(Image source from: Telugu.oneindia.com)

Telangana Chief KCR Announces Budget Of The Year:- Telangana Chief Minister KCR presented the state's budget for the financial year 2019-20 today. The budget is estimated to be Rs 1,82,017 crores. Telangana government proposed to spend Rs 32,815 crores on capital expenditure and the revenue expenditure is said to be Rs 1,31,629 crores. The revenue surplus is expected to be Rs 6564 crores and fiscal deficit is said to be Rs 27.749 crores. KCR revealed that his focus would be on farmers and has a special care for pension schemes. Here are the allocations:

Total Outlay – Rs 1,82,017 cr

Revenue Expenditure – Rs 1,31,629 cr

Capital Expenditure – Rs 32,815 cr

Revenue Surplus – 6,564 cr

Fiscal deficit (@2.81% of SGSDP) – Rs 27,749 cr

Allocations:

Agriculture Department – Rs 20,017 cr

Irrigation Department – Rs 11,500cr

Farm loan waiver – Rs 6000 cr

Aasara pensions – Rs 12,065 cr

Rythu Bhima – Rs 650 cr

Rythu Bandhu Rs – Rs 12,000 cr

Unemployment allowance – Rs 1,810 cr

SC welfare Rs 16,581 cr

ST welfare Rs 9,827 cr

Minorities’ welfare Rs 2,004 cr

MBC Corporation Rs 1,000 cr

(Video Source: NTV Telugu)