Telangana allots Rs 56,000 crore for poll promises in Rs 3.05 lakh crore budget
2 days, 3 hours ago

Telangana allots Rs 56,000 crore for poll promises in Rs 3.05 lakh crore budget

India Today  

The Congress-led Telangana government on Wednesday presented a budget of Rs 3.049 lakh crore for the fiscal year 2025-26, with a major focus on implementing its six poll guarantees. The budget, tabled by Deputy Chief Minister Mallu Bhatti Vikramarka in the state Assembly, earmarks over Rs 56,000 crore for these welfare schemes, while planning to raise Rs 64,000 crore through open market loans. The budget prioritises the Congress government’s six key poll guarantees, including the Mahalakshmi scheme, which provides Rs 2,500 per month, a gas cylinder at Rs 500, and free travel in state-run RTC buses for women. However, the state’s financial burden continues to grow, with outstanding liabilities exceeding Rs 4.51 lakh crore in 2024-25 and expected to cross Rs 5 lakh crore in the next fiscal year.

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