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Telangana budget vows to develop Hyderabad as world class city

In its maiden full-fledged budget for the new state, Telangana government on Wednesday proposed a total expenditure of Rs 1,15,689 crore, including non-plan expenditure of Rs 63,306 crore for 2015-16.

The estimated revenue surplus in the Budget presented by state Finance Minister Etela Rajender is Rs 531 crore. The plan expenditure was proposed at Rs 52,383 crore, while no fresh taxes have been imposed. The fiscal deficit is estimated at Rs 16,969 crore. Sectors of education, irrigation, medical and health services, 'Mission Kakatiya' (revival of tanks), energy, water grid, agriculture, welfare of SCs, STs, minorities, road upgradation, administration of Hyderabad, including metro rail; have received major allocations in budget estimates for 2015-16.
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