TS Budget For BC Welfare
Hyderabad: Telangana Finance Minister Etala Rajender has presented budget proposals for the year 2017-18 in the Assembly on Monday. The budged is welfare oriented and pro-BC. In a departure from the traditional practice, Rajender gave the division in terms of capital expenditure and development expenditure instead of plan and non-plan expenditure.
TS Finance Minister said the GST reforms would help the State to improve the financial position. He claimed that the growth rate has been 16.61 percent. Though the State revenues were hit by demonetisation, the government could mobilise revenues through other means.
The ₹ 1,46 lakh crore Budget leans heavily towards the BCs. The so called development outlay is ₹88.038 and administrative expenditure is put at ₹61.607crore. Etala has allocated ₹1,731 crore for women and child welfare. Minority’s welfare would get ₹1,249 crore. For Asara pensions ₹5,330 crore have been allocated. ₹100 crore for Brahmins, ₹50 crore for journalists were allotted. For fee reimbursement an amount of ₹1,939 crore was set apart. ₹1209 crore were earmarked for handloom sector. ₹4,000 crore were made available for the last instalment toward the waiver of farm loans.
Irrigation was give ₹26,652 crores while education development would be taken care by spending ₹12,705 crore. Health sector gets ₹5,976 crore and Panchayats Raj institutions were allocated ₹14,723 crore.
Mission Bhagiratha gets an allocation of ₹3,000 crore and urban development gets ₹5,599 crore. Roadways will be developed by spending ₹5,033 crore while Greater Warangal Municipal Corporation would be given ₹300 crore. Different corporations have been allocated an amount of ₹400 crore.
Greater Hyderabad Municipal Corporation (GHMC) has been allocated ₹1.000 crore while ₹4,828 crore will be spent on maintaining law and order. Power sector gets ₹4,203 crore and industrial sector is given ₹985 crore. IT has been allocated ₹252 crore and tourism and culture get ₹198 crore.The Schedule Caste Welfare would get ₹14,000 crore while the Schedule tribes were allocated ₹800 crore.
Rajender said the GDP growth rate could be 10.1 percent compared to the national growth of 7 percent.