The Congress government in Telangana will present its first budget in the Assembly. Deputy CM and Finance Minister Mallu Bhatti Vikramarka and Minister Sridhar Babu will introduce the budget at 12 noon.
CM Revanth Reddy aims to provide good news to every assembly constituency in the state through this budget. The budget will allocate ₹10 crore for infrastructure development in each assembly constituency, totaling ₹1,190 crore for all 119 constituencies. This is expected to boost overall development in the state and gain acceptance from the people.
Funds will also be allocated for education and drinking water facilities. The budget is estimated to be around ₹2.60 lakh crore to ₹2.70 lakh crore, which is 10% less than the previous budget. Although not all promises can be fulfilled in the first year, progress will be made on some of them.
There is a possibility of allocating over ₹3,000 crore for free bus travel for women, but providing free electricity up to 200 units may be a burden, costing over ₹4,000 crore for electricity distribution companies.
Funds will also be allocated for providing gas cylinders and the Kalyanamastu scheme. Precautions have been taken to ensure that 100% of the proposed budget is spent.
