KCR reiterates need for fiscal discipline
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KCR reiterates need for fiscal discipline

By Telangana Today calender  28-Aug-2019

KCR reiterates need for fiscal discipline

Chief Minister K Chandrashekhar Rao on Tuesday called for strict discipline at every stage of planning the State’s budget to make the best use of the financial resources of the State.
On the second day of meetings with senior officials at Pragati Bhavan on budget preparation, the Chief Minister reiterated the importance of fiscal discipline at every step of budget planning and expenditure in the light of the current economic slowdown in the country.
To ensure that everyone understands and follows the principles of financial discipline and measures, the Chief Minister will soon hold a meeting with his Cabinet colleagues and senior government officials to explain the current financial situation and the precautions to be taken on the expenditure front. This meeting will be held before the government presents the budget in the Legislative Assembly next month, according to a release from the Chief Minister’s Office.

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