No hardship clarifies FM

124
etela rajender

The Schemes being implemented in the Telangana State are budgeted expenditure. There is no hardship in implementing these scheme by the State Government says the finance department.

The new State of Telangana has already emerged as a leading IT hub globally, role model for the entire country in many aspects and several States are implementing the policies / programmes of the State as they are worth emulating and all the expenditure incurred as far is mainly need based and specifically meant for the all-round development of the State and for creating a bright future for the people of the State. There is no scarcity of funds for the welfare and development activities.

The schemes which are mentioned in the Article like Rythu Bandhu, Farmers Insurance Scheme, Kanti Velugu and salary hike to the employee are projected in Budget Estimates 2018-19. The projection made in Budget Estimates 2018-19 are taken in to consideration after taking into rapid growth rate of the State of Telangana. There is no abnormal increase in scheme expenditure.

Image result for telangana welfare schemes

Flagship programmes like Sheep and Milk animals being implemented in the State with the loan assistance of NCDC wherein the NCDC has already sanction loan there is no hardship in implementing this scheme.

Loans borrowed from the Commercial Banks by various Corporations are as per the procedure in vogue and are within the guaranteed limits. There is no such scheme directly lending from Reserve Bank of India by the State Government. Hence there is no funds issue to the state Government and all the schemes are planned and well implemented.