With the central Budget presentation being completed, the state Government has started the exercise of compiling the budget for 2021-22 in the Telangana.
The Budget session for Telangana is likely to be in March, but the graduate MLC elections have to be completed. So the session will commence after the polling for Graduate MLC seats.
The Chief Minister K Chandrasekhar Rao has not given any comments over the central budget this time. However he has suggested the Finance Minister and also the officials to see that the Budget is realistic and that welfare scheme should not have any issue for the allocations.
Welfare scheme, irrigation and agriculture will get the top priority in the budget allocations part from the two bed room housing scheme. Employment will also get the top priority this time.
The central government has given a huge allocation to the Health sector and there is a chance that the state Government will also follow the same.
Minister for Finance Harish Rao will also have a meeting with the Chief Minister KCR before finalising the Budget for the coming financial year. The Corona has left the state finances in a deficit condition and now the Government has to look for ways and means to revive the revenues in the state.
