Decline of Telangana budget is a result of present economic slowdown: KCR
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Decline of Telangana budget is a result of present economic slowdown: KCR

By The Hindu calender  10-Sep-2019

Decline of Telangana budget is a result of present economic slowdown: KCR

  • The impact of economic recession in the country over the state, can be seen by going through the Telangana budget 2019-20 which declined to ₹1,46,492.30 crore from ₹1,82,017 crore.
  • While presenting the budget, CM KCR mentioned that with the budget of ₹1,46,492.30 crore, revenue expenditure is ₹1,11,055.84 crore and capital expenditure is ₹17,274.67 crore.
Also read:Inspite of economic crises, all promises to be fulfilled: KCR
  • CM assured that government will provide more funds for agriculture and welfare sectors.
  • Present budget is framed according to the revenue surplus and fiscal deficit which is of ₹2,044.88 crore and ₹24,081.74 crore respectively.
  • Govt plans to raise it’s funds through the sale of government lands.

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