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Friday 7 November 2014

Telangana Budget highlights



 The budget is only for ten months of 2014-15, it has been so programmed to integrate seamlessly into the five year perspective plan of 2014-19. The new schemes and programmes and the allocations made for the same in the Finance Minister Etela Rajender's budget speech are as follows:




  Rs 100 crore in Budget for ex-gratia to Telangana martyrs

The growth of the State economy witnessed a sharp fall from an average of 10.5 per cent during the period 2005-10 to 4.5 per cent in 2012-13 owing to marked deceleration in the growth of industrial sector. Reversal of this trend requires massive infusion of investment funds into agriculture, industry and infrastructure sectors.

The per capita income of the State at Rs 93,151 in 2013-14, though higher than the national average of Rs 74,920, masks wide variations across districts.  Only three out of ten districts in Telangana have per capita income higher than the national average.

NEW SCHEMES TO ACHIEVE BANGARU TELANGANA:

  Revival of Tanks and Irrigation: The government has decided to take up the restoration of over 45,000 tanks over the next five years. Nearly, 9,000 tanks are proposed to be taken up for restoration in this financial year. An amount of Rs 2,00 crore is proposed in the Budget.

Irrigation Projects: All the four Lift Irrigation Schemes Nettempadu, Kalwakurthi, Bhima and Koilsagar in Mahbubnagar district to be completed in the current year itself to bring 2,97,550 acres under irrigation. A total of Rs 6,500 crore in Budget for entire irrigation sector.

Water grid and drinking water:  Water grid to provide protected and piped drinking water to every household in the State through a network of pipelines at an estimated cost of Rs 25,00 crore. As a primer, a provision of Rs 2,000 crore is proposed in the Budget.

Agriculture and Allied Sectors:  The government has already credited to the loan accounts of farmers of Rs 4,250 crore as first instalment.
 Government has decided to bring an end to uncertainty in market and decided to establish a Market Invention Fund with a provision of Rs 400 crore in the budget

TS as Seed Bowl of Country: The State has taken the initiative of developing seed chains and an amount Rs 50 crore has provided in the budget. Plans are afoot to tie up with seed companies for marketing. Rs 100 crore for farm mechanisation.

Horticulture: To promote drip irrigation to optimise the use of ground water in 1.36 lakh acres. Rs 250 crore earmarked.

Poultry Sector: Rs 20 crore proposed towards power subsidy to poultry farmers.

Dairy sector: Rs 16.30 crore provided Rs 16.30 crore as an incentive to milk producers at the rate of Rs 4 per litre of milk supplied to Vijaya Dairy.


WELFARE PROGRAMMES:

   SC Welfare: Rs 1,000 crore provided three acres land for each SC family. State to spend Rs 50,000 for the SCs in the next five years.

Tribal Welfare: Rs 245.92 crore proposed for the educational institutions in tribal areas.

SC and ST sub-plans:  The amounts proposed under SC and ST sub-plans in this budget are RS 7,579.45 crore and Rs 4,559.81 crore.


Welfare of BCs: An amount of RS 2,022 crore is proposed to BCS under plan and non-plan

Welfare of Minorities: Rs 1,030 crore for welfare of minorities.


Kalyana Lakshmi: Rs 250 crore for Kalyana Lakshmi to give Rs 51,000 per girl for marriage purpose. Rs 150 crore for SCs, Rs 80 crore for STs and Rs 100 crore for Muslims.


Women and child welfare: Rs 10 crore proposed in the budget for strengthening safety and security measures for women.
  At present eight eggs per month are being provided to children in the age gruop of seven months to three years. The eggs will be increased from eight to 16 per month. Children in the age group of three to six years will get 30 eggs per month instead of 16 eggs per month. Rs 1,103.88 crore earmarked for ICDS.


LPG connections: Rs 100 crore proposed for one-time free supply of LPG connections to the poor women.

Aasara: Pensions to handloom weavers and toddy tappers too will be increased. Rs 1,317.77 crore in the budget for payment of pensions to the aged and the widows. Rs 367.75 crore for payment of pensions for the disabled.


KG TO PG: The government is committed to overhauling and strengthening the public education system from KG to PG in phases. A token amount of Rs 25 crore is proposed in the budget to roll out new strategy for improvised KG to PG education.
  Rs 940.73 crore for setting up of model schools at mandal level as benchmarks of excellence. Rs 119.63 crore for IIIT at Basara.


Medical and Health: Rs 100 crore each for improvements in Gandhi and Osmania hospitals. Rs 30 crore for Niloufer and RS 25 crore for King Koti hospital. Rs 50 crore for maternity hospitals at Petlaburz and Sultanbazar.
  District hospitals will be upgraded into super speciality hospitals. Rs 1 crore each proposed to upgrade 42 area hospitals. Rs 40 croer for strengthening of eye, mental, chest and ENT hospitals. Rs 152 crore for medical college buildings. State to establish a health university at Warangal.

Industry:  There was a negative growth of industry sector in Telangana by 0.9 per cent in 2012-13. Though growth marginally picked up to 2.7 per cent in 2013-14, it remains much below the desired level. For giving industrial growth a momentum, the State is set to release industrial policy.  To establish a land bank with about 5 lakh acres for locting industries. Land will be handed over to Telangana State Industrial Infrastructure Corporation (TSIIC). Rs 100 crore provided in the budget for the same. 

 Rs 100 for power subsidy to industries. Rs 90 crore for Hyderabad Information Technology and Investment Region (ITIR). Government proposed to link research institutes, academia and industry in and around Hyderabad under the umbrella of "Research and Innovation Circle of Hyderabad (RICH).

  Rs 19.30 crore for incentives to SC entrepreneurs to set up industrial units.

Power loom weavers:  Loan waiver up to Rs 1 lakh per each weaver family.

Urban development: Installation of CCTVs in Hyderabad and Cyberabad Rs 44.59 and RS 25 crore proposed respectively. Rs 581 crore for Krishna and Godavari water supply schemes and sewerage improvement in Hyderabad.
 Rs 374.73 crore under Centrally assisted development scheme for small and medium towns. Rs 200 crore under externally aided municipal development project for improvement of drinking water supply and sanitation facilities in municipalities. Rs 150 crore as assistance to municipalities under the award of the State Finance Commission.


Road Network:  Rs 4,000 in the budget for improvement of road network. Government proposes to spend Rs 10,000 crore over two year time on road network.
 About 1,000 new buses are proposed to be added to the existing fleet of TSRTC.


Energy sector: Measures taken to add 20,000 MW of power generation in next five years.  With a view to augmenting power supply to agriculture, an amount of Rs 200 crore proposed in the budget to promote the use of solar pump sets. Rs 40 crore is provided to promote roof top solar power. Besides, servicing the bonds, a provision of Rs 1,000 crore has been proposed towards investments in TSGenco under State Plan. In addition, Rs 3,241.90 crore is provided to the energy sector under non-plan. This includes Rs 3,000 crore towards power subsidy.

Fores and Environment. Haritha Haaram to plan 230 crore saplings in next three to four years. A corpus fund of Rs 300 crore is proposed Haritha Haaram in the budget. Funds from the State Plan, CAMPA and MGNREGA will be tapped for the same. A forest college is proposed to be set up and RS 10 crore provided in the budget.


Culture, Tourism and Sports: Telangana Kala Bhavan at Hyderabad, Kaloji Cultural Centre at Warangal are proposed. Rs 15 crore earmaked for the same. Rs 11 crore proposed for the new scheme Samskrithika Sarathi to encourage artistes of Telangana

Yadagirigutta, a holy place, is proposed to be developed with Rs 100 crore on the lines of TTD. To develop 400 acres of Narasimha Abhayaranyam, parks, marriage halls, meditation centres, Veda Patasala and construct cottage in about 1,600 crore proposed in the budget.

Rs 100 core for Godavari Pushkaralu. Rs 60 crore for development of infrastructure in tourist destinations and circuits. Rs 90 crore for development of sports stadia and modernisation of sports facilities.


CDP: Constituency Development Fund for MLAs and MLCs has been increased from Rs 1 crore to Rs 1.5 crore. Rs 234 crore proposed in the budget.


Administrative Reforms: The State will shortly put in place a comprehensive Financial Management System. Once operational, all financial transactions in the state will be online eliminating discretion and delays ushering in a total transparent system of financial management.

Employee welfare: State is examining the issue of regularising contractual employees.

Housing: State is planning to take up the construction of houses with two bed rooms, a hall, kitchen, bathroom and a lavatroy at a unit cost of RS 3.5 lakhs. The amount proposed in the budget is Rs 1,000 crore.


Advocates: Rs 100 crore is provided for the welfare of advocates

Journalists: Rs 10 crore for the welfare journalists. To construct Journalist Bhavan at Hyderabad. The government has also decided to provide food security cards to all eligible families in the state.


ends

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