Telangana Deputy Chief Minister and Finance Ministry In-charge Mallu Bhatti Vikramarka presented the budget of Rs 2.91 Lakh Crore in the assembly.
The government proposed a revenue expenditure of Rs 2.21 lakh crore and a capital expenditure of Rs 33,487 crore.
The estimated revenue includes Rs 1,38,181.26 crore from own revenue, Rs 35,208.44 crore from non-tax revenue, and Rs 26,216.38 crore from tax revenue.
In the budget, Rs 10,000 crore has been allocated for Hyderabad’s development.
Telangana’s Gross State Domestic Product (GSDP) for 2023-24 stands at Rs 14,63,963 crore.
The Gross State Domestic Product (GSDP) for 2023-24 registered an 11.9 per cent increase over the previous year.
The state’s growth rate of 7.4 per cent is behind the national average of 7.6 per cent.
72 thousand 659 crore rupees has been allocated to the Agriculture sector.
Fiscal Deficit of Telangana remained Rs 49,255.41 crore.
