Telangana state Budget to cross Rs.2 lakh crore

The state government is preparing to introduce an interim Budget of Rs 2 lakh crore in the ensuing Assembly budget session for 2019-20.

Chief Minister K. Chandrasekhar Rao had already announced that the state government will introduce an interim Budget for six months keeping the ensuing Parliament elections in mind.

During the recent Assembly polls, Mr Rao had promised to increase Asara pensions, which includes pension for old age, disabled and widows; financial aid under Rythu Bandhu; and allowance for the



unemployed.

Finance department sources said that the state government had spent about Rs 41,000 crore for welfare schemes in the current financial year and the allocation was likely to increase in the ensuing Budget in view of promises made by the CM.