Hyderabad: Telangana Finance Minister T Harish Rao presented a massive of more than Rs 2.30 lakh crore tax-free budget for 2021-22 in the state Assembly on Thursday.The budget estimates a Revenue Expenditure of more than Rs 1.69 lakh crore while the Income Expenditure will be over Rs 29,000 crore.The Revenue Surplus and fiscal deficit have been projected at Rs. 6,743 crore and more than Rs.45,000 crore respectively.The Welfare and Irrigations sectors were accorded priority in the budgetary allocations.
In his budget speech, the Minister said that in the last seven years, the state had surpassed many states in development and added that the the government was striving to fulfill the aspirations of the people.