Bangalore, February 6 (IANS):
Telangana’s budget for 2023–24, which was submitted to the assembly on Monday by finance minister T. Harish Rao, has been criticized as “illusory” and “directionless” by Congress MP N. Uttam Kumar Reddy.
According to Uttam Kumar Reddy, the proposed spending of Rs. 2.90 lakh crore is wholly improbable because it does not correspond to the state’s earnings. It appears that the Finance Minister’s address was the first in history to omit mentioning projected revenues.
He did not say if there was a surplus or deficit in the budget,” he said. The congressman claimed that there was no consistency in the distribution of cash across the board.
Major areas continued to be neglected. For example, he claimed
Similarly, Secondary Education only received 5.54%, and Higher Education only received 1.03%. He said that no provisions were made by the state government to pay the outstanding Scholarship and Fee Reimbursement Dues.
A pitiful sum of Rs. 3,001 crores has been allotted for the entire Higher Education Dept. out of a total of approximately Rs. 3,200 crores. He said that the was not mentioned KCR’s monthly Unemployment Allowance of Rs. 3,016
The Finance Minister, according to him, made no mention of the cancellation of crop loans He spoke that the Chief Minister has announced an exemption from repayment for up to December 2, 2018, Telangana farmers received Rs. 1 lakh. He did claim that crop loans up to Rs. 35,000 had been paid off during the previous four years. “This was the BRS Government’s final budget, and it fell short of
Respect these commitments. The Congress party had set their price at Rs. 1 lakh loan waiver for all Telangana farmers, which will benefit more than 20 lakh farmers and their families, 20,000 crores will be needed are nonetheless awaiting it. However, the farmers have been disappointed by the Finance Minister Telangana, “said he.