Annual Budget For 2015-16 Fails to Impress

Eatala-RajenderWarangal: The annual budget for 2015-16 presented in the Telangana state Assembly by finance minister Eatala Rajender.The leaders of political parties,intellectuals,student activists and employees have expressed displeasure over the budget allocations and called it as ‘pro-rich and anti-people budget’.
Nearly 70% of the population in the state was below poverty line. The specific plan of action to tackle it. Average of literacy rate was 74%.Whereas the state had just 58% of literacy rate. Yet, the government had not proposed measures to address the problem, he said.
“It seems the state government was seriously lacking priorities in the allocation of funds. It is proved by lump sum allocation of funds for pending irrigation projects. No emphasis on completion of Sriram Sagar, Devedula and Kanthanapelli irrigation projects”, Vasudeva Reddy added.
Allocation of funds to Osmania University and other universities would not help their progress. There was no plan of action to fill up vacancies in the universities.
Excess stress on industries and negligence of agriculture sector was not good as the number of people depend on agriculture for their livelihood were more in comparison to industrial sector, he noted
There was an imbalance in allocation to health and education sectors and allocation of Rs 2,083 crore to Mission Kakatiya might not be sufficient to achieve the goals, he added.
The leaders averred that the proposal to development an industrial corridor between Warangal and Hyderabad would only help the industrialists and real estate business. Non allocation of funds for Kaloji Health University and the proposed Textile Hub was grave injustice to Warangal

Medaram Jathara

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