Telangana Govt gears up for full-scale budget on July 25

The Congress, which dubbed the previous BRS government’s Rs 2.9 lakh crore budget of 2023-24 unrealistic and overly ambitious, is now gearing up to present a full-scale budget with a little over Rs.2.9 lakh crore for 2024-25. This budget, which includes provisions for various schemes such as loan waivers and six guarantees, comes just as the vote-on-account budget for the initial four months ends on July 31.

Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka has already completed department-wise review of budget proposals, with departments outlining their priorities. Chief Minister A Revanth Reddy is expected to meet with the



Finance department officials on Monday to finetune the budget estimates. The State budget will have minor adjustments depending on the central grants, Central Sponsored Schemes (CSS), and State’s share in taxes, to be allocated in the Union Budget to be presented on Tuesday.

While the Assembly session is scheduled to commence from July 24, the full-scale State budget will be presented on July 25 following the Cabinet approval on the same day in Committee Hall-1 of the Assembly. Deputy CM Bhatti Vikramarka will present the budget in the Assembly, while IT and Industries Minister D Sridhar Babu is likely introduce it in the Legislative Council.