On the 12th, the budget will be debated and the government will take the suggestions and suggestions of the members on the same day. It will answer the doubts expressed by them.. But there is a lot of interest on what level of budget the government will introduce in this short term.
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Telangana Budget 2024: The Congress government led by Revanth Reddy will present the vote on account budget for the year 2024-25 in the Legislative Assembly on Saturday. Deputy Chief Minister and Finance Minister Bhatti Vikramarka will propose this budget when the House starts at 12 noon. IT Minister Duddilla Sridhar Babu will present the budget in the Legislative Council. In this regard, the Council of Ministers of the State has already met at 9 am on Saturday. The budget was approved. As per the rules, the approval of the Cabinet is required before the Budget is introduced in the Legislative Assembly. The state cabinet met on Saturday morning and approved the budget. After introducing the Bhatti Vikramarka budget, the legislative assembly and the legislative council will be adjourned to the 12th.
On the 12th, the budget will be debated and the government will take the suggestions and suggestions of the members on the same day. It will answer the doubts expressed by them.. But there is a lot of interest on what level of budget the government will introduce in this short term. What are the actual revenue returns? What is the share of central taxes? What is the status of grants and contributions? The discussion is going on. It seems that the budget was designed based on these. Chief Minister Revanth Reddy has also announced the same several times. The Finance Department officials have also been given instructions in this regard. It seems that the officials have prepared the budget as per the instructions of the Chief Minister. It is being propagated that the budget is prepared based on the revenue collected by the government in the current financial year. But the government sources say that the budget has been given a form close to the facts.
In the past, the Congress accused the Bharatiya Rashtra Samithi of being far away from the actual calculations when it presented the budget. “The government's expenditure is not commensurate with its revenue. “The state has shown that it is getting more in grants from the centre, but they are getting less,” the Congress alleged at that time. The Congress party has announced to implement six guarantee schemes before the elections. Already implementing schemes like Mahalakshmi, gas cylinder, free electricity under 200 units. But it seems that there is a possibility to allocate more funds for these six schemes in this budget. Before the elections, the Congress party announced some more promises. It seems that most of the allocations are likely to be made in this budget for their implementation. The government sources say that while preparing the actual budget, there are allocations, the budget has been prepared without leaving the ground.