Telangana Finance minister Etela Rajender introduced the first budget of the separate state. The budget stands at Rs 1,00,637 crores and has come out with proper allocations to the welfare schemes. Rs 100 crores was alloted to Telangana martyrs and Rs. 4,250 crore for farmer debt waiver scheme. Loans up to Rs. 1 lakh per family being waived.
Non plan expenditure is Rs. 51,989 crore; Plan expenditure is Rs. 48,648 crore; Estimated revenue surplus is 301 crore; Fiscal deficit estimated at Rs. 17,398 crore. This budget is only available for ten months of current financial year 2014-15.
(AW: Vamshi)