Hyderabad, July 25, Vol-04: It is now official Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka will present the annual budget for the financial year of 2024-25 in the Assembly today. This will be the maiden full exercise budget presented by the Congress government which came to power in December last year.
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Earlier in February this year, the Deputy Chief Minister had unveiled a vote-on-account budget for the current fiscal amounting to ₹2,75,000 crore of which ₹2,00,000 crore only was the revenue expenditure and ₹29,000 crore only the capital expenditure.
Vikramarka has pledged that he would present a balanced budget knowing the fact that the state is in a very bad position financially. But, there is doubt raised if this loan waiver scheme will have a separate budgetary provision.
Many people are likely to have keen interest fixed on the presentation of the budget because it will indicate the Governments strategies to harness the development of the state’s economy and the management of its finances.
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