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Highlights of Telangana Budget 2024 | Sakshi Education

Highlights of Telangana Budget 2024 | Sakshi Education

Telangana Budget of ₹2,91,159 Crore Presented by Bhatti Vikramarka in the Assembly.

The Telangana State Government has budget in the assembly. Finance Minister Bhatti Vikramarka presented the full budget in the legislative assembly.

Key Highlights of Telangana Budget 2024

Union budget 2024: what will be cheaper and what will be more expensive?

  • Total budget: ₹2,91,159 crore
  • Capital expenditures: ₹33,487 crore
  • Tax income: ₹1,38,181.26 crore
  • Non-tax revenues: ₹35,208.44 crore
  • Participation in central taxes: ₹26,216.28 crore
  • Central subsidies: ₹21,636.15 crore
  • Proposed loans: ₹57,112 crore

Highlights of the Union Budget 2024-2025!

TG Budget 2024 Allocation

  • Estimated budget deficit: ₹49,255.41 crore
  • Estimated primary deficit: ₹31,525.63 crore
  • Estimated turnover surplus: ₹297.42 crore
  • Agriculture: ₹72,659 crore
  • Horticulture: ₹737 crore
  • Cattle breeding: ₹1,980 crore
  • ₹500 Gas cylinder scheme: ₹723 crore
  • Gruha Jyoti Scheme: ₹2,418 crores
  • Public distribution system: ₹3,836 crore
  • Panchayati Raj and Rural Development: ₹29,816 crore
  • Regional Ring Road (RRR): ₹1,525 crore
  • Women and child welfare: ₹2,736 crore
  • SC Welfare: ₹33,124 crore
  • ST Welfare: ₹17,056 crore
  • Well-being of minorities: ₹3,003 crore
  • BC Welfare: ₹9,200 crore
  • Medical and Health: ₹11,468 crore
  • Transco and Discoms: ₹16,410 crore
  • Forests and environment: ₹1,064 crore
  • Industries: ₹2,762 crore
  • IT department: ₹774 crores
  • Irrigation: ₹22,301 crore
  • Education: ₹21,292 crore
  • Home Affairs: ₹9,564 crore
  • Roads and buildings: ₹5,790 crore

Union Budget 2024: boosting youth and women empowerment in the workplace

Some key points from the Finance Minister’s speech

  • Reopening of Nizam Sugars
  • Implementation of a new system within ORR limits
  • Telangana Core Urban Region (TCUR): A new system has been set up: the Telangana Core Urban Region (TCUR).
  • Jurisdiction: TCUR comprises GHMC, plus the districts of Hyderabad, Ranga Reddy, Medchal and Sangareddy.
  • Disaster prevention and asset protection: Special measures, including use of Hydra, are being taken to prevent disasters and protect assets in Hyderabad.
  • Development on the Musi River: High priority will be given to the development of the Musi Riverfront.
    • Recreation areas: Recreation areas, public squares, children’s parks and entertainment areas are being constructed around the Musi River.
  • Cracking down on drugs: A strict approach to drugs will be introduced.
    • Drug Free Telangana: Efforts will be made to transform Telangana into a drug-free state.
    • Awareness conferences: Awareness conferences are held to combat drug abuse.
  • Satellite towns around Hyderabad: New satellite towns are being developed around Hyderabad.
    • Comprehensive planning: These townships will be provided with all necessary facilities.