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Telangana budget 2014-15 - Highlights - Tv9

Wed, Nov 05, 2014, 04:47 PM
The maiden budget of the 29th state of India, Telangana, was presented on Wednesday in the state assembly by Finance Minister Etela Rajender who proposed total expenditure of Rs.1,00,637 Cr during 2014-15.The budget includes a plan expenditure of Rs.48,648 Cr and non-plan outlay of Rs.51,989 Cr. Rajender presented the tax-free budget, with revenue deficit of at least Rs.17,398 Cr.
Some of the highlights include:

* Allocation of Rs. 6500 Cr for irrigation and command area development.

* Government to restore 45,000 irrigation tanks in five years. Of which, 9000 tanks to be restored this year.

* Rs. 2000 Cr allocated for restoration of irrigation tanks.

* 10 % of water in irrigation projects to be diverted for drinking water needs.

* To allocate Rs 25,000 Cr provide piped drinking water, Rs. 2,000 Cr allocated this year.

* Health sector gets Rs.2,282 crore.

* Rs. 4,250 Cr allocated for farmer debt waiver scheme. Loans up to Rs. 1 lakh per family being waived.

* Rs. 100 Cr provided for farm mechanisation.

* 100 % subsidy to SC/ST farmers, 90 % to small and marginal farmers and 80 % to others for setting up drip irrigation projects. Rs. 250 Cr provided for this purpose.

* Rs. 25 Cr allocated to improve education from KG to PG.

* Rs. 100 Cr provided for one time supply of LPG connections to poor women.

* Rs. 1,317 Cr allocated for payment of pensions to aged and widows.
* Major national project as part of national investment, and manufacturing zone to come up in Medak district spread over 12,365 acres.

* Rs. 90 Cr for ITIR projects in Hyderabad.

* NIMZ could attract investments of Rs. 40,000 Cr and employment for 3 lakh people and support 4.5 lakh people indirectly.

* TSRTC gets Rs 400 Cr to buy 1000 new buses.

* 20,000 MW power to be added in next 5 years.

* BHEL to set up thermal plants with a capacity of 6000 MW.

* NTPC to set up 4000 MW plant at Ramagundam.

* Journalists in Telanagana to get health cards. Rs. 10 Cr allotted for construction of a Journalist Bhavan.

* Rs. 1,000 Cr investment in TSGENCO under state plan.

* Rs. 100 Cr earmarket for development plan for Yadagirigutta town.

* All roads linking Mandal headquarters to District headquarters to be made into double lane roads. Rs. 400 Cr allocated for that purpose.

* Corpus fund of Rs. 300 Cr for Herita Haram scheme to raise 230 Cr trees in next four years.

* Forest college gets 10 Cr.
Related Video Embedded from Tv9 Youtube Channel.
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