Telangana Budget 2023-24 Highlights!
Telangana government proposes Rs 2,90,396 crore budget outlay in 2023 -2024 financial year. In 2022-2023 , it was 2.56 lakh crore. Check budget highlights below.
Telangana Finance Minister T. Harish Rao pesented the TS Budget 2023-24 on Feb 5, 2023. The below are the highlights of the budget.
Telangana Budget 2023-24 Highlights
- 2023-24 per capita income Rs. 3 lakh 17 thousand 175
- Revenue Expenditure Rs. 2,11,685 crores
- Capital cost Rs. 37, 525 crores
- Capital investment - Rs 37,525 crore
- Revenue expenditure - Rs 2.11 lakh crore
- Share of central taxes Rs. 21, 471 crores
- Revenue from Taxes and Expenditure Taxes Rs. 650 crores
- Non-tax income Rs. 22,801 crores
- Central Funds Rs. 41, 259. 17 crores
- Revenue from vehicle tax Rs. 7,512 crores
- Revenue from electricity taxes Rs. 750 crores
- Revenue through real estate taxes Rs. 175 crores
- Revenue from other taxes duties Rs. 44.20 crores
- Revenue from Stamps and Registration is Rs. 18,500 crores
- Income from land revenue is Rs. 12.5 crores
- Revenue from Excise Department is Rs. 19 thousand 884.90 crores
- Sales tax revenue of Rs. 39.500 crores
TS Budget 2023-24 Allocations
- Rs 200 crores for KCR Nutrition Kit
- For construction of double bed room houses Rs. 1200 crores
- Higher Education Department Rs. 3,001 crores
- TS RTC Rs. 1500 crores
- Transport Department Rs. 1,644 crores
- Municipal Department Rs. 11 thousand 372 crores
- Roads and Buildings Department Rs. 2 thousand crores
- Hyderabad Airport Metro Rs. 500 crores
- Metro connectivity to Patabasti Rs. 500 crores
- Schedule Castes Special Development Fund Rs. 36 thousand 750 crores
- For I&PR Rs. 1000 crores
- Home Department Rs. 9 thousand 500 crores
- For women's varsity Rs. 100 crores
- For the development of Musi Rs. 200 crores
- Transport Department Rs. 1,644 crores
- For tribal welfare Rs. 3,965 crores
- Industries Rs. 4,037 crores
- For roads in villages Rs. 2 thousand crores
- For Minority Welfare Rs. 2,200 crores
- Rs.15, 233 crores for Schedule Tribes
- For water drainage sector Rs. 26, 831 crores
- Rs.12, 727 crores for power sector
- Rs.1575 crores for Raitubundhu scheme
- Rythu Bima Scheme Rs. 1589 crores
- Rural Pragathi and Urban Pragathi Scheme Rs. 4834 crores
- Oil Farm Cultivation - 1000 Crores.
- Development of universities - 500 crores.
- Industrial Production Incentives - 2937.20 Crores.
- Electricity subsidy to industries -316.39 crores.
- Payable interest loan to food processing units - 266.20 crores
- Rs. 1000 crores for new job vacancies
- Rs.1463 crores for Arogyasree
- Finance Department Rs. 49, 749 crores
- 3,560 crores to the revenue department
Check Key Features of The Union Budget 2023-24
- 26,885 crores for irrigation sector
- 12,727 crores for the power department
- 3,117 crores for public distribution system
- 12 thousand crores to pensions
- 17,700 crores for Dalit Bandhu
- 36,750 for special progress of scheduled castes
- 6,229 crores for the welfare of BC communities
- 3,210 crores for Kalyanalakshmi/ Shaadi Mubarak
- For the welfare of journalists, the Telangana government has allocated a fund of Rs.100 crores to the Corpus Fund.
- A fund of Rs.100 crore has also been provided for the welfare of lawyers.
- 1471 crores for Forest Department and Haitha Haaam
- 19,093 crores for education department
- 12,161 crores for medical and health sector. Health City in Warangal with a capacity of 2000 beds at a cost of 1100 crores has been started. 1 crore 54 lakh people have been examined and more than 40 lakh spectacles have been distributed through Kanti Velugu.
- 31,426 crores to Panchayati Raj Department
Also Read: Union Budget 2023-24 Highlights
The allocation for agriculture is Rs.26,831 crore
- Rs.26,885 crores for irrigation department
- Power allocations Rs.12,727 crores
- Rs.12 thousand crores for support finchans
- Rs.17,700 crores for Dalit Bandhu
- Rs.36,750 crore for SC Special Fund
- Rs.15,233 crores for ST special fund
- Rs.6,229 crores for the welfare of BC
- Rs.2,131 crore for women and child welfare
Published date : 06 Feb 2023 03:25PM