Telangana State Budget introduced at Rs 2.90 lakh crore expenditure in FY24

Finance Minister T Harish Rao of Telangana today introduced the State Budget in the Assembly of Rs 2,90,396 crore for 2023-24.

Dalit Bandhu scheme was allotted Rs Rs 17,700 crore. The scheme provides financial assistance at the rate of Rs 10 lakh per beneficiary to take up any business of his or her choice.

Also, in the Budget, an amount of Rs 36,750 crore is proposed as Special Development Fund for Scheduled Castes while the Medical and Health Department gets Rs 12,161 crore.

Harish Rao added Telangana's share in the country's GDP grew to 4.89 per cent in 2020-21 from 4.1 per cent in 2014-15.

The Budget allotted Rs 2,11,685 crore towards Revenue Expenditure and Rs 37,525 crore for Capital Expenditure.