Confusion on Telangana Budget Allocation

CM-KCRHyderabad: The governments first full fledged Budget (2015-16), which will be presented in the Assembly next week. The TRS government will go for a “realistic budget” or stick to the grandiose ‘Rs 1 lakh crore budget”.

However, the government has hardly been able to spend 30% of it so far even as the march 31 may be its deadline. And the proposals over Rs 3 lakh crore this time, said KCR.

“TS water Grid and mission Kakatiya require Rs 25,000 crore and Rs 40,000 crore respectively over five years. The CM is working out options”, said Etela Rajender.And NAC executive body meetings also conducting at the Secretariat for the convenience of the CM.

“TS water Grid and Mission Kakatiya is the flagship programmes of the TRS government. We have expected 50% funding from the centre for these schemes in the recent union Budget but it did not happen. The government wants to ensure adequate funds for both these schemes to see that they meet deadlines, which require Rs 25,000 crore and Rs 40,000 crore respectively over a period of five years, The CM is working out various options over meeting the funds as part of Budget exercise”, said Etela Rajender.

Medaram Jathara

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