with a plan to manage existing funds and find additional money to meet requirements from this month. This is especially important as the state is already facing financial difficulties and cannot pay salaries on time.

    Kumar has a lot of experience managing state finances, having been the former Chief Secretary of the state from 2019 until January of this year. He has also successfully met revenue requirements in the past and made important decisions to increase revenues and prevent mismanagement of funds at the district level. Going forward, Kumar will make proposals on increasing revenues and fund requirements every month and submit them to the Chief Minister for approval.

    - Advertisement -

    The Chief Advisor’s main task is to ensure that the government can run smoothly and implement all schemes without any financial problems until the elections are over. This is especially important as the state is bracing for assembly elections in October or November this year. The Chief Advisor will work closely with revenue-generating wings and finalize action plans to meet revenue targets. If things are not set in the right direction from May, the current financial situation may worsen.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here