New budget to be up

telangana-new-logoBudget for the next financial year is likely to be raised in the light
of new welfare schemes taken up by the ruling party. Government has
already begun the process of unveiling a new budget and the finance ministry has already has asked all the departments to send their proposals at the earliest. Finance Minister Eetela Rajender will discuss the allocations with the ministers and officers concerned
after the proposals are received. Higher allocations to flagship programme Grama Jyothi, Water Grid, KG to PG scheme and vital irrigation projects among others are likely to be made. The quota of States on taxes has risen to 42 percent, according to 14th Finance
Commission recommendations but Central funds for TS has been reduced
and the government has to depend on income sources. Officers said that
there is need to stress on plan expenditure proposals.

Medaram Jathara

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